For sale

$469,900

Est. $3,339/mo —

—

•

— ba

•

3,134

sq ft

1932 - 1938 Oleander St, Baton Rouge, LA 70806

About this home

Historic-era Garden District Income-Producing Four-Plex! Beautifully maintained and updated, this unique property offers four rental units in a highly desirable location. Tenants love the proximity to LSU, the LSU lakes, BREC Parks & golf course, Government street nightlife & Restaurants. The property includes a two-story front duplex with spacious screened-in porches, a rear one-bedroom unit, and a one-bedroom garage apartment above a two-car carport. A shared driveway provides access to rear parking and the alley. Currently fully leased with a strong rental history. All existing leases will be honored through their entirety. Current rents: 1938 – 2BR/1BA, furnished, $1,680/month including Wi-Fi, leased through 4/30/27; 1936 – 2BR/1BA, $1,400/month, leased through 6/30/27; 1934 – 1BR/1BA efficiency, $700/month, leased through 12/31/26; 1932 – 1BR/1BA, $800/month, leased through 5/31/27. Total current rental income: $4,500/month ($54,000 annually). A fantastic investment opportunity in one of Baton Rouge’s most sought-after historic neighborhoods! Property did not flood & does not require flood insurance.

Multi-familyProperty Type

4,791 sq ftLot Size

$150Price/Sq.Ft.

4 spacesParking

Listed by Laura Buck Smith • The Market Real Estate Co

Listed by Valerie Desselles • The Market Real Estate Co

Listing updated: Sep 8, 2026 at 05:32pm

Redfin checked: a minute ago

•Source:GBRMLS #2026015713

Payment calculator

$3,339 per month

Principal and interest$2,533

Property taxes

$435

HOA dues

Home insurance

$372

Utilities

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See this home in person

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Next available date: Tuesday, September 15

Open houses

No upcoming open houses.

Nearby open houses (10)

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OPEN SUN, 2PM TO 4PM
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Around this home

Schools

K - 12
Preschool & daycare

The Dufrocq School

Public PreK-5 • Assigned • 0.2mi

4/10

Westdale Middle School

Public 6-8 • Assigned • 2.1mi

4/10

Mckinley Senior High School

Public 9-12 • Assigned • 1.4mi

2/10

Provided by GreatSchools

About Roseland

Terrace

Roseland Terrace, located between Government Street and Florida Boulevard, is a residential and historic Baton Rouge neighborhood with mid-century ranch homes and leafy, sidewalk-lined blocks. The neighborhood’s character concentrates around the Government Street corridor near Jefferson Highway, where porch-lit eateries, small galleries, and local bars set an after-work rhythm. Architectural details lean toward low-slung brick facades, deep carports, and generous front lawns that soften the street grid. City Park and the Baton Rouge Gallery add a cultural counterpoint to the everyday calm. The annual Mid City Makers Market at Circa 1857 brings a craft-forward pulse to nearby weekends. A short drive south, the LSU Museum of Art anchors bigger-city programming without changing the neighborhood’s quiet tone.

Provided by Walk Score and Local Logic

Market insights

1932 - 1938 Oleander St · $469,900

DAYS ON MARKET

The average home goes pending in 93 days.

SALE-TO-LIST

Most homes are selling 9% below list price.

LIST PRICE

Median list price in this area is $251,200. (47% lower than this home)

PRICE DROP

19% of homes in this area have had a price drop in the past month.

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Dining

Interior features
Washer/Dryer
Microwave
Refrigerator
Ceiling fan(s)
Window unit(s)
Smoke detector(s)

Kitchen
Microwave
Refrigerator

Laundry & utility
Washer/Dryer

Flooring
Tile
Wood
Ceramic tile

Heating & cooling
Natural gas heating
Radiant heating
Ceiling fans
Window air conditioning units

