Historic-era Garden District Income-Producing Four-Plex! Beautifully maintained and updated, this unique property offers four rental units in a highly desirable location. Tenants love the proximity to LSU, the LSU lakes, BREC Parks & golf course, Government street nightlife & Restaurants. The property includes a two-story front duplex with spacious screened-in porches, a rear one-bedroom unit, and a one-bedroom garage apartment above a two-car carport. A shared driveway provides access to rear parking and the alley. Currently fully leased with a strong rental history. All existing leases will be honored through their entirety. Current rents: 1938 – 2BR/1BA, furnished, $1,680/month including Wi-Fi, leased through 4/30/27; 1936 – 2BR/1BA, $1,400/month, leased through 6/30/27; 1934 – 1BR/1BA efficiency, $700/month, leased through 12/31/26; 1932 – 1BR/1BA, $800/month, leased through 5/31/27. Total current rental income: $4,500/month ($54,000 annually). A fantastic investment opportunity in one of Baton Rouge’s most sought-after historic neighborhoods! Property did not flood & does not require flood insurance. Measurements not warranted by Realtor, Agent, or Broker. Schedule your private showing today!
For sale
$469,900
1932-1938 Oleander St, Baton Rouge, LA 70806
--beds
0baths
--sqft
Quadruplex
Built in 1950
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Two-story front duplexSpacious screened-in porchesRear one-bedroom unit
- 70 days
- 181
- 17
Zillow last checked:
Listing updated:
Listed by:
Laura Buck Smith,
The Market Real Estate Co 225-953-8889,
Valerie Desselles,
The Market Real Estate Co
Source: ROAM MLS,MLS#: 2026015713
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Natural Gas, Radiant
Cooling
- Ceiling Fan(s), Window Unit(s)
Appliances
- Included: Microwave, Refrigerator, Electric Stove Connection
Features
- Solid Surface Counters
- Flooring: Ceramic Tile, Wood
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: On Street, Varies by Unit
- Has garage: Yes
- Has uncovered spaces: Yes
Features
- Exterior features: Lighting
- Fencing: None
- On waterfront: Yes
- Waterfront features: Walk To Water
Lot
- Size: 4,791 Square Feet
- Dimensions: 40 x 120
- Features: Landscaped, Level
Details
- Parcel number: 123242
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial,Split Level
- Property subtype: Quadruplex
Materials
- Frame, Wood Siding
- Foundation: Pillar/Post/Pier, Slab
- Roof: Shingle
Condition
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Roseland Terrace
HOA
- Has HOA: No
Location
- Region: Baton Rouge
Financial & listing details
- Date on market: 8/25/2026
- Tenant pays: Electricity, Sewer, Trash Collection, Water
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/8/2026 | Listed for sale | $469,900 |
Source: | ||
| 9/3/2026 | Pending sale | $469,900 |
Source: | ||
| 8/26/2026 | Listed for sale | $469,900 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment







