Turnkey investment opportunity with built-in income potential! This fully renovated 2-bedroom, 1-bath home at 2371 E. Smiley Street is ready to go from day one--no updates, no delays, just immediate rental income. Recent upgrades include new electrical, plumbing, windows, and a roof less than 2 years old, giving investors peace of mind and low maintenance costs. Inside, you'll find a clean, modern layout designed for functionality and long-term tenant appeal. To help you visualize the possibilities, several photos have been virtually staged--showcasing how this space can be furnished and maximized for comfort and style. For investors, this property presents strong income potential, with estimated rental rates ranging from $900-$1,100 per month, creating the opportunity for approximately $300-$500 in monthly cash flow depending on financing terms. Even better, the seller is offering seller financing, opening the door for investors looking to leverage flexible purchasing options. Situated in a convenient Baton Rouge location near Mid City, Downtown, and major roadways, this property combines affordability, updates, and income potential in one smart package. Opportunities like this don't last--schedule your showing and explore the potential today!
Single-familyProperty Type
1975Year Built
7,405 sq ftLot Size
$86Price/Sq.Ft.
Listed by Joanna Arnold• Keller Williams Realty Red Stick Partners
Smiley Heights-Melrose East, located between Florida Boulevard and North Boulevard, is a historic and residential Baton Rouge neighborhood with mid-century ranch homes and mature tree canopies. The neighborhood’s character concentrates around the Government Street corridor near the Mid City Beer Garden, where patios, murals, and small storefronts set an after-hours hum. Architectural lines shift from tidy brick cottages to low-slung postwar houses on generous lots. Local staples such as Mid City Beer Garden, Rocca Pizzeria, and Baton Rouge Gallery anchor the area’s creative, food-forward rhythm. Side streets feel quieter, with pocket greens and front-porch streetscapes. Its central geography keeps daily errands oriented toward the Government Street spine.
Provided by Walk Score and Local Logic
Market insights
2371 E Smiley Ave · $63,000
DAYS ON MARKET
271 days
The average home goes pending in 55 days.
SALE-TO-LIST
97.1%
Most homes are selling 3% below list price.
LIST PRICE
$63,000
Median sale price in this area is $287,902. (357% higher than this home)
PRICE DROP
2 price drops
22% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Living room
Kitchen
Multiple bedrooms and bathrooms
Bedrooms
Up to 8 bedrooms
Bathrooms
1 full bathroom
Kitchen
Kitchen included
Heating & cooling
Wall furnace heating
Wall-mounted cooling units
Home design
Single family residence
Electricity and solar
View estimated energy costs and solar savings for this home
Turnkey investment opportunity with built-in income potential! This fully renovated 2-bedroom, 1-bath home at 2371 E. Smiley Street is ready to go from day one—no updates, no delays, just immediate rental income. Recent upgrades include new electrical, plumbing, windows, and a roof less than 2 years old, giving investors peace of mind and low maintenance costs. Inside, you’ll find a clean, modern layout designed for functionality and long-term tenant appeal. To help you visualize the possibilities, several photos have been virtually staged—showcasing how this space can be furnished and maximized for comfort and style. For investors, this property presents strong income potential, with estimated rental rates ranging from $900–$1,100 per month, creating the opportunity for approximately $300–$500 in monthly cash flow depending on financing terms. Even better, the seller is offering seller financing, opening the door for investors looking to leverage flexible purchasing options. Situated in a convenient Baton Rouge location near Mid City, Downtown, and major roadways, this property combines affordability, updates, and income potential in one smart package. Opportunities like this don’t last—schedule your showing and explore the potential today!
AcadianaMLS #BR2025019064
Jul 14, 2026
Pending
—
Jul 6, 2026
Relisted
—
Jul 5, 2026
Pending
—
Jun 24, 2026
Price Changed
$63,000
$86/sq ft
Apr 20, 2026
Price Changed
$65,000
$89/sq ft
Feb 16, 2026
Price Changed
$68,000
$93/sq ft
Nov 28, 2025
Price Changed
$70,000
$95/sq ft
Oct 15, 2025
Listed
$75,000
$102/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$159 (+4.7%)
$67 + $1,232
$1,299
2024
$152 (+10.1%)
$67 + $1,232
$1,299
2023
$138 (−0.2%)
$60 + $1,100
$1,160
2022
$139 (+2.3%)
$60 + $1,100
$1,160
2021
$135 (+0.7%)
$60 + $1,100
$1,160
2020
$134 (+5.7%)
$60 + $1,100
$1,160
2019
$127 (+1.2%)
$50 + $1,000
$1,050
2018
$126
$50 + $1,000
$1,050
2017
$126 (+2.9%)
$50 + $1,000
$1,050
2016
$122 (+5.2%)
$50 + $1,000
$1,050
2014
$116 (−0.3%)
$50 + $950
$1,000
2013
$116
$50 + $950
$1,000
Public record
Public record
Zoning
Permits
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
7,206 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Single Family Residential
County
East Baton Rouge Parish
APN
005-3039-5
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 20, 2026.
A3.1
Limited Residential District
The purpose of A3.1 is to permit medium density multi-family residential development and institutional uses of a residential character with a maximum of 11.5 units per acre.
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
Aug 10, 2023 • Active
Residential renovation
Perform renovations to an existing single-family home.
Electrical
Plumbing
Remodel
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, 20 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, 4 days in 30 years
Provided by First Street
Historical weather
Baton Rouge, LA • 70806
Average low and high temperatures (°F)
61
42
72
51
78
57
83
64
85
69
92
75
92
77
92
76
90
73
84
64
76
57
67
49
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
97/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 19% for direct sun exposure in Baton Rouge. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.8 hrs
6.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 2371 E Smiley Ave
We cannot show automated home-value estimates for this home.
Nearby homes have recently listed between $44,000 and $64,900.
Nearby comparable homes
The Redfin Estimate uses 4 recent nearby sales, priced between $44K to $65K.