Sale and tax history for 1932 - 1938 Oleander St

Sale History
Tax History

Date

Event

Price

GBRMLS #2026015713

Sep 8, 2026

Relisted

—

Sep 3, 2026

Pending

—

Aug 25, 2026

Listed

$469,900

$150/sq ft

AcadianaMLS #BR2026015713

Sep 8, 2026

Relisted

—

Sep 3, 2026

Pending

—

Aug 25, 2026

Listed

$469,900

$150/sq ft

+33

Historic-era Garden District Income-Producing Four-Plex! Beautifully maintained and updated, this unique property offers four rental units in a highly desirable location. Tenants love the proximity to LSU, the LSU lakes, BREC Parks & golf course, Government street nightlife & Restaurants. The property includes a two-story front duplex with spacious screened-in porches, a rear one-bedroom unit, and a one-bedroom garage apartment above a two-car carport. A shared driveway provides access to rear parking and the alley. Currently fully leased with a strong rental history. All existing leases will be honored through their entirety. Current rents: 1938 - 2BR/1BA, furnished, $1,680/month including Wi-Fi, leased through 4/30/27; 1936 - 2BR/1BA, $1,400/month, leased through 6/30/27; 1934 - 1BR/1BA efficiency, $700/month, leased through 12/31/26; 1932 - 1BR/1BA, $800/month, leased through 5/31/27. Total current rental income: $4,500/month ($54,000 annually). A fantastic investment opportunity in one of Baton Rouge's most sought-after historic neighborhoods! Property did not flood & does not require flood insurance.

APPFOLIO #5

Apr 13, 2026

Rental Removed

$1,600

$1/sq ft

Apr 9, 2026

Listed for Rent

$1,600

$1/sq ft

APPFOLIO #4

Mar 19, 2026

Rental Removed

$1,600

$1/sq ft

Mar 13, 2026

Listed for Rent

$1,600

$1/sq ft

APPFOLIO #3

Apr 8, 2026

Rental Removed

$1,600

$1/sq ft

Mar 19, 2026

Listed for Rent

$1,600

$1/sq ft

Mar 13, 2026

Rental Removed

$1,600

$1/sq ft

Jan 29, 2026

Price Changed

$1,600

$1/sq ft

Jan 10, 2026

Listed for Rent

$1,800

$1/sq ft

APPFOLIO #2

Jan 5, 2026

Rental Removed

$700

$0/sq ft

Dec 4, 2025

Listed for Rent

$700

$0/sq ft

APPFOLIO #1

Sep 11, 2024

Rental Removed

$750

$0/sq ft

Aug 7, 2024

Listed for Rent

$750

$0/sq ft

Public record

Public record
Zoning

Beds

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Baths

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Stories

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Lot width

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Lot depth

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Lot size

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Year renovated

—

Finished Sq. Ft.

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Unfinished Sq. Ft.

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Total Sq. Ft.

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Year built

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Style

Multi-Family (5+ Unit)

County

East Baton Rouge Parish

APN

—

Parking Spaces

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Basement

—

Accessible

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HOA Dues

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Garage

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Features

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Last updated by owner on Aug 23, 2024.

OLD TOWN REDEVELOPMENT

Single Family Residential Disrtict

The purpose of A2 is to permit low density single family residential development with a maximum of 5.8 units per acre. Accessory uses normally compatible with surrounding low density residential development may be permitted.

Zone overlays

Old Town Redevelopment Overlay District

Permitted uses

Include but are not limited to:

Housing-Single unit
Infrastructure
Public service
Park & open space

Climate risks

1/10 Flood Factor

Minimal risk 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

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Baton Rouge, LA • 70806

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

74/ 100

Good sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

7.8 hrs

5.3 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 1932 - 1938 Oleander St

We cannot show automated home-value estimates for this home.

Nearby homes have recently listed between $350,000 and $625,000.

Nearby comparable homes

The Redfin Estimate uses 4 recent nearby sales, priced between $350K to $625K.

SOLD JUN 2, 2026
$625,000 Last sold price
4 beds2.5 baths2,525 sq ft
2048 Myrtle Ave, Baton Rouge, LA 70806
$98/sq ft
larger lot
SOLD MAY 12, 2026
$350,000 Last sold price
3 beds2 baths1,660 sq ft
1966 Cherokee St, Baton Rouge, LA 70806
$61/sq ft
SOLD FEB 6, 2026
$350,000 Last sold price
3 beds2 baths2,272 sq ft
844 Park Blvd, Baton Rouge, LA 70806
$4/sq ft
larger lot
SOLD JUN 10, 2026
$375,000 Last sold price
3 beds2 baths1,778 sq ft
331 Hearthstone Dr, Baton Rouge, LA 70806
$61/sq ft
larger lot

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Early Access listings

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Details provided by GBRMLS and may not match the public record. Learn more.

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About this home

Payment calculator

Affordability tools

See this home in person

Nearby open houses (10)

Around this home

Schools

Market insights

Property details

Sale and tax history for 1932 - 1938 Oleander St

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 1932 - 1938 Oleander St

Early Access listings

Nearby similar homes

New listings for sale in 70806

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