$350,000
PENDING

Estimated payment $1,970/month

Total Views 2,641
-- Bed
-- Bath
1,426 Sq Ft
$245 Price per Sq Ft

Highlights

  • Wood Flooring
  • Porch
  • Multiple Heating Units
  • High Ceiling
  • Central Air

About This Home

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.

Listing Agent

Perry Musgrow

License #0000020470 Listed on: 05/14/2026

Property Details

Home Type

  • Multi-Family

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 42 x 120

Parking

  • Parking Lot

Home Design

  • Duplex
  • Pillar, Post or Pier Foundation
  • Frame Construction

Interior Spaces

  • 1,426 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Wood Flooring
  • Gas Cooktop

Outdoor Features

  • Porch

Utilities

  • Window Unit Cooling System
  • Central Air
  • Multiple Heating Units
  • Wall Furnace
  • Separate Meters

Community Details

  • 2 Units
  • Arbour Place Subdivision

Listing and Financial Details

  • Tax Lot C/3

Property Details

Home Type

Multi-Family

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Lot Size: 42 x 120
  • Subdivision Name: Arbour Place
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • List_136: 91.175297
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Gas Cooktop, Refrigerator
  • Other Equipment: Individual Meter
  • Flooring: Wood
  • Interior Amenities: High Ceilings

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Porch

Garage/Parking

  • Parking Features: Parking Lot
  • Total Parking Spaces: 4

Utilities

  • Cooling: Window Unit(s), AC Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace, Heat Unit(s)
  • Heating Yn: Yes

Schools

  • Junior High Dist: East Baton Rouge

Lot Info

  • Lot Size Sq Ft: 4791.6

Rental Info

  • Tenant Pays: Broadband/Internet Access, Cable/Sat TV, Electricity, Gas, Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Lot: C/3

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $552 $4,502 $1,848 $2,654
2024 $552 $4,502 $1,848 $2,654
2023 $527 $4,020 $1,650 $2,370
2022 $480 $4,020 $1,650 $2,370
2021 $469 $4,020 $1,650 $2,370
2020 $466 $4,020 $1,650 $2,370
2019 $442 $3,650 $1,500 $2,150
2018 $437 $3,650 $1,500 $2,150
2017 $437 $3,650 $1,500 $2,150
2016 $426 $3,650 $1,500 $2,150
2015 $420 $3,600 $1,500 $2,100
2014 $419 $3,600 $1,500 $2,100
2013 -- $3,600 $1,500 $2,100
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/28/2026 07/28/26 Sold -- -- -- View Prior Sale
05/30/2026 05/30/26 Pending -- -- --
05/14/2026 05/14/26 For Sale $350,000 -- $245 / Sq Ft
Source: Greater Baton Rouge Association of REALTORS®

Source: Greater Baton Rouge Association of REALTORS®

MLS Number: BR2026009211

APN: 00500682

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