**Investor's Dream - Duplex with Income Potential** Unlock the potential of this duplex, an excellent opportunity for savvy investors looking to maximize returns. With just a little TLC, this property can shine and provide a steady stream of rental income. Each unit offers spacious living areas, and the current rental market in the area supports rates between $1,200 and $1,600 per month per unit. Located in an area with many amenities, including shopping, restaurants, and entertainment options, this duplex is also situated within a highly-rated school district—making it even more appealing to potential tenants. Whether you’re looking to rent out both units or live in one while renting the other, this property is a fantastic opportunity to build equity and generate cash flow. Don’t miss out on this chance to invest in a property with such promising potential!
The median home value in Covington, LA is $207,300. This is higher than the county median home value of $182,700. The national median home value is $219,700. The average price of homes sold in Covington, LA is $207,300. Approximately 61.78% of Covington homes are owned, compared to 28.72% rented, while 9.5% are vacant. Covington real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Covington real estate agent to arrange a tour today!
Covington, Louisiana 70433 has a population of 9,925. Covington 70433 is more family-centric than the surrounding county with 32.99% of the households containing married families with children. The county average for households married with children is 32.63%.
The median household income in Covington, Louisiana 70433 is $57,438. The median household income for the surrounding county is $66,539 compared to the national median of $57,652. The median age of people living in Covington 70433 is 36.5 years.
The average high temperature in July is 90.5 degrees, with an average low temperature in January of 39.6 degrees. The average rainfall is approximately 62.6 inches per year, with 0 inches of snow per year.