Remodeled Duplex with Updated
For Sale
$199,999
1404 Bond St, Houma, LA 70360
Two-bedroom duplex featuring refreshed interiors, open living space, and a contemporary kitchen.
Property Size1,300 SF
Price / SF$153.85
Days on Market68
Property Features for 1404 Bond St
General Information
Standard status
Active
Size
1,300 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Listing Agency:
Realty Executives South Louisiana Group
Listed By:
Virginia Luquette · License #0995699016
(225) 715-9234
Source:
Smithsquared
Added: Aug 11
Changed: Oct 7
Last Checked: Oct 7 at 2:48PM
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 Realty Executives South Louisiana Group
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Investment Insights
Based on property information with market context.
This duplex at 1404 Bond St in Houma, LA offers 1,300 square feet with a two-bedroom, one-bath configuration. The interior has been remodeled with new flooring and a modernized overall finish. An open-concept living area connects with the updated kitchen, creating a cohesive layout for daily living and entertaining.
Key Highlights
- Remodeled duplex with 1,300 square feet
- Two‑bedroom, one‑bath configuration
- New flooring throughout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,777
Cap Rate
4.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$195,540
$195.5K
Cap Rate 7%
$139,671
$139.7K
Cap Rate 9%
$108,633
$108.6K
Market Conditions
NOI Build-Up for 1,300 SF
Gross rent
$15.3K $11.76/SF
− Vacancy
−$1.3K −$1.02/SF
EGI
$14.0K $10.74/SF
− OpEx
−$4.2K −$3.22/SF
NOI
$9.8K $7.52/SF
Area
Terrebonne County, LA
Vacancy
8.64%
Lease Rate
$11.76 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$195,540
Cap Rate 7%
$139,671
Cap Rate 9%
$108,633
Alternative Uses
Best Use
Multifamily LT 5
$139.7K
$122.2K – $163.0K
NOI $9,777 @ 7.0% cap · market cap 4.89%
Second Best
Apartment 5plus
$121.4K
$106.3K – $141.7K
NOI $8,501 @ 7.0% cap · market cap 4.25%
Theoretical Best
Office A
$358.4K
$313.6K – $418.1K
NOI $25,085 @ 7.0% cap · market cap 12.54%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,471
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two-bedroom duplex featuring refreshed interiors, open living space, and a contemporary kitchen.
Where is this duplex located?
The property is located at 1404 Bond St Houma, LA.
What is the asking price?
The asking price for this property is $199,999.
What are key features of this property?
This property features: Remodeled duplex with 1,300 square feet; Two‑bedroom, one‑bath configuration; New flooring throughout
