Land for Sale in Baton Rouge, Louisiana

8223-25 Keel Ave Baton Rouge, LA 70820

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$183,000
0.18 acres
Active sale agoEst $1,495/mo

Investment Opportunity: Fully Occupied Duplex in Baton Rouge, LA Unlock steady cash flow with this fully tenant-occupied duplex, offering an impressive 11.62% cap rate. Situated in Flood Zone X, this property presents an ideal opportunity for house hacking, starting a real estate portfolio, or adding to an established one. Both units are currently rented to long-term tenants on month-to-month leases, with Section 8 potential available. Please respect tenant privacy; personal viewings will be scheduled post-contract execution. Rent roll for the previous year and last month's data available upon request. Prime Features: - 11.62% cap rate - Flood Zone X (no mandatory flood insurance) - Ideal for house hacking or portfolio building - Section 8 potential - Long-term tenants, month-to-month leases * Disclaimer: The cap rate provided is based on current financial information and market conditions and is for illustrative purposes only. It is not a guarantee of future performance. Buyers are advised to conduct their own independent analysis and due diligence, including reviewing all financial documents and market conditions, to verify the accuracy of the provided figures. Neither the seller nor the listing agent shall be held liable for any discrepancies or differences in the actual cap rate or property performance post-purchase.

Directions

Nicholson to Gardere, left on Ned, left on Mariner, right on Keel

Location

Street Address
8223-25 Keel Ave
Community
Riverland
School District
East Baton Rouge
Elevation
20 feet

Property details

MLS Number
GBRMLS 2024017144
Date Posted

Expenses

Home Owner Assessments Fee
$877 annually

Legal description

This 0.18-acre property is located at 8223-25 Keel Ave in Baton Rouge, LA 70820. The property is currently available for sale for $183,000 with a price per acre of $1,016,667. Listing data is sourced from Greater Baton Rouge Association of Realtors # 2024017144.

Verify sale details at the property source or contact Keller Williams Realty Premier Partners at (225) 664-1911.

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Copyright (C) 2024 Greater Baton Rouge Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Updated . Checked 1 hour ago. Parcel data by Regrid.

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