14121 Azalea Park Ave Baton Rouge, LA 70816
Broadmoor/Sherwood NeighborhoodEstimated payment $1,926/month
Total Views
7,090
--
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!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,393
Year Built
- 1982
Lot Details
- 8,712 Sq Ft Lot
Parking
- 8 Parking Spaces
Home Design
- Brick Exterior Construction
- Slab Foundation
Interior Spaces
- 4,000 Sq Ft Home
- 2-Story Property
Kitchen
- Oven or Range
- Electric Cooktop
Community Details
- Azalea Park Subdivision
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 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 |
| 05/29/2025 05/29/25 | 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 |
| 03/01/2025 03/01/25 | Price Changed | $327,999 | 0.0% | $82 / Sq Ft |
| 02/23/2025 02/23/25 | Price Changed | $328,000 | -0.1% | $82 / Sq Ft |
| 02/19/2025 02/19/25 | Price Changed | $328,199 | -0.2% | $82 / Sq Ft |
| 12/19/2024 12/19/24 | Price Changed | $329,000 | -0.2% | $82 / Sq Ft |
| 12/12/2024 12/12/24 | 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
Similar Homes in Baton Rouge, LA
Source: Greater Baton Rouge Association of REALTORS®
MLS Number: 2024020065
APN: 00049042
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