Investor's Dream Opportunity – Multi-Use Property with Proven Income Stream! recent price drop! Unlock the potential of this unique commercial/residential investment property featuring two residential homes, an industrial building with a long-term tenant of 14 years, and a ready-to-develop cement pad equipped with sewer, electricity, and water hookups — perfect for adding an additional unit or structure. Strategically designed for cash flow and growth, this property offers: Two separate homes ideal for rental income or owner-occupancy. An industrial/commercial space currently leased by a reliable tenant with deep roots in the location. A utility-ready pad site, giving you room to expand your investment portfolio. With multiple income streams already in place and room to grow, this is a rare chance to step into a high-yield opportunity from day one. Whether you're looking to expand your portfolio or break into real estate investing, this property checks all the boxes. Schedule a showing today and discover why this property is a smart, strategic move for any investor. INDUSTRIAL BUILDING IS ABOUT 3600 SQ FT. FRONT HOUSE IS APPROX 1000 SQ FT. MOBILE HOME IN REAR IS 1820 SQ FT..
For sale
$399,000
1118 Grand Caillou Rd, Houma, LA 70363
5beds
2,820sqft
Est.:
Single Family Residence, Residential
Built in 1972
1.03 Acres Lot
$-- Zestimate®
$141/sqft
$-- HOA
What's special
Utility-ready pad siteTwo residential homes
- 232 days |
- 132 |
- 9 |
Zillow last checked: 7 hours ago
Listing updated: February 10, 2026 at 12:25pm
Listed by:
Morgan Davis,
Canal & Main Realty 985-446-6363
Source: ROAM MLS,MLS#: 2025014669
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Rooms
- Room types: Bedroom
Primary bedroom
- Features: En Suite Bath, 2 Closets or More, Ceiling 9ft Plus, Ceiling Fan(s), Walk-In Closet(s)
Bedroom 1
- Level: First
- Area: 196
- Dimensions: 14 x 14
Bedroom 2
- Level: First
- Area: 196
- Dimensions: 14 x 14
Bedroom 3
- Level: First
- Area: 460
- Dimensions: 20 x 23
Bedroom 4
- Level: First
- Area: 120
- Dimensions: 12 x 10
Bedroom 5
- Level: First
- Area: 169
- Dimensions: 13 x 13
Primary bathroom
- Features: Double Vanity, 2 Closets or More
Heating
- Central
Cooling
- Multi Units, Central Air
Interior area
- Total structure area: 3,340
- Total interior livable area: 2,820 sqft
Property
Parking
- Total spaces: 4
- Parking features: 4+ Cars Park, Driveway, Unpaved
Features
- Stories: 1
Lot
- Size: 1.03 Acres
- Dimensions: 90 x 195 x 55 259 x 24 x 205 x 295
Details
- Parcel number: 19405
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence, Residential
Materials
- Wood Siding, Other
- Foundation: Other, Slab
Condition
- Year built: 1972
Utilities & green energy
- Gas: None
- Sewer: Comm. Sewer
- Water: Comm. Water
Community & HOA
Community
- Subdivision: Grand Caillou Hi
Location
- Region: Houma
Financial & listing details
- Price per square foot: $141/sqft
- Tax assessed value: $106,100
- Annual tax amount: $1,015
- Price range: $399K - $399K
- Date on market: 8/7/2025
- Listing terms: Cash,Conventional,Private Financing Available
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/6/2025 | Price change | $399,000-6.1%$141/sqft |
Source:  ROAM MLS #2025014669 Report a problem | ||
| 8/7/2025 | Listed for sale | $425,000$151/sqft |
Source: ROAM MLS #2025014669 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,015 +0.9% | $10,610 |
| 2023 | $1,007 +2% | $10,610 |
| 2022 | $987 +7.4% | $10,610 +4.7% |
| 2021 | $919 +0.7% | $10,130 -4.5% |
| 2020 | $912 -8.1% | $10,610 |
| 2019 | $993 +140% | $10,610 +4.7% |
| 2018 | $414 +10.4% | $10,130 |
| 2017 | $375 -0.5% | $10,130 -15.9% |
| 2015 | $377 | $12,040 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,124/mo
Principal & interest
$1968
Property taxes
$156
More affordability tools
Climate risks
Neighborhood: 70363
Nearby schools
GreatSchools rating
- 5/10Oaklawn Junior High SchoolGrades: 5-8Distance: 0.4 mi
- 5/10Ellender Memorial High SchoolGrades: 9-12Distance: 1.2 mi
- 9/10Acadian Elementary SchoolGrades: PK-4Distance: 1.4 mi
Schools provided by the listing agent
- District: Terrebonne Parish
Source: ROAM MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 70363
- Louisiana
- Terrebonne Parish
- Houma
- 70363
- 1118 Grand Caillou Rd
Nearby cities
Nearby zip codes
Other Houma Topics
