Houma, LA Residential Income Properties for Sale

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Gray, LA Schriever, LA Bourg, LA Raceland, LA Chauvin, LA Thibodaux, LA Lockport, LA Theriot, LA

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Updated: Apr 23

Duplex Investment Opportunity with Updated Unit

242 / 244 Saint Peter St, Houma, LA 70363

$99,500

1,340 sqft 0.13 AC lot

Duplex property, great for rental income or owner‑occupancy.
Vacant and updated unit ready for immediate occupancy and higher rental potential.
Each unit offers 2 bedrooms and 2 bathrooms.
Both units feature central heating and cooling.
Low‑maintenance vinyl siding exterior.

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This listing looks promising.

Here's a quick look at some key insights for

242 / 244 Saint Peter St, Houma, LA 70363

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Est. Cap Rate

8.8%
Above avg (5.9%)
Est. NOI

$9K
Annual
Price @ 7% Cap

$125K
Above asking

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Updated: Jun 15

Mixed Duplex and Single-Unit Quadplex

106 Country Estates Drive, Houma, LA 70364

$365,000

3,227 sqft 0.70 AC lot

Multifamily with a duplex plus 2 additional single units
Roof replacement on all units completed in 2024
All units have central air and central electric heating plus vinyl wood plank floors
Adjoining vacant land measures 116 ft by 175 deep with potential to add 2 additional duplexes
Current tenancy includes two units with long‑term tenants over 10 years and remaining units with tenants in place for 2 years

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Modern Fourplex in Houma, LA

151 Dixie, Houma, LA 70363

$659,900

4,951 sqft 0.34 AC lot

Income-producing fourplex with Airbnb potential, fully furnished and upgraded.

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Duplex With Two Three-Bedroom Units

502 IDLEWILD Drive, Houma, LA 70364

$239,900

1,866 sqft

Duplex offering two 3-bedroom, 2-bath units with in-unit window A/C and unit B washer/dryer.

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Recently Remodeled Duplex

311-a Engeron Street, Houma, LA 70363

$169,000

1,818 sqft

Renovated duplex offers a one-bedroom and a three-bedroom unit, with furnishings and appliances included.

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Two-Unit Detached Homes

204 Cenac Street, Houma, LA 70364

$215,000

2,104 sqft 0.12 AC lot

Two detached rental homes on one lot with off-street parking and storage sheds in Houma, LA.

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Renovated Triplex with Furnishings

113 Dover Dr, Houma, LA 70363

$199,000

2,486 sqft 0.41 AC lot

Renovated triplex offered with furnishings, decorations, and appliances, currently 100% occupied in an AE flood zone.

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Bayou Black Duplex Investment Opportunity

3748 Southdown Mandalay Road, Houma, LA 70360

$137,000

1,800 sqft 0.26 AC lot

Duplex in Bayou Black, each unit with 3 beds/2 baths.

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Modern Fourplex Townhouse

151 Dixie Avenue, Houma, LA 70363

$659,900

4,951 sqft

Modern townhouse-style fourplex built 10 years ago, offered fully furnished and designed with two bedrooms and two baths per unit.

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Four-Unit Residential Income Property

405 Williams Ave, Houma, LA 70364

$324,000

1,983 sqft 0.14 AC lot

Four furnished residential units with appliances included, plus a potential additional unit already built but not renovated.

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Houma Fourplex Investment Opportunity

1306 Lee Ave, Houma, LA 70360

$220,000

2,931 sqft 0.10 AC lot

Tenant-occupied fourplex in Houma, LA, with immediate cash flow.

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Furnished Quadplex Property

405 Williams Avenue, Houma, LA 70364

$324,000

1,983 sqft

Four updated, fully furnished units on one property, with appliances included and a potential fifth unit already built.

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Renovated 4-Plex With Updated HVAC

3605 Thomas Dr, Houma, LA 70363

$334,900

3,152 sqft

Fully renovated four-unit income property with updated HVAC and new roof, fully occupied with reliable tenants.

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Downtown Houma Multifamily Investment

813 Wood St, Houma, LA 70360

$240,000

2,241 sqft 0.16 AC lot

Charming multifamily property in downtown Houma with two separate units.

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Multi-Unit Residential Income Property

1310-1314 Daspit Street #9, Houma, LA 70360

$399,000

5,393 sqft

Nine residential units across multiple buildings include lawn service and monthly pest control.

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Turnkey Mobile Home Park with 14 Homes

1462 Ellender Street, Houma, LA 70363

$699,000

11,760 sqft 0.93 AC lot

Mobile home park with 14 fully furnished, move-in ready units conveyed with the property.

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Three-Unit Residential Income Property

1301 1/2 Bourg Street, Houma, LA 70360

$140,000

3,987 sqft

Three-unit property features two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, with two units currently tenant-occupied.

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Residential Duplex Income Property

9181 Main St, Houma, LA 70363

$214,900

1,190 sqft 0.10 AC lot

Duplex residential income property offered for sale in Houma, LA with two units under one roof.

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Nine-Unit Apartment Building

1170-1176 Barrow Street, Houma, LA 70360

$99,000

8,765 sqft

Nine-unit multifamily property with one tenant in place and renovation needs to reach its full potential.

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Multi-Use Property with Income Stream

1118 Grand Caillou, Houma, LA 70363

$399,000

6,000 sqft 1.03 AC lot

Commercial/residential property with homes, industrial building, and development potential.

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Two-Unit Residential Income Property

600 Columbus Street, Houma, LA 70360

$82,500

2,800 sqft

Two-bedroom, two-bath main home plus one-bedroom, one-bath garage apartment creates a residential income setup.

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Remodeled Duplex in Houma, LA

311 A & B Engeron Street, Houma, LA 70363

$169,000

1,818 sqft 0.20 AC lot

Recently remodeled duplex with furnishings and appliances included.

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Residential Income Duplex

273 Brooklyn Avenue, Houma, LA 70364

$95,000

1,000 sqft

Duplex with two 1-bedroom, 1-bath units in good condition, positioned next to a park.

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Houma Apartments on 12.15 Acres

613 Enterprise Dr, Houma, LA 70360

$5,292,540

12.15 AC lot

Apartment buildings on 12.15 acres in Houma, Louisiana.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 24 Active Listings in Houma, LA, we suggest to view alternatives - similar 48 Off-Market properties to explore as potential leads.

Houma, LA Residential Income Properties Market Trends and Statistics

Explore 72 residential income properties for sale in Houma, LA, showcased through 24 active listings on our real estate platform. These investment opportunities span a total of 79,546 square feet of properties for sale, with an estimated market value of $6,484,500.

Sale prices for residential income properties in Houma, LA start at $82,500, averaging $281,934, and reaching up to $699,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 82K

Population Growth (5Y) -3.7%

Median Household Income $66,407

College Educated 18.8%

High-Yield Neighborhoods for Investment

Identify Houma submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
70364	$263K
70363	$346.9K
70360	$1.1M

Taxes & Financing

Tax Rate (average for all types) 9.46%

Property Tax per SF $92.20 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Terrebonne Parish

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Houma fall within the 100,000+ square foot range.

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