Description
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.
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32BEDS
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N/AACRES
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16BATHS
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01/2 BATHS
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12,800SQFT
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$100$/SQFT
School Ratings & Info
Description
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.
Broker and Associates are licensed in the State of Louisiana, USA.
Keaty Real Estate, LLC || (337) 235-7770 || Lafayette, LA.
Terms & Conditions
© 2025 Gulf South Real Estate Information Network. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keaty Real Estate, LLC. Data last updated: 2025-12-05T15:35:18.78.
Listing courtesy of Gulf South Real Estate Information Network.