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Five-Unit Apartment Property
New
For Sale
$139,000

1130 Lafayette St, Houma, LA 70360

Residential Income, Houma, LA

Property Size3,804 SF
Lot Size0.19 Acres
Price / SF$36.54
Days on Market3

Property Features for 1130 Lafayette St

General Information

Property type Residential Multi Family
Property subtype Other
Parking 4
Subdivision Clark Est
Elementary school district Terrebonne Parish
Middle school district Terrebonne Parish
High school district Terrebonne Parish
Directions Corner of Margaret and Lafayette
Standard status Active
Size 3,804 SF
Lot size 0.19 Acres

Taxes and HOA fees

Tax Description Lot 4 Block 1 West Side of Lafayette St, Clark Place
Legal Description Lot 4 Block 1 West Side of Lafayette St, Clark Place

Utilities

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

Building Details

Building materials Block Siding, Wood Siding, Block, Frame
Listing Agency: Good Earth Realty, Inc. · RE/MAX International
Listed By: Shirin Nail/ Cynthia Pellegrin · License #20592
Added: Sep 14 Last Checked: Sep 16 at 3:06PM
MLS# 2026016935

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 multifamily property combines a four-unit apartment building with a detached one-bedroom home on a 0.19-acre parcel. The improvements contain 3,804 square feet and include block, block siding, wood siding, and frame construction. Window-unit cooling is provided, and the property requires TLC.

Three of the five units are currently rented, while two additional units offer room for leasing activity. Individual gas, electric, and water meters serve the units. The property is connected to public water and public sewer and is located at 1130 Lafayette St in Houma, Louisiana.

Key Highlights

  • Five total units: a fourplex plus a detached one‑bedroom home
  • 3,804 square feet of improvements on 0.19 acres
  • Three units currently rented; two additional units available for leasing

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
60%
Occupancy
Multi-tenant
Tenancy

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 - Multifamily property with separate utility metering and a detached residential unit.
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 $139,000.
What are key features of this property?
This property features: Five total units: a fourplex plus a detached one‑bedroom home; 3,804 square feet of improvements on 0.19 acres; Three units currently rented; two additional units available for leasing
More about this property
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