863 Hammond Manor Dr, Baton Rouge, LA 70816
Local realty services provided by:Better Homes and Gardens Real Estate Rhodes Realty
863 Hammond Manor Dr,Baton Rouge, LA 70816
$379,000
- - Beds
- - Baths
- 3,958 sq. ft.
- Multi-family
- Active
Listed by: miguel a castro
Office: castro real estate services, llc.
MLS#:BR2026008557
Source:LA_RAAMLS
Price summary
- Price:$379,000
- Price per sq. ft.:$95.76
About this home
This meticulously maintained quadplex offers an investor a turnkey opportunity with consistent, proven cash flow. While Unit D is currently in lease-up, the asset historically maintains near-full occupancy. Investment Highlight Proven Performance: Long-term history of stable occupancy and reliable revenue. Value-Add Potential: Current rents sit below the market ceiling. Similar properties on the same street are currently achieving $1,050 per month, providing a clear path for the new owner to increase NOI through strategic renewals and market adjustments. Asset Quality: The building has been expertly managed, ensuring minimal deferred maintenance for the incoming purchaser. Pro Forma Summary Current Status: 75% Occupied (Unit D in transition) Market Rent Potential: $1,050/unit Property Type: Multi-Family (4-Unit) Please DO NOT disturb tenants. Refer all inquiries to: miguel@castrorealestateservices.com
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Home facts
- Listing ID #:BR2026008557
- Added:3 day(s) ago
- Updated:May 12, 2026 at 03:12 PM
Rooms and interior
- Living area:3,958 sq. ft.
Heating and cooling
- Cooling:AC Unit(s), Central Air
- Heating:Central Heat, Heat Unit(s)
- Central air:Yes
Structure and exterior
- Building area:3,958 sq. ft.
- Lot area:0.18 Acres
- Construction Materials:Brick
- Foundation Description:Slab
Finances and disclosures
- Price:$379,000
- Price per sq. ft.:$95.76
Parking
- Total parking spaces:8
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