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Covington, LA Apartment Buildings for Sale

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Abita Springs, LA Mandeville, LA Madisonville, LA Folsom, LA Bush, LA Ponchatoula, LA Lacombe, LA Robert, LA
New Multifamily Apartment Buildings
Updated: Jun 15
New Multifamily Apartment Buildings

19427 North 2nd Street, Covington, LA 70433

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8,624 sqft
Year built 2026: brand‑new multifamily construction in Covington city limits
Two buildings at 19427 & 19419 N. 2nd St with 6 total units
Unit mix per building: two 3 bed/2 bath and one 2 bed/2 bath
Total building size: 4,312 SF across the two buildings
Finish details: luxury vinyl plank flooring and stone counters; hardy board siding
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Covington, LA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Brick 12-Unit Apartment Complex
Brick 12-Unit Apartment Complex

1300 S RANGE Road, Hammond, LA 70403

$1,600,000
11,784 sqft 0.84 AC lot

Twelve all-brick units with private storage and fenced parking on city utilities, close to downtown Hammond.

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Apartment Building with Five Units
Apartment Building with Five Units

1011 WILKINSON Street, Mandeville, LA 70448

$555,000
3,128 sqft 0.50 AC lot

Apartment building on a half-acre lot with five leased rental units and renovated kitchen updates.

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All-Brick 12-Unit Multifamily Complex
All-Brick 12-Unit Multifamily Complex

1300 S RANGE Road, Hammond, LA 70403

$1,600,000

Twelve all-brick two-bedroom units with private storage and parking on fenced concrete grounds near downtown Hammond.

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Fully Leased Apartment Building
Fully Leased Apartment Building

1011 Wilkinson Street, Mandeville, LA 70448

Contact for pricing

Apartment property with five residential units and full occupancy.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Ocean Springs Highway 90 Land
Ocean Springs Highway 90 Land

Bienville Blvd, Ocean Springs, MS 39564

$675,000
143,748 sqft 3.30 AC lot

3.3 acre commercial land on Highway 90, Ocean Springs.

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Waterfront Multifamily Land Parcel
Waterfront Multifamily Land Parcel

141 104TH Avenue, Treasure Island, FL 33706

$2,225,000
0.34 AC lot

Waterfront residential lot on a canal with multifamily zoning allowing up to five units.

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Commercial Buildable Land Parcel
Commercial Buildable Land Parcel

801 NW 36th Avenue, Norman, OK 73072

$250,000
0.74 AC lot

Buildable lot with approximately 370 feet of frontage on NW 36th Avenue and soil/engineering testing already completed.

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Buildable Lot for Luxury Condos
Buildable Lot for Luxury Condos

801 36th Ave NW, Norman, OK 73072

$285,000
0.74 AC lot

0.74 acre buildable lot zoned for low-density apartments.

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Off-Market Properties in Covington, LA

Consider similar Off-Market properties in Covington, LA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Terra Bella Blvd
Multifamily properties

0 Terra Bella Blvd, Covington, LA 70433

Value Estimation by Request
4.07 AC lot
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Covington, LA Apartment Buildings Market Trends and Statistics

Explore 2 apartment buildings for sale in Covington, LA on our real estate platform. These investment opportunities span a total of 8,624 square feet of properties for sale.

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Demographics Overview

Population 63K
Population Growth (5Y) +14.9%
Median Household Income $80,022
College Educated 34.2%

Taxes & Financing

Tax Rate (average for all types) 12.71%
Property Tax per SF $19.46 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in St. Tammany Parish

New Delisted

Total CRE Inventory on Market (SF)

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