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