678 Gloria Dr · Baton Rouge, LA 70819

$929,900

None bd · None ba · 11,914 sqft · MultiFamily · 202 Days on market

Good condition 0.61 ac lot $78/sqft · at area comps Est $976k · at est. ↓ 18% since listing

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Why this score? — see what drove the C grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +23.6/30.0
• ARV discount +9.6/15.0
• DSCR +7.6/10.0
• 1% rule +6.1/10.0
• Condition / age +4.0/5.0
• Livability +3.7/5.0
• Rent growth +2.5/5.0
• Schools +2.4/10.0
• Appreciation +0.0/10.0

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 5 units. estimate disagrees with records

Listing remarks MLS

ANOTHER PRICE IMPROVEMENT! This listing is for 678 AND 710 Gloria Dr, being sold together; owner will not separate. Prime Investment Opportunity - Two Fully-Leased Townhome-Style Buildings. Located on Gloria Drive on the edge of a lovely residential neighborhood, this property features two identical 5-unit townhome-style apartment buildings offering strong, reliable income and minimal turnover. With 10 total units, the complex is currently at 100% occupancy with consistent tenants and up-to-date rent collection. Rent has been increased minimally with each lease renewal, so there is clear potential to raise rates $100-$150 per unit based on current market conditions. Tenants pay all utilities, including water, sewer, and trash, keeping operating expenses efficient. Internet is tenant's choice, and each unit has individual washer/dryer hookups, walk-in bedroom closets, and owner-provided refrigerators.Property highlights include:Townhome-style layouts with private entrances. Each unit is identical in layout, with two bedrooms and two full bathrooms. One bedroom has an ensuite bath, and hall bath also opens into the additional bedroom. There are 20 parking spaces + 2 handicap spaces. Architectural shingle roofs approx. 7 years old. 6 exterior + 4 interior HVAC units replaced within last 5 years. Smoke and CO2 detectors in all units. No pets allowed. Each unit has its own trash can (no dumpster). Utility Providers: Entergy (electric) and Baton Rouge Water (water/sewer/trash).

Key facts

• Private entrances
• 0.61 acre lot
• 22 parking spots

Tags

• 100 PERCENT OCCUPANCY
• WALK IN BEDROOM CLOSETS
• OWNER PROVIDED REFRIGERATORS
• PRIVATE ENTRANCES
• ARCHITECTURAL SHINGLE ROOFS
• EXTERIOR HVAC UNITS REPLACED

What this means for you Summary

Snapshot

• This is a 5 × 2-bed/?-bath units multifamily listed at $930k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $2k ($21k/yr) — positive. Per door: $349/mo.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($10k rent vs $930k).
• Recommended offer: $818k (12.0% below list) — sets the bar for market timing.
• Cap rate 8.5% vs local median 4.2% in Baton Rouge — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 74/100 on livability (#24 in LA, #4,535 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, health & safety A+; Watch: amenities D, crime F, employment D-.
• East Baton Rouge Parish (urban): math 22% / reading 34% proficiency, ranked #47 of 98 in LA (top 48%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 77% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Riveroaks Elementary School (math 13% / reading 23%, grade F, #472 of 646 statewide, top 74%, 591 students, 72% FRL); Southeast Middle School (math 7% / reading 18%, grade F, #191 of 218 statewide, top 88%, 994 students, 77% FRL); Liberty High School (math 50% / reading 74%, grade B-, #15 of 265 statewide, top 6%, 1,208 students, 60% FRL).
• Market conditions: 34 active listings in the ZIP; 2,252 units permitted in East Baton Rouge Parish in 2024 (440 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $6k of loan paydown is wiped out by about $28k of value loss. Plan a longer hold.
• East Baton Rouge County population projected at +4% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 202 days — a 12% lower offer ($818k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $199k (18%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $818,312 (12.0% below list)

Questions for the listing agent

1. It's been on market 202 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
3. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.11% ✓
• Cap rate: 8.55%
• Cash-on-cash: 8.04%
• DSCR: 1.36
• GRM: 7.5

CMA / ARV

• ARV (median comp): $975,961
• List price: $929,900
• Delta: -4.72%
• Verdict: FAIR
• Comps: 1 within 2.0 mi

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -4.0%
• Equity multiple: 0.85×
• Total profit: $-39,360
• Equity at exit: $138,651

10-year hold

• IRR: 5.7%
• Equity multiple: 1.42×
• Total profit: $109,506
• Equity at exit: $80,401

Cash invested: $260,372 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 90 Strongly Landlord-Friendly
• State Louisiana: 90 Strongly Landlord-Friendly · R+12
• County: — inherits STATE
• City: — inherits STATE

5-day notice; no state rent control; civil-law jurisdiction; landlord-favorable.

