1246 Sharlo Ave Unit 8-D-2 · Baton Rouge, LA 70820

$199,000

4 bd · 2.0 ba · 1,641 sqft · SingleFamily · 145 Days on market

Built 1979 5,662 sqft lot Est $189k · 5% over $40/mo HOA · 2% of rent

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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 +24.0/30.0
• DSCR +7.7/10.0
• 1% rule +6.5/10.0
• ARV discount +5.0/15.0
• Livability +3.7/5.0
• Rent growth +3.2/5.0
• Condition / age +2.5/5.0
• Schools +2.4/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

UPDATED End-Unit Townhome on Sharlo located near LSU! HOA is just $480 annually! Updated and move-in ready, this end unit offers extra privacy, a large fenced yard, and a PRIME LOCATION on the LSU BUS ROUTE. Updates include new paint, new fence, custom tile showers, new windows, and a new water heater (12/2024). The roof was replaced in 2018. The Galley style kitchen features custom cabinetry, slab granite, and stainless appliances. The den has a cathedral ceiling, painted brick fireplace, modern ceiling fan, and lots of natural light. Upstairs includes 2 bedrooms and a full bath, downstairs has a flexible floor plan for a 4th bedroom with three closets or perfect as a study, game room, or second living area. Laundry is conveniently located inside one of the closets. Covered parking for two, plus additional parking across the green space in front of the unit. HOA covers lawn maintenance for the front and common areas. Close to LSU, shopping, and dining--ideal for students, professionals, or investors! Call today for a private showing!!

Key facts

• Custom cabinetry
• Custom tile showers
• Large fenced yard

Tags

• LARGE FENCED YARD
• PRIME LOCATION
• CUSTOM TILE SHOWERS
• CUSTOM CABINETRY
• SLAB GRANITE
• STAINLESS APPLIANCES

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $199k.

Deal economics

• At list price, monthly cash flow is $391 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $199k).
• Recommended offer: $175k (12.0% below list) — sets the bar for market timing.
• Cap rate 8.6% vs local median 4.3% 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.
• Market conditions: Rents rising (+2.8%/yr); 315 active listings in the ZIP; 22 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% of comp listings sitting > 30 days — soft ceiling on asking rent; 2,252 units permitted in East Baton Rouge Parish in 2024 (440 in 5+ unit buildings).
• At $2,286/mo this rent would consume 58% of the median local household income ($47k/yr) (locally 1879% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k 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 145 days — a 12% lower offer ($175k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 18y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

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 $175,120 (12.0% below list)

Questions for the listing agent

1. It's been on market 145 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1979 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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 for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.15% ✓
• Cap rate: 8.65%
• Cash-on-cash: 8.41%
• DSCR: 1.37
• GRM: 7.3

CMA / ARV

• ARV (on-the-fly): $188,715
• Comps found: 8

Show comp detail 8 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1246 Sharlo Ave Unit 8-D-2	0.00mi	4/2.0	1,641 (0%)	0mo	$199,000	$121	100
1310 Sharlo Ave	0.08mi	3/2.0 (-1)	1,653 (+1%)	12mo	$190,000	$115	80
2344 Brightside Dr	0.21mi	3/2.0 (-1)	1,651 (+1%)	6mo	$179,000	$108	79
2334 Brightside Dr	0.20mi	3/2.0 (-1)	1,482 (-10%)	2mo	$148,000	$100	67
2216 Brightside Dr	0.17mi	3/2.0 (-1)	1,478 (-10%)	6mo	$164,000	$111	65
1256 Sharlo Ave	0.03mi	3/2.0 (-1)	1,413 (-14%)	22mo	$167,900	$119	52
5345 Arlington Ct	0.34mi	3/3.0 (-1)	1,555 (-5%)	22mo	$202,000	$130	48
2141 Plantation Ln	0.39mi	3/3.0 (-1)	1,555 (-5%)	22mo	$210	—	46

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 2.79% rent growth · sell at horizon

5-year hold

• IRR: -3.7%
• Equity multiple: 0.86×
• Total profit: $-7,791
• Equity at exit: $29,672

