Fully Occupied 5-Home Rental Portfolio near LSU Campus

3423 Brightside Dr, Baton Rouge, LA 70820

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Property Information

  • For Sale $659,000
  • Property Type Multi-Family
  • Property Size 4,000 SF
  • Units 5
  • Lot Size 2 Acre
  • Date Updated Oct 21, 2026

Description

-This five-home rental portfolio is situated on 2 acres along Brightside Drive, just minutes from LSU campus. The property includes five detached condominium homes, each approximately 800 SF with a 2-bedroom, 2-bath layout. Each home is separately conveyable, providing flexibility for future individual resale. The portfolio is 100% occupied, generating $77,220 in scheduled annual rental income. The property currently yields an NOI of $52,928 and a Cap Rate of 8.0%. Located near LSU campus, the property is well suited for parents buying housing for a college student, or for investors seeking a low-maintenance rental. Zoned A1 (Single Family Residential).

Contacts

Location

Located at 3423 Brightside Dr, Baton Rouge, LA 70820, this property is part of the Riverbend neighborhood and Baton Rouge market.

  • 4/100 Car-Dependent
  • 33/100 Somewhat Bikeable
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