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5-Unit Apartment Property
For Sale
$119,900

1130 Lafayette St, Houma, LA 70360

Four apartments and a detached one-bedroom home occupy one Houma property with separately metered utilities.

Property Size3,804 SF
Price / SF$31.52
Days on Market8

Property Features for 1130 Lafayette St

General Information

Standard status Active
Size 3,804 SF
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence needs TLC

Additional Details

Utilities to Site Yes
Multifamily Units 5

Building Details

Buildings 2
Listing Agency: Good Earth Realty, Inc.
Listed By: Shirin Nail/ Cynthia Pellegrin · License #20592
Source: Smithsquared
Added: Sep 19 Changed: Sep 25 Last Checked: Sep 24 at 3:32PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Good Earth Realty, Inc.

Investment Insights

Based on property information with market context.

This 5-unit apartment property in Houma combines a four-unit building with a detached one-bedroom home on the same parcel. The improvements contain 3,804 square feet and are identified as needing TLC. Three units are already rented, while the property includes two additional units that may be leased.

Individual gas, electric, and water meters serve the units. The property addresses are 1130-1/2, 1130A, 1130B, and 1132 Lafayette St. Showings are conducted by confirmed appointment with 24 hours’ notice to tenants.

Key Highlights

  • 5‑unit configuration with a fourplex and detached 1br home
  • 3,804 square feet of total property size
  • Three units are already rented

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency (Bike/Boat/Book/etc) Store Grocery & Convenience Store Storage Facility Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,386
Businesses Nearby

Demographics for 70360, LA

28,014
Population
12,283
Households
2.3
Avg Household Size
40
Median Age
32%
College-Educated
90%
High-School Grad
60.1 sq mi
ZIP Area
466
Density / Sq Mi
$82,365
Median Household Income
$44,925
Median Earnings
$1,085
Median Rent
$297,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Four apartments and a detached one-bedroom home occupy one Houma property with separately metered utilities.
Where is this apartment building located?
The property is located at 1130 Lafayette St Houma, LA.
What is the asking price?
The asking price for this property is $119,900.
What are key features of this property?
This property features: 5‑unit configuration with a fourplex and detached 1br home; 3,804 square feet of total property size; Three units are already rented
More about this property
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