Attention Investors! Cash flowing fourplex brining in $2,550 in monthly income. Fully occupied with leases. 4 refrigerators and 4 stoves to remain with property. Property is professionally managed. New leases on all units 100% occupied. Owner pays water/ sewer. Please do not disturb tenants.
Multi-familyProperty Type
8,276 sq ftLot Size
$71Est. Price/Sq.Ft.
8 spacesParking
Listed by • eXp Realty
Bought with Juli Jenkins• Keller Williams Realty-First Choice
Four unit apartment building for sale. Each apartment is a flat 2 bedroom 2 bath. 100% occupied at $550 per apartment. Owner pays water & Sewer. Contact agent for additional details.
AcadianaMLS #BR2015001715
Jan 9, 2015
Listed
$110,000
$28/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,264 (−0.4%)
$1,100 + $17,030
$18,130
2024
$2,273 (−1.0%)
$1,100 + $17,030
$18,130
2023
$2,297 (+3.0%)
$1,100 + $17,030
$18,130
2022
$2,230 (+1.8%)
$1,100 + $17,030
$18,130
2021
$2,190 (+0.9%)
$1,100 + $17,030
$18,130
2020
$2,170 (+22.7%)
$1,100 + $17,030
$18,130
2019
$1,768 (+35.4%)
$1,000 + $12,970
$13,970
2018
$1,306
$1,000 + $9,150
$10,150
2017
$1,306 (+2.4%)
$1,000 + $9,150
$10,150
2016
$1,275 (+40.6%)
$1,000 + $9,150
$10,150
2014
$907
$1,000 + $6,050
$7,050
2013
$908
$1,000 + $6,050
$7,050
Tax history for 8351 Ned Ave
Year
Property tax
Land + Additions
Assessment*
2025
$2,264 (−0.4%)
$1,100 + $17,030
$18,130
2024
$2,273 (−1.0%)
$1,100 + $17,030
$18,130
2023
$2,297 (+3.0%)
$1,100 + $17,030
$18,130
2022
$2,230 (+1.8%)
$1,100 + $17,030
$18,130
2021
$2,190 (+0.9%)
$1,100 + $17,030
$18,130
2020
$2,170 (+22.7%)
$1,100 + $17,030
$18,130
2019
$1,768 (+35.4%)
$1,000 + $12,970
$13,970
2018
$1,306
$1,000 + $9,150
$10,150
2017
$1,306 (+2.4%)
$1,000 + $9,150
$10,150
2016
$1,275 (+40.6%)
$1,000 + $9,150
$10,150
2014
$907
$1,000 + $6,050
$7,050
2013
$908
$1,000 + $6,050
$7,050
*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
8
Baths
8
Stories
2
Lot width
—
Lot depth
—
Lot size
8,276
Year renovated
—
Sq. Ft.
3,880
Year built
1981
Style
Multi-Family (2-4 Unit)
County
East Baton Rouge Parish
APN
035-8809-2
Parking Spaces
8
Basement
No
Accessible
No
HOA Dues
—
Garage
No
Features
—
Last updated by owner on Aug 26, 2019.
R
Rural District
The purpose of R is to permit agricultural uses and low-density residential development. If an area is designated Agricultural/Rural on the Comprehensive Plan and is zoned R, all lots in a development shall be a minimum of one acre, If the area is designated as any other use on the Future Land Use Map, the maximum allowed shall be 4.1 single-family units per acre. Accessory uses normally compatible with surrounding low-density residential development may be permitted.
Permitted uses
Include but are not limited to:
Agriculture
Housing-Single unit
Infrastructure
Public service
Park & open space
Property details
Parking
Parking/Garage Information
# of Parking Spaces Total: 8
Interior
Heating & Cooling
Has Cooling
Cooling: Central Air
Has Heating
Heating: Central
Interior Features
Appliances: Electric Cooktop
Flooring: Tile, Ceramic Tile, Vinyl
Exterior
Exterior Features
Roof: Shingle
Building Information
# of Stories Total: 2
Construction Materials: Vinyl Siding, Block, Brick
Foundation Details: Slab
Property Information
Property Type: Residential Income
Property Sub Type: Quadruplex
Raw Mls Property Sub Type: Quadruplex
Lot Information
Lot Size Dimensions: 60 x 140
Lot Size Area: 8,276.4
Lot Size Acres: 0.19
Utilities
Utility Information
Water Source: Public
Utilities: Cable Connected
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
Directions: Take I-10 west to Seigen Lane exit take seigen for appx 11 miles to Burbank Dr. Take a Left on gardere Ln then right on Ned Ave. fourplex is on right.
Subdivision Name: Sable Chase
Public facts
Beds: 8
Baths: 8.0
Sq. Ft.: 3,880
Stories: —
Parking Spaces: 8
Basement: No
Accessible: No
Lot Size: 8,276 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1981
Year Renovated: —
County: East Baton Rouge Parish
APN: 035-8809-2
HOA Dues: —
Garage: No
Features: —
Home facts updated by owner on Aug 26, 2019
Around this home
Schools
Magnolia Woods Elementary School
Public PreK-5 • Assigned • 2.0mi
7/10
Glasgow Middle School
Public 6-8 • Assigned • 3.8mi
6/10
Mckinley Senior High School
Public 9-12 • Assigned • 5.4mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
3/10 Flood Factor
Estimated 10-14% chance 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 • 70820
Average low and high temperatures (°F)
60
42
71
51
77
57
81
64
84
69
90
76
92
77
92
76
89
73
83
64
75
57
67
49
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.3 hours in
June and 5 hours in December, which is comparable to the
U.S. average for solar exposure.
9.3 hrs
5 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$261,000 – $316,000
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