863 Hammond Manor Dr, Baton Rouge, LA 70816

• 3,958 sqft

Property 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 Status:

Active

Date Added:

May 5, 2026

Data Last Updated:

May 20, 2026 at 4:09AM

Listing Office:

Castro Real Estate Services, LLC : 225-936-7643

MLS ID:

2026008557

Interior

• Appliances: Electric Cooktop
• A/C: Central Air
• Heating: Central

Exterior

• Parking: Parking spaces: 8

Construction

• General: Brick SidingBrickSlab

Location

• HOA Amenities: Annually
• Originating MLS: Greater Baton Rouge Association of REALTORS®
• School District: East Baton Rouge
• County: East Baton Rouge

Lot

• Zoning: Lot 12 Hammond Manor

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: Greater Baton Rouge Association of REALTORS®