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For sale
  • $425,000

    5407 Nicholson Dr, Baton Rouge, LA 70820

    8beds
    --sqft
    : 
    $2,923/mo
    Get pre-qualified
    Quadruplex
    Built in 1980
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA
    This home is also for rent. View listing

    What's special

    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.
    22 days
    103
    9

    Zillow last checked:

    Listing updated:

    Listed by:

    Kendall Plain,

    Plain & Associates LLC 225-571-5958

    Source: ROAM MLS,MLS#: 2539837MLS Logo

      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

        DateEventPrice
        1/24/2026Listed for sale$425,000+0.3%
        Source: GSREIN #2539837 Report a problem
        1/1/2026Listing removed$423,845
        Source: ROAM MLS #2024022647 Report a problem
        12/6/2025Price change$423,8450%
        Source: ROAM MLS #2024022647 Report a problem
        10/30/2025Price change$423,8470%
        Source: ROAM MLS #2024022647 Report a problem
        10/16/2025Price change$423,8490%
        Source: ROAM MLS #2024022647 Report a problem
        9/27/2025Price change$423,8500%
        Source: ROAM MLS #2024022647 Report a problem
        8/7/2025Price change$423,8950%
        Source: ROAM MLS #2024022647 Report a problem
        6/4/2025Price change$423,8990%
        Source: ROAM MLS #2024022647 Report a problem
        5/29/2025Price change$423,9000%
        Source: ROAM MLS #2024022647 Report a problem
        5/12/2025Price change$423,9990%
        Source: ROAM MLS #2024022647 Report a problem
        4/23/2025Price change$424,000-0.1%
        Source: ROAM MLS #2024022647 Report a problem
        3/29/2025Price change$424,3000%
        Source: ROAM MLS #2024022647 Report a problem
        3/25/2025Price change$424,4000%
        Source: ROAM MLS #2024022647 Report a problem
        3/19/2025Price change$424,500-0.1%
        Source: ROAM MLS #2024022647 Report a problem
        3/13/2025Price change$424,8990%
        Source: ROAM MLS #2024022647 Report a problem
        2/23/2025Price change$424,9000%
        Source: ROAM MLS #2024022647 Report a problem
        2/12/2025Price change$425,0000%
        Source: ROAM MLS #2024022647 Report a problem
        1/30/2025Price change$425,001+0%
        Source: ROAM MLS #2024022647 Report a problem
        12/24/2024Listed for sale$425,000
        Source: ROAM MLS #2024022647 Report a problem
        6/5/2023Listed for rent$1,100+60.6%
        Source: Zillow Rentals Report a problem
        3/9/2023Sold--
        Source: ROAM MLS #2023000156 Report a problem
        1/19/2023Pending sale$425,000
        Source: ROAM MLS #2023000156 Report a problem
        1/10/2023Listed for sale$425,000
        Source: ROAM MLS #2023000156 Report a problem
        1/9/2023Pending sale$425,000
        Source: ROAM MLS #2023000156 Report a problem
        1/4/2023Listed for sale$425,000
        Source: ROAM MLS #2023000156 Report a problem
        2/3/2020Listing removed$685
        Source: Sage Property Management Report a problem
        9/30/2019Sold--
        Source: ROAM MLS #2019012401 Report a problem
        5/30/2017Sold--
        Source: ROAM MLS #2017002509 Report a problem
        3/18/2004Sold--
        Source: Public Record Report a problem
        7/1/1998Sold--
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: South Campus

        Getting around

        46 / 100
        Car-Dependent

        Nearby schools

        GreatSchools rating

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