8220 Ned Ave Baton Rouge, LA 70820
Highlands/Perkins NeighborhoodEstimated payment $1,892/month
About This Home
Rare Investment Opportunity! Discover a unique chance to own three income-producing fourplexes — available individually or as a portfolio for an even greater return potential! All units are fully occupied with long-term tenants under one-year leases, offering immediate, steady cash flow from day one. Each building received a brand-new roof in 2024, and consistent preventive maintenance and updates have been completed since acquisition, ensuring peace of mind and minimal future expenses. These properties have been carefully managed and continuously improved, making them a turnkey investment with strong performance and room for growth. Whether you’re expanding your portfolio or stepping into multifamily ownership, this is a rare chance to secure stable income and long-term appreciation in a high-demand rental area. Opportunities like this don’t come often — act quickly before it’s gone!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,099
Lot Details
- 7,841 Sq Ft Lot
- Lot Dimensions are 60 x 132
Parking
- 6 Parking Spaces
Home Design
- Brick Exterior Construction
- Slab Foundation
- Wood Siding
Interior Spaces
- 3,692 Sq Ft Home
- 2-Story Property
Kitchen
- Electric Cooktop
- Dishwasher
Community Details
- Riverland Subdivision
Map
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 | $2,099 | $16,650 | $1,320 | $15,330 |
| 2023 | $2,099 | $15,610 | $1,320 | $14,290 |
| 2022 | $1,938 | $15,610 | $1,320 | $14,290 |
| 2021 | $1,904 | $15,610 | $1,320 | $14,290 |
| 2020 | $1,887 | $15,610 | $1,320 | $14,290 |
| 2019 | $1,333 | $10,250 | $1,200 | $9,050 |
| 2018 | $1,317 | $10,250 | $1,200 | $9,050 |
| 2017 | $1,317 | $10,250 | $1,200 | $9,050 |
| 2016 | $1,287 | $10,250 | $1,200 | $9,050 |
| 2015 | $1,257 | $10,000 | $1,200 | $8,800 |
| 2014 | $1,232 | $10,000 | $1,200 | $8,800 |
| 2013 | -- | $10,000 | $1,200 | $8,800 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/29/2025 10/29/25 | For Sale | $325,000 | -- | $88 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- | |
| Deed | -- | -- | |
| Special Warranty Deed | $66,000 | -- | |
| Warranty Deed | $135,000 | -- | |
| Deed | $84,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $341,519 | New Conventional | |
| Previous Owner | $120,000 | New Conventional | |
| Previous Owner | $121,500 | New Conventional | |
| Previous Owner | $85,000 | Purchase Money Mortgage | |
| Closed | $12,000 | No Value Available |
Source: Greater Baton Rouge Association of REALTORS®
MLS Number: 2025019961
APN: 00038385
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