Multifamily

Covington, LA Multifamily Properties for Sale

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Mandeville, LA Abita Springs, LA Madisonville, LA Folsom, LA Bush, LA Ponchatoula, LA Lacombe, LA Robert, LA
Four-Suite Mixed-Use Property
Updated: Jul 21
Four-Suite Mixed-Use Property

700 Covington Center, Covington, LA 70433

$425,000
3,524 sqft
3,524‑square‑foot mixed‑use property built in 1981
Four separate suites: two commercial and two residential apartments
Suite A leased to a hair salon
Suite B is a vacant, move‑in‑ready office suite
Suite C is a leased upstairs residential apartment
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This listing looks promising.

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700 Covington Center, Covington, LA 70433

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Multifamily Property with Guest House
Updated: Feb 20
Multifamily Property with Guest House

23375 LOWE DAVIS Road, Covington, LA 70435

$698,000
4,249 sqft 6.51 AC lot
4,249‑square‑foot main residence with 5 bedrooms and 4.5 baths
Newer 1,272‑square‑foot guest house with 2 bedrooms and 2 full baths
Two primary suites located on the first floor of the main residence
6.51 acres with stocked pond, fishing dock, fire pit, and sandy beach area
Guest house includes a private driveway, fenced backyard, storage building, and separate meter
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Duplex With New Roof
Duplex With New Roof

158-160 BEECH Street, Covington, LA 70443

$310,000
2,250 sqft 0.30 AC lot

Two separate residences offer private outdoor areas, in-unit laundry, central systems, and off-street parking.

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New Multifamily Apartment Buildings
New Multifamily Apartment Buildings

19427 N 2nd St, Covington, LA 70433

$1,250,000
8,624 sqft

Two brand-new buildings with six total units, mixing 3 bed/2 bath and 2 bed/2 bath layouts.

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Two-Unit Duplex with New Roof
Two-Unit Duplex with New Roof

158-160 Beech St, Covington, LA 70433

$310,000
2,250 sqft

Two residential units combine private outdoor areas, laundry, and durable tile finishes.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 5 Active listings in Covington, LA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 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.

Renovated Six-Bedroom Duplex
Renovated Six-Bedroom Duplex

1507 09 HICKORY Street, Slidell, LA 70458

$239,000
1,812 sqft

Two matching units create a six-bedroom, two-full-bath residential income property with private outdoor areas.

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Two-Unit Duplex Property
Two-Unit Duplex Property

1528-1530 Live Oak St, Slidell, LA 70460

$165,500
2,107 sqft 0.40 AC lot

Both residences offer three bedrooms, private outdoor space, and functional layouts with kitchens and laundry rooms.

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All-Brick Duplex with Storage
All-Brick Duplex with Storage

149-155 Remmy Court, Mandeville, LA 70448

$369,000
1,968 sqft

Occupied two-unit property with central air, original finishes, and storage-only garage fronts.

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Lakefront Mixed-Use Building
Lakefront Mixed-Use Building

1943 Lakeshore Dr, Mandeville, LA 70448

Contact for pricing

Commercial property with three upstairs residences and a gutted lower level following Hurricane Ida.

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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.

Vacant Lot with Oak Trees
Vacant Lot with Oak Trees

0 HUEY Street, Lacombe, LA 70445

Contact for pricing

Vacant lot in quiet neighborhood with mature oak trees.

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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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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

$75,000
Estimated value
View details
19522 10th St
MOBILE HOME PARK, TRAILER PARK

19522 10th St, Covington, LA 70433-8895

$170,000
Estimated value
1,363 sqft
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73292 Frst Crk Dr
MOBILE HOME PARK, TRAILER PARK

73292 Frst Crk Dr, Covington, LA 70433-7378

$205,000
Estimated value
1,782 sqft
View details
904 Rue Chamonix
MOBILE HOME PARK, TRAILER PARK

904 Rue Chamonix, Covington, LA 70433-7365

$310,000
Estimated value
2,149 sqft
View details
11340 Clover Knl Dr
MOBILE HOME PARK, TRAILER PARK

11340 Clover Knl Dr, Covington, LA 70433-7377

$255,000
Estimated value
View details
505 Corniche Du Lac
MOBILE HOME PARK, TRAILER PARK

505 Corniche Du Lac, Covington, LA 70433-7260

$85,000
Estimated value
View details
133 Rue Marcelle
MOBILE HOME PARK, TRAILER PARK

133 Rue Marcelle, Covington, LA 70433-7364

$290,000
Estimated value
1,972 sqft
View details
205 Saw Grass Loop
MOBILE HOME PARK, TRAILER PARK

205 Saw Grass Loop, Covington, LA 70435-7005

$410,000
Estimated value
2,610 sqft
View details
598 Corniche Du Lac
MOBILE HOME PARK, TRAILER PARK

598 Corniche Du Lac, Covington, LA 70433-7259

$765,000
Estimated value
View details
16 Wax Myrtle Ln
MOBILE HOME PARK, TRAILER PARK

16 Wax Myrtle Ln, Covington, LA 70433-4578

$255,000
Estimated value
View details
Chateau Papillon
MOBILE HOME PARK, TRAILER PARK

Chateau Papillon, Covington, LA 70433

$500,000
Estimated value
View details
916 Rue Chamonix
MOBILE HOME PARK, TRAILER PARK

916 Rue Chamonix, Covington, LA 70433-7365

$380,000
Estimated value
2,039 sqft
View details
69 Hummingbird Rd
MOBILE HOME PARK, TRAILER PARK

69 Hummingbird Rd, Covington, LA 70433-4505

$280,000
Estimated value
View details
20043 Kenny Ln
MOBILE HOME PARK, TRAILER PARK

20043 Kenny Ln, Covington, LA 70435-7711

$250,000
Estimated value
1,600 sqft
View details
285 Lourdes Ln
MOBILE HOME PARK, TRAILER PARK

285 Lourdes Ln, Covington, LA 70435-6120

$55,000
Estimated value
View details
705 Deer Frk Xing
MOBILE HOME PARK, TRAILER PARK

705 Deer Frk Xing, Covington, LA 70435-7013

$380,000
Estimated value
2,211 sqft
View details
581 Corniche Du Lac
MOBILE HOME PARK, TRAILER PARK

581 Corniche Du Lac, Covington, LA 70433-7260

$115,000
Estimated value
View details
61 Hummingbird Rd
MOBILE HOME PARK, TRAILER PARK

61 Hummingbird Rd, Covington, LA 70433-4505

$795,000
Estimated value
2,592 sqft
View details

Covington, LA Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Covington, LA, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 20,897 square feet of properties for sale, with an estimated market value of $2,993,000.

Sale prices for multifamily properties in Covington, LA start at $310,000, averaging $598,600, 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

Duplexes 2
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
Independence - 70443 $310K
Covington - 70433 $670.8K

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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