Multifamily Housing - For Sale
1025 Rittiner Drive Baton Rouge, LA 70806
Details & Description
Price: $449,000
  • Property Type Multifamily for Sale
  • Lot Size Acres 0.350
  • Building Sq Ft 3,600
  • Building Price per Sq Ft $124.72
  • Land Sq Ft 15,245
  • Land Price per Sq Ft $29.45
DescriptionWith a great location in the Garden District and just a few blocks from Government Street in Mid City this multifamily property has strong rental appeal. It is located in a historically strong rental market near the corner of Rittiner Dr and Myrtle Ave.The building has completely updated kitchens in all units and is currently 75% occupied. It is two stories and ±3,600 SF in total size. All units are 2 bed / 1 bath and there is ample parking for tenants in the rear limestone parking lot.HighlightsNewly updated kitchens in each unitStrong rental market in Garden District75% OccupiedAll units 2 bed / 1 bath
Listing Agents
Mark Segalla

O: 225-659-8656
M: 225-505-4349
msegalla@elifinrealty.com
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.

1025 Rittiner Drive

Baton Rouge, LA 70806

Listing ID: 203797
$449,000
For Sale
  • Property Type Multifamily for Sale
  • Lot Size Acres 0.350
  • Building Sq Ft 3,600
  • Building Price per Sq Ft $124.72
  • Land Sq Ft 15,245
  • Land Price per Sq Ft $29.45
1025 Rittiner Drive Baton Rouge, LA 70806 | for Sale | Photo 1
Description

Description

With a great location in the Garden District and just a few blocks from Government Street in Mid City this multifamily property has strong rental appeal. It is located in a historically strong rental market near the corner of Rittiner Dr and Myrtle Ave.

The building has completely updated kitchens in all units and is currently 75% occupied. It is two stories and ±3,600 SF in total size. All units are 2 bed / 1 bath and there is ample parking for tenants in the rear limestone parking lot.

Highlights

Newly updated kitchens in each unit

Strong rental market in Garden District

75% Occupied

All units 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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Baton Rouge Area Market Trends

Listing Demographics for 1025 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 Population12,25581,967164,470
Population Median Age383636
Population by Age0-9 Yrs1405 (11%)8818 (10%)19524 (11%)
10-19 Yrs1048 (8%)11758 (14%)22416 (13%)
20-29 Yrs2257 (18%)18204 (22%)37038 (22%)
30-39 Yrs2075 (16%)11000 (13%)20960 (12%)
40-49 Yrs1505 (12%)8320 (10%)15569 (9%)
50-59 Yrs1535 (12%)8345 (10%)17212 (10%)
60-69 Yrs1392 (11%)8732 (10%)17284 (10%)
70+ Yrs1038 (8%)6790 (8%)14468 (8%)
Median HH Income$58,302$41,401$42,183
Total Household Income< 24K1403 (27%)11419 (35%)21378 (33%)
25-49K890 (17%)6820 (21%)14073 (22%)
50-74K799 (15%)4497 (13%)8973 (14%)
75-99K579 (11%)2699 (8%)5453 (8%)
100-199K1020 (19%)4924 (15%)9787 (15%)
200K+490 (9%)1982 (6%)3913 (6%)
Highest Education LevelNo Diploma907655112938
Diploma or GED15681242126101
Some College1297980920355
Assoc. Degree26421554207
Bachelors Degree26421123920660
Higher Degree1948805915267
Total Housing Units6,25040,19178,720
--Owner-Occupied2,96314,19929,670
--Renter-Occupied2,21718,14133,908
Owner-Occupied Values< 100K41643897599
100-199K47227517950
200-299K86328186496
300-399K58515953076
400-499K2689241514
500K+35917223035
Total Working Age Population10,26068,652135,446
In Work Force7,34644,42485,162
Not In Work Force2,91324,22850,284
Workforce Employed6,79039,81177,371
Workforce Unemployed5564,5967,696
Civlian Workforce7,34644,40685,067
Military Workforce01795
Total Households5,18032,34063,578
Family Households2,54015,01731,841
Non-Family Households2,64017,32331,737
Married Couple1,7278,52118,230
Other Family8136,49613,611
Married w/Child6382,7946,148
Single Male w/Child42296946
Single Female w/Child3092,5165,650

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Louisiana4,468,976+14,533,372+14,588,310+54,813,420
East Baton Rouge Parish412,852+7440,171-3426,380-1421,500
Iberville Parish33,320033,387-1727,830-1124,640
St. Martin Parish48,583+752,160+655,520+357,000
West Baton Rouge Parish21,601+1023,788-722,220-521,070

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

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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4250 Dodson Avenue, Baton Rouge, LA $3,750,000 43660 0.9
704 Anselmo Ln, Baton Rouge, LA $3,920,000 82880 -
1984 Brightside Drive, Baton Rouge, LA $525,000 4840 -
4747 Annette Street, Baton Rouge, LA $599,000 12000 -
5021 McClelland Drive, Baton Rouge, LA $525,000 11400 -
6680 Hanks Drive, Baton Rouge, LA $550,000 12000 -
8069 Ned Avenue, Baton Rouge, LA $780,000 14500 0.95
Closest Commercial Airports
Airport Distance (mi)
Lafayette Regional Airport (LFT) 52
Louis Armstrong New Orleans International Airport (MSY) 62
Gulfport Biloxi International Airport (GPT) 125
Listing Agent
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