Methodology + full state rankings →

ZIP-level market 70819

• Home prices YoY: -22.5%
• Active inventory: 34
• Price-to-rent: 37.5×

Monthly cashflow live

• Estimated rent: $10,344 high
• Mortgage (P&I): −$4,876
• Tax est. 1.5%: −$1,162 /mo · $13,948/yr
• Insurance: −$387
• HOA: −$0
• Vacancy / Maint / Mgmt: −$2,172
• Net cashflow: $1,745

Break-even live

Break-even rent $8,135

Max offer price $929,900

Occupancy floor 78%

Sensitivity live

Price	-10% $2,388	-5% $2,067	+0% $1,745	+5% $1,424	+10% $1,103
Rent	-10% $928	-5% $1,337	+0% $1,745	+5% $2,154	+10% $2,563
Rate	-1.0pp $2,214	-0.5pp $1,982	base $1,745	+0.5pp $1,504	+1.0pp $1,259

5-unit breakdown (identical units grouped — click to expand)

Units	Beds	Baths	Est. rent
▸ 5× units	2	—	$10,345
Total (5 units)			$10,344

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $232,475
• Closing costs: $27,897
• Reserves months: —
• Total cash needed: —

Listing history 26 events

1. 2026-06-22
   days on market $929,900 Active 202 DOM
2. 2026-06-18
   days on market $929,900 Active 199 DOM
3. 2026-06-17
   days on market $929,900 Active 198 DOM
4. 2026-06-16
   days on market $929,900 Active 197 DOM
5. 2026-06-15
   days on market $929,900 Active 196 DOM
6. 2026-06-14
   days on market $929,900 Active 194 DOM
7. 2026-06-10
   days on market $929,900 Active 191 DOM
8. 2026-06-09
   days on market $929,900 Active 190 DOM
9. 2026-06-08
   days on market $929,900 Active 189 DOM
10. 2026-06-07
    days on market $929,900 Active 188 DOM
11. 2026-06-05
    days on market $929,900 Active 185 DOM
12. 2026-06-03
    days on market $929,900 Active 184 DOM
13. 2026-06-02
    days on market $929,900 Active 183 DOM
14. 2026-06-01
    days on market $929,900 Active 182 DOM
15. 2026-05-31
    days on market $929,900 Active 181 DOM
16. 2026-05-31
    days on market $929,900 Active 180 DOM
17. 2026-04-30
    price $929,900 1496-char remark

    Show marketing remark (1521 chars)

    ANOTHER PRICE IMPROVEMENT! This listing is for 678 AND 710 Gloria Dr, being sold together; owner will not separate. Prime Investment Opportunity - Two Fully-Leased Townhome-Style Buildings. Located on Gloria Drive on the edge of a lovely residential neighborhood, this property features two identical 5-unit townhome-style apartment buildings offering strong, reliable income and minimal turnover. With 10 total units, the complex is currently at 100% occupancy with consistent tenants and up-to-date rent collection. Rent has been increased minimally with each lease renewal, so there is clear potential to raise rates $100–$150 per unit based on current market conditions. Tenants pay all utilities, including water, sewer, and trash, keeping operating expenses efficient. Internet is tenant’s choice, and each unit has individual washer/dryer hookups, walk-in bedroom closets, and owner-provided refrigerators. Property highlights include:Townhome-style layouts with private entrances. Each unit is identical in layout, with two bedrooms and two full bathrooms. One bedroom has an ensuite bath, and hall bath also opens into the additional bedroom.   There are 20 parking spaces + 2 handicap spaces. Architectural shingle roofs approx. 7 years old. 6 exterior + 4 interior HVAC units replaced within last 5 years. Smoke and CO2 detectors in all units. No pets allowed. Each unit has its own trash can (no dumpster). Utility Providers: Entergy (electric) and Baton Rouge Water (water/sewer/trash).

