Remodeled Duplex in Houma,
311 A & B Engeron Street Houma, LA 70363
311 A & B Engeron Street, Houma, LA, 70363
$169,000
For Sale
$169,000
MULTI_FAMILY - Houma, LA
Property Size1,818 SF
Lot Size0.20 Acres
Price / SF$92.96
Days on Market95
Property Features for 311 A & B Engeron Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Laundry Room
- Parking
- 3
- Parking features
- On Street
- Window features
- Window Treatments, Drapes
- Patio and Porch features
- Deck, Porch, Patio
- Interior features
- Electric Stove Con.
- Fencing
- Chain Link
- Appliances
- Washer/Dryer All, Dishwasher, Dryer, Freezer, Microwave, Range/Oven, Refrigerator, Self Cleaning Oven
- Standard status
- Active
- Size
- 1,818 SF
- Lot size
- 0.20 Acres
Taxes and HOA fees
- Tax Description
- See legal in documents
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Wall Furnace
- Cooling system
- Window Unit(s), Ceiling Fan(s)
- Water source
- Public
Building Details
- Flooring type
- Tile
- Building materials
- Wood Siding, Frame
- Roof type
- Shingle
Listing Agency
PROPRIE'TE' SHOPPE, LLC
(985) 232-6901
1120 Museum Dr, Houma, LA
Listed by
Missy Matherne · License #995684608
(985) 232-6901
Added: Apr 15 Checked: Jul 18 at 6:06 pm
MLS# 2026006789
Listing URL
Copyright © 2026 Bayou Board 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.
Investment Insights
Based on property information with market context.
This recently remodeled and renovated duplex features two units. The front unit contains one bedroom and one bathroom, while the back unit offers three bedrooms and one bathroom. All furnishings, decor, and appliances are included with the property. Unit A is currently occupied with a monthly rent of $1250, and Unit B is currently occupied with a monthly rent of $2100. The property is located in flood zone AE. The property size is 1818 square feet and the lot size is 0.2 acres.
Key Highlights
- Duplex with a 1 bed/1 bath front unit and a 3 bed/1 bath back unit
- Current rents: Unit A $1,250/month and Unit B $2,100/month (both occupied)
- Recently remodeled/renovated duplex; all furnishings, decor, and appliances remain with the property
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 | $21.4k | $11.76 |
| − Vacancy | −$1.8k | −$1.02 |
| EGI | $19.5k | $10.74 |
| − OpEx | −$5.9k | −$3.22 |
| NOI | $13.7k | $7.52 |
1,818 SF · lease $11.76/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$195.3K
$170.9K – $227.9K
NOI $13,673 @ 7.0% cap · market cap 8.09%
Second Best
Apartment 5plus
$169.8K
$148.6K – $198.2K
NOI $11,889 @ 7.0% cap · market cap 7.03%
Theoretical Best
Office A
$501.1K
$438.5K – $584.7K
NOI $35,080 @ 7.0% cap · market cap 20.76%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Recently remodeled duplex with furnishings and appliances included.
Where is this duplex located?
The property is located at 311 A & B Engeron Street Houma, LA.
What is the asking price?
The asking price for this property is $169,000.
What are key features of this property?
This property features: Duplex with a 1 bed/1 bath front unit and a 3 bed/1 bath back unit; Current rents: Unit A $1,250/month and Unit B $2,100/month (both occupied); Recently remodeled/renovated duplex; all furnishings, decor, and appliances remain with the property
