755/743 Boxelder Dr Baton Rouge, LA 70806
This exceptional investment opportunity presents a fully occupied, upscale four-plex apartment building located in Baton Rouge, Louisiana. The property boasts 10,047 square feet of living space across four units, each with a price point of $400,000, totaling $1,400,000 for the entire complex. The building sits on a 10,150 square foot lot and includes 14 parking spaces, ensuring ample convenience for residents. Situated in a quiet neighborhood, it enjoys a prime location within walking distance of the Goodwood Library, easily accessible from Lobdell Avenue, and nestled between Goodwood Avenue and Independence Boulevard. The property is zoned A-1 and resides in a Flood Zone X. An adjacent vacant lot of 6,186 square feet is also available for purchase at $125,000, presenting a valuable opportunity for expansion or future development. The four units are located at 755 and 743 Boxelder Drive, and 7402 and 7406 Elderberry Avenue, Baton Rouge, LA 70806. The property's APN is 028-1937-7. This is a rare chance to acquire a high-performing multifamily asset in a desirable location. The 100% occupancy rate ensures immediate cash flow, making this an attractive investment for discerning buyers.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.