235 20Th St Baton Rouge, LA 70806
This exceptional 8-unit apartment building presents a compelling investment opportunity in Baton Rouge, Louisiana. Located at 235 S 20th St, this property boasts a total of 5,652 square feet situated on a 0.17-acre lot. The complex comprises two buildings: a four-plex featuring four two-bedroom apartments totaling 3,672 square feet, and a second four-plex with four one-bedroom apartments encompassing 1,980 square feet. Currently, three of the eight units are occupied. The property is zoned A 3.1, offering potential for future development or expansion. The asking price for this multifamily investment is $120,000, presenting a strong return potential for savvy investors. The property's location in Baton Rouge, within East Baton Rouge Parish, and its convenient address provide easy access to local amenities and transportation. This is an ideal opportunity to acquire a well-positioned multifamily property in a growing market. The existing occupancy provides immediate cash flow, while the vacant units offer the potential for increased rental income. This property is offered as-is.
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
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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.