5407 Nicholson Dr Baton Rouge, LA 70820
Highlands/Perkins NeighborhoodEstimated payment $2,738/month
Highlights
- Traditional Architecture
- Property is in excellent condition
- Rectangular Lot
- Central Heating and Cooling System
About This Home
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.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1980
Lot Details
- Rectangular Lot
- Property is in excellent condition
Parking
- 3 Parking Spaces
Home Design
- Quadruplex
- Traditional Architecture
- Entry on the 1st floor
- Brick Exterior Construction
- Slab Foundation
- Shingle Roof
Interior Spaces
- 4,000 Sq Ft Home
- Property has 2 Levels
Bedrooms and Bathrooms
- 8 Bedrooms
Additional Features
- City Lot
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number Unk
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $4,853 | $38,480 | $2,750 | $35,730 |
| 2024 | $4,853 | $38,480 | $2,750 | $35,730 |
| 2023 | $4,643 | $27,900 | $2,750 | $25,150 |
| 2022 | $3,430 | $27,900 | $2,750 | $25,150 |
| 2021 | $3,353 | $27,900 | $2,750 | $25,150 |
| 2020 | $3,323 | $27,900 | $2,750 | $25,150 |
| 2019 | $3,999 | $32,080 | $1,850 | $30,230 |
| 2018 | $3,950 | $32,080 | $1,850 | $30,230 |
| 2017 | $1,767 | $14,350 | $1,850 | $12,500 |
| 2016 | $1,724 | $14,350 | $1,850 | $12,500 |
| 2015 | $1,689 | $14,050 | $1,550 | $12,500 |
| 2014 | $1,683 | $14,050 | $1,550 | $12,500 |
| 2013 | -- | $14,050 | $1,550 | $12,500 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/24/2026 01/24/26 | For Sale | $425,000 | 0.0% | $106 / Sq Ft | |
| 07/17/2023 07/17/23 | Rented | $1,050 | +5.0% | -- | |
| 05/05/2023 05/05/23 | Price Changed | $1,000 | -4.8% | $1 / Sq Ft | |
| 04/07/2023 04/07/23 | Price Changed | $1,050 | -4.5% | $1 / Sq Ft | |
| 03/14/2023 03/14/23 | For Rent | $1,100 | 0.0% | -- | |
| 03/09/2023 03/09/23 | Sold | -- | -- | -- | View Prior Sale |
| 01/11/2023 01/11/23 | Pending | -- | -- | -- | |
| 01/10/2023 01/10/23 | For Sale | $425,000 | 0.0% | $106 / Sq Ft | |
| 01/08/2023 01/08/23 | Pending | -- | -- | -- | |
| 12/30/2022 12/30/22 | For Sale | $425,000 | +93.2% | $106 / Sq Ft | |
| 05/30/2017 05/30/17 | Sold | -- | -- | -- | View Prior Sale |
| 02/23/2017 02/23/17 | Pending | -- | -- | -- | |
| 02/21/2017 02/21/17 | For Sale | $220,000 | -- | $61 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $405,000 | Accelerated Title | |
| Deed | $267,000 | Bayou Title Inc | |
| Deed | $220,000 | Preferred Title Company | |
| Deed | $135,000 | -- | |
| Deed | $133,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $397,664 | FHA | |
| Previous Owner | $256,241 | FHA | |
| Previous Owner | $257,655 | FHA | |
| Previous Owner | $176,000 | New Conventional | |
| Previous Owner | $215,000 | Commercial | |
| Previous Owner | $100,000 | Commercial |
Source: ROAM MLS
MLS Number: 2539837
APN: 00434698
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- 5133 Nicholson Dr Unit B18
- 5101 Nicholson Dr Unit A15
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- 5131 Nicholson Dr Unit B12
- 5157 Etta St Unit 4C
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- 1500 Brightside Dr Unit B8
- 1684 Brightside Dr Unit D
- 1704 Brightside Dr Unit B
- 1734 Brightside Dr Unit D
- 1741 Brightside Dr Unit F7
- 1741 Brightside Dr Unit I 5
- 1741 Brightside Dr Unit K5
- 1724 S Brightside View Dr Unit H
- 1724 S Brightside View Dr Unit D
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Ask me questions while you tour the home.