18. 2026-04-30
    price $929,900 1521-char remark

    Show marketing remark (1521 chars)

    ANOTHER PRICE IMPROVEMENT! This listing is for 678 AND 710 Gloria Dr, being sold together; owner will not separate. Prime Investment Opportunity - Two Fully-Leased Townhome-Style Buildings. Located on Gloria Drive on the edge of a lovely residential neighborhood, this property features two identical 5-unit townhome-style apartment buildings offering strong, reliable income and minimal turnover. With 10 total units, the complex is currently at 100% occupancy with consistent tenants and up-to-date rent collection. Rent has been increased minimally with each lease renewal, so there is clear potential to raise rates $100–$150 per unit based on current market conditions. Tenants pay all utilities, including water, sewer, and trash, keeping operating expenses efficient. Internet is tenant’s choice, and each unit has individual washer/dryer hookups, walk-in bedroom closets, and owner-provided refrigerators. Property highlights include:Townhome-style layouts with private entrances. Each unit is identical in layout, with two bedrooms and two full bathrooms. One bedroom has an ensuite bath, and hall bath also opens into the additional bedroom.   There are 20 parking spaces + 2 handicap spaces. Architectural shingle roofs approx. 7 years old. 6 exterior + 4 interior HVAC units replaced within last 5 years. Smoke and CO2 detectors in all units. No pets allowed. Each unit has its own trash can (no dumpster). Utility Providers: Entergy (electric) and Baton Rouge Water (water/sewer/trash).

19. 2026-03-24
    price $949,900 1496-char remark

    Show marketing remark (1521 chars)

    ANOTHER PRICE IMPROVEMENT! This listing is for 678 AND 710 Gloria Dr, being sold together; owner will not separate. Prime Investment Opportunity - Two Fully-Leased Townhome-Style Buildings. Located on Gloria Drive on the edge of a lovely residential neighborhood, this property features two identical 5-unit townhome-style apartment buildings offering strong, reliable income and minimal turnover. With 10 total units, the complex is currently at 100% occupancy with consistent tenants and up-to-date rent collection. Rent has been increased minimally with each lease renewal, so there is clear potential to raise rates $100–$150 per unit based on current market conditions. Tenants pay all utilities, including water, sewer, and trash, keeping operating expenses efficient. Internet is tenant’s choice, and each unit has individual washer/dryer hookups, walk-in bedroom closets, and owner-provided refrigerators. Property highlights include:Townhome-style layouts with private entrances. Each unit is identical in layout, with two bedrooms and two full bathrooms. One bedroom has an ensuite bath, and hall bath also opens into the additional bedroom.   There are 20 parking spaces + 2 handicap spaces. Architectural shingle roofs approx. 7 years old. 6 exterior + 4 interior HVAC units replaced within last 5 years. Smoke and CO2 detectors in all units. No pets allowed. Each unit has its own trash can (no dumpster). Utility Providers: Entergy (electric) and Baton Rouge Water (water/sewer/trash).

20. 2026-03-24
    price $949,900 1521-char remark

    Show marketing remark (1521 chars)

    ANOTHER PRICE IMPROVEMENT! This listing is for 678 AND 710 Gloria Dr, being sold together; owner will not separate. Prime Investment Opportunity - Two Fully-Leased Townhome-Style Buildings. Located on Gloria Drive on the edge of a lovely residential neighborhood, this property features two identical 5-unit townhome-style apartment buildings offering strong, reliable income and minimal turnover. With 10 total units, the complex is currently at 100% occupancy with consistent tenants and up-to-date rent collection. Rent has been increased minimally with each lease renewal, so there is clear potential to raise rates $100–$150 per unit based on current market conditions. Tenants pay all utilities, including water, sewer, and trash, keeping operating expenses efficient. Internet is tenant’s choice, and each unit has individual washer/dryer hookups, walk-in bedroom closets, and owner-provided refrigerators. Property highlights include:Townhome-style layouts with private entrances. Each unit is identical in layout, with two bedrooms and two full bathrooms. One bedroom has an ensuite bath, and hall bath also opens into the additional bedroom.   There are 20 parking spaces + 2 handicap spaces. Architectural shingle roofs approx. 7 years old. 6 exterior + 4 interior HVAC units replaced within last 5 years. Smoke and CO2 detectors in all units. No pets allowed. Each unit has its own trash can (no dumpster). Utility Providers: Entergy (electric) and Baton Rouge Water (water/sewer/trash).

