72194 Formosa Dr, Covington, LA 70435
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OFF MARKET

72194 Formosa Dr
Covington, LA 70435

  • 12 Beds
  • 8 Baths
  • 4,828 sqft (on 0.85 acres)

$806,000

Trulia Estimate
as of Jul 28, 2026
Est. Refi. Payment $4,636/mo*
Refinance Your Home

$806,000

Trulia Estimate
as of Jul 28, 2026
Est. Refi. Payment $4,636/mo*
Refinance Your Home
12 Beds
8 Baths
4,828 sqft
(on 0.85 acres)

Local Information

  • Map ViewExplore the area around 72194 Formosa Dr.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
2020
Lot Size
0.85 acres
Living Area
4,828 sqft
Price/Sqft
$167

About this House

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!!
72194 Formosa Dr, Covington, LA 70435 is a 12 bedroom, 8 bathroom, 4,828 sqft multi-family built in 2020. It last sold for $730,000 on May 12, 2025 (2% below the $748,000 asking price). It is currently off market. The Trulia Estimate is $806,000, with a rent estimate of $1,624/month.

Home Details for 72194 Formosa Dr

Active Status

MLS Status: Closed

Interior Features

Interior Details
Number of Rooms: 6Types of Rooms: Primary Bedroom, Bedroom, Dining Room, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 12Number of Bathrooms: 8Number of Bathrooms (full): 8
Dimensions and Layout
Living Area: 4828 Square Feet
Appliances & Utilities
Laundry: In Unit
Heating & Cooling
Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central
Levels, Entrance, & Accessibility
Stories: 1Levels: One

Exterior Features

Exterior Home Features
Roof: ShinglePatio / Porch: PorchExterior: Fence, PorchFoundation: Slab
Parking & Garage
No Attached GarageParking: Off Street,Parking Lot,Three or more Spaces
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 2020
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Quadruplex, Multi Family, Multi FamilyArchitecture: Traditional
Building
Construction Materials: Vinyl SidingDoes Not Include Home Warranty
Property Information
Condition: ExcellentParcel Number: 128960

Price & Status

Price
List Price: $748,000
Status Change & Dates
Off Market Date: Mon May 12 2025

Location

Direction & Address
City: CovingtonCommunity: Not a Subdivision

Lot Information

Lot Area: 0.85 acres

Listing Info

Special Conditions: None

Energy

Energy Efficiency Features: Insulation, Lighting, Windows

Business

Expense
Tenant Pays: Electricity, Water

Miscellaneous

Mls Number: 2494170Living Area Range Units: Square FeetAbove Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-22103-N-128960-R-N
Last check for updates: about 19 hours ago
Listed by Ashley Callahan, (985) 705-5160
1 Percent Lists Gulf South
Bought with: Gayle Macomber, (985) 290-2573, RE/MAX Select
Source: GSREIN, MLS#2494170

Price History for 72194 Formosa Dr

DatePriceEventSource
05/12/2025--Sold
GSREIN #2494170
04/11/2025$748,000ContingentGSREIN #2494170
03/31/2025$748,000Listed For SaleGSREIN #2494170
12/24/2023ListingRemovedGSREIN #2410623
09/26/2023$849,000PriceChange
GSREIN #2410623
09/07/2023$875,000Listed For SaleGSREIN #2410623
01/24/2020--Sold
GSREIN #2210909

Market trends in Covington

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$330K
$12.05KMoM
Sale-to-List Price
97.9%
0.3%MoM
Price per sq ft
$174
$3MoM
Available listings
435
3MoM
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Property Tax and Assessment

