Fully renovated fourplex with strong rental income and all units currently occupied! This property features three 1BD/1BA units and one 2BD/1BA unit, generating a combined $3,040/month in rental income. Tenants are responsible for all utilities, helping maximize the property’s income potential. The building was completely renovated in 2025, including a new roof installed in 2025, with new plumbing and electrical systems installed in 2026. Each unit is equipped with window A/C units in every room. Whether you’re expanding your investment portfolio or looking for your first income-producing property, this well-maintained property is a great opportunity to add a solid asset to your portfolio.
Multi-familyProperty Type
1970Year Built
2,867 sq ftLot Size
$105Price/Sq.Ft.
8 spacesParking
Listed by Orlando Zavala Montes• Personal Touch Properties
Smiley Heights-Melrose East, located between Florida Boulevard and North Boulevard, is a historic and residential Baton Rouge neighborhood with mid-century ranch homes and mature tree canopies. The neighborhood’s character concentrates around the Government Street corridor near the Mid City Beer Garden, where patios, murals, and small storefronts set an after-hours hum. Architectural lines shift from tidy brick cottages to low-slung postwar houses on generous lots. Local staples such as Mid City Beer Garden, Rocca Pizzeria, and Baton Rouge Gallery anchor the area’s creative, food-forward rhythm. Side streets feel quieter, with pocket greens and front-porch streetscapes. Its central geography keeps daily errands oriented toward the Government Street spine.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Kitchen
Bedroom
Interior features
Walk-in closet
Bedrooms
Three 1-bedroom units and one 2-bedroom unit
Bathrooms
One full bathroom in each unit
Kitchen
Electric cooktop
Range
Refrigerator
Electric stove connection
Laundry & utility
Washer and dryer hookup in one unit
Flooring
Ceramic tile
Heating & cooling
Heating
Ceiling fans
Window-unit cooling
Exterior features
Additional land available
Home design
Quadruplex
Construction
Slab foundation
Shingle roof
Utilities
Public water
Public sewer
Financial info
Four units, all occupied
Reported rents: $750, $700, $700, and $890 per month
Tenants pay for cable TV, electricity, sewer, trash collection, and water
Electricity and solar
View estimated energy costs and solar savings for this home
The purpose of A4 is to permit high density multi-family developments with a maximum of 43.6 units per acre and must be located within an Urban/Walkable Character Area or in Regional and Employment Centers.
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Student
Infrastructure
Public service
Park & open space
Mar 27, 2026 • Final
Commercial
Remodel two units within a four-unit residential building.
Remodel
Mar 27, 2026 • Final
Commercial
Remodel a four-unit duplex building.
Electrical
Plumbing
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
3/10 Flood Factor
Estimated 10-14% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
8/10 Heat Factor
7 days above 108° expected this year, 20 days in 30 years
9/10 Wind Factor
99% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Baton Rouge, LA • 70806
Average low and high temperatures (°F)
61°
42°
72°
51°
78°
57°
83°
64°
85°
69°
92°
75°
93°
77°
92°
76°
91°
72°
83°
64°
76°
57°
67°
49°
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
92/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Baton Rouge. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10 hrs
6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1043 Monet Dr
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $175,000 and $269,000.
Nearby comparable homes
The Redfin Estimate uses 3 recent nearby sales, priced between $175K to $269K.