2389 Tennessee St, Baton Rouge, LA 70802
Quadruplex - Baton Rouge, LA
- Added:
- Apr 16, 2026
- Days on Market:
- 54
- Last Refresh:
- Jun 8 at 6:06 pm
Property Features for 2389 Tennessee St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Quadruplex
- Parking features
- On Street
- Appliances
- Range, Refrigerator
- Standard status
- Pending
- Size
- 1,703 SF
- Lot size
- 0.05 Acres
Utilities
- Heating system
- Wall Furnace
- Cooling system
- Multi Units, Window Unit(s)
Building Details
- Floors in Building
- 2
- Building materials
- Brick
- Roof type
- Composition
- Architectural style
- Other
Listing agent Timothy Houk (225) 768-1800
Listing office Keller Williams Realty Red Stick Partners 8686 Bluebonnet, Baton Rouge, LA (225) 768-1800
Listing date Apr 16, 2026
Copyright © 2026 Greater Baton Rouge Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Fully occupied fourplex with total monthly income of $3,200
- Brick construction with a composition roof
- Wall furnace heating and window unit(s) cooling
- Appliances include range and refrigerator
- On‑street parking
- Located near LSU Lakes for outdoor access
Overview
Located in Baton Rouge (70802) in East Baton Rouge Parish, the property is positioned for convenient access to Louisiana State University and area transit routes, according to the remarks. The LSU Lakes are noted as being a short drive or bike ride away, which may appeal to tenants who value proximity to outdoor recreation and campus-related activity.
For buyers or investors seeking a fourplex that is already producing income, this configuration offers a straightforward setup with all units occupied at the time of sale. The compact, four-unit nature can also be appealing for operators who want manageable scale while maintaining a diversified residential mix across four separate units.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $26.4k | $15.48 |
| − Vacancy | −$1.2k | −$0.73 |
| EGI | $25.1k | $14.75 |
| − OpEx | −$7.5k | −$4.42 |
| NOI | $17.6k | $10.32 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Baton Rouge
- County
- East Baton Rouge
- State
- Louisiana
- Longitude
- -91.175733
- Latitude
- 30.425144
