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863 Hammond Manor Dr, 
Baton Rouge, LA 70816

$379,000


Bed


Bath


3,958

Sq Ft


Multi-Family

Active

Listed by

Miguel A Castro

Castro Real Estate Services, LLC.

225-936-7643

Last updated:

May 24, 2026, 03:07 PM

MLS#

BR2026008557

Source:

LA RAAMLS

About This Home

863 Hammond Manor Dr

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

Home Facts

Multi-Family

Price Summary

379,000

$95 per Sq. Ft.

MLS #:

BR2026008557

Last Updated:

May 24, 2026, 03:07 PM

Added:

16 day(s) ago


Structure

Structure

Building Area:

3,958 Sq. Ft.


Lot

Lot Size (Sq. Ft):

7,840


Finances & Disclosures

Finances

Price:

$379,000

Price per Sq. Ft:

$95 per Sq. Ft.

Source:LA RAAMLS
The information being provided by REALTOR® Association Of Acadiana Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 REALTOR® Association Of Acadiana Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.