72194 Formosa Drive
Covington, LA 70433
- 12 beds
- 8 baths
- 4,828 sqft
- $154 per sqft
- 2020 build
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!!
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Mar 31, 2025
•
MLS# 2494170 —
The Building
-
Year Built:2020
-
Year Built Details:72204 & 72206 built in 2023, 72194 & 72198 built in 2020.
-
Construction Materials:Vinyl Siding
-
Architectural Style:Traditional
-
Building Area Source:Plans
-
Roof:Shingle
-
Foundation:Slab
-
Exterior Features:Fence, Porch
-
Patio Features:Porch
-
Levels:One
-
Stories:1
-
Green Energy Efficient:Insulation, Lighting, Windows
Interior
-
Rooms Total:6
-
Living Area:4828
-
Living Area Source:Plans
-
Laundry Features:In Unit
Financial & Terms
-
Home Warranty:No
Location
-
Cross Street:Hwy 36
The Property
-
Parcel Number:128960
-
Property Type:Residential Income
-
Property Subtype:Quadruplex
-
Property Subtype Additional:Quadruplex
-
Property Condition:Excellent
-
Lot Features:Corner Lot, Irregular Lot, Outside City Limits
-
Lot Size Area:0.8527
-
Lot Size Acres:0.8527
-
Lot Size Dimensions:30 x 213 x 159 x 196
Listing Agent
- Contact info:
- Agent phone:
- (985) 778-1043
- Office phone:
- (985) 778-1043
Taxes
-
Tax Legal Description:LOT 16 AZALEA PARK CB 479 368 CB 1375 147 CB 1432 885 INST NO 1728675 INST NO 2192086
Beds
-
Bedrooms Total:12
Baths
-
Full Baths:8
The Listing
-
Current Price:$748,000
-
Special Listing Conditions:None
Heating & Cooling
-
Heating:Central
-
Heating:Yes
-
Cooling:Central Air
-
Cooling:Yes
Utilities
-
Sewer:Public Sewer
-
Water Source:Public
The Community
-
Subdivision Name:Not A Subdivision
-
Pool Features:None
Parking
-
Parking Features:Off Street, Parking Lot
Extra Units
-
# of Units Total:4
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/30/25
Mar 30, 2025
|
Listed / Active | GSREIN | $748,000 | 1949.3% (376.1% / YR) |
|
1/24/20
Jan 24, 2020
|
GSREIN | $36,500 | ||
|
11/25/19
Nov 25, 2019
|
GSREIN |
