$350,000

Est. payment - /mo

1,426 SqFt

UPDATED:

Key Details

Sold Price $350,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,426 sqft

Price per Sqft $245

Subdivision Arbour Place

MLS Listing ID 2026009211

Lot Size 5,039 Sqft

Property Sub-Type Duplex

Property Description

Developer's Dream Near LSU – Income Now, Expansion Potential for the Future Unlock the possibilities with this exceptional Baton Rouge investment opportunity featuring two income-producing duplexes plus two additional lots in a rapidly growing corridor just minutes from Louisiana State University. Located at 204-206 E. State Street and 226 A&B State Street, 240 E State Street (lot) and a parcel in between properties, this rare multi-property package offers the perfect blend of immediate cash flow and outstanding redevelopment potential. Fully occupied and generating steady rental income, these well-maintained duplexes showcase timeless architectural charm with desirable features including 9-foot ceilings, hardwood floors, newer roofs, and individually metered utilities for streamlined management and tenant convenience. The prime location near LSU ensures continued rental demand and long-term investment stability. What truly sets this portfolio apart is the incredible opportunity for new construction and multi-unit development. The additional lots create a unique canvas for developers/investors looking to expand, build additional units, increase density, or capitalize on the area's ongoing growth and housing demand. This multi-property package is ideal for investors seeking stable cash flow, proximity to LSU, and long-term appreciation potential in the growing Baton Rouge market. All information is believed to be accurate but not guaranteed and should be independently verified by purchaser. Measurements, occupancy status, zoning, lot dimensions, and investment projections are approximate and subject to buyer verification.

Location

State LA

Parish East Baton Rouge

Interior

Heating Wall Furnace

Cooling Window Unit(s)

Flooring Ceramic Tile, Wood

Equipment Individual Meter

Exterior

Garage Spaces 4.0

Roof Type Shingle

Building

Story 2

Foundation Pillar/Post/Pier

Sewer Public Sewer

Water Public

Schools

Elementary Schools East Baton Rouge

Middle Schools East Baton Rouge

High Schools East Baton Rouge

Others

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Special Listing Condition As Is

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Listed by Bridgewater Realty Advisors

Nearby School & Business

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Customer Care

+1(866) 794-1022

Broker | License ID: 23wee-234444

Broker License ID: 23wee-234444

204 E State St ##2 Baton Rouge, LA 70802