$350,000
$350,000
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204 E State St ##2 Baton Rouge, LA 70802
1,426 SqFt
Key Details
Sold Price $350,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,426 sqft
Price per Sqft $245
Subdivision Arbour Place
MLS Listing ID 2026009211
Sold Date 05/14/26
Lot Size 5,039 Sqft
Property Sub-Type Duplex
Property Description
Developer's Dream Near LSU – Income Now, Expansion Potential for the Future Unlock the possibilities with this exceptional Baton Rouge investment opportunity featuring two income-producing duplexes plus two additional lots in a rapidly growing corridor just minutes from Louisiana State University. Located at 204-206 E. State Street and 226 A&B State Street, 240 E State Street (lot) and a parcel in between properties, this rare multi-property package offers the perfect blend of immediate cash flow and outstanding redevelopment potential. Fully occupied and generating steady rental income, these well-maintained duplexes showcase timeless architectural charm with desirable features including 9-foot ceilings, hardwood floors, newer roofs, and individually metered utilities for streamlined management and tenant convenience. The prime location near LSU ensures continued rental demand and long-term investment stability. What truly sets this portfolio apart is the incredible opportunity for new construction and multi-unit development. The additional lots create a unique canvas for developers/investors looking to expand, build additional units, increase density, or capitalize on the area's ongoing growth and housing demand. This multi-property package is ideal for investors seeking stable cash flow, proximity to LSU, and long-term appreciation potential in the growing Baton Rouge market. All information is believed to be accurate but not guaranteed and should be independently verified by purchaser. Measurements, occupancy status, zoning, lot dimensions, and investment projections are approximate and subject to buyer verification.
Location
State LA
County East Baton Rouge
Interior
Interior Features 9+ Ft. Ceiling, Gas Stove Con.
Heating Wall Furnace
Cooling Window Unit(s)
Flooring Ceramic Tile, Wood
Equipment Individual Meter
Appliance Gas Cooktop, Refrigerator
Exterior
Garage Spaces 4.0
Roof Type Shingle
Private Pool false
Building
Story 2
Foundation Pillar/Post/Pier
Sewer Public Sewer
Water Public
Schools
Elementary Schools East Baton Rouge
Middle Schools East Baton Rouge
High Schools East Baton Rouge
Others
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition As Is
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