For sale

$245,000

Est. $1,678/mo —

•

3,546

sq ft

2040 Iowa St, Baton Rouge, LA 70802

About this home

Discover unparalleled potential in this charming Fannie Mae property nestled in the heart of Baton Rouge, just moments from LSU and downtown off Nicholson Drive. This expansive residence boasts over 3,500 square feet of versatile living space, designed to accommodate and inspire. The main house features four generously sized bedrooms and two modern bathrooms, perfect for group living or hosting guests. A standout feature of this property is the additional guest house—complete with its own two baths—ideal for extended stays or as an income-generating rental unit. Imagine serene evenings spent exploring the massive backyard, offering a private oasis for relaxation or entertaining. This home's location offers unprecedented convenience; whether you're seeking the vibrant energy of campus life at Louisiana State University or the dynamic offerings of downtown Baton Rouge's dining and cultural experiences, everything is within reach. Positioned off Nicholson Dr. This home also offers a separate living area in the backyard. It includes a full kitchen, huge living area with two full bathrooms.

Single-familyProperty Type

1972Year Built

1.98 acresLot Size

$69Price/Sq.Ft.

2 spacesParking

Listed by Ted Major • Major Agency

Listing updated: Aug 31, 2026 at 09:07am

Redfin checked: a few seconds ago

•Source:GBRMLS #2026015446

Payment calculator

$1,678 per month

Principal and interest$1,288

Property taxes

$196

HOA dues

Home insurance

$194

Utilities

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Next available date: Saturday, September 5

Open houses

No upcoming open houses.

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Around this home

Schools

K - 12
Preschool & daycare

University Terrace Elementary School

Public 4-5 • Assigned • 0.5mi

Glasgow Middle School

Public 6-8 • Assigned • 2.9mi

6/10

Mckinley Senior High School

Public 9-12 • Assigned • 0.8mi

2/10

Provided by GreatSchools

About The

Bottom

The Bottom, located between Downtown Baton Rouge and the LSU campus, is a historic and residential Baton Rouge neighborhood with a river-adjacent setting and a street-grid feel. The neighborhood’s character concentrates around the Third Street corridor near North Boulevard, where patios, galleries, and late-night bites set a steady hum. Shotgun cottages and small Creole-style homes sit alongside newer infill, keeping the streetscape varied and walkable. The Shaw Center for the Arts and Manship Theatre anchor an arts-forward calendar. Nearby, the Riverfront Plaza and the Mississippi River levee path frame daily routines with open sky and water views. Coffee stops like Magpie Café and market runs at the Red Stick Farmers Market add a local rhythm.

Provided by Walk Score and Local Logic

Market insights

2040 Iowa St · $245,000

DAYS ON MARKET

The average home goes pending in 55 days.

SALE-TO-LIST

Most homes are selling 3% below list price.

LIST PRICE

Median list price in this area is $283,031. (16% higher than this home)

PRICE DROP

22% of homes in this area have had a price drop in the past month.

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Interior features
Walk-in closets
Built-in features

Bathrooms
2 full bathrooms
1 partial bathroom

Kitchen
Oven
Electric cooktop
Dishwasher
Disposal
Refrigerator

Laundry & utility
Washer hookup

Flooring
Tile
Carpet
Ceramic tile

Heating & cooling
Central heating
Central air
Ceiling fan(s)

Sale and tax history for 2040 Iowa St

Sale History
Tax History

Year

Property tax

Land + Additions

Assessment*

2025

$2,355 (+4.5%)

$1,232 + $17,438

$18,670

2024

$2,253 (+10.2%)

$1,232 + $17,438

$18,670

2023

$2,045 (−0.2%)

$1,100 + $15,570

$16,670

2022

$2,049 (+2.3%)

$1,100 + $15,570

$16,670

2021

$2,004 (−25.4%)

$1,100 + $15,570

$16,670

2020

$2,685 (+42.2%)

$1,100 + $15,570

$16,670

2019

$1,888 (+1.2%)

$1,000 + $14,150

$15,150

2018

$1,865

$1,000 + $14,150

$15,150

2017

$1,865 (+2.5%)

$1,000 + $14,150

$15,150

2016

$1,820 (+205.9%)

$1,000 + $14,150

$15,150

2014

$595

$800 + $10,850

$11,650

2013

$595

$800 + $10,850

$11,650

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

0.75 Acres

Year renovated

—

Finished Sq. Ft.

3,546

Unfinished Sq. Ft.

—

Total Sq. Ft.

3,546

Year built

—

Style

Single Family Residential

County

East Baton Rouge Parish

APN

005-4934-7

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on May 20, 2026.

DESIGN OVERLAY NICHOLSON DRIVE - CENTRAL

OLD TOWN REDEVELOPMENT

Single Family Residential Disrtict

The purpose of A1 is to permit low density single family residential development with a maximum of 4.1 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 • 70802

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

94/ 100

Exceptional sunlight

Sunscore

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

10.5 hrs

7.5 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 2040 Iowa St

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

Nearby homes have recently listed between $72,000 and $310,000.

Nearby comparable homes

The Redfin Estimate uses 4 recent nearby sales, priced between $72K to $310K.

SOLD AUG 28, 2026
$309,900 Last sold price
4 beds2.5 baths1,821 sq ft
938 W Garfield St, Baton Rouge, LA 70802
$101/sq ft
smaller lot
54 years newer
SOLD AUG 24, 2026
$120,000 Last sold price
3 beds1 bath1,323 sq ft
1455 W Chimes St, Baton Rouge, LA 70802
$22/sq ft
smaller lot
13 years newer
SOLD JUL 31, 2026
$72,000 Last sold price
3 beds1.5 baths1,089 sq ft
733 E Grant St, Baton Rouge, LA 70802
$3/sq ft
smaller lot
3 years older
SOLD MAY 22, 2026
$310,000 Last sold price
3 beds3 baths1,280 sq ft
315 S T. J. Jemison Blvd, Baton Rouge, LA 70802
$173/sq ft
smaller lot
51 years newer

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