$324,900
$5K PRICE DROP

Estimated payment $1,994/month

Total Views 7,636
-- Bed
-- Bath
4,000 Sq Ft
$81 Price per Sq Ft

About This Home

DOWNPAYMENT GRANTS ARE AVAILABLE! Investment Opportunity: Turn-Key Fourplex at 14121 Azalea Park! Discover this incredible fourplex, an investor's dream and a fantastic option for owner-occupants! Each unit features 2 spacious bedrooms and 2 bathrooms, already rented out at $750-$950 per unit, providing instant income. This property is a cash-flow powerhouse, fully leased and meticulously maintained--perfect for the savvy investor or someone looking to live in one unit while renting out the rest. Why You'll Love This Investment: Turn-Key & Fully Occupied: All units are occupied with reliable tenants, bringing in over $3,000 per month in rental income. Prime Location: Situated in a desirable neighborhood, attracting quality tenants and offering excellent appreciation potential. Investor-Friendly Financing: Take advantage of DSCR (Debt Service Coverage Ratio) loans, allowing investors to qualify based on rental income alone--no income documentation required. Owner-Occupant Benefits: For those wanting to live on-site, down payment grants and incentives make it even easier to call 14121 Azalea Park home. Whether you're looking to expand your portfolio or dive into homeownership with built-in rental income, this property delivers on every level. Don't miss this cash cow!

Listing Agent

Kendall Plain

Plain & Associates LLC License #0995684726 Listed on: 10/30/2024

Map

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,393

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2
  • Lot Size: 100 * 300
  • Subdivision Name: Azalea Park
  • Building Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Electric Range

Exterior Features

  • Construction Type: Brick
  • Foundation Details: Slab

Garage/Parking

  • Total Parking Spaces: 8

Utilities

  • Cooling: Central Air, AC Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Heat Unit(s)
  • Heating Yn: Yes

Schools

  • Junior High Dist: East Baton Rouge

Lot Info

  • Lot Size Sq Ft: 8712

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Lot: 10

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,393 $25,830 $1,000 $24,830
2023 $2,393 $22,330 $1,000 $21,330
2022 $2,923 $22,330 $1,000 $21,330
2021 $2,760 $21,400 $1,000 $20,400
2020 $2,791 $21,400 $1,000 $20,400
2019 $2,321 $17,900 $1,000 $16,900
2018 $2,294 $17,900 $1,000 $16,900
2017 $2,294 $17,900 $1,000 $16,900
2016 $1,543 $11,985 $1,000 $10,985
2015 $2,241 $17,900 $1,000 $16,900
2014 $2,233 $17,900 $1,000 $16,900
2013 -- $17,900 $1,000 $16,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2025 08/02/25 Price Changed $324,900 0.0% $81 / Sq Ft
07/09/2025 07/09/25 Price Changed $325,000 -0.1% $81 / Sq Ft
07/01/2025 07/01/25 Price Changed $325,300 0.0% $81 / Sq Ft
06/14/2025 06/14/25 Price Changed $325,400 0.0% $81 / Sq Ft
06/04/2025 06/04/25 Price Changed $325,500 -0.1% $81 / Sq Ft
05/30/2025 05/30/25 Price Changed $325,900 -0.1% $81 / Sq Ft
05/12/2025 05/12/25 Price Changed $326,300 -0.1% $82 / Sq Ft
05/04/2025 05/04/25 Price Changed $326,499 0.0% $82 / Sq Ft
04/23/2025 04/23/25 Price Changed $326,500 -0.1% $82 / Sq Ft
03/29/2025 03/29/25 Price Changed $326,900 0.0% $82 / Sq Ft
03/25/2025 03/25/25 Price Changed $326,999 0.0% $82 / Sq Ft
03/19/2025 03/19/25 Price Changed $327,000 -0.3% $82 / Sq Ft
03/13/2025 03/13/25 Price Changed $327,900 0.0% $82 / Sq Ft
03/06/2025 03/06/25 Price Changed $327,999 0.0% $82 / Sq Ft
02/27/2025 02/27/25 Price Changed $328,000 -0.2% $82 / Sq Ft
02/05/2025 02/05/25 Price Changed $328,497 0.0% $82 / Sq Ft
01/30/2025 01/30/25 Price Changed $328,498 0.0% $82 / Sq Ft
01/22/2025 01/22/25 Price Changed $328,499 0.0% $82 / Sq Ft
01/15/2025 01/15/25 Price Changed $328,500 -0.2% $82 / Sq Ft
12/19/2024 12/19/24 Price Changed $329,000 -0.2% $82 / Sq Ft
12/17/2024 12/17/24 Price Changed $329,500 -0.1% $82 / Sq Ft
12/04/2024 12/04/24 Price Changed $329,900 0.0% $82 / Sq Ft
11/23/2024 11/23/24 Price Changed $329,999 0.0% $82 / Sq Ft
10/30/2024 10/30/24 For Sale $330,000 -- $83 / Sq Ft
Source: Greater Baton Rouge Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $235,000 Accelerated Title
Warranty Deed $178,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $230,743 FHA
Closed $9,229 Stand Alone Second
Previous Owner $127,800 New Conventional
Previous Owner $143,100 New Conventional
Previous Owner $26,855 Stand Alone Second
Source: Public Records

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Source: Greater Baton Rouge Association of REALTORS®

MLS Number: BR2024020065

APN: 00049042