3-Unit Multifamily
New
For Sale
$150,000
1310 1310 1/2 Daspit Street #3, Houma, LA 70360
The property combines a single-family residence with a two-story duplex and owner-provided appliances.
Property Size1,940 SF
Price / SF$77.32
Days on Market4
Property Features for 1310 1310 1/2 Daspit Street #3
General Information
Standard status
Active
Size
1,940 SF
Property subtype
Multi-Family
Units
Unit Mix
1 x 2BR/1BA, 2 x 1BR/1BA
Multifamily Units
3
Listing Agency:
Fathom Realty La, LLC
Listed By:
Borne2Sell Realty
(225) 937-0900
Source:
Borne2sell
Added: Oct 12
Changed: Oct 15
Last Checked: Oct 14 at 10:49PM
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 Fathom Realty La, LLC
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Investment Insights
Based on property information with market context.
This 1,940-SF multifamily property includes a 2-bedroom, 1-bathroom residence and a two-story duplex with one 1-bedroom, 1-bathroom unit on each floor. The residence has central heating and air conditioning and washer/dryer hookups. The duplex units have window heating and cooling units, gas stoves, and gas water heaters. The owner supplies stoves, refrigerators, smoke and carbon monoxide detectors, and the window units in the duplex.
The resident in the single-family home has occupied it since August 2019. The two duplex residents began occupancy in July 2025 and January 2026. Residents pay all utilities.
The resident in the single-family home has occupied it since August 2019. The two duplex residents began occupancy in July 2025 and January 2026. Residents pay all utilities.
Key Highlights
- Three units: one 2‑bedroom residence and two 1‑bedroom duplex apartments
- 1,940 SF of property size
- Duplex has one unit on each floor of a two‑story building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,686
Cap Rate
8.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$253,720
$253.7K
Cap Rate 7%
$181,229
$181.2K
Cap Rate 9%
$140,956
$141.0K
Market Conditions
NOI Build-Up for 1,940 SF
Gross rent
$25.4K $13.08/SF
− Vacancy
−$2.3K −$1.19/SF
EGI
$23.1K $11.89/SF
− OpEx
−$10.4K −$5.35/SF
NOI
$12.7K $6.54/SF
Area
Terrebonne County, LA
Vacancy
9.10%
Lease Rate
$13.08 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$253,720
Cap Rate 7%
$181,229
Cap Rate 9%
$140,956
Alternative Uses
Best Use
Apartment 5plus
$181.2K
$158.6K – $211.4K
NOI $12,686 @ 7.0% cap · market cap 8.46%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$534.8K
$467.9K – $623.9K
NOI $37,434 @ 7.0% cap · market cap 24.96%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
983
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - The property combines a single-family residence with a two-story duplex and owner-provided appliances.
Where is this multifamily property located?
The property is located at 1310 1310 1/2 Daspit Street #3 Houma, LA.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Three units: one 2‑bedroom residence and two 1‑bedroom duplex apartments; 1,940 SF of property size; Duplex has one unit on each floor of a two‑story building