10-year hold

• IRR: 5.7%
• Equity multiple: 1.42×
• Total profit: $23,520
• Equity at exit: $17,206

Cash invested: $55,720 (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 70820

• Home prices YoY: -29.9%
• Rents YoY: 2.8%
• Active inventory: 315
• Price-to-rent: 7.3×

Monthly cashflow live

• Estimated rent: $2,286 high
• Mortgage (P&I): −$1,044
• Tax est. 1.5%: −$249 /mo · $2,985/yr
• Insurance: −$83
• HOA: −$40
• Vacancy / Maint / Mgmt: −$480
• Net cashflow: $391

Break-even live

Break-even rent $1,791

Max offer price $199,000

Occupancy floor 78%

Sensitivity live

Price	-10% $528	-5% $459	+0% $391	+5% $322	+10% $253
Rent	-10% $210	-5% $300	+0% $391	+5% $481	+10% $571
Rate	-1.0pp $491	-0.5pp $441	base $391	+0.5pp $339	+1.0pp $287

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: $49,750
• Closing costs: $5,970
• Reserves months: —
• Total cash needed: —

Rent comps 22 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1274 Sharlo Ave Unit 1519871P Baton Rouge, LA	3.0	2.0	1786	$3,298	$1.85	14d	1	0.09mi
2000 Brightside Dr Baton Rouge, LA	1.0–3.0	1.0–2.0	792	$1,496	$1.89	14d	1	0.15mi
5112 Arlington Ct Baton Rouge, LA	3.0	3.0	1601	$1,850	$1.16	44d	1	0.22mi
1345 Harwich Dr Baton Rouge, LA	3.0	2.0	1478	$1,800	$1.22	44d	1	0.23mi
4521 Y a Tittle Ave Baton Rouge, LA	3.0	2.0	1300	$1,150	$0.88	14d	1	0.24mi
5416 Heatherstone Dr Baton Rouge, LA	4.0	3.0	1990	$2,000	$1.01	44d	1	0.32mi
5268 S Brightside View Dr Apt 2 Baton Rouge, LA	3.0	2.5	1348	$1,250	$0.93	44d	1	0.34mi
1741 Brightside Dr Baton Rouge, LA	2.0–3.0	2.0	1436	$1,850	$1.29	14d	3	0.38mi
5628 Moorstone Dr Baton Rouge, LA	3.0	2.5	1900	$1,650	$0.87	45d	1	0.41mi
5111 Nicholson Dr Unit A44 Baton Rouge, LA	3.0	2.0	1567	$1,650	$1.05	24d	1	0.63mi
582 Jennifer Jean Dr Baton Rouge, LA	3.0	2.0	1370	$1,500	$1.09	44d	1	0.72mi
900 Dean Lee Dr Baton Rouge, LA	2.0–3.0	2.0–3.0	1585	$1,800	$1.14	24d	3	0.74mi
900 Dean Lee Dr Baton Rouge, LA	2.0–3.0	2.0–3.0	1585	$1,800	$1.14	44d	3	0.74mi
5157 Etta St Unit 4G Baton Rouge, LA	3.0	2.0	1473	$1,650	$1.12	44d	1	0.77mi
4441 Burbank Dr #108 Baton Rouge, LA	3.0	3.0	1500	$1,725	$1.15	24d	1	0.80mi
436 Jennifer Jean Dr Baton Rouge, LA	3.0	2.0	1100	$1,950	$1.77	14d	1	0.83mi
436 Jennifer Jean Dr Baton Rouge, LA	3.0	2.0	1100	$1,950	$1.77	24d	1	0.83mi
4441 Burbank Dr Baton Rouge, LA	3.0	2.0–3.0	1544	$1,750	$1.13	44d	2	0.85mi
5618 Cottage Lake Dr Baton Rouge, LA	3.0	2.5	2002	$3,000	$1.50	44d	1	0.89mi
5618 Cottage Lake Dr Baton Rouge, LA	3.0	2.0	2002	$3,000	$1.50	19d	1	0.89mi
5578 Arialo Dr Baton Rouge, LA	3.0	2.0	1484	$2,100	$1.42	44d	1	1.33mi
5151 Highland Rd Baton Rouge, LA	4.0	1.0–4.0	1129	$1,734	$1.54	14d	150	1.33mi

HOA detail

• Monthly dues: $40 · $480/yr
• Likely covers: water

Listing history 16 events

1. 2026-03-03
   status Pending 1051-char remark

   Show marketing remark (1051 chars)

   UPDATED End-Unit Townhome on Sharlo located near LSU! HOA is just $480 annually! Updated and move-in ready, this end unit offers extra privacy, a large fenced yard, and a PRIME LOCATION on the LSU BUS ROUTE. Updates include new paint, new fence, custom tile showers, new windows, and a new water heater (12/2024). The roof was replaced in 2018. The Galley style kitchen features custom cabinetry, slab granite, and stainless appliances. The den has a cathedral ceiling, painted brick fireplace, modern ceiling fan, and lots of natural light. Upstairs includes 2 bedrooms and a full bath, downstairs has a flexible floor plan for a 4th bedroom with three closets or perfect as a study, game room, or second living area. Laundry is conveniently located inside one of the closets. Covered parking for two, plus additional parking across the green space in front of the unit. HOA covers lawn maintenance for the front and common areas. Close to LSU, shopping, and dining--ideal for students, professionals, or investors! Call today for a private showing!!

2. 2026-03-03
   status Pending

   Show marketing remark (1051 chars)

   UPDATED End-Unit Townhome on Sharlo located near LSU! HOA is just $480 annually! Updated and move-in ready, this end unit offers extra privacy, a large fenced yard, and a PRIME LOCATION on the LSU BUS ROUTE. Updates include new paint, new fence, custom tile showers, new windows, and a new water heater (12/2024). The roof was replaced in 2018. The Galley style kitchen features custom cabinetry, slab granite, and stainless appliances. The den has a cathedral ceiling, painted brick fireplace, modern ceiling fan, and lots of natural light. Upstairs includes 2 bedrooms and a full bath, downstairs has a flexible floor plan for a 4th bedroom with three closets or perfect as a study, game room, or second living area. Laundry is conveniently located inside one of the closets. Covered parking for two, plus additional parking across the green space in front of the unit. HOA covers lawn maintenance for the front and common areas. Close to LSU, shopping, and dining--ideal for students, professionals, or investors! Call today for a private showing!!

3. 2026-02-13
   price $199,000 1051-char remark

   Show marketing remark (1051 chars)

   UPDATED End-Unit Townhome on Sharlo located near LSU! HOA is just $480 annually! Updated and move-in ready, this end unit offers extra privacy, a large fenced yard, and a PRIME LOCATION on the LSU BUS ROUTE. Updates include new paint, new fence, custom tile showers, new windows, and a new water heater (12/2024). The roof was replaced in 2018. The Galley style kitchen features custom cabinetry, slab granite, and stainless appliances. The den has a cathedral ceiling, painted brick fireplace, modern ceiling fan, and lots of natural light. Upstairs includes 2 bedrooms and a full bath, downstairs has a flexible floor plan for a 4th bedroom with three closets or perfect as a study, game room, or second living area. Laundry is conveniently located inside one of the closets. Covered parking for two, plus additional parking across the green space in front of the unit. HOA covers lawn maintenance for the front and common areas. Close to LSU, shopping, and dining--ideal for students, professionals, or investors! Call today for a private showing!!

4. 2026-02-13
   price $199,000

   Show marketing remark (1051 chars)

   UPDATED End-Unit Townhome on Sharlo located near LSU! HOA is just $480 annually! Updated and move-in ready, this end unit offers extra privacy, a large fenced yard, and a PRIME LOCATION on the LSU BUS ROUTE. Updates include new paint, new fence, custom tile showers, new windows, and a new water heater (12/2024). The roof was replaced in 2018. The Galley style kitchen features custom cabinetry, slab granite, and stainless appliances. The den has a cathedral ceiling, painted brick fireplace, modern ceiling fan, and lots of natural light. Upstairs includes 2 bedrooms and a full bath, downstairs has a flexible floor plan for a 4th bedroom with three closets or perfect as a study, game room, or second living area. Laundry is conveniently located inside one of the closets. Covered parking for two, plus additional parking across the green space in front of the unit. HOA covers lawn maintenance for the front and common areas. Close to LSU, shopping, and dining--ideal for students, professionals, or investors! Call today for a private showing!!

