$350,000

Estimated payment $2,217/month

-- Bed
-- Bath
1,426 Sq Ft
$245 Price per Sq Ft

Highlights

  • Wood Flooring
  • Porch
  • Ceiling height of 9 feet or more

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

Bridgewater Realty Advisors License #0000020470 Listed on: 05/14/2026

Property Details

Home Type

  • Multi-Family

Lot Details

  • 5,040 Sq Ft Lot
  • Lot Dimensions are 42x120

Home Design

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

Interior Spaces

  • 1,426 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Gas Cooktop

Flooring

  • Wood
  • Ceramic Tile

Parking

  • 4 Parking Spaces
  • Parking Lot

Outdoor Features

  • Porch

Community Details

  • Arbour Place Subdivision

Property Details

Home Type

Multi-Family

Lot Details

5,040 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Lot Size: 42x120
  • Appliances: Gas Cooktop, Refrigerator
  • ResoOtherEquipment: Individual Meter
  • Subdivision Name: Arbour Place
  • ResoBuildingAreaSource: Owner
  • Carport Y N: No
  • Reso Interior Features: 9+ Ft. Ceiling, Gas Stove Con.
  • New Construction: No
  • Reso Patio And Porch Features: Porch
  • Building Stories: 2
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile, Wood
  • Living Area: 1426

Exterior Features

  • Roof: Shingle
  • Acres: 0.1157
  • Pool Private: No
  • Construction Materials: Cement Fiber Siding, Frame
  • Foundation Details: Pillar/Post/Pier

Garage/Parking

  • Open Parking: No
  • Parking Features: Parking Lot
  • Total Parking Spaces: 4

Utilities

  • Cooling: Window Unit(s)
  • Heating: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: East Baton Rouge

Lot Info

  • Lot Size Sq Ft: 5039.892

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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: 2026009211

Greater Baton Rouge Association of REALTORS®

APN: 00500682

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