5407 Nicholson Drive – Baton Rouge, LAFourplex located on Nicholson Drive with access to Louisiana State University and minutes to world-renowned Tiger Stadium and surrounding restaurants. This fully leased, income-producing property provides immediate rental income with tenants already in place.This property brings in over $4000 per month in income. Each unit is occupied under leases, offering consistent cash flow from day one. The location supports steady rental demand for student and workforce housing.This property presents an opportunity to acquire multifamily real estate with existing income in a well-established rental corridor. Buyers may qualify for down payment assistance or grant programs, subject to lender guidelines.Property Features:Four-unit multifamily propertyFully rented with leasesMinutes to Tiger Stadium and dining optionsAccess to campus, public transportation, and major roadwaysDown payment grants may be available for qualified buyersAn income-producing property with tenants already in place and immediate revenue.
For sale
$425,000
5407 Nicholson Dr, Baton Rouge, LA 70820
8beds
--sqft
Quadruplex
Built in 1980
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 22 days
- 103
- 9
Zillow last checked:
Listing updated:
Listed by:
Kendall Plain,
Plain & Associates LLC 225-571-5958
Source: ROAM MLS,MLS#: 2539837
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
- Full bathrooms: 4
- 1/2 bathrooms: 4
Heating
- Central
Cooling
- Central Air
Interior area
- Total structure area: 4,000
Video & virtual tour
Property
Parking
- Total spaces: 3
Lot
- Features: Other
Details
- Parcel number: Unk
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Quadruplex
Materials
- Brick
- Foundation: Slab
Condition
- Year built: 1980
- Major remodel year: 1980
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Available
Community & HOA
Location
- Region: Baton Rouge
Financial & listing details
- Tax assessed value: $384,800
- Annual tax amount: $4,853
- Date on market: 1/24/2026
Estimated market value
Not available
Estimated sales range
Not available
$1,179/mo
Price history
| Date | Event | Price |
|---|---|---|
| 1/24/2026 | Listed for sale | $425,000+0.3% |
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| 1/1/2026 | Listing removed | $423,845 |
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| 12/6/2025 | Price change | $423,8450% |
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| 10/30/2025 | Price change | $423,8470% |
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| 10/16/2025 | Price change | $423,8490% |
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| 9/27/2025 | Price change | $423,8500% |
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| 8/7/2025 | Price change | $423,8950% |
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| 6/4/2025 | Price change | $423,8990% |
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| 5/29/2025 | Price change | $423,9000% |
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| 5/12/2025 | Price change | $423,9990% |
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| 4/23/2025 | Price change | $424,000-0.1% |
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| 3/29/2025 | Price change | $424,3000% |
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| 3/25/2025 | Price change | $424,4000% |
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| 3/19/2025 | Price change | $424,500-0.1% |
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| 3/13/2025 | Price change | $424,8990% |
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| 2/23/2025 | Price change | $424,9000% |
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| 2/12/2025 | Price change | $425,0000% |
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| 1/30/2025 | Price change | $425,001+0% |
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| 12/24/2024 | Listed for sale | $425,000 |
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| 6/5/2023 | Listed for rent | $1,100+60.6% |
Source: Zillow Rentals Report a problem | ||
| 3/9/2023 | Sold | -- |
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| 1/19/2023 | Pending sale | $425,000 |
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| 1/10/2023 | Listed for sale | $425,000 |
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| 1/9/2023 | Pending sale | $425,000 |
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| 1/4/2023 | Listed for sale | $425,000 |
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| 2/3/2020 | Listing removed | $685 |
Source: Sage Property Management Report a problem | ||
| 9/30/2019 | Sold | -- |
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| 5/30/2017 | Sold | -- |
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| 3/18/2004 | Sold | -- |
Source: Public Record Report a problem | ||
| 7/1/1998 | Sold | -- |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,853 +4.5% | $38,480 |
| 2024 | $4,643 +78.8% | $38,480 +37.9% |
| 2023 | $2,597 -0.2% | $27,900 |
| 2022 | $2,602 +2.2% | $27,900 |
| 2021 | $2,547 +0.5% | $27,900 |
| 2020 | $2,535 -36.6% | $27,900 -13% |
| 2019 | $3,999 +1.2% | $32,080 |
| 2018 | $3,950 | $32,080 +123.6% |
| 2017 | $3,950 +123.6% | $14,350 |
| 2016 | $1,767 +2.5% | $14,350 +2.1% |
| 2015 | $1,724 +2.5% | $14,050 |
| 2014 | $1,683 | $14,050 |
Find assessor info on the county website
Monthly payment
Est. payment