5. 2026-01-21
   price $193,000 1051-char remark

   Show marketing remark (1051 chars)

   UPDATED End-Unit Townhome on Sharlo located near LSU! HOA is just $480 annually! Updated and move-in ready, this end unit offers extra privacy, a large fenced yard, and a PRIME LOCATION on the LSU BUS ROUTE. Updates include new paint, new fence, custom tile showers, new windows, and a new water heater (12/2024). The roof was replaced in 2018. The Galley style kitchen features custom cabinetry, slab granite, and stainless appliances. The den has a cathedral ceiling, painted brick fireplace, modern ceiling fan, and lots of natural light. Upstairs includes 2 bedrooms and a full bath, downstairs has a flexible floor plan for a 4th bedroom with three closets or perfect as a study, game room, or second living area. Laundry is conveniently located inside one of the closets. Covered parking for two, plus additional parking across the green space in front of the unit. HOA covers lawn maintenance for the front and common areas. Close to LSU, shopping, and dining--ideal for students, professionals, or investors! Call today for a private showing!!

6. 2026-01-21
   price $193,000

   Show marketing remark (1051 chars)

   UPDATED End-Unit Townhome on Sharlo located near LSU! HOA is just $480 annually! Updated and move-in ready, this end unit offers extra privacy, a large fenced yard, and a PRIME LOCATION on the LSU BUS ROUTE. Updates include new paint, new fence, custom tile showers, new windows, and a new water heater (12/2024). The roof was replaced in 2018. The Galley style kitchen features custom cabinetry, slab granite, and stainless appliances. The den has a cathedral ceiling, painted brick fireplace, modern ceiling fan, and lots of natural light. Upstairs includes 2 bedrooms and a full bath, downstairs has a flexible floor plan for a 4th bedroom with three closets or perfect as a study, game room, or second living area. Laundry is conveniently located inside one of the closets. Covered parking for two, plus additional parking across the green space in front of the unit. HOA covers lawn maintenance for the front and common areas. Close to LSU, shopping, and dining--ideal for students, professionals, or investors! Call today for a private showing!!

7. 2025-12-12
   price $194,900 1051-char remark

   Show marketing remark (1051 chars)

   UPDATED End-Unit Townhome on Sharlo located near LSU! HOA is just $480 annually! Updated and move-in ready, this end unit offers extra privacy, a large fenced yard, and a PRIME LOCATION on the LSU BUS ROUTE. Updates include new paint, new fence, custom tile showers, new windows, and a new water heater (12/2024). The roof was replaced in 2018. The Galley style kitchen features custom cabinetry, slab granite, and stainless appliances. The den has a cathedral ceiling, painted brick fireplace, modern ceiling fan, and lots of natural light. Upstairs includes 2 bedrooms and a full bath, downstairs has a flexible floor plan for a 4th bedroom with three closets or perfect as a study, game room, or second living area. Laundry is conveniently located inside one of the closets. Covered parking for two, plus additional parking across the green space in front of the unit. HOA covers lawn maintenance for the front and common areas. Close to LSU, shopping, and dining--ideal for students, professionals, or investors! Call today for a private showing!!

8. 2025-12-12
   price $194,900

   Show marketing remark (1051 chars)

   UPDATED End-Unit Townhome on Sharlo located near LSU! HOA is just $480 annually! Updated and move-in ready, this end unit offers extra privacy, a large fenced yard, and a PRIME LOCATION on the LSU BUS ROUTE. Updates include new paint, new fence, custom tile showers, new windows, and a new water heater (12/2024). The roof was replaced in 2018. The Galley style kitchen features custom cabinetry, slab granite, and stainless appliances. The den has a cathedral ceiling, painted brick fireplace, modern ceiling fan, and lots of natural light. Upstairs includes 2 bedrooms and a full bath, downstairs has a flexible floor plan for a 4th bedroom with three closets or perfect as a study, game room, or second living area. Laundry is conveniently located inside one of the closets. Covered parking for two, plus additional parking across the green space in front of the unit. HOA covers lawn maintenance for the front and common areas. Close to LSU, shopping, and dining--ideal for students, professionals, or investors! Call today for a private showing!!