21. 2026-02-15
    price $970,000 1496-char remark

    Show marketing remark (1521 chars)

    ANOTHER PRICE IMPROVEMENT! This listing is for 678 AND 710 Gloria Dr, being sold together; owner will not separate. Prime Investment Opportunity - Two Fully-Leased Townhome-Style Buildings. Located on Gloria Drive on the edge of a lovely residential neighborhood, this property features two identical 5-unit townhome-style apartment buildings offering strong, reliable income and minimal turnover. With 10 total units, the complex is currently at 100% occupancy with consistent tenants and up-to-date rent collection. Rent has been increased minimally with each lease renewal, so there is clear potential to raise rates $100–$150 per unit based on current market conditions. Tenants pay all utilities, including water, sewer, and trash, keeping operating expenses efficient. Internet is tenant’s choice, and each unit has individual washer/dryer hookups, walk-in bedroom closets, and owner-provided refrigerators. Property highlights include:Townhome-style layouts with private entrances. Each unit is identical in layout, with two bedrooms and two full bathrooms. One bedroom has an ensuite bath, and hall bath also opens into the additional bedroom.   There are 20 parking spaces + 2 handicap spaces. Architectural shingle roofs approx. 7 years old. 6 exterior + 4 interior HVAC units replaced within last 5 years. Smoke and CO2 detectors in all units. No pets allowed. Each unit has its own trash can (no dumpster). Utility Providers: Entergy (electric) and Baton Rouge Water (water/sewer/trash).

22. 2026-02-15
    price $970,000 1521-char remark

    Show marketing remark (1521 chars)

    ANOTHER PRICE IMPROVEMENT! This listing is for 678 AND 710 Gloria Dr, being sold together; owner will not separate. Prime Investment Opportunity - Two Fully-Leased Townhome-Style Buildings. Located on Gloria Drive on the edge of a lovely residential neighborhood, this property features two identical 5-unit townhome-style apartment buildings offering strong, reliable income and minimal turnover. With 10 total units, the complex is currently at 100% occupancy with consistent tenants and up-to-date rent collection. Rent has been increased minimally with each lease renewal, so there is clear potential to raise rates $100–$150 per unit based on current market conditions. Tenants pay all utilities, including water, sewer, and trash, keeping operating expenses efficient. Internet is tenant’s choice, and each unit has individual washer/dryer hookups, walk-in bedroom closets, and owner-provided refrigerators. Property highlights include:Townhome-style layouts with private entrances. Each unit is identical in layout, with two bedrooms and two full bathrooms. One bedroom has an ensuite bath, and hall bath also opens into the additional bedroom.   There are 20 parking spaces + 2 handicap spaces. Architectural shingle roofs approx. 7 years old. 6 exterior + 4 interior HVAC units replaced within last 5 years. Smoke and CO2 detectors in all units. No pets allowed. Each unit has its own trash can (no dumpster). Utility Providers: Entergy (electric) and Baton Rouge Water (water/sewer/trash).

23. 2026-01-21
    price $1,039,999 1496-char remark

    Show marketing remark (1521 chars)

    ANOTHER PRICE IMPROVEMENT! This listing is for 678 AND 710 Gloria Dr, being sold together; owner will not separate. Prime Investment Opportunity - Two Fully-Leased Townhome-Style Buildings. Located on Gloria Drive on the edge of a lovely residential neighborhood, this property features two identical 5-unit townhome-style apartment buildings offering strong, reliable income and minimal turnover. With 10 total units, the complex is currently at 100% occupancy with consistent tenants and up-to-date rent collection. Rent has been increased minimally with each lease renewal, so there is clear potential to raise rates $100–$150 per unit based on current market conditions. Tenants pay all utilities, including water, sewer, and trash, keeping operating expenses efficient. Internet is tenant’s choice, and each unit has individual washer/dryer hookups, walk-in bedroom closets, and owner-provided refrigerators. Property highlights include:Townhome-style layouts with private entrances. Each unit is identical in layout, with two bedrooms and two full bathrooms. One bedroom has an ensuite bath, and hall bath also opens into the additional bedroom.   There are 20 parking spaces + 2 handicap spaces. Architectural shingle roofs approx. 7 years old. 6 exterior + 4 interior HVAC units replaced within last 5 years. Smoke and CO2 detectors in all units. No pets allowed. Each unit has its own trash can (no dumpster). Utility Providers: Entergy (electric) and Baton Rouge Water (water/sewer/trash).

