Value-Add 16-Unit Apartment Complex near LSU Campus

1212 Aster St, Baton Rouge, LA 70802

Property Information

  • For Sale $550,000
  • Property Type Multi-Family
  • Property Size 11,144 SF
  • Units 16
  • Lot Size 0.28 Acre
  • Property Tenancy Multi-Tenant
  • Date Updated Nov 1, 2026

Description

-This 16-unit multifamily complex is located just outside LSU campus, offering a value-add investment opportunity through interior renovations and lease-up. The property includes 11,144 SF across three two-story buildings on 0.279 acres. The unit mix consists of 4 studios, 8 one-bedroom / one-bath units, and 4 two-bedroom / one-bath units. Currently, 8 units are vacant and require renovations, presenting an opportunity to increase occupancy and stabilize rental income. The property also features dedicated off-street parking and common areas between the buildings. Located near LSU campus, the property benefits from proximity to student and professional tenant demand, with convenient access to I-10 approximately 4 minutes away. Zoned A4 (General Residential) and located within an Opportunity Zone.

Contacts

Location

Located at 1212 Aster St, Baton Rouge, LA 70802, this property is part of the College Park - Magnolia Place neighborhood and Baton Rouge market.

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