$775,000
$80K PRICE DROP

5071 Baker Blvd Baker, LA 70714

Estimated payment $4,912/month

Total Views 982
-- Bed
-- Bath
8,800 Sq Ft
$88 Price per Sq Ft

About This Home

Renovated 12 unit multifamily (3 buildings, 4 units each) with a mix of 3 bedroom and 2 bedroom units.The property includes an on-site, income-producing laundromat with 8 machines generating an average of several hundred dollars per month. Utilities are individually metered, so tenants pay their own. The downstairs units were fully gutted and rebuilt with new doors, sheetrock, cabinets, and more. Major systems have been improved, including central HVAC systems installed within approximately the last 5 years, newer water heaters, and updated electrical panels, meter pans, and wiring in most units. Current ownership has maintained conservative tenant-qualification standards and has not been proactive with leasing, creating a clear opportunity for a new owner to improve occupancy and increase cash flow.

Listing Agent

Justen Rider

Cornerstone Management Group LLC License #0912124108 Listed on: 02/13/2026

Property Details

Home Type

  • Multi-Family

Lot Details

  • 25,700 Sq Ft Lot

Parking

  • 24 Parking Spaces

Home Design

  • 8,800 Sq Ft Home
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction

Utilities

  • Central Heating and Cooling System
  • Multiple Heating Units
  • Separate Meters

Community Details

  • 12 Units
  • Gross Income $123,600

Listing and Financial Details

  • Tax Lot 14, 21, 22

Property Details

Home Type

Multi-Family

Lot Details

0.59 Acres

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.59
  • Lot Size: 84 x 167, 80 x 144, 77 x 145
  • List_136: 91.147118
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Other Equipment: Individual Meter

Exterior Features

  • Construction Type: Brick, Frame, Other
  • Foundation Details: Slab

Garage/Parking

  • Total Parking Spaces: 24

Utilities

  • Cooling: Central Air, AC Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Heat Unit(s)
  • Heating Yn: Yes

Schools

  • Junior High Dist: City of Baker

Lot Info

  • Lot Size Sq Ft: 25700.4

Multi Family

  • Number Of Units Total: 12
  • Annual Gross Income: 123600

Tax Info

  • Tax Lot: 14, 21, 22

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
03/31/2026 03/31/26 Price Changed $775,000 -9.4% $88 / Sq Ft
02/13/2026 02/13/26 For Sale $855,000 -- $97 / Sq Ft
Source: Greater Baton Rouge Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Sheriffs Deed $52,100 None Available
Warranty Deed $2,100,000 --
Source: Public Records

Source: Greater Baton Rouge Association of REALTORS®

MLS Number: BR2026002777

APN: 00728144

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