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.
Listed By
Agency Name: Bridgewater Realty Advisors
Shown By
Agent Name: Richard McLellan
Agent Phone: (225) 229-0235
Agency Title: Burns & Co., Inc. REALTORS®
Estimated Payment
$ 881.03 per month $778.95 Principal & Interest $0.00 Property Tax (data not provided by mls) $102.08 Homeowner's Insurance
204 E State St, Unit #2 | MLS# 2026009211
This multi-family property located at 204 E State St, Unit #2, Baton Rouge, LA 70802 is currently listed for sale with an asking price of $350,000. E State St, Unit #2 is located within the East Baton Rouge school district. Search Baton Rouge real estate on rmclellan.burnsandco.com today.