5407 Nicholson Drive – Baton Rouge, LA
Fourplex 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 property
Fully rented with leases
Minutes to Tiger Stadium and dining options
Access to campus, public transportation, and major roadways
Down payment grants may be available for qualified buyers
An income-producing property with tenants already in place and immediate revenue.
Active
$425,000
5407 Nicholson Dr, Baton Rouge, LA 70820
8beds
4,000sqft
Est.:
Quadruplex, Multi Family, Multi Family
Built in 1980
-- sqft lot
$407,000 Zestimate®
$106/sqft
$-- HOA
What's special
Four-unit multifamily property
- 55 days |
- 398 |
- 24 |
Zillow last checked: 7 hours ago
Listing updated: January 24, 2026 at 04:10pm
Listed by:
Kendall Plain 225-571-5958,
Plain & Associates LLC 225-571-5958
Source: GSREIN,MLS#: 2539837
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
- Full bathrooms: 4
- 1/2 bathrooms: 4
Heating
- Central
Cooling
- Central Air
Interior area
- Total interior livable area: 4,000 sqft
Property
Parking
- Total spaces: 3
- Parking features: Three or more Spaces
Features
- Levels: Two
- Stories: 2
Lot
- Features: City Lot, Rectangular Lot
Details
- Parcel number: Unk
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Quadruplex, Multi Family, Multi Family
Materials
- Brick
- Foundation: Slab
- Roof: Shingle
Condition
- Excellent
- Year built: 1980
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Baton Rouge
Financial & listing details
- Price per square foot: $106/sqft
- Tax assessed value: $384,800
- Annual tax amount: $4,643
- Date on market: 1/24/2026
Estimated market value
$407,000
$387,000 - $427,000
$1,429/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/24/2026 | Listed for sale | $425,000+0.3%$106/sqft |
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| 1/1/2026 | Listing removed | $423,845$106/sqft |
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| 12/6/2025 | Price change | $423,8450%$106/sqft |
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| 10/30/2025 | Price change | $423,8470%$106/sqft |
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| 10/16/2025 | Price change | $423,8490%$106/sqft |
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| 9/27/2025 | Price change | $423,8500%$106/sqft |
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| 8/7/2025 | Price change | $423,8950%$106/sqft |
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| 6/4/2025 | Price change | $423,8990%$106/sqft |
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| 5/29/2025 | Price change | $423,9000%$106/sqft |
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| 5/12/2025 | Price change | $423,9990%$106/sqft |
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| 4/23/2025 | Price change | $424,000-0.1%$106/sqft |
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| 3/29/2025 | Price change | $424,3000%$106/sqft |
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| 3/25/2025 | Price change | $424,4000%$106/sqft |
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| 3/19/2025 | Price change | $424,500-0.1%$106/sqft |
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| 3/13/2025 | Price change | $424,8990%$106/sqft |
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| 2/23/2025 | Price change | $424,9000%$106/sqft |
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| 2/12/2025 | Price change | $425,0000%$106/sqft |
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| 1/30/2025 | Price change | $425,001+0%$106/sqft |
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| 12/24/2024 | Listed for sale | $425,000$106/sqft |
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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$106/sqft |
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| 1/10/2023 | Listed for sale | $425,000$106/sqft |
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| 1/9/2023 | Pending sale | $425,000$106/sqft |
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| 1/4/2023 | Listed for sale | $425,000$106/sqft |
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| 2/3/2020 | Listing removed | $685 |
Source: Sage Property Management Report a problem | ||
| 10/3/2019 | Sold | -- |
Source: Public Record Report a problem | ||
| 5/30/2017 | Sold | -- |
Source: | ||
| 3/18/2004 | Sold | -- |
Source: Public Record Report a problem | ||
| 7/1/1998 | Sold | -- |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 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
BuyAbility℠ payment
Est. payment
$2,311/mo
Principal & interest
$2038
Property taxes
$273
More affordability tools
Climate risks
Neighborhood: South Campus
Nearby schools
GreatSchools rating
- 6/10Highland Elementary SchoolGrades: PK-5Distance: 1.3 mi
- 6/10Glasgow Middle SchoolGrades: 6-8Distance: 2.2 mi
- 2/10Mckinley Senior High SchoolGrades: 9-12Distance: 2.4 mi
Local experts in 70820
- Louisiana
- East Baton Rouge Parish
- Baton Rouge
- 70820
- South Campus
- 5407 Nicholson Dr









