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  • $425,000

    5407 Nicholson Dr, Baton Rouge, LA 70820

    8beds
    4,000sqft
    : 
    Quadruplex, Multi Family, Multi Family
    Built in 1980
    -- sqft lot
    $407,000 Zestimate®
    $106/sqft
    $-- HOA

    What's special

    Four-unit multifamily property
    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.
    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#: 2539837MLS Logo

    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
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        Estimated market value

        $407,000

        $387,000 - $427,000

        $1,429/mo

        Price history

        Price history
        DateEventPrice
        1/24/2026Listed for sale$425,000+0.3%$106/sqft
        Source: GSREIN #2539837 Report a problem
        1/1/2026Listing removed$423,845$106/sqft
        Source: ROAM MLS #2024022647 Report a problem
        12/6/2025Price change$423,8450%$106/sqft
        Source: ROAM MLS #2024022647 Report a problem
        10/30/2025Price change$423,8470%$106/sqft
        Source: ROAM MLS #2024022647 Report a problem
        10/16/2025Price change$423,8490%$106/sqft
        Source: ROAM MLS #2024022647 Report a problem
        9/27/2025Price change$423,8500%$106/sqft
        Source: ROAM MLS #2024022647 Report a problem
        8/7/2025Price change$423,8950%$106/sqft
        Source: ROAM MLS #2024022647 Report a problem
        6/4/2025Price change$423,8990%$106/sqft
        Source: ROAM MLS #2024022647 Report a problem
        5/29/2025Price change$423,9000%$106/sqft
        Source: ROAM MLS #2024022647 Report a problem
        5/12/2025Price change$423,9990%$106/sqft
        Source: ROAM MLS #2024022647 Report a problem
        4/23/2025Price change$424,000-0.1%$106/sqft
        Source: ROAM MLS #2024022647 Report a problem
        3/29/2025Price change$424,3000%$106/sqft
        Source: ROAM MLS #2024022647 Report a problem
        3/25/2025Price change$424,4000%$106/sqft
        Source: ROAM MLS #2024022647 Report a problem
        3/19/2025Price change$424,500-0.1%$106/sqft
        Source: ROAM MLS #2024022647 Report a problem
        3/13/2025Price change$424,8990%$106/sqft
        Source: ROAM MLS #2024022647 Report a problem
        2/23/2025Price change$424,9000%$106/sqft
        Source: ROAM MLS #2024022647 Report a problem
        2/12/2025Price change$425,0000%$106/sqft
        Source: ROAM MLS #2024022647 Report a problem
        1/30/2025Price change$425,001+0%$106/sqft
        Source: ROAM MLS #2024022647 Report a problem
        12/24/2024Listed for sale$425,000$106/sqft
        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$106/sqft
        Source: ROAM MLS #2023000156 Report a problem
        1/10/2023Listed for sale$425,000$106/sqft
        Source: ROAM MLS #2023000156 Report a problem
        1/9/2023Pending sale$425,000$106/sqft
        Source: ROAM MLS #2023000156 Report a problem
        1/4/2023Listed for sale$425,000$106/sqft
        Source: ROAM MLS #2023000156 Report a problem
        2/3/2020Listing removed$685
        Source: Sage Property Management Report a problem
        10/3/2019Sold--
        Source: Public Record 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

        Public tax history
        YearProperty taxesTax 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
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          Climate risks

          Neighborhood: South Campus

          Getting around

          47 / 100
          Car-Dependent
          54 / 100
          Bikeable

          Nearby schools

          GreatSchools rating

          Local experts in 70820

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