72194 Formosa Dr Covington, LA 70433
Property details
About 72194 Formosa Dr
Fantastic 4-plex (two duplexes) near the heart of Downtown Covington! Three units leased with long-term tenants, and fourth unit vacant and available to show. House hack and owner occupy with an FHA loan and as little as 3.5% down! Or purchase with traditional investment financing and lease out the vacant unit. One duplex (Units 72194/72198) was built in 2020 with one side currently rented and the other vacant for showing. The other duplex (Units 72204/72206) was built in 2023 and is fully leased. Both duplexes have the same floor plans and are 1207 sqft per unit with 3 bedrooms and 2 bathrooms. The duplexes have stained concrete floors for easy maintenance, and an open floor plan main living area, with large closets throughout. Flood Zone C (flood insurance not required)! The back porches on all units overlook the Tammany Trace and provide privacy from each other with partial fencing. Great location as it just 5 minutes to downtown Abita Springs or 5 minutes to downtown Covington. Each unit is furnished with electric stove, microwave, dishwasher, washer/dryer hookups, ceiling fans and blinds. Concrete parking pad for up to 8 vehicles. Private, corner lot with no through traffic. Tenants pay all utilities and maintain their respective lawns. A MUST SEE!!
Highlights
(Active Under Contract)
Summary
- MLS Number: 2494170
- MLS Name: NOMAR
- Office Name: 1 Percent Lists Gulf South
- Office Phone: (985) 778-1043
- Office Email: laurasells17@yahoo.com
- Listing Agent: Ashley Callahan
- Agent Phone: (985) 705-5160
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Last updated on: 4/24/2025, 8:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$748,000
72194 Formosa Dr
$8,883
closing credit¹
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0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 28, 2020 | Home Sold | $36,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $31,258 | $4,026 |
| 2022 | $31,258 | $4,030 |
| 2021 | $31,258 | $4,030 |
History based on county public records data.
Nearby schools
6
E.E. Lyon Elementary School
Public District PK-3
1.6 mi
•1615 N Florida St
7
Covington Elementary School
Public District PK-3
1.8 mi
•325 S Jackson St
5
Pine View Middle School
Public District 4-6
1.8 mi
•1200 W 27th Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $39,519. Residents of Covington, LA typically earn less than $<35k each year. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Extreme Sports
Figure Skating
Pro Wrestling
Where do the neighbors shop?
Academy Sports & Outdoors
Kmart
Stein Mart
Where do the neighbors go to eat?
Little Caesars
Bob Evans
Dominos Pizza
What do the neighbors drive?
Chevrolet
Buick
Ford
What do the neighbors listen to?
Country
Oldies
Adult Standards
Frequently asked questions
Living in Covington, LA
About 72194 Formosa Dr
This home is located at 72194 Formosa Dr in Covington, LA and zip code 70433. This 4,828 square foot home, which was built in 2020, sits on a 0.85 acre lot. Features: 12 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since March 31, 2025 and is currently priced at $748,000.
In March 2025, from all listings sold in Covington, LA there were more than 3 sold above asking price, over 30 sold below and more than 22 were sold right at the asked price. The number of homes for sale in Covington, LA increased by 15.4% between February and March 2025. Listings spent 52 days on the market in March 2025, and had a median list price of $319,890 during the same period.