Residential Duplex Income
9181 Main St Houma, LA 70363
9181 Main St, Houma, LA, 70363
$214,900
For Sale
$214,900
MULTI_FAMILY - Houma, LA
Property Size1,190 SF
Lot Size0.10 Acres
Price / SF$180.59
Days on Market302
Property Features for 9181 Main St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 1
- Patio and Porch features
- Porch
- Appliances
- Electric Cooktop
- Standard status
- Active
- Size
- 1,190 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Description
- Lots 1 & 2 Redivision Of Block F Mechanicville.
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Building materials
- Vinyl Siding, Brick
Listing Agency
NexaEdge Realty Partners LLC
(225) 725-8558
13421 Hooper Road Ste D, BATON ROUGE, LA
Listed by
Tyler Labauve
(225) 401-5756
Added: Sep 19, 2025 Checked: Jul 17 at 12:06 pm
MLS# 2025017446
Listing URL
Copyright © 2026 Greater Baton Rouge Association 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 for-sale residential income property is configured as a duplex. The listed building size is 1,190 square feet, situated on a 0.1-acre lot. The listing indicates that tenants are currently in place, so showings require advance coordination with the agent and the instruction to not disturb tenants.
The property is located at 9181 Main St in Houma, Louisiana 70363, within Terrebonne Parish. As a Main St address, it provides straightforward access for prospective tenants, buyers, and service providers during coordinated showings.
For buyers or investors seeking a small, duplex-style residential income asset, this offering provides a compact footprint and a two-unit structure. The current tenant occupancy should be considered when planning tours, and any evaluation of rent, layout details, and operational needs would be completed through a scheduled showing coordinated by the listing agent. The asking price is $214,900.
The property is located at 9181 Main St in Houma, Louisiana 70363, within Terrebonne Parish. As a Main St address, it provides straightforward access for prospective tenants, buyers, and service providers during coordinated showings.
For buyers or investors seeking a small, duplex-style residential income asset, this offering provides a compact footprint and a two-unit structure. The current tenant occupancy should be considered when planning tours, and any evaluation of rent, layout details, and operational needs would be completed through a scheduled showing coordinated by the listing agent. The asking price is $214,900.
Key Highlights
- Central heating with central air
- Public water and public sewer connection
- Electric cooktop included
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $14.0k | $11.76 |
| − Vacancy | −$1.2k | −$1.02 |
| EGI | $12.8k | $10.74 |
| − OpEx | −$3.8k | −$3.22 |
| NOI | $8.9k | $7.52 |
1,190 SF · lease $11.76/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$127.9K
$111.9K – $149.2K
NOI $8,950 @ 7.0% cap · market cap 4.16%
Second Best
Apartment 5plus
$111.2K
$97.3K – $129.7K
NOI $7,782 @ 7.0% cap · market cap 3.62%
Theoretical Best
Office A
$328.0K
$287.0K – $382.7K
NOI $22,962 @ 7.0% cap · market cap 10.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex residential income property offered for sale in Houma, LA with two units under one roof.
Where is this duplex located?
The property is located at 9181 Main St Houma, LA.
What is the asking price?
The asking price for this property is $214,900.
What are key features of this property?
This property features: Central heating with central air; Public water and public sewer connection; Electric cooktop included
