Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    644 Monet Dr Baton Rouge, LA 70806

    Sponsored
    For Sale
    $1,900,000

    Baton Rouge multifamily investment opportunity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Clover Place, located at 644 Monet Dr, Baton Rouge, LA 70806, presents a compelling investment opportunity in the thriving Baton Rouge market. This 24-unit apartment building, constructed in 1984, is offered at an asking price of $1,900,000. The property boasts convenient access, situated less than 15 minutes from downtown Baton Rouge and Louisiana State University (LSU), ensuring high occupancy potential. Each unit includes washer/dryer connections, a significant amenity for renters. Recent renovations have upgraded the electrical system with the installation of copper wiring, enhancing the property's value and reducing maintenance concerns. The property's strong location, coupled with the recent improvements and the inherent demand for rental units in the area, makes Clover Place an attractive investment for those seeking a stable and potentially high-yielding multifamily asset. The building's 24 units provide a substantial rental income stream, and its proximity to LSU and the city center ensures a consistent flow of potential tenants. This is a turnkey opportunity to acquire a well-maintained apartment building in a desirable location with significant upside potential. The property's solid foundation and recent upgrades position it for continued success and long-term growth. Detailed financial information and further property specifics are available upon request.

    Property Features for 644 Monet Dr

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    1984
    Units
    24

    HighLights

    • $1,900,000 asking price for this 24‑unit apartment building.
    • Multifamily property located in Baton Rouge, LA.
    • Built in 1984.
    • Less than 15 minutes from downtown Baton Rouge and LSU.
    • Units feature washer/dryer connections.
    • Recent renovations include updated copper wiring.
    Property Profile Location Intelligence

    Current Use by Public Records

    capstoneram Contractor Clover Place Apartments Apartment Building

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Baton Rouge
    County
    East Baton Rouge Parish
    State
    Louisiana
    Longitude
    -91.1170471
    Latitude
    30.4556214

    Nearby Similar for Sale

    • $989,000
      1.16 Acres

      Baton Rouge Retail Investment Opportunity

      14,256 sqft neighborhood center in high-traffic corridor for sale.
      1962 O'neal Ln, Baton Rouge, LA 70816
      View Details
    • $600,000
      3,107 SF

      Updated Historical Property in Baton Rouge

      Commercial property with private entrance, parking, and large unfinished basement.
      2340 Government St, Baton Rouge, LA 70806
      View Details
    • $300,000
      Pending

      Baton Rouge Quadruplex Investment

      Four-unit property near Brightside Lane, great investment opportunity.
      5257 Brightside View Dr, Baton Rouge, LA 70820
      View Details
    • $235,000
      2,296 SF

      Renovated Duplex: Investment Opportunity

      Updated duplex with strong rental potential near schools and amenities.
      12320-12322 Warfield Ave, Baton Rouge, LA 70815
      View Details
    • $320,000
      Pending

      Updated Four-Unit Apartment Complex

      Fully updated four-unit apartment complex with immediate income.
      1706 Boulevard De Province, Baton Rouge, LA 70816
      View Details
    • $1,100,000
      0.40 Acres

      Baton Rouge Commercial Property For Sale

      High-volume convenience store with development potential in Baton Rouge, LA.
      2400 Highland Rd, Baton Rouge, LA 70802
      View Details
    • $99,000
      1,709 SF

      Baton Rouge Duplex Investment Opportunity

      Duplex in Baton Rouge, LA, near Southern University.
      1285-87 Stilt St, Baton Rouge, LA 70807
      View Details
    • $228,888
      3,056 SF

      Baton Rouge Office Building For Sale

      Office building near I-12/Sherwood with ample parking and versatile space.
      2531 Toulon Dr, Baton Rouge, LA 70816
      View Details
    • $375,000
      2,905 SF

      Renovated Office Building For Sale

      Fully renovated office building with high visibility and ample parking.
      7450 Antioch Rd, Baton Rouge, LA 70817
      View Details
    • Contact for pricing
      2,000 SF

      Prime Commercial Property in Saint George

      Centrally located commercial property with office spaces, parking, and fenced yard.
      14744 Tiger Bend Rd, Baton Rouge, LA 70817
      View Details
    • $135,000
      1,375 SF

      Baton Rouge Commercial Opportunity

      Versatile commercial property in central Baton Rouge, ideal for investors.
      5121 Evangeline St, Baton Rouge, LA 70805
      View Details
    • $495,000
      Pending

      Renovated Quadplex in Baton Rouge

      Turnkey, income-producing four-unit property near Essen and Perkins.
      7743 Bles Ave, Baton Rouge, LA 70810
      View Details

    FAQs

    What type of property is this?
    Multifamily property - Baton Rouge multifamily investment opportunity.
    Where is this multifamily property located?
    The property is located at 644 Monet Dr Baton Rouge, LA.
    What is the asking price?
    The asking price for this property is $1,900,000.
    What are key features of this property?
    This property features: $1,900,000 asking price for this 24-unit apartment building.; Multifamily property located in Baton Rouge, LA.; Built in 1984.
    Request Owner's contact information
    644 Monet Dr Baton Rouge, LA 70806
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    644 Monet Dr
    Baton Rouge, LA 70806
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    644 Monet Dr Baton Rouge, LA 70806
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.