24. 2026-01-21
    price $1,039,999 1521-char remark

    Show marketing remark (1521 chars)

    ANOTHER PRICE IMPROVEMENT! This listing is for 678 AND 710 Gloria Dr, being sold together; owner will not separate. Prime Investment Opportunity - Two Fully-Leased Townhome-Style Buildings. Located on Gloria Drive on the edge of a lovely residential neighborhood, this property features two identical 5-unit townhome-style apartment buildings offering strong, reliable income and minimal turnover. With 10 total units, the complex is currently at 100% occupancy with consistent tenants and up-to-date rent collection. Rent has been increased minimally with each lease renewal, so there is clear potential to raise rates $100–$150 per unit based on current market conditions. Tenants pay all utilities, including water, sewer, and trash, keeping operating expenses efficient. Internet is tenant’s choice, and each unit has individual washer/dryer hookups, walk-in bedroom closets, and owner-provided refrigerators. Property highlights include:Townhome-style layouts with private entrances. Each unit is identical in layout, with two bedrooms and two full bathrooms. One bedroom has an ensuite bath, and hall bath also opens into the additional bedroom.   There are 20 parking spaces + 2 handicap spaces. Architectural shingle roofs approx. 7 years old. 6 exterior + 4 interior HVAC units replaced within last 5 years. Smoke and CO2 detectors in all units. No pets allowed. Each unit has its own trash can (no dumpster). Utility Providers: Entergy (electric) and Baton Rouge Water (water/sewer/trash).

25. 2025-12-01
    listed $1,129,000 Active 1496-char remark

    Show marketing remark (1521 chars)

    ANOTHER PRICE IMPROVEMENT! This listing is for 678 AND 710 Gloria Dr, being sold together; owner will not separate. Prime Investment Opportunity - Two Fully-Leased Townhome-Style Buildings. Located on Gloria Drive on the edge of a lovely residential neighborhood, this property features two identical 5-unit townhome-style apartment buildings offering strong, reliable income and minimal turnover. With 10 total units, the complex is currently at 100% occupancy with consistent tenants and up-to-date rent collection. Rent has been increased minimally with each lease renewal, so there is clear potential to raise rates $100–$150 per unit based on current market conditions. Tenants pay all utilities, including water, sewer, and trash, keeping operating expenses efficient. Internet is tenant’s choice, and each unit has individual washer/dryer hookups, walk-in bedroom closets, and owner-provided refrigerators. Property highlights include:Townhome-style layouts with private entrances. Each unit is identical in layout, with two bedrooms and two full bathrooms. One bedroom has an ensuite bath, and hall bath also opens into the additional bedroom.   There are 20 parking spaces + 2 handicap spaces. Architectural shingle roofs approx. 7 years old. 6 exterior + 4 interior HVAC units replaced within last 5 years. Smoke and CO2 detectors in all units. No pets allowed. Each unit has its own trash can (no dumpster). Utility Providers: Entergy (electric) and Baton Rouge Water (water/sewer/trash).

26. 2025-12-01
    listed $1,129,000 Active 1521-char remark

    Show marketing remark (1521 chars)

    ANOTHER PRICE IMPROVEMENT! This listing is for 678 AND 710 Gloria Dr, being sold together; owner will not separate. Prime Investment Opportunity - Two Fully-Leased Townhome-Style Buildings. Located on Gloria Drive on the edge of a lovely residential neighborhood, this property features two identical 5-unit townhome-style apartment buildings offering strong, reliable income and minimal turnover. With 10 total units, the complex is currently at 100% occupancy with consistent tenants and up-to-date rent collection. Rent has been increased minimally with each lease renewal, so there is clear potential to raise rates $100–$150 per unit based on current market conditions. Tenants pay all utilities, including water, sewer, and trash, keeping operating expenses efficient. Internet is tenant’s choice, and each unit has individual washer/dryer hookups, walk-in bedroom closets, and owner-provided refrigerators. Property highlights include:Townhome-style layouts with private entrances. Each unit is identical in layout, with two bedrooms and two full bathrooms. One bedroom has an ensuite bath, and hall bath also opens into the additional bedroom.   There are 20 parking spaces + 2 handicap spaces. Architectural shingle roofs approx. 7 years old. 6 exterior + 4 interior HVAC units replaced within last 5 years. Smoke and CO2 detectors in all units. No pets allowed. Each unit has its own trash can (no dumpster). Utility Providers: Entergy (electric) and Baton Rouge Water (water/sewer/trash).

