Two-Unit
For Sale
$240,000
813 Wood St, Houma, LA 70360
Residential Income, Houma, LA
Property Size2,241 SF
Lot Size0.16 Acres
Price / SF$107.10
Days on Market279
Property Features for 813 Wood St
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking
2
Parking features
On Street
Interior features
Units Vary
Appliances
Washer/Dryer All, Microwave, Range/Oven, Refrigerator
Subdivision
City Of Houma
Elementary school district
Terrebonne Parish
Middle school district
Terrebonne Parish
High school district
Terrebonne Parish
Standard status
Active
Size
2,241 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Description
LOT 9 BLOCK 57 LOVENSTEIN ADDITION.
Legal Description
LOT 9 BLOCK 57 LOVENSTEIN ADDITION.
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Flooring type
Tile, Wood, Tile - Ceramic, Vinyl
Building materials
Asbestos Siding
Roof type
Shingle
Listing Agency:
KELLER WILLIAMS REALTY BAYOU P
Listed By:
Kristy Hebert Graham
(985) 262-4400
Added: Jan 13
Changed: Sep 16
Last Checked: Oct 19 at 2:06PM
MLS# 2026000787
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.
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Investment Insights
Based on property information with market context.
This duplex contains 2,241 square feet within a 0.157-acre parcel and is configured as two distinct units in one building. Interior finishes include wood, tile, ceramic tile, and vinyl flooring, while central heating and central air serve the property. Each unit includes access to shared listed appliances, including a washer and dryer, microwave, range/oven, and refrigerator.
Located at 813 Wood St in Houma, the property is in the downtown area, with dining, shopping, entertainment, local businesses, and other amenities described as nearby. The site is served by public water and public sewer. Parking is provided on the street, and the building has a shingle roof with asbestos siding.
Located at 813 Wood St in Houma, the property is in the downtown area, with dining, shopping, entertainment, local businesses, and other amenities described as nearby. The site is served by public water and public sewer. Parking is provided on the street, and the building has a shingle roof with asbestos siding.
Key Highlights
- 2,241‑square‑foot duplex on a 0.157‑acre parcel
- Two distinct units within one building
- Central heating and central air
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,854
Cap Rate
7.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$337,080
$337.1K
Cap Rate 7%
$240,771
$240.8K
Cap Rate 9%
$187,267
$187.3K
Market Conditions
NOI Build-Up for 2,241 SF
Gross rent
$26.4K $11.76/SF
− Vacancy
−$2.3K −$1.02/SF
EGI
$24.1K $10.74/SF
− OpEx
−$7.2K −$3.22/SF
NOI
$16.9K $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%
$337,080
Cap Rate 7%
$240,771
Cap Rate 9%
$187,267
Alternative Uses
Best Use
Multifamily LT 5
$240.8K
$210.7K – $280.9K
NOI $16,854 @ 7.0% cap · market cap 7.02%
Second Best
Apartment 5plus
$209.4K
$183.2K – $244.3K
NOI $14,655 @ 7.0% cap · market cap 6.11%
Theoretical Best
Office A
$617.7K
$540.5K – $720.7K
NOI $43,242 @ 7.0% cap · market cap 18.02%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,463
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 separate residences share one building, with central heating and cooling near downtown Houma amenities.
Where is this duplex located?
The property is located at 813 Wood St Houma, LA.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: 2,241‑square‑foot duplex on a 0.157‑acre parcel; Two distinct units within one building; Central heating and central air
