Houma Fourplex Investment Opportunity

1306 Lee Ave, Houma, LA 70360

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For Sale

$220,000

MULTI_FAMILY - Houma, LA

Property size:

2,931 SF

Lot size:

0.10 Acres

Price / SF:

$75/SF

HighLights

Immediate cash flow with tenant‑occupied units at $600/month per unit
Listed well below appraisal value
Low‑maintenance brick exterior and metal stair access
Each unit is a 1‑bedroom, 1‑bath
Convenient location near local amenities
Potential for rental increases

We can help!

Listing Contact

Lexi Neil

For Sale

$220,000

MULTI_FAMILY - Houma, LA

Property size:

2,931 SF

Lot size:

0.10 Acres

Price / SF:

$75/SF

Added:: Apr 15, 2026
Days on Market:: 67
Last Refresh:: Jun 20 at 4:06 pm

Property Features for 1306 Lee Ave

General Information

Property type: Residential Multi Family
Property subtype: Other
Parking: 4
Appliances: Electric Cooktop, Refrigerator
Standard status: Active
Size: 2,931 SF
Lot size: 0.10 Acres

Taxes and HOA fees

Tax Description: LOT 4 BLOCK 107 LEE AVENUE, DASPIT ADDITION.

Utilities

Sewer type: Public Sewer
Cooling system: Window Unit(s)
Water source: Public

Building Details

Building materials: Brick Siding, Brick, Frame
Roof type: Shingle

We can help!

Listing Contact

Lexi Neil

Listing agent Lexi Neil

Listing office KELLER WILLIAMS REALTY BAYOU P 6273 W Park Avenue, Houma, LA

Listing date Apr 15, 2026

MLS# 2026006808 Listing URL

HighLights

Immediate cash flow with tenant‑occupied units at $600/month per unit
Listed well below appraisal value
Low‑maintenance brick exterior and metal stair access
Each unit is a 1‑bedroom, 1‑bath
Convenient location near local amenities
Potential for rental increases

Overview

This fourplex, listed well below appraisal, offers a prime investment opportunity. Each of the four units features one bedroom and one bathroom and is currently tenant-occupied, generating immediate cash flow. Each unit produces $600 per month with potential for rental increases. Constructed with a durable brick exterior and featuring metal stair access to the upper units, the property is designed for low maintenance ownership. The property is conveniently located near local amenities. The property size is 2931 square feet and the lot size is 0.1 acres. This fourplex is also available as part of a package opportunity with additional income-producing properties under the same ownership.

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Location Insight

Map
Local Demand

City: Houma
County: Terrebonne
State: Louisiana
Longitude: -90.718311
Latitude: 29.587298

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For sale
Quadplexes
LA
Houma
70360
1306 Lee Ave

What type of property is this?

Quadplex - Tenant-occupied fourplex in Houma, LA, with immediate cash flow.

Where is this quadplex located?

The property is located at 1306 Lee Ave Houma, LA.

What is the asking price?

The asking price for this property is $220,000.

What are key features of this property?

This property features: Immediate cash flow with tenant‑occupied units at $600/month per unit; Listed well below appraisal value; Low‑maintenance brick exterior and metal stair access

1306 Lee Ave, Houma, LA 70360

MULTI_FAMILY - Houma, LA

Property Features for 1306 Lee Ave

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Turnkey Medical Office Building

Highway 311 Mixed-Use Commercial Hub

High Visibility Commercial Opportunity

High Visibility Commercial Property, Houma

General Commercial Office Building

Medical Office Building For Sale

Commercial Building in Houma, LA

Downtown Waterfront Commercial Building

Downtown Houma Professional Office Space

Restaurant/Bar Opportunity in Houma, LA

Houma Office Building For Sale

Mixed Duplex and Single-Unit Quadplex

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