New Multifamily Apartment
For Sale
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19427 North 2nd Street, Covington, LA 70433
Two brand-new buildings with six total units, mixing 3 bed/2 bath and 2 bed/2 bath layouts.
Property Size8,624 SF
Price / SF$144.94
Days on Market51
Property Features for 19427 North 2nd Street
General Information
Standard status
Active
Size
8,624 SF
Property subtype
Multifamily
Building Details
Year Built
2026
Listing Agency:
KPG Realty
Listed By:
Brent Cordell · License #LA
Source:
Crexi
Added: Jun 15
Changed: Jul 10
Last Checked: Aug 4 at 5:41AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KPG Realty
Investment Insights
Based on property information with market context.
This offering features brand-new multifamily construction within Covington city limits, presented as two separate buildings at 19427 and 19419 N. 2nd St. Each building is configured with two 3-bedroom/2-bath units and one 2-bedroom/2-bath unit, for a total of six residential units. The buildings total 4,312 square feet and are set with ample greenspace between them. Interior finishes include luxury vinyl plank flooring and stone counters, and the exterior is finished with hardy board siding.
The property is located in close proximity to the heart of downtown Covington, with easy access to I-12 minutes away. This places the residences within a practical commute range for area employment while keeping the development situated on North 2nd Street.
For tenants and investors seeking a newer rental product, the unit mix provides flexibility across bedroom counts while maintaining consistent design and finish standards across both buildings. The presence of multiple unit types within a cohesive, brand-new two-building configuration may appeal to operators looking to manage several homes together under one ownership structure.
The property is located in close proximity to the heart of downtown Covington, with easy access to I-12 minutes away. This places the residences within a practical commute range for area employment while keeping the development situated on North 2nd Street.
For tenants and investors seeking a newer rental product, the unit mix provides flexibility across bedroom counts while maintaining consistent design and finish standards across both buildings. The presence of multiple unit types within a cohesive, brand-new two-building configuration may appeal to operators looking to manage several homes together under one ownership structure.
Key Highlights
- 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
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,160
Businesses Nearby
Explore this area
Business Placement
Demographics for 70433, LA
41,423
Population
18,712
Households
2.2
Avg Household Size
42
Median Age
45%
College-Educated
93%
High-School Grad
48.7 sq mi
ZIP Area
851
Density / Sq Mi
$79,354
Median Household Income
$47,406
Median Earnings
$1,373
Median Rent
$316,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Two brand-new buildings with six total units, mixing 3 bed/2 bath and 2 bed/2 bath layouts.
Where is this triplex located?
The property is located at 19427 North 2nd Street Covington, LA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 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
