Renovated
For Sale
$125,000
2-1312 Daspit St, Houma, LA 70360
Separate unit updates and recent exterior work complement electrical upgrades completed in 2014.
Property Size1,433 SF
Price / SF$87.23
Days on Market14
Property Features for 2-1312 Daspit St
General Information
Standard status
Active
Size
1,433 SF
Property subtype
Residential Income
Additional Details
Multifamily Units
2
Listing Agency:
FOUR STAR REAL ESTATE, INC
(985) 851-1600
Listed By:
Teresa Domangue · License #44667
(985) 804-0191
Source:
Exprealty
Added: Oct 8
Changed: Oct 21
Last Checked: Oct 21 at 2:40AM
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 FOUR STAR REAL ESTATE, INC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex contains units identified as 1312 A and 1312 B. The A unit was renovated before occupancy on December 1, 2025, and the B unit was renovated before occupancy on May 29, 2020. Electrical work in 2014 included rewiring and replacement of the panel boxes. Exterior repairs and painting took place in 2024–25.
A survey was completed in 2026. The duplex may be acquired on its own or together with 1310 and 1314 Daspit Street.
A survey was completed in 2026. The duplex may be acquired on its own or together with 1310 and 1314 Daspit Street.
Key Highlights
- Two‑unit duplex with separate A and B residences
- 1312 A renovated before occupancy on 12/01/2025
- 1312 B renovated before occupancy on 05/29/2020
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,777
Cap Rate
8.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$215,540
$215.5K
Cap Rate 7%
$153,957
$154.0K
Cap Rate 9%
$119,744
$119.7K
Market Conditions
NOI Build-Up for 1,433 SF
Gross rent
$16.9K $11.76/SF
− Vacancy
−$1.5K −$1.02/SF
EGI
$15.4K $10.74/SF
− OpEx
−$4.6K −$3.22/SF
NOI
$10.8K $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%
$215,540
Cap Rate 7%
$153,957
Cap Rate 9%
$119,744
Alternative Uses
Best Use
Multifamily LT 5
$154.0K
$134.7K – $179.6K
NOI $10,777 @ 7.0% cap · market cap 8.62%
Second Best
Apartment 5plus
$133.9K
$117.1K – $156.2K
NOI $9,371 @ 7.0% cap · market cap 7.50%
Theoretical Best
Office A
$395.0K
$345.6K – $460.9K
NOI $27,651 @ 7.0% cap · market cap 22.12%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,569
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?
Duplex - Separate unit updates and recent exterior work complement electrical upgrades completed in 2014.
Where is this duplex located?
The property is located at 2-1312 Daspit St Houma, LA.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Two‑unit duplex with separate A and B residences; 1312 A renovated before occupancy on 12/01/2025; 1312 B renovated before occupancy on 05/29/2020
