Great investment property with lots of potential and possibilities. Live in one side and rent out the other side or rent out both sides. Currently, 1 tenant occupied which offers the opportunity for instant cash flow. 12386 is vacant with the opportunity to remodel and 12388 is being rented for $875. No showings without an accepted offer. Please do not disturb tenants. Call agent with any questions. Property to be sold as-is
Multi-familyProperty Type
1966Year Built
7,200 sq ftLot Size
$171Price/Sq.Ft.
4 spacesParking
Listed by Marcia B. Plummer• Keller Williams Realty-First Choice
North Sherwood Forest, located between Florida Boulevard and Sherwood Forest Boulevard, is a residential and commuter Baton Rouge neighborhood with curving, tree-lined streets and mid-century ranch homes. The neighborhood’s energy concentrates around the Florida Blvd & Sherwood Forest Blvd crossroads, where auto shops, local eateries, and everyday retail set a steady, practical rhythm. Nearby pillars include Baton Rouge Gallery—Center for Contemporary Art, the Manship Theatre, and the Baton Rouge Zoo for culture and weekend outings. Brick facades, deep setbacks, and mature oaks shape a calm streetscape. Green space and recreation cluster at nearby parks and the BREC system. Major arterials frame the edges, keeping errands and campus-bound routes straightforward.
Provided by Walk Score and Local Logic
Market insights
12386 Cate Ave Ave · $174,900
DAYS ON MARKET
1 days
The average home goes pending in 48 days.
SALE-TO-LIST
97.4%
Most homes are selling 3% below list price.
LIST PRICE
$174,900
Median sale price in this area is $279,422. (60% higher than this home)
PRICE DROP
0 price drops
29% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Interior features
Pantry
Shower/tub combination
Bedrooms
Unit 1: 3 bedrooms
Unit 2: 2 bedrooms
Bathrooms
Unit 1: 2 full bathrooms
Unit 2: 1 full bathroom
Laundry & utility
Interior laundry
Flooring
Ceramic tile
Heating & cooling
Central heating
Central air conditioning
Exterior features
Common area
City street frontage
Home design
Duplex
Traditional style
Parking
Accessible concrete driveway
No covered parking
Construction
Slab foundation
Asphalt shingle roof
Utilities
Public water
Public sewer
Electricity available
Circuit breakers
Financial info
Two units
Cap rate: 8.65%
Unit 1 is vacant and offers potential for improvements.
Unit 2 is occupied by a long-term tenant and rents for $850.
Tenants pay all utilities.
Owner pays for repairs, roof maintenance, and taxes.
Electricity and solar
View estimated energy costs and solar savings for this home
The purpose of A4 is to permit high density multi-family developments with a maximum of 43.6 units per acre and must be located within an Urban/Walkable Character Area or in Regional and Employment Centers.
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Student
Infrastructure
Public service
Park & open space
Dec 19, 2019 • Final
Residential
Perform a gas test on a residential building.
Gas
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
8/10 Heat Factor
7 days above 108° expected this year, 21 days in 30 years
9/10 Wind Factor
99% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Baton Rouge, LA • 70815
Average low and high temperatures (°F)
62
41
72
50
78
56
83
63
85
68
91
75
93
76
93
75
91
70
84
62
76
56
68
47
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
88/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.3 hrs
7.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 12386 Cate Ave Ave
$175,062
$162 over list price of $175K
Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $160K to $180K.