72194 Formosa Dr, Covington, LA 70435
Property image
Property image
OFF MARKET

$790,700

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

72194 Formosa Dr, Covington, LA 70435

Est. Refi. Payment $4,642/mo*
Refinance Your Home

Home Value

Trulia Estimate
$791K
Since last month
Decreased$7K (-0.9%)
Since last year
Increased$46K (+6.3%)
Since last sale
Increased$39K (+5.3%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +62% in the last 10 years
MonthEstimated value
2026
September 2026$769K
August 2026$789K
July 2026$776K
June 2026$775K
May 2026$785K
April 2026$779K
March 2026$796K
February 2026$800K
January 2026$758K
2025
2024
2023

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
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
19311 14th Ave, Covington, LA
2.11
Multi-Family Home
-
08/20/26
4
2
1,620
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
22401 Ray Keen Rd, Covington, LA
4.18
Multi-Family Home
-
03/20/26
8
5.5
3,200

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
Formosa Dr, Covington, LA 70433
0.01
-
-
-
-
Recently Sold
72174 Formosa Dr, Covington, LA 70433
0.06
$176,700
2
1
973
Off Market
72155 Formosa Dr, Covington, LA 70433
0.07
$217,200
3
2
1,226
Off Market
72149 Formosa St, Covington, LA 70433
0.08
$202,600
3
2
1,268
Off Market
19637 Highway 36, Covington, LA 70433
0.15
$141,500
2
1
1,054
Off Market
72127 E 1st St, Covington, LA 70433
0.20
$186,100
4
2
1,440
Off Market
19448 Melissa Ln, Covington, LA 70435
0.21
-
3
2
1,770
Recently Sold
20066 Highway 36, Covington, LA 70433
0.25
-
2
1
1,055
Recently Sold
19449 Jenkins Ave, Covington, LA 70433
0.25
$125,000
-
-
-
For Sale
72363 Wilkinson St, Covington, LA 70435
0.30
-
4
3
3,508
Recently Sold
72392 Military Rd, Covington, LA 70435
0.29
$837,800
3
2.5
3,424
Off Market

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

Multi-Family
Built in 2020
0.85 acre lot
4,828 sqft
$164/sqft

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). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $790,700, with a rent estimate of $1,612/month.
Last check for updates: about 18 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

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

Price and Tax history

DateEventPrice
May 12, 2025
Source: GSREIN #2494170
Sold
--
Apr 11, 2025
Source: GSREIN #2494170
Contingent
$748,000
Mar 31, 2025
Source: GSREIN #2494170
Listed For Sale
$748,000
Dec 24, 2023
Source: GSREIN #2410623
ListingRemoved
Sep 26, 2023
Source: GSREIN #2410623
PriceChange
$849,000
Price decreased by 3%

Market trends in Covington

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$351K
$5.17KMoM
Sale-to-List Price
98.3%
Price per sq ft
$172
$3MoM
Available listings
418
7MoM

Around this home

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

  • 44 % 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"
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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
    Flag
  • Kiki D.
    "Lots of dog owners nice quiet area for families. Lots of restaurants and things to do!!!!!!!!!!!!! "
    0
    Flag
  • 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
    Flag
  • Kghekmatdoost
    "Need to Drive everywhere. There is no public transportation To go to New Orleans takes about 40 minutes over toll bridge"
    0
    Flag
  • 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
    Flag
  • Charlesmonteiro
    "I work from home, so my commute is n/a. However; traffic in this area can get pretty congested. Xxxxx"
    0
    Flag
  • 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
    Flag
  • Carolyn M.
    "it's a great area with churches, stores, recreation, parks and other. Grew up here and still haven't left."
    0
    Flag
  • 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
    Flag
  • 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
    Flag
  • Icingluvr
    "I’ve lived in this neighborhood for 7 years and the neighbors look out for each other. It is beautiful and safe. "
    0
    Flag
  • 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
    Flag
  • Mariacouvillion
    "Lots of kids and friendly neighbors. Has never flooded. Easter egg hunts, 4th of July fireworks and New Years Eve fireworks"
    0
    Flag
  • 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
    Flag
  • 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
    Flag
  • 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. "
    0
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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
    Flag
  • Janelle P. B.
    "People are very friendly. Very quaint neighborhood with an old town feel. Everything is super safe. "
    0
    Flag
  • Anita C.
    "Neighborhood is nice and friendly Has neighborhood pool where everyone gets together a couple times a year. "
    0
    Flag
  • 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."
    0
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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. "
    0
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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! "
    0
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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
    Flag
  • mariacouvillion
    "We actually have a Facebook page with photos of our animals for easy identification. Very kid and pet friendly."
    0
    Flag

LGBTQ Local Legal Protections

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.

Frequently asked questions about 72194 Formosa Dr

  • What is 72194 Formosa Dr estimated to be worth?
    Trulia's estimated value for 72194 Formosa Dr in Covington, LA is $790,700.
  • What is the price history for 72194 Formosa Dr?
    72194 Formosa Dr in Covington, LA last sold in May 2025.
  • Is Covington a buyer's or seller's market?
    Covington is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Covington?
    The median sale price in Covington is $351K. That is up $5.17K from the prior month.
  • Does 72194 Formosa Dr have air conditioning?
    Yes, 72194 Formosa Dr in Covington, LA has air conditioning.
  • Does 72194 Formosa Dr have laundry facilities?
    Yes, 72194 Formosa Dr in Covington, LA has laundry facilities.

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