9. 2025-10-09
   listed $199,900 Active

   Show marketing remark (1051 chars)

   UPDATED End-Unit Townhome on Sharlo located near LSU! HOA is just $480 annually! Updated and move-in ready, this end unit offers extra privacy, a large fenced yard, and a PRIME LOCATION on the LSU BUS ROUTE. Updates include new paint, new fence, custom tile showers, new windows, and a new water heater (12/2024). The roof was replaced in 2018. The Galley style kitchen features custom cabinetry, slab granite, and stainless appliances. The den has a cathedral ceiling, painted brick fireplace, modern ceiling fan, and lots of natural light. Upstairs includes 2 bedrooms and a full bath, downstairs has a flexible floor plan for a 4th bedroom with three closets or perfect as a study, game room, or second living area. Laundry is conveniently located inside one of the closets. Covered parking for two, plus additional parking across the green space in front of the unit. HOA covers lawn maintenance for the front and common areas. Close to LSU, shopping, and dining--ideal for students, professionals, or investors! Call today for a private showing!!

10. 2025-10-09
    listed $199,900 Active 1051-char remark

    Show marketing remark (1051 chars)

    UPDATED End-Unit Townhome on Sharlo located near LSU! HOA is just $480 annually! Updated and move-in ready, this end unit offers extra privacy, a large fenced yard, and a PRIME LOCATION on the LSU BUS ROUTE. Updates include new paint, new fence, custom tile showers, new windows, and a new water heater (12/2024). The roof was replaced in 2018. The Galley style kitchen features custom cabinetry, slab granite, and stainless appliances. The den has a cathedral ceiling, painted brick fireplace, modern ceiling fan, and lots of natural light. Upstairs includes 2 bedrooms and a full bath, downstairs has a flexible floor plan for a 4th bedroom with three closets or perfect as a study, game room, or second living area. Laundry is conveniently located inside one of the closets. Covered parking for two, plus additional parking across the green space in front of the unit. HOA covers lawn maintenance for the front and common areas. Close to LSU, shopping, and dining--ideal for students, professionals, or investors! Call today for a private showing!!

11. 2024-04-26
    soldstatus Sold 824-char remark

    Show marketing remark (824 chars)

    Completely remodeled when purchased a few years ago with custom tile showers, new windows and so much more. Kitchen has beautiful custom cabinetry, slab granite and stainless appliances. Great cathedral ceiling in den and both bedrooms upstairs. All bedrooms have amazing closet space. Remote lighting including can lights have been added throughout. The floorplan offers a possible four bedroom with bedroom #4 having three closets and plenty of space. It offers many uses, such as study room, game room, another living area with many possibilities. Laundry is located inside in one of the closets in this room. Great courtyard area with fenced yard nicely landscaped. HOA dues are only $40/month and the common areas including front are maintained by HOA. Covered parking for two with additional parking in common areas.

12. 2024-04-11
    status Pending 824-char remark

    Show marketing remark (824 chars)

    Completely remodeled when purchased a few years ago with custom tile showers, new windows and so much more. Kitchen has beautiful custom cabinetry, slab granite and stainless appliances. Great cathedral ceiling in den and both bedrooms upstairs. All bedrooms have amazing closet space. Remote lighting including can lights have been added throughout. The floorplan offers a possible four bedroom with bedroom #4 having three closets and plenty of space. It offers many uses, such as study room, game room, another living area with many possibilities. Laundry is located inside in one of the closets in this room. Great courtyard area with fenced yard nicely landscaped. HOA dues are only $40/month and the common areas including front are maintained by HOA. Covered parking for two with additional parking in common areas.

