$495,000
$57K PRICE DROP

1407 Memory Ln Houma, LA 70363

Estimated payment $3,099/month

Total Views 3,839
-- Bed
-- Bath
6,840 Sq Ft
$72 Price per Sq Ft

Highlights

  • Porch
  • Tile Flooring
  • Ceiling Fan
  • Acadian Elementary School Rated 9+
  • Central Air
  • Partially Fenced Property

About This Home

Property has been managed by Listing Office/Agent since 1995. Roof replaced after Hurricane Ida. Some units were unlivable after Ida and received major renovations. Others were not as damaged, remained livable but repaired. Length of occupancy ranges from 1-22 years; most are 7 plus years. Property has been maintained with repairs being made as needed including electrical, plumbing, painting, central unit replacements, etc.

Listing Agent

Teresa W Domangue

FOUR STAR REAL ESTATE, INC License #44667 Listed on: 12/17/2024

Property Details

Home Type

  • Multi-Family

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 100 x 148
  • Partially Fenced Property
  • Chain Link Fence

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 6,840 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring

Parking

  • 10 Parking Spaces
  • Parking Lot
  • Assigned Parking

Outdoor Features

  • Exterior Lighting
  • Porch

Utilities

  • Central Air
  • Multiple Heating Units
  • Cable TV Available

Listing and Financial Details

  • The owner pays for sewer, trash collection, water
  • Tax Lot 10-A & 10-B

Community Details

Overview

  • 8 Units
  • Barrow Subdivision

Building Details

  • Insurance Expense $13,172
  • New Taxes Expense $1,662

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.3
  • Lot Size: 100 x 148
  • Subdivision Name: Barrow
  • Directions: Turn onto Dixie Ave from Grand Caillou Road (Next to Taco Bell)/ Veer right at fork on to Richmond Ave. Turn right onto Memory Lane. Eight unit complex (Two buildings of four units each) will be on the left appx. one block from the end of Richmond Ave.
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 1
  • List_136: 90.687066
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Appliances: Refrigerator
  • Other Equipment: Other
  • Owner Pays: Sewer, Trash Collection, Water
  • Flooring: Tile
  • Interior Amenities: Ceiling Fan(s)

Exterior Features

  • Fencing: Chain Link, Other, Partial
  • Construction Type: Brick
  • Exterior Features: Lighting
  • Foundation Details: Slab
  • Patio And Porch Features: Porch

Garage/Parking

  • Parking Features: Assigned, Parking Lot
  • Total Parking Spaces: 10

Utilities

  • Cooling: Ceiling Fan(s),Central Air, AC Unit(s)
  • Cooling Y N: Yes
  • Heating: Central,Electric, Heat Unit(s)
  • Heating Yn: Yes
  • Utilities: Cable Available

Schools

  • Junior High Dist: Terrebonne Parish

Lot Info

  • Lot Size Sq Ft: 13068

Rental Info

  • Tenant Pays: Cable/Sat TV, Electricity

Multi Family

  • Number Of Units Total: 8
  • Insurance Expense: 13172

Tax Info

  • New Taxes Expense: 1662
  • Tax Lot: 10-A & 10-B

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2025 12/16/25 Price Changed $495,000 -8.3% $72 / Sq Ft
06/11/2025 06/11/25 Price Changed $540,000 -2.2% $79 / Sq Ft
12/17/2024 12/17/24 For Sale $552,000 -- $81 / Sq Ft
Source: Bayou Board of REALTORS

Source: Bayou Board of REALTORS

MLS Number: BY2024022414

Louisiana Terrebonne Parish Houma 70363

1407 Memory Ln, Houma, LA

For Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The data relating to real estate for sale on this web site comes in part from the IDX Program of the REALTOR® Association of Acadiana’ MLS. 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 deemed reliable, but not guaranteed accurate.

Nearby Homes
Listing Agent
Teresa W Domangue
Section Image
FOUR STAR REAL ESTATE, INC
(985) 304-9896