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.
South Campus, located between LSU’s main campus and the Mississippi River levee, is a residential and academic Baton Rouge neighborhood with oak-shaded streets and a bikeable grid. The neighborhood’s character concentrates along Highland Road near Lee Drive, where coffee counters, casual eateries, and campus-facing storefronts keep the sidewalks active. The Chimes Restaurant & Tap Room and Louie’s Cafe act as long-running local anchors for post-class plates and late-night conversation. Mid-century apartments and compact cottages mix with newer infill, giving blocks a lived-in, collegiate cadence. The LSU Lakes and the levee path shape daily routines with water views and long, flat routes for walking and cycling. Game-day traffic and weekday lectures add a steady pulse without changing the area’s laid-back feel.
Provided by Walk Score and Local Logic
Offer insights
5407 Nicholson Dr · $425,000
$422K and above
75% chance or better to win
Why $422K+ is a strong offer
DAYS ON MARKET
253 days
The average home goes pending in 32 days.
SALE-TO-LIST
93.6%
Most homes are selling 6% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Excellent condition
Bathrooms
4 full bathrooms
4 half bathrooms
Heating & cooling
Central heating
Central air conditioning
Exterior features
City lot
Rectangular lot
Home design
2-story home
Parking
Three or more parking spaces
Construction
Brick construction
Shingle roof
Slab foundation
Utilities
Public water
Public sewer
Electricity and solar
View estimated energy costs and solar savings for 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.
GBRMLS #2024022647
Dec 6, 2025
Price Changed
$423,845
$106/sq ft
Oct 30, 2025
Price Changed
$423,847
$106/sq ft
Oct 15, 2025
Price Changed
$423,849
$106/sq ft
Sep 27, 2025
Price Changed
$423,850
$106/sq ft
Aug 7, 2025
Price Changed
$423,895
$106/sq ft
Jun 3, 2025
Price Changed
$423,899
$106/sq ft
May 29, 2025
Price Changed
$423,900
$106/sq ft
May 12, 2025
Price Changed
$423,999
$106/sq ft
Apr 23, 2025
Price Changed
$424,000
$106/sq ft
Mar 29, 2025
Price Changed
$424,300
$106/sq ft
Mar 25, 2025
Price Changed
$424,400
$106/sq ft
Mar 18, 2025
Price Changed
$424,500
$106/sq ft
Mar 12, 2025
Price Changed
$424,899
$106/sq ft
Feb 23, 2025
Price Changed
$424,900
$106/sq ft
Feb 12, 2025
Price Changed
$425,000
$106/sq ft
Jan 29, 2025
Price Changed
$425,001
$106/sq ft
Dec 23, 2024
Listed
$425,000
$106/sq ft
AcadianaMLS #BR2024022647
Dec 6, 2025
Price Changed
$423,845
$106/sq ft
Oct 30, 2025
Price Changed
$423,847
$106/sq ft
Oct 15, 2025
Price Changed
$423,849
$106/sq ft
Sep 27, 2025
Price Changed
$423,850
$106/sq ft
Aug 7, 2025
Price Changed
$423,895
$106/sq ft
Jun 3, 2025
Price Changed
$423,899
$106/sq ft
May 30, 2025
Price Changed
$423,900
$106/sq ft
May 12, 2025
Price Changed
$423,999
$106/sq ft
Apr 23, 2025
Price Changed
$424,000
$106/sq ft
Mar 29, 2025
Price Changed
$424,300
$106/sq ft
Mar 25, 2025
Price Changed
$424,400
$106/sq ft
Mar 18, 2025
Price Changed
$424,500
$106/sq ft
Mar 12, 2025
Price Changed
$424,899
$106/sq ft
Feb 26, 2025
Price Changed
$424,900
$106/sq ft
Jan 30, 2025
Price Changed
$425,001
$106/sq ft
Dec 23, 2024
Listed
$425,000
$106/sq ft
Public Records
Mar 14, 2023
Sold
$405,000
$101/sq ft
GBRMLS #2023000156
Mar 9, 2023
Sold
*
Jan 19, 2023
Pending
—
Jan 10, 2023
Relisted
—
Jan 9, 2023
Pending
—
Dec 30, 2022
Listed
$425,000
$106/sq ft
AcadianaMLS #BR2023000156
Dec 30, 2022
Listed
$425,000
$106/sq ft
Public Records
Oct 3, 2019
Sold
$267,000
$67/sq ft
GBRMLS #2017002509
May 30, 2017
Sold
*
Feb 23, 2017
Pending
—
Feb 21, 2017
Listed
$220,000
$55/sq ft
AcadianaMLS #BR2017002509
Feb 21, 2017
Listed
$220,000
$55/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,853 (+4.5%)
$2,750 + $35,730
$38,480
2024
$4,643 (+35.7%)
$2,750 + $35,730
$38,480
2023
$3,422 (−0.2%)
$2,750 + $25,150
$27,900
2022
$3,430 (+2.3%)
$2,750 + $25,150
$27,900
2021
$3,353 (+0.9%)
$2,750 + $25,150
$27,900
2020
$3,323 (−16.9%)
$2,750 + $25,150
$27,900
2019
$3,999
$1,850 + $30,230
$32,080
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
7,639 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
4,392
Unfinished Sq. Ft.
—
Total Sq. Ft.
4,392
Year built
1984
Style
Single Family Residential
County
East Baton Rouge Parish
APN
004-3469-8
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 7, 2026.
C2
Heavy Commercial District
The purpose of C2 is to permit commercial uses serving the surrounding region.
Permitted uses
Include but are not limited to:
Automotive repair garage
Automotive sales
Gas station
Convenience store
General retail
Restaurant
Housing-Single unit
Housing-Multiple units
Hotel / motel
Office
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, 21 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 • 70820
Average low and high temperatures (°F)
60
42
71
51
77
57
81
64
84
69
90
76
92
77
92
76
90
72
83
64
75
57
67
49
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
94/ 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
7.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 5407 Nicholson Dr
$399,842
$25K under list price of $425K
Nearby comparable homes
The Redfin Estimate uses 4 recent nearby sales, priced between $390K to $525K.