13. 2024-04-02
    listed $190,000 Active 824-char remark

    Show marketing remark (824 chars)

    Completely remodeled when purchased a few years ago with custom tile showers, new windows and so much more. Kitchen has beautiful custom cabinetry, slab granite and stainless appliances. Great cathedral ceiling in den and both bedrooms upstairs. All bedrooms have amazing closet space. Remote lighting including can lights have been added throughout. The floorplan offers a possible four bedroom with bedroom #4 having three closets and plenty of space. It offers many uses, such as study room, game room, another living area with many possibilities. Laundry is located inside in one of the closets in this room. Great courtyard area with fenced yard nicely landscaped. HOA dues are only $40/month and the common areas including front are maintained by HOA. Covered parking for two with additional parking in common areas.

14. 2024-04-02
    listed $190,000

    Show marketing remark (824 chars)

    Completely remodeled when purchased a few years ago with custom tile showers, new windows and so much more. Kitchen has beautiful custom cabinetry, slab granite and stainless appliances. Great cathedral ceiling in den and both bedrooms upstairs. All bedrooms have amazing closet space. Remote lighting including can lights have been added throughout. The floorplan offers a possible four bedroom with bedroom #4 having three closets and plenty of space. It offers many uses, such as study room, game room, another living area with many possibilities. Laundry is located inside in one of the closets in this room. Great courtyard area with fenced yard nicely landscaped. HOA dues are only $40/month and the common areas including front are maintained by HOA. Covered parking for two with additional parking in common areas.

15. 2008-05-20
    soldstatus
16. 2008-03-18
    listed $149,900

ⓘ 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 4/10 Moderate FEMA zone X · 20% 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 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $27,431
• − Mortgage interest: −$11,147
• − Property taxes: −$2,985
• − Insurance: −$995
• − Repairs & maintenance: −$2,194
• − Management: −$2,194
• − HOA: −$480
• − Depreciation: −$5,789
• Taxable income: $1,646
• Est. tax owed @ 24.0%: −$395
• After-tax cash flow: $4,292/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.

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

• Census place: Baton Rouge, LA
• County: East Baton Rouge Parish · 399,686 people
• City population: 351,868
• Metro: Baton Rouge, LA
• Population (ZIP): 23,377
• Household income: $47,429
• Rent vs Own: 66.0% rent · 34.0% own
• Severe rent burden: 1879.0

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 0.63)
• Race & ethnicity: White 56% Black 21% Hispanic / Latino 13% Asian 7% Two or more races 5% Native American 2%
• Hispanic origin (detail): Mexican 3%
• Common ancestry: Lithuanian 7% Italian 2% Scotch-Irish 1%
• Foreign-born: 13% · Canada, China, South Korea
• Languages at home: 84% English-only · Spanish 9% Other Indo-European 3% Chinese 1%

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: ▼ -56.10%
• Current HPI: 131.5382
• Rent YoY: ▲ 2.79%
• Metro: Baton Rouge, LA
• 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

+32.8% since first listed

16 events — show timeline

• 2026-03-03 Pending — AcadianaMLS
• 2026-03-03 Pending — GBRMLS
• 2026-02-13 Price Changed $199,000 AcadianaMLS
• 2026-02-13 Price Changed $199,000 GBRMLS
• 2026-01-21 Price Changed $193,000 AcadianaMLS
• 2026-01-21 Price Changed $193,000 GBRMLS
• 2025-12-12 Price Changed $194,900 AcadianaMLS
• 2025-12-12 Price Changed $194,900 GBRMLS
• 2025-10-09 Listed $199,900 GBRMLS
• 2025-10-09 Listed $199,900 AcadianaMLS
• 2024-04-26 Sold (MLS) — GBRMLS
• 2024-04-11 Pending — GBRMLS
• 2024-04-02 Listed $190,000 AcadianaMLS
• 2024-04-02 Listed $190,000 GBRMLS
• 2008-05-20 Sold (MLS) — GBRMLS
• 2008-03-18 Listed $149,900 GBRMLS