113 Dover Dr Houma, LA 70363
MULTI_FAMILY - Houma, LA
Property Features for 113 Dover Dr
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 6
- Parking features
- Assigned, Covered, Carport
- Window features
- Drapes, Window Treatments
- Patio and Porch features
- Deck, Porch, Patio
- Interior features
- High Speed Internet, Gas Stove Con., Master Bath, Walk-In Closet(s)
- Fencing
- Chain Link
- Appliances
- Washer/Dryer All, Dishwasher, Dryer, Freezer, Microwave, Range/Oven, Refrigerator, Self Cleaning Oven
- Standard status
- Active
- Size
- 2,486 SF
- Lot size
- 0.41 Acres
Taxes and HOA fees
- Tax Description
- see legal in documents
Utilities
- Utilities
- Cable Available
- Heating system
- Natural Gas, Central
- Cooling system
- Ceiling Fan(s), Central Air
- Water source
- Public
Building Details
- Flooring type
- Tile
- Building materials
- Vinyl Siding, Frame
- Roof type
- Shingle
Listing agent Missy Matherne License #995684608 (985) 232-6901
Listing office PROPRIE'TE' SHOPPE, LLC 1120 Museum Dr, Houma, LA (985) 232-6901
Listing date Apr 15, 2026
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.
The property is located at 113 Dover Dr in Houma, Louisiana (70363), in Terrebonne County. The lot size is 0.41 acres, with a total property size of 2,486 square feet. The current flood zone is listed as AE.
For buyers looking for a turnkey residential income property, this triplex offers three units and is presented as move-in-ready from a presentation standpoint, with furnishings and appliances included in the sale. The current occupancy status may appeal to owner-occupants and investors seeking an immediately utilized setup, while the clear unit mix and stated monthly rents provide straightforward underwriting inputs. Prospective buyers should review flood-related considerations tied to the AE designation as part of their due diligence.
Key Highlights
- Triplex currently at 100% occupancy with all units leased
- Furnished sale includes 100% of furnishings, decorations, and appliances
- Unit rents: Unit A $2,800/mo; Unit B $1,250/mo; Unit C $2,160/mo
Local Financial Insights For Apartment 5plus
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 | $32.5k | $13.08 |
| − Vacancy | −$3.0k | −$1.19 |
| EGI | $29.6k | $11.89 |
| − OpEx | −$13.3k | −$5.35 |
| NOI | $16.3k | $6.54 |
