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
$68Est. 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
Permits
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
Apr 4, 2024 • Final
Residential
Replace damaged main breakers and the bus where the breaker attaches to the meter center.
Electrical
Mar 10, 2023 • Final
Commercial
Replace the bus bar for the main breaker in the electrical panel.
Electrical
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.
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
90
72
82
65
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
$252,000 – $305,000
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