1023 Laurel St Baton Rouge, LA 70802
Mid City North NeighborhoodEstimated payment $1,339/month
Highlights
- Deck
- Porch
- Outdoor Storage
- Wood Flooring
- Patio
- Ceiling Fan
About This Home
Welcome to this exceptional multi-family or investment opportunity! If you love the charm of old homes (estimated that it was built in 1940) with 12' ceilings, original oak floors, and cast iron tubs, you’ll love this ideally located 2565 sq/ft home. Uniquely built with 3 apartments and located in Mid City, blocks away from Spanish Town and the Baton Rouge Downtown Development District, and not far from LSU. It is the perfect investment opportunity! With a big beautiful porch, the “front” apartment of the home is currently leased with 2BD/1BA, gated long side courtyard and offers 1017 sq ft of living area. The “side” apartment, has its own driveway and parking and offers 1BD/1Ba, 921 sq. ft. with a sunroom, lots of storage space, an office nook, back covered deck and gated back yard. With the long-term tenant recently leaving, kitchen appliances will need to be replaced. The “back” apartment, which is leased, is a 1Bd/1BA and 626 sq ft. Large shed in back offers one side of storage and one side of Utility room/creative space. * In-unit laundry hookups * Separate utility meters *- tenants pay their own utilities.* Owner covers Wi-Fi bill of around $80/mo. The home was recently painted on the interior. This income-producing property offers a strong opportunity for investors seeking both stability and upside. Existing tenants provide reliable cash flow, while the versatile layout also allows for multiple families, multiple offices/professional use. The sale includes Lot 7 (60 x 130) and Lot 8 (30 x 130), with Lot 8 featuring a dedicated driveway on the right providing access to the side apartment. The additional lot presents further value-add potential and could be developed for an additional business, subject to adding a structure and any applicable approvals. Don’t miss this opportunity to build equity
Property Details
Home Type
- Multi-Family
Lot Details
- 7,841 Sq Ft Lot
- Lot Dimensions are 90 x 130
- Wood Fence
Parking
- 5 Parking Spaces
Home Design
- Gable Roof Shape
- Pillar, Post or Pier Foundation
- Vinyl Siding
Interior Spaces
- 3,386 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Electric Cooktop
Flooring
- Wood
- Ceramic Tile
Outdoor Features
- Deck
- Patio
- Outdoor Storage
- Porch
Utilities
- Heating Available
Community Details
- Magnoliaville Subdivision
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,148 | $8,691 | $1,971 | $6,720 |
| 2023 | $1,100 | $7,760 | $1,760 | $6,000 |
| 2022 | $1,004 | $7,760 | $1,760 | $6,000 |
| 2021 | $980 | $7,760 | $1,760 | $6,000 |
| 2020 | $974 | $7,760 | $1,760 | $6,000 |
| 2019 | $924 | $7,050 | $1,600 | $5,450 |
| 2018 | $914 | $7,050 | $1,600 | $5,450 |
| 2017 | $914 | $7,050 | $1,600 | $5,450 |
| 2016 | $822 | $7,050 | $1,600 | $5,450 |
| 2015 | $537 | $4,600 | $1,650 | $2,950 |
| 2014 | $535 | $4,600 | $1,650 | $2,950 |
| 2013 | -- | $4,600 | $1,650 | $2,950 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/07/2026 01/07/26 | For Sale | $240,000 | 0.0% | $71 / Sq Ft |
| 01/15/2016 01/15/16 | Rented | $850 | 0.0% | -- |
| 01/06/2016 01/06/16 | Under Contract | -- | -- | -- |
| 12/01/2015 12/01/15 | For Rent | $850 | -- | -- |
Source: Greater Baton Rouge Association of REALTORS®
MLS Number: 2026000395
APN: 00062669
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