Year2025
Tax$8,469
Assessment$680,862
Home facts updated by county records

Comparable Sales for 72194 Formosa Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
434-436 S Taylor St, Covington, LA
1.96
Multi-Family Home
-
03/26/26
4
3
1,800
513 N Jackson St #B, Covington, LA
1.39
Multi-Family Home
-
05/25/26
1
1
900
513B N Jackson St, Covington, LA
2.03
Multi-Family Home
-
05/25/26
3
3
2,700
20121 Helenbirg Rd, Covington, LA
3.14
Multi-Family Home
-
10/10/25
4
3
2,200
150-152 Walnut St, Covington, LA
4.34
Multi-Family Home
-
01/22/26
4
3
2,370
225-27 Pear St, Covington, LA
4.20
Multi-Family Home
-
09/26/25
4
2
1,760

Nearby homes

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Assigned Schools

These are the assigned schools for 72194 Formosa Dr.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Covington

At least 208 Trulia users voted on each feature.

  • 90 % Say car is needed

  • 88 % Say yards are well-kept

  • 84 % Say parking is easy

  • 84 % Say it's dog friendly

  • 79 % Say there's holiday spirit

  • 73 % Say kids play outside

  • 71 % Say it's quiet

  • 64 % Say people would walk alone at night

  • 56 % Say there's wildlife

  • 54 % Say neighbors are friendly

  • 54 % Say they plan to stay for at least 5 years

  • 45 % Say there are community events

  • 32 % Say streets are well-lit

  • 29 % Say it's walkable to grocery stores

  • 28 % Say there are sidewalks

  • 24 % Say it's walkable to restaurants

Sourced by Trulia users. Learn more about our methodology.
  • Kiki D.
    "Community is a collective of a great group of friends and neighbors. Everyone looks out for all the neighbors in this community "
    0
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  • Jamie Johnson
    "Not walkable to a convenient store but, only about a mile drive by car and also fast food and restaurants."
    0
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  • Anita Canafax
    "We have neighbor pool with a party at the first of the pool season. There are no sidewalks in this area but cars are care to go around walkers"
    0
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  • Alexis Lee
    "Easy to get to everything but the traffic is horrible from 2-7pm everyday. Not a bad place to live if you’re okay with city life. The part I live in floods when it rains really hard as well. "
    0
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  • Kiki D.
    "Lots of dog owners nice quiet area for families. Lots of restaurants and things to do!!!!!!!!!!!!! "
    0
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  • Rdickersonrealtor
    "Great place. Culture, safety, friendly. Great place to live. There’s always something fun going on. "
    3
    Flag
  • Courtlin3
    "Slightly too long but it’s nice to be tucked away and also within 30 minutes of my office m. Traffic is worse between 7:30-8:30 and 4:30-6:00"
    1
    Flag
  • Jeromy F.
    "great place to raise a family great place to bike great place for outdoor activities friendly neighborhood "
    2
    Flag
  • Bobby.hooge
    "It’s a super clean and quiet place to live. Neighbors are friendly as well. No heavy traffic. Great place "
    0
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  • Kghekmatdoost
    "Need to Drive everywhere. There is no public transportation To go to New Orleans takes about 40 minutes over toll bridge"
    0
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  • Claudefish
    "I see lots of dogs being walked by neighbors, so lots of dog friendly folks. Dogs have to be on leashes or kept on the owner’s property and owners have to pick up the poop when walking their dogs. "
    1
    Flag
  • Carolyn M.
    "Beautiful neighborhood with great people. Grocery, shopping and eats very close by. Not far from town. "
    0
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  • Charlesmonteiro
    "I work from home, so my commute is n/a. However; traffic in this area can get pretty congested. Xxxxx"
    0
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  • Madison A.
    "Great private schools! Absolutely a great place to raise children- maybe not the best for young couples who are looking for a social life."
    0
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  • Carolyn M.
    "it's a great area with churches, stores, recreation, parks and other. Grew up here and still haven't left."
    0
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  • Adrienne B.
    "Covington is a great place to live. its semi close to shops and restaurants and there's quick access to the causeway to New Orleans. Locals are friendly. "
    0
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  • Melbroadbridge
    "Annual meeting, newsletter, neighborhood clean up and a Facebook page. Great place to live. Been here for 31 years."
    1
    Flag
  • Zhaniece P.
    "The commute is average especially if you plan ahead of the very light traffic that there is.. you’ll be fine."
    0
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  • Icingluvr
