Multifamily

Covington, LA Multifamily Properties for Sale

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Abita Springs, LA Mandeville, LA Madisonville, LA Bush, LA Ponchatoula, LA Lacombe, LA Folsom, LA Robert, LA
Duplex with Cash-Flow Tenants
Updated: Jul 16
Duplex with Cash-Flow Tenants

19311 14TH Avenue, Covington, LA 70433

$314,990
1,620 sqft 0.17 AC lot
Duplex producing approximately $3,000/month in gross rental income with long‑term tenants already in place.
HC‑3 Highway Commercial zoning provides flexibility for a variety of permitted uses.
Separate electrical meters and individual laundry areas support easier owner‑occupant or rental management.
Central HVAC with recent updates including upgraded HVAC system and ductwork in one unit.
Well water source and asphalt shingle roof; newer water heater reported.
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New Multifamily Apartment Buildings
Updated: Jun 15
New Multifamily Apartment Buildings

19427 North 2nd Street, Covington, LA 70433

$1,250,000
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 Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 2 Active listings in Covington, LA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 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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Duplex With One Vacant Unit
Duplex With One Vacant Unit

1539-1541 LIVE OAK Drive, Slidell, LA 70460

$239,000
2,081 sqft

Duplex offers one unit ready for immediate occupancy and one unit leased until December, with recent roof and A/C updates.

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Multifamily Redevelopment Property
Multifamily Redevelopment Property

38003 FRICKE Road, Slidell, LA 70460

$450,000
3.00 AC lot

HC-3 zoned property with multiple dwellings on two parcels, offering renovation or removal options.

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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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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.

Unimproved Land in Robert, Louisiana
Unimproved Land in Robert, Louisiana

26.85 Acres Heritage Acres Ln, Robert, LA 70455

$299,000
26.85 AC lot

26.85 acres of wooded lots near I-12.

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Three Acre Residential Land Parcels
Three Acre Residential Land Parcels

W YELLOW WATER Road lot: 0, Hammond, LA 70403

$85,000
3.00 AC lot

Three one-acre parcels suitable for mobile homes near Hammond.

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Land with River Frontage
Land with River Frontage

12436 DUSTY Lane lot: 0, Tickfaw, LA 70466

$92,000
7.33 AC lot

7.33 acre lot with Natalbany River frontage.

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Carriere, MS Land Opportunity
Carriere, MS Land Opportunity

NHN Darby Lane, Carriere, MS 39426

$75,000
9.80 AC lot

9.8 acres of land in a desirable Carriere location.

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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.

69122 3rd Ave
MOBILE HOME PARK, TRAILER PARK

69122 3rd Ave, Covington, LA 70433-5529

Value Estimation by Request
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560 Corniche Du Lac
MOBILE HOME PARK, TRAILER PARK

560 Corniche Du Lac, Covington, LA 70433-7259

$660,000
Estimated value
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19522 10th St
MOBILE HOME PARK, TRAILER PARK

19522 10th St, Covington, LA 70433-8895

Value Estimation by Request
1,363 sqft
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73292 Frst Crk Dr
MOBILE HOME PARK, TRAILER PARK

73292 Frst Crk Dr, Covington, LA 70433-7378

Value Estimation by Request
1,782 sqft
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904 Rue Chamonix
MOBILE HOME PARK, TRAILER PARK

904 Rue Chamonix, Covington, LA 70433-7365

Value Estimation by Request
2,149 sqft
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11340 Clover Knl Dr
MOBILE HOME PARK, TRAILER PARK

11340 Clover Knl Dr, Covington, LA 70433-7377

Value Estimation by Request
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505 Corniche Du Lac
MOBILE HOME PARK, TRAILER PARK

505 Corniche Du Lac, Covington, LA 70433-7260

$1,330,000
Estimated value
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133 Rue Marcelle
MOBILE HOME PARK, TRAILER PARK

133 Rue Marcelle, Covington, LA 70433-7364

Value Estimation by Request
1,972 sqft
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205 Saw Grass Loop
MOBILE HOME PARK, TRAILER PARK

205 Saw Grass Loop, Covington, LA 70435-7005

Value Estimation by Request
2,610 sqft
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598 Corniche Du Lac
MOBILE HOME PARK, TRAILER PARK

598 Corniche Du Lac, Covington, LA 70433-7259

$900,000
Estimated value
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16 Wax Myrtle Ln
MOBILE HOME PARK, TRAILER PARK

16 Wax Myrtle Ln, Covington, LA 70433-4578

Value Estimation by Request
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Chateau Papillon
MOBILE HOME PARK, TRAILER PARK

Chateau Papillon, Covington, LA 70433

$590,000
Estimated value
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916 Rue Chamonix
MOBILE HOME PARK, TRAILER PARK

916 Rue Chamonix, Covington, LA 70433-7365

Value Estimation by Request
2,039 sqft
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69 Hummingbird Rd
MOBILE HOME PARK, TRAILER PARK

69 Hummingbird Rd, Covington, LA 70433-4505

Value Estimation by Request
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20043 Kenny Ln
MOBILE HOME PARK, TRAILER PARK

20043 Kenny Ln, Covington, LA 70435-7711

Value Estimation by Request
1,600 sqft
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285 Lourdes Ln
MOBILE HOME PARK, TRAILER PARK

285 Lourdes Ln, Covington, LA 70435-6120

Value Estimation by Request
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705 Deer Frk Xing
MOBILE HOME PARK, TRAILER PARK

705 Deer Frk Xing, Covington, LA 70435-7013

Value Estimation by Request
2,211 sqft
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581 Corniche Du Lac
MOBILE HOME PARK, TRAILER PARK

581 Corniche Du Lac, Covington, LA 70433-7260

Value Estimation by Request
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61 Hummingbird Rd
MOBILE HOME PARK, TRAILER PARK

61 Hummingbird Rd, Covington, LA 70433-4505

$855,000
Estimated value
2,592 sqft
View details
70367 D St
MOBILE HOME PARK, TRAILER PARK

70367 D St, Covington, LA 70433-5114

Value Estimation by Request
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Chateau Papillon
MOBILE HOME PARK, TRAILER PARK

Chateau Papillon, Covington, LA 70433

Value Estimation by Request
View details
540 Tartan Trce
MOBILE HOME PARK, TRAILER PARK

540 Tartan Trce, Covington, LA 70435-3900

Value Estimation by Request
View details

Covington, LA Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties 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, with an estimated market value of $1,250,000.

Sale prices for multifamily properties in Covington, LA start at $1,250,000, averaging $1,250,000, and reaching up to $1,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 1
Duplexes 1
Triplexes 1

Demographics Overview

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

High-Yield Neighborhoods for Investment

Identify Covington submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
70433 $1.3M

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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