Louisiana / Baton Rouge / 70806 / 2605 Rittiner Drive

2605 Rittiner Drive

Baton Rouge, LA 70806

Listing ID: 203795

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$429,000

For Sale

Property Type Multifamily for Sale
Lot Size Acres 0.180
Building Sq Ft 3,682
Building Price per Sq Ft $116.51
Land Sq Ft 7,840
Land Price per Sq Ft $54.72

Description

Description
This is a perfect opportunity to purchase a revenue generating property in the Garden District. This 4 unit building is approximately 3,682 square feet and located on Rittiner Drive just 4 blocks from Government Street. With close proximity to St. Joseph’s Academy and Catholic High in a historically strong and safe rental market, this is a phenomenal opportunity to acquire your first multi-family rental property or an excellent addition to your investment portfolio.
Highlights
100% Occupied
Brand New Roof. Recently Repaired Pier and Beam Foundation
All units in rent-ready condition + W/D in unit
Garden District + Ample Parking
All units are 2 bed / 1 bath

Points of Interest & Demographic Radii

Points of Interest

Demographic Radii

POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

Baton Rouge History of Multifamily Housing for Sale

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Listing Demographics for 2605 Rittiner Drive Baton Rouge, LA 70806

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		12,238	82,421	165,379
Population Median Age		38	36	36
Population by Age	0-9 Yrs	1377 (11%)	9046 (10%)	19767 (11%)
	10-19 Yrs	1081 (8%)	11836 (14%)	22760 (13%)
	20-29 Yrs	2240 (18%)	17989 (21%)	37009 (22%)
	30-39 Yrs	2068 (16%)	11102 (13%)	21040 (12%)
	40-49 Yrs	1474 (12%)	8375 (10%)	15632 (9%)
	50-59 Yrs	1541 (12%)	8481 (10%)	17296 (10%)
	60-69 Yrs	1397 (11%)	8829 (10%)	17363 (10%)
	70+ Yrs	1061 (8%)	6764 (8%)	14512 (8%)

Median HH Income		$55,122	$40,801	$41,765
Total Household Income	< 24K	1518 (29%)	11517 (35%)	21518 (33%)
	25-49K	900 (17%)	6898 (21%)	14196 (22%)
	50-74K	785 (15%)	4467 (13%)	8972 (14%)
	75-99K	563 (10%)	2711 (8%)	5442 (8%)
	100-199K	977 (18%)	4831 (14%)	9669 (15%)
	200K+	447 (8%)	1929 (5%)	3878 (6%)

Highest Education Level	No Diploma	955	6746	13165
	Diploma or GED	1703	12799	26386
	Some College	1301	9944	20478
	Assoc. Degree	254	2187	4203
	Bachelors Degree	2549	11072	20489
	Higher Degree	1864	7856	15123

Total Housing Units		6,294	40,187	78,822
--Owner-Occupied		2,916	14,288	29,655
--Renter-Occupied		2,274	18,065	34,020
Owner-Occupied Values	< 100K	481	4536	7792
	100-199K	479	2838	7905
	200-299K	838	2778	6409
	300-399K	559	1570	3029
	400-499K	249	892	1499
	500K+	310	1674	3020

Total Working Age Population		10,262	68,808	135,926
In Work Force		7,294	44,430	85,387
Not In Work Force		2,967	24,377	50,539
Workforce Employed		6,719	39,701	77,517
Workforce Unemployed		576	4,712	7,772
Civlian Workforce		7,294	44,413	85,289
Military Workforce		0	18	98

Total Households		5,190	32,353	63,675
Family Households		2,500	15,189	32,038
Non-Family Households		2,690	17,164	31,638
Married Couple		1,650	8,460	18,152
Other Family		850	6,729	13,886
Married w/Child		598	2,767	6,097
Single Male w/Child		49	308	958
Single Female w/Child		334	2,619	5,787

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Louisiana	4,468,976	+1	4,533,372	+1	4,588,310	+5	4,813,420
East Baton Rouge Parish	412,852	+7	440,171	-3	426,380	-1	421,500
Iberville Parish	33,320	0	33,387	-17	27,830	-11	24,640
St. Martin Parish	48,583	+7	52,160	+6	55,520	+3	57,000
West Baton Rouge Parish	21,601	+10	23,788	-7	22,220	-5	21,070

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While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

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