    "I’ve lived in this neighborhood for 7 years and the neighbors look out for each other. It is beautiful and safe. "
    0
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  • Melbroadbridge
    "Friendly and safe. Clean and has everything you need. Small town feeling. Great places to eat and shop. Many churches and schools."
    1
    Flag
  • Kristin T.
    "I grew up in the Abita/COVINGTON area and love it. It’s safe, has plenty to do and enough shopping. "
    0
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  • Mariacouvillion
    "Lots of kids and friendly neighbors. Has never flooded. Easter egg hunts, 4th of July fireworks and New Years Eve fireworks"
    0
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  • Fnp42990
    "The downtown area always has something fun to do. Not only do they have fun for kids, there is also a lot for adults!"
    0
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  • Katy E.
    "Great area for pets. Many clean up stations to use for pet disposal. I see several dog owners and plenty of family friendly neighborhoods. "
    0
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  • Missmeryllussan
    "Don’t trust the judicial system. St.Tammany parish is all about that money honey! Property taxes are ridiculously outrageous! It seems after hurricane Katrina, a lot changed. New people, new attitudes, new accents, and covington grew into a concrete jungle. I live in the north rural part of Covington. It was a quiet town, but it seemed as if everyone knew on another or a family member etc. Parents: the schools are ridiculous now. They do not teach cursive writing in school anymore... I suggest homeschooling your children or sending them to a private school. "
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  • Fireyedwitch
    "nice area friendly neighborhood quiet most of the time good schools very close to major stores and eateries"
    0
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  • Sabrinapolk347
    "They always walking with there dog the kids like the dogs there are friendly playful they take the dogs to the park to play ball"
    0
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  • Janelle P. B.
    "People are very friendly. Very quaint neighborhood with an old town feel. Everything is super safe. "
    0
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  • Anita C.
    "Neighborhood is nice and friendly Has neighborhood pool where everyone gets together a couple times a year. "
    0
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  • Philip &. L. L.
    "great place for couples and kids. local bike trace, kayaking, and paddleboarding. living in Magnolia Gardens allows us to have privacy with 2+ acres. "
    0
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  • Unspecified
    "There are many families in this area, the schools are great and I feel safe. It’s close to Stone Creek, and the YMCA. We also have a sports recreation center near by. "
    0
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  • Shelly M.
    "The Police are brutal to teenagers! Don’t raise boys here , unless the are very well behaved The is no public transportation and no decent parks. None ! They don’t even have a mall "
    0
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  • Reiss J.
    "Good safe area for kids. No trouble or danger even at night. Sweet and quiet neighbors with common courtesy."
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  • NCD
    "Downtown Covington is beautiful, walkable, and entertaining. Living nearby means you get easy access to block parties, parades, and the farmer’s market. "
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  • Smmproperties01
    "Old Covington has so much free entertainment, from monthly block parties, to free concerts in the park, and regularly art shows and our wonderful farmers market. I could go on and one! rich in history and loads of architecture, quaint little antique shops and incredible restaurants. Yep, Covington is a charming safe little town! "
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  • Ccolley39
    "Lots of people own dogs and walk them. There is a leash regulation in this neighborhood and almost everyone obeys it. "
    0
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  • Mel G. W.
    "Dog friendly, everyone has a dog. Dogs are friendly. Owners clean up after their pets. There are free waste bags and trash cans to dispose the poop."
    0
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  • mariacouvillion
    "We actually have a Facebook page with photos of our animals for easy identification. Very kid and pet friendly."
    0
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Homes for sale near 72194 Formosa Dr

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Off Market Homes Near 72194 Formosa Dr

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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.