863 HAMMOND MANOR DR, Baton Rouge, LA 70816 (MLS# BR2026008557)

863 HAMMOND MANOR DR, Baton Rouge, LA 70816

$379,000
Property Type: MultiFamily Square Footage: 3,958 Lot Size (sq. ft.): 7,841 Status: Active
Current Price: $379,000 List Date: 5/05/2026 Last Modified: 5/22/2026

Overview

Description

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

Listing Details MLS# BR2026008557

Listing Info

Delayed Marketing
No
Listing Price
379000
List Price/SqFt
95.76
Document Modified
2026-05-20 20:51:48.627461
Modification Timestamp
2026-05-22T20:35:33Z
Photo Modified
2026-05-08T23:02:47Z

Location Tax Legal Info

Street Number
863
Street Name
HAMMOND MANOR DR
Parish
East Baton Rouge
State
LA
Zip Code
70816
Area
EBR MLS Area 42
Tax Assessment Number
165077
Directions
Traveling north on Oneal Lane turn left on Old Hammond Hwy. Take the second left onto Hammond Manor. The 4plex will be half way down the street on the left.

General Property Description

Number of Units
4
SqFt - Total
3958
SqFt - Source
Approximate
Total Parking Spaces
8
# Heat Units
4
# AC Units
4
Individual Metered?
Yes
Lot Dimensions
65x137
Acres
0.18
Mineral Rights
Conveyed

Currently Not Used

Acreage Range
0 - 0.5

Originating Details

Originating System ID
ROAMP
Originating System Key
2026008557
Originating System Listing ID
2026008557
Originating System Name
ROAM Paragon

Location, Tax & Legal Info

School District
East Baton Rouge
Legal Desc
Lot 12 Hammond Manor

More Information

Remarks & Misc

Remarks
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

Office/Member/Contract Info

List AOR
GBRAR

Construction

Brick
Yes

Foundation

Slab
Yes

Heating

Central
Yes

Cooling

Central Air
Yes

Appliances

Electric Range
Yes

Financing

Conventional
Yes

Property Features

Construction: Brick Foundation: Slab Heating: Central Cooling: Central Air Appliances: Electric Range; Electric Range Financing: Conventional

Documents

IDX
Listing Office: Castro Real Estate Services, LLC
Last Updated: May - 22 - 2026
The data relating to real estate for sale or lease on this website comes in part from the IDX program of the REALTOR® Association of Acadiana MLS. The IDX information is provided exclusively for consumers’ personal, non-commericial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.