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 8/10 Severe 7 d/yr ≥108°F today · 20 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $124,128
• − Mortgage interest: −$52,089
• − Property taxes: −$13,948
• − Insurance: −$4,650
• − Repairs & maintenance: −$9,930
• − Management: −$9,930
• − Depreciation: −$27,052
• Taxable income: $6,529
• Est. tax owed @ 24.0%: −$1,567
• After-tax cash flow: $19,378/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 12 photos

Good 80/100 Cosmetic rehab

This multi-family property is in good condition with minimal repairs needed. It offers a solid investment opportunity with fully leased units and strong rental income.

Repairs flagged

• Minor Driveway — Cracks in the concrete driveway need filling.
• Minor Landscaping — Overgrown areas and some dead grass need trimming and reseeding.

Value-add opportunities

• Both Painting exterior and interior walls — Fresh paint can improve curb appeal and interior aesthetics.
• Both Landscaping and driveway repair — Aesthetic improvements can attract more tenants and buyers.
• Rental HVAC maintenance and cleaning — A well-maintained HVAC system ensures tenant comfort and reduces utility costs.

Renovation cost estimate screening

Repair item	Severity	Est. cost
Driveway · Cracks in the concrete driveway need filling.	Minor	$500–3,000
Landscaping · Overgrown areas and some dead grass need trimming and reseeding.	Minor	$500–3,000
Total estimated repair cost · 2 items		$1,000–6,000

Value-add ROI direction

• Both Painting exterior and interior walls — Fresh paint can improve curb appeal and interior aesthetics. ↑
• Both Landscaping and driveway repair — Aesthetic improvements can attract more tenants and buyers. ↑
• Rental HVAC maintenance and cleaning — A well-maintained HVAC system ensures tenant comfort and reduces utility costs. ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: East Baton Rouge Parish
• NCES district ID: 2200540
• Math proficiency: 22% ▼ -36.00%
• Reading proficiency: 34% ▼ -31.00%
• Median HH income: $46,263
• Composite: 24.14/100
• National rank: #7745
• State rank: #47 of 98 in LA

Livability — Baton Rouge

• Score: 74/100
• State rank: #24
• US rank: #4535

Category grades

Amenities D Commute A+ Cost of living A+ Crime F Employment D- Housing A Health & safety A+ User ratings C-

Schools grade is shown separately in the Schools card above.

Census & demographics

• City population: 351,868
• Population (ZIP): 4,781

Population outlook (East Baton Rouge County) Hauer SSP2

• Today (2025): 464,810 people
• By 2030: 472,137 · +1.6%
• By 2040: 480,243 · +3.3%
• By 2050: 484,422 · +4.2%
• By 2075: 492,069 · +5.9%
• By 2100: 476,347 · +2.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.68)
• Race & ethnicity: Black 47% White 24% Hispanic / Latino 20% Asian 5% Two or more races 3% Pacific Islander 1%
• Common ancestry: Lithuanian 5% Serbian 2% Portuguese 1%
• Foreign-born: 10% · Vietnam, Canada, Jamaica
• Languages at home: 86% English-only · Spanish 8% Vietnamese 6%

Political lean MEDSL · East Baton Rouge

• 2024 margin: D (+11.1) · D 54.5% · R 43.4% · Other 2.1%
• 2008→2024 swing: +8.9pp toward D · 2008: 2.2pp · 2024: 11.1pp
• All cycles: 2024: D+11.1 2020: D+13.1 2016: D+9.2 2012: D+5.2 2008: D+2.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -60.38%
• Current HPI: 207.6904
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 3.29%
• F500 in state: 10

Industry mix (Fortune 500 HQ in LA)

Industry	F500 HQs	Revenue
▸Telecommunications	2	$23B
▸Utilities	1	$12B
▸Wholesale / Distribution	1	$5B
▸Advertising	1	$2B

Price history

-17.6% since first listed

10 events — show timeline

• 2026-04-30 Price Changed $929,900 AcadianaMLS
• 2026-04-30 Price Changed $929,900 GBRMLS
• 2026-03-24 Price Changed $949,900 AcadianaMLS
• 2026-03-24 Price Changed $949,900 GBRMLS
• 2026-02-15 Price Changed $970,000 AcadianaMLS
• 2026-02-15 Price Changed $970,000 GBRMLS
• 2026-01-21 Price Changed $1,039,999 AcadianaMLS
• 2026-01-21 Price Changed $1,039,999 GBRMLS
• 2025-12-01 Listed $1,129,000 GBRMLS
• 2025-12-01 Listed $1,129,000 AcadianaMLS