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About This Home

This 0-bedroom, 0-bathroom residential multi family at 2618 Isabel St in Houma, LA is listed for $170,000 ($41 per sqft). the home offers 4,132 sqft of living space on a 0.23 acres lot.

Agent Description

Calling all investors! Value-add multi-unit opportunity featuring four units across three separate buildings, offering immediate income with additional upside. Unit A is currently rented, Unit B is vacant and rent-ready, while Units C and D are vacant and in need of renovation, creating a clear path to increased cash flow.

The property offers a versatile unit mix, including two 2-bedroom/1-bath units (Units A & B), a 1-bedroom/1-bath standalone unit (Unit C), and a spacious two-story 3-bedroom/1.5-bath standalone unit (Unit D). Units C and D are located in their own separate buildings, providing added privacy and flexibility for future rental strategies.

With one unit already producing income and another ready to be leased immediately, investors can begin generating returns while renovating the remaining units at their own pace. Once updated, the vacant units present strong potential for higher rents and long-term appreciation. An excellent opportunity for investors seeking a multi-unit property with immediate cash flow, value-add potential, and multiple income streams in one location.

Key Features

  • 0.23 acre lot
  • 4 parking spaces

Property Details

4 spaces

Amenities

A/C

Monthly Cost Estimate

$909/mo

20% down · 6.5% · 30 years

Principal$123
Interest$737
Insurance$50

Estimates only. Actual payments may vary.

Location

2618 Isabel St

Houma, LA 70363

Barrow Town

Property Details

Flooring

Vinyl

Construction

Brick Siding Stucco Siding Vinyl Siding Wood Siding Frame

Heating

Electric (Heating)

Cooling

Window Unit(s)

Appliances

Range/OvenRefrigerator

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 2618 Isabel St is listed at $170,000 ($41/sqft). The estimated monthly payment is $737 based on 20% down at 6.5% interest.

Key features include: 0.23 acre lot, 4 parking spaces.

This property is listed by Nicholas Melvin and can be reached at 9852284859 or nickm@canalmain.com.

NM

Nicholas Melvin

Agent at Canal & Main Realty

(985) 228-4859

Listed by Canal & Main Realty · View on Broker Site

MLS# 2026000858· Source: listhub· Updated 85 days ago

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.

2618 Isabel St, Houma, LA 70363

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