Sold
Last List Price
3 beds4,434 sqft
823 Costello Ln, Baton Rouge, LA 70802
Multi FamilyProperty Type
0.03 acresLot Size
$180/sq ftPrice per sq ft

Description

Great investment property for Old South Baton Rouge Investors. There are three duplexes and 2 cottages. IT also has a large parking lot on Lot 92 and an extra small lot between the two single family cottages. There was another cottage at one time between the other cottages and it burned down years ago. One of the few rentals in the area that actually have their own parking lot for tenants. Duplexes are all leased and one of the cottages is available now for rent. The seller is selling all the property...Great investment property for Old South Baton Rouge Investors. There are three duplexes and 2 cottages. IT also has a large parking lot on Lot 92 and an extra small lot between the two single family cottages. There was another cottage at one time between the other cottages and it burned down years ago. One of the few rentals in the area that actually have their own parking lot for tenants. Duplexes are all leased and one of the cottages is available now for rent. The seller is selling all the property together and will not split the lots to subdivide. Appraisals have been done this year for the Estate. All leases must be honored until their expiration dates. Happy to furnish copies of leases and rental amounts.
  • Listed by: Vicki M Spurlock 225.928.2222 vicki@locationsrealestate.com • Locations Real Estate
  • Listed by: Adrien Flaherty 225.928.2222 adrien@locationsrealestate.com • Locations Real Estate
Listing closed: 11/26/2020 12:00 AM • Source: ROAM MLS, MLS#: BR2019020679

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$4,525 per month

30 year fixed, 7.03% Interest

Principal and Interest

$4,271

Property Taxes

$254

HOA Dues

$0

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Property Information for 823 Costello Lane

Property Details
Building Information
  • Stories: 1
  • Residences: 8
  • Lot Size: 0.03 AC / 1,089 SF
Summary
Location and General Information
  • Directions: Take N. 8th Street north and cross over Spanish Town Road. Go to Lakeland Dr. and trun to the left to go to Costello Lane. Property sits on both sides of the corner of Costello Lane and Lakeland Drive.
  • Latitude: 30.46
  • Longitude: -91.18
  • MLS Area Minor: EAST BATON ROUGE
  • In City Limits: Yes
  • Local Area: EBR MLS Area 50
Parking
  • Parking Features: Parking Lot, Varies By Unit
  • Parking Total: 8.00
School Information
  • School District: East Baton Rouge
  • High School: East Baton Rouge
  • Elementary School: East Baton Rouge
  • Middle School: East Baton Rouge
Taxes and HOA
  • Association: No
  • Tax Legal Description: Lot 91 & Lot 92, Ward 1, Spanish Town
  • Tax Lot: 91 & 92
Property
Lot Information
  • Building Area Total: 4434.0
  • Living Area Source: Appraiser
  • Lot Features: Corner Lot, Level
  • Lot Size Acres: 0.025
  • Lot Size Dimensions: 50x157 & 50x202
Property and Assessments
  • Property Type: MULTI FAMILY FOR SALE
  • Mineral Rights: Negotiable
  • Apx Age: 51-75 Years
  • Spec List Type Disclosure: Sellers elect to sell property with full waiver of warranty & Redhibition rights at Act of Sale per LAC.C. art. 2520 and LAC.C. art. 2541. Please have buyer check appropriate section on P.A. entitled Waiver of Warranty
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
  • Individual Meters: 1
Interior and Exterior Features
Exterior Features
  • Construction Materials: Asbestos, Frame, Wood Siding
  • Exterior Features: Lighting
  • Foundation Details: Pillar/Post/Pier
  • Roof: Asphalt
  • Stories: 1
  • Number Of Buildings: 5
Interior Features
  • Appliances: Gas Cooktop
  • Bathrooms Full: 2
  • Bathrooms Partial: 0
  • Bedrooms Total: 3
  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Flooring: Wood
  • Heating: Natural Gas
  • Other Equipment: Cable Available, Ceiling Fans, Individual Meter
  • Bathrooms Total Integer: 2
  • Hash Tag Heat Units: 8
  • Hash Tag AC Units: 8
Multi Family
Multi Family Information
  • Number Of Units Total: 8
Rental
Rent Information
  • Tenant Pays: Electricity, Gas, Sewer, Water
  • Total Actual Rent: 5400

Property History for 823 Costello Lane

DateEvent & SourcePriceAppreciation
Nov 26, 2020

Sold

ROAM MLS #BR2019020679

—
Oct 20, 2020

Contract Signed

ROAM MLS #BR2019020679

—
Dec 19, 2019

Listed (Active)

ROAM MLS #BR2019020679

$800,000—
DateEvent & SourcePrice
11/26/2020

Sold

ROAM MLS #BR2019020679

—
10/20/2020

Contract Signed

ROAM MLS #BR2019020679

—
12/19/2019

Listed (Active)

ROAM MLS #BR2019020679

$800,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 823 Costello Lane

Taxable ValueLand$7,500Additions$15,614Total$23,114
Tax Record2025$3,053 ($254 / month)
Home Facts
Beds0Total Finished SqFt1,651 SqFtAbove Grade Finished SqFt1,651 SqFtStyleSingle Family ResidenceCountyEAST BATON ROUGEAPN23094

Schools near 823 Costello Lane

This home is within East Baton Rouge Parish School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Charter - K to 12
Charter - K to 9
Charter - K to 9
Rating
School
Distance
Park Elementary School
PublicPK to 8

IDEA Innovation
CharterK to 12

Helix Aviation Academy
CharterK to 9

IDEA University Prep
CharterK to 9

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Locations Real Estate

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of ROAM MLS, Gulf Coast Association of REALTORS, REALTOR Association of Acadiana and South West Louisiana Association of REALTORS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Compass are identified with the ROAM MLS, Gulf Coast Association of REALTORS, REALTOR Association of Acadiana and South West Louisiana Association of REALTORS Logos. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by ROAM MLS, Gulf Coast, REALTOR Association of Acadiana and South West Louisiana Association of REALTORS.Listing information Copyright© 2026 MLS of ROAM, Gulf Coast, REALTOR Association of Acadiana and South West Louisiana Multiple Listing Service, Inc. All Rights Reserved.