Courtesy: Bridgewater Realty Advisors, LLC
Cameron Griffin
504-535-5680
Excellent investment opportunity in Houma—16 total units across four well-maintained fourplex buildings located on adjacent parcels at 436 Richmond Ave and 411 Arlington Dr. Each unit offers 2 bedrooms / 1 bathroom with central air & heat, and includes a stove and refrigerator. The property features two on-site laundry rooms with leased coin-operated equipment, providing added income and convenience for residents. Ownership has completed numerous upgrades over time, including plumbing and electrical improvements, replacement of select sewer lines, and updated panel boxes. Exterior enhancements include vinyl soffit and fascia, cement parking areas, and security lighting on buildings and poles. Professionally managed for long-term stability, this property offers consistent occupancy and strong rental demand within the Houma workforce housing market. Its clean operational history and straightforward management make it possible for both seasoned investors and new entrants seeking turnkey yield in a durable Louisiana submarket.
Courtesy: NexaEdge Realty Partners LLC
225-725-8558
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Houma is located in Louisiana. Houma, Louisiana has a population of 33,461. Houma is less family-centric than the surrounding county with 28.47% of the households containing married families with children. The county average for households married with children is 30.68%.
The median household income in Houma, Louisiana is $48,688. The median household income for the surrounding county is $57,940 compared to the national median of $69,021. The median age of people living in Houma is 36.3 years.
The average high temperature in July is 90.8 degrees, with an average low temperature in January of 43.2 degrees. The average rainfall is approximately 65.8 inches per year, with 0.1 inches of snow per year.
