Developer’s Dream Near LSU – Income Now, Expansion Potential for the Future Unlock the possibilities with this exceptional Baton Rouge investment opportunity featuring two income-producing duplexes plus two additional lots in a rapidly growing corridor just minutes from Louisiana State University. Located at 204-206 E. State Street and 226 A&B State Street, 240 E State Street (lot) and a parcel in between properties, this rare multi-property package offers the perfect blend of immediate cash flow and outstanding redevelopment potential. Fully occupied and generating steady rental income, these well-maintained duplexes showcase timeless architectural charm with desirable features including 9-foot ceilings, hardwood floors, newer roofs, and individually metered utilities for streamlined management and tenant convenience. The prime location near LSU ensures continued rental demand and long-term investment stability. What truly sets this portfolio apart is the incredible opportunity for new construction and multi-unit development. The additional lots create a unique canvas for developers/investors looking to expand, build additional units, increase density, or capitalize on the area’s ongoing growth and housing demand. This multi-property package is ideal for investors seeking stable cash flow, proximity to LSU, and long-term appreciation potential in the growing Baton Rouge market. All information is believed to be accurate but not guaranteed and should be independently verified by purchaser. Measurements, occupancy status, zoning, lot dimensions, and investment projections are approximate and subject to buyer verification.
For sale
$350,000
204 E State St #2, Baton Rouge, LA 70802
1beds
--baths
1,426sqft
Est.:
Duplex, Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$245/sqft
$-- HOA
What's special
Individually metered utilitiesNewer roofsHardwood floors
- 7 hours |
- 18 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Perry Musgrow,
Bridgewater Realty Advisors
Source: ROAM MLS,MLS#: 2026009211
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
Kitchen
- Features: Laminate Counters
Heating
- Wall Furnace
Cooling
- Window Unit(s)
Appliances
- Included: Gas Cooktop, Refrigerator
- Laundry: Washer/Dryer Hookup
Features
- 9+ Ft. Ceiling, Gas Stove Con.
- Flooring: Ceramic Tile, Wood
Interior area
- Total structure area: 1,426
- Total interior livable area: 1,426 sqft
Property
Parking
- Total spaces: 4
- Parking features: Parking Lot
Features
- Stories: 2
- Patio & porch: Porch, Porch/Patio/Deck
Lot
- Size: 5,039.89 Square Feet
- Dimensions: 42 x 120
Details
- Special conditions: Standard
- Other equipment: Individual Meter
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Fiber Cement, Frame
- Foundation: Pillar/Post/Pier
- Roof: Shingle
Condition
- New construction: No
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Arbour Place
Location
- Region: Baton Rouge
Financial & listing details
- Price per square foot: $245/sqft
- Price range: $350K - $350K
- Date on market: 5/20/2026
- Listing terms: Cash,Conventional,FHA
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/20/2026 | Listed for sale | $350,000$245/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Louisiana State University
Nearby schools
GreatSchools rating
- NAUniversity Terrace Elementary SchoolGrades: 4-5Distance: 0.6 mi
- 6/10Glasgow Middle SchoolGrades: 6-8Distance: 2.1 mi
- 2/10Mckinley Senior High SchoolGrades: 9-12Distance: 0.3 mi
Schools provided by the listing agent
- District: East Baton Rouge
Source: ROAM MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Louisiana
- East Baton Rouge Parish
- Baton Rouge
- 70802
- Louisiana State University
- 204 E State St Unit 2








