1932 - 1938 OLEANDER ST Baton Rouge, LA $ 469,900
1932 - 1938 OLEANDER ST
$ 469,900
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1932 - 1938 OLEANDER ST

Baton Rouge, LA, 70806
$ 469,900
Bedrooms-- Baths0.0

Monthly Estimate*

$ 3,245

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Multi-Family Home for sale in Baton Rouge, LA

for $469,900. This home was built in 1950 on a lot size of 0.11.

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. Measurements not warranted by Realtor, Agent, or Broker. Schedule your private showing today!

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Multi-Family Pending

Price

$ 469,900

Property Type

Multi-Family

Taxes

$ 0

Style

Colonial,Split Level

Lot Size

0.11

Year Built

1950

Town/City

Baton Rouge

County/Region

East Baton Rouge

MLS | Web ID

2026015713

Features
Interior
Interior Amenities Solid Surface Counters
Flooring Ceramic Tile Wood
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Total Baths 0
Heating-Radiant True
Heating-Natural Gas True
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General
Sewer Public Sewer
Heating Natural Gas Radiant
Cooling Ceiling Fan(s) Window Unit(s)
Utilities Cable Available
Roof Shingle
Appliances Microwave Electric Stove Connection Refrigerator
Architectural Style Colonial Split Level
Security Features Smoke Detector(s)
Construction Materials Frame Wood Siding
Year Built 1950
Tenant Pays Electricity Sewer Trash Collection Water
Stories Count 2
Property Subtype Quadruplex
Parcel Number 123242
Waterfront Features Walk To Water
County East Baton Rouge
New Construction N
Property Type Multifamily
HOA N
Attached Garage N
Subdivision Name Roseland Terrace
Garage Y/N Y
Status Pending
Directions From Perkins Rd to Park Blvd turn Right onto Oleander the home will be on the Right.
City Baton Rouge
Disclosures Property As Is
Senior Community Y/N N
High School District East Baton Rouge Parish
Number Of Units Total 4
MLS Area EBR MLS Area 51
Lot Size Units Acres
Lot Size Square Feet 4791.6
Carport Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor EBR MLS Area 51
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://youtu.be/OHtpFpTmv38?is=PQUu4CFnA-lj3KK2
Standard Status Pending
Occupancy Type Tenant
Year Built Source Appraiser
Tax Lot 8
Legal Description WARD: 1-1 SUBDIVISION: ROSELAND TERRACE LOT: 8 BLOCK: 8. WITH SERVITUDE.IMPS. GARAGE APT.
Water Body Access Y/N None
Accessibility Features Y/N None
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Exterior
Exterior Amenities Lighting
Fencing None
Parking Features On Street Varies by Unit
Lot Features Landscaped Level
Water Source Public
Total Parking 4.0
Lot Size Area 0.11
Foundation Details Pillar/Post/Pier Slab
Spa N
Lot Dimensions 40 x 120
Lot Size Acres 0.11
Waterfront Y/N Y
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 19321938
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* Excluded Features
List By
Laura Buck Smith

Listing Agent

Affordability Calculator

$3,245
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,245
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5583288 Elementary School
5584611 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/13/2026$469,900 Listed Price

Map


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1932 - 1938 OLEANDER ST, Baton Rouge, LA, 70806 is a Multi-Family Home for sale at $469,900 with a lot size of 0.11. 1932 - 1938 OLEANDER ST has 0.0 baths and was built in 1950. The property's zip code is 70806 which is in Baton Rouge, LA