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For sale
  • $423,999

    5407 Nicholson Dr, Baton Rouge, LA 70820

    10beds
    --baths
    4,000sqft
    : 
    Quadruplex, Multi Family
    Built in ----
    -- sqft lot
    $-- Zestimate®
    $106/sqft
    $-- HOA

    What's special

    Modern finishesGenerously sized bedroomsSpacious layouts
    DOWNPAYMENT GRANTS ARE AVAILABLE! Investor’s Goldmine – Fully Rented 4-Unit Property Near Tiger Stadium! Located at 5407 Nicholson Drive, Baton Rouge, LA 70820, this 4-unit multifamily property is a rare find for savvy investors. Boasting a monthly rental income of $3,950, this property is already at full occupancy, making it a turnkey cash cow ready to generate returns from day one. Why This Property Stands Out Prime Location: Just minutes from LSU and the iconic Tiger Stadium, this property is perfectly situated to attract students, professionals, and sports fans. It's also conveniently located near major bus lines for easy commuting and just a short drive to Baton Rouge’s popular shopping destinations, including the Mall of Louisiana. Renovated and Updated: All four units have been recently upgraded with modern finishes, including fresh paint, durable flooring, and updated kitchens featuring sleek countertops and appliances. These updates ensure tenant satisfaction and low vacancy rates. Spacious Layouts: Each unit features 2 generously sized bedrooms and 1.5 bathrooms, offering tenants the space and comfort they desire. The open living areas and functional designs make these units highly desirable. Investment Highlights Strong Rental Income: Generating $3,950 monthly in rental income, this property provides an excellent return on investment. Proximity to Attractions: The property’s location near LSU and Tiger Stadium ensures a steady pool of potential renters. Plus, with shopping, dining, and entertainment options nearby, tenants have everything they need within reach. Low Maintenance: With recent renovations, this property is positioned to require minimal upkeep, allowing you to focus on maximizing your investment. High Demand Area: Properties in this area are consistently in demand, making it an ideal long-term investment opportunity. This is a rare opportunity to own a fully rented, income-generating property in one of Baton Rouge’s most desirable locations.
    146 days
    on Zillow
    |
    199
    |
    19
    |

    Likely to sell faster than

    Zillow last checked: 7 hours ago

    Listing updated: May 11, 2025 at 10:01pm

    Listed by:

    Kendall Plain,

    Plain & Associates LLC 225-571-5958

    Source: ROAM MLS,MLS#: 2024022647MLS Logo
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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    Kitchen
    • Features: Pantry
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Microwave, Range/Oven, Refrigerator
    Interior area
    • Total structure area: 4,000
    • Total interior livable area: 4,000 sqft

    Property

    Parking
    • Total spaces: 4
    Features
    • Stories: 2
    Lot
    • Size: 0.25 Acres
    Details
    • Parcel number: 00434698
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex, Multi Family
    Materials
    • Brick Siding, Brick
    • Foundation: Slab
    Condition
    • New construction: No

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Brightside Commons
    HOA
    • Has HOA: Yes
    Location
    • Region: Baton Rouge

    Financial & listing details

    • Price per square foot: $106/sqft
    • Tax assessed value: $279,000
    • Annual tax amount: $2,597
    • Price range: $424K - $424K
    • Date on market: 12/24/2024
    • Listing terms: Cash,Conventional,FHA,VA Loan
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