Investment Property near LSU with Huge Rent Income Potential and Opportunity for Serious Appreciation! Lee & Associates is pleased to present this rare opportunity to acquire a 5-unit multifamily property on a large lot that is so close to LSU. Four apartments measure approximately 614 sqft with the fifth measuring about 766 sqft, and the property also includes a 20x25' metal building in the back, which is currently leased as a studio/workspace. All of the units have hardwood floors and tons of natural light, and each unit is separately metered for electricity, gas and water. With some cleanup, the property boasts enormous potential for rental income (market rents for similar units in the area average $800+/month), making it an excellent opportunity for investors seeking solid returns. Additionally, with development projects being considered nearby, including the ongoing $40+ million project to rehabilitate the LSU Lakes, the prospect for appreciation is significant, making this property even more attractive as a long term investment. This property represents an excellent opportunity to secure a prime location with a tremendous outlook for growth.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
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Lot depth
—
Lot size
7,329 Sq. Ft.
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Single Family Residential
County
East Baton Rouge Parish
APN
008-1977-8
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
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Last updated by owner on Aug 7, 2026.
A4
OLD TOWN REDEVELOPMENT
General Residential District
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.
Zone overlays
Old Town Redevelopment Overlay District
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
Property details
Parking
Parking/Garage Information
# of Parking Spaces Total: 5
Interior
Heating & Cooling
Has Cooling
Cooling: Window Unit(s)
Has Heating
Heating: Floor Furnace, Wall Furnace
Interior Features
Appliances: Gas Cooktop
Exterior
Building Information
Construction Materials: Wood Siding, Frame
Property Information
Property Type: Residential Income
Property Sub Type: Multi Family
Raw Mls Property Sub Type: Apt Complex (5+ Units)
Lot Information
Lot Size Dimensions: 50 x 178.3 x 34.5 x 200.8
Lot Size Area: 7,405.2
Lot Size Acres: 0.17
Utilities
Utility Information
Water Source: Public
Sewer: Public Sewer
Location
Schools Information
Elementary School District: East Baton Rouge
Middle Or Junior School District: East Baton Rouge
High School District: East Baton Rouge
Location Information
Subdivision Name: Louisiana Terrace
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 7,329 square feet
Style: Single Family Residential
Year Built: —
Year Renovated: —
County: East Baton Rouge Parish
APN: 008-1977-8
Home facts updated by county records on Aug 7, 2026
Around this home
Schools
University Terrace Elementary School
Public 4-5 • Assigned • 0.6mi
Glasgow Middle School
Public 6-8 • Assigned • 2.0mi
6/10
Mckinley Senior High School
Public 9-12 • Assigned • 0.3mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Baton Rouge, LA • 70802
Average low and high temperatures (°F)
60
43
71
52
77
58
81
65
84
69
91
76
92
77
92
76
89
74
84
65
75
58
66
50
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.4 hours in
June and 5 hours in December, which is comparable to the
U.S. average for solar exposure.
9.4 hrs
5 hrs
JuneDecember
Provided by Shadowmap
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