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$2,260,000

Offered at $2,260,000, this 11-property single-family rental portfolio is a stabilized income investment in Covington, Louisiana, one of the most sought-after residential markets on the Northshore of Lake Pontchartrain. All 11 homes are 3 bedroom, 2 bathroom properties ranging from 1,330 to 1,554 square feet and were built between 2003 and 2016. All 11 properties are located within the same neighborhood, offering an investor operational efficiency PLUS a proven rental track record. Over the last two years, the portfolio generated an NOI of approximately $150,000 to $160,000. It is priced at a 7% cap rate based on the 2025 NOI with gross rents totaling $230,000+. Tenants are long-term and stable, keeping vacancy and turnover costs low and providing reliable cash flow from acquisition. Individual property values are estimated between $210,000 and $240,000. Located in St. Tammany Parish, the portfolio sits within one of Louisiana's strongest demographic and economic submarkets, a market with a 2024 population over 278,000, median household income of nearly $80,000, and consistent annual growth across population, households, and income. Covington serves as the parish's corporate hub, home to Fortune 500 companies and anchored by major healthcare employers including St. Tammany Parish Hospital and Ochsner Medical Center. With top-rated public and private schools, low crime, and easy access to New Orleans via the Causeway, the Northshore consistently attracts quality, long-term residents, making it a highly reliable rental market for this portfolio's continued performance.

2548681 MLS

Offered at $2,260,000, this 11-property single-family rental portfolio is a stabilized income investment in Covington, Louisiana, one of the most sought-after residential markets on the Northshore of Lake Pontchartrain. All 11 homes are 3 bedroom, 2 bathroom properties ranging from 1,330 to 1,554 square feet and were built between 2003 and 2016. All 11 properties are located within the same neighborhood, offering an investor operational efficiency PLUS a proven rental track record. Over the last two years, the portfolio generated an NOI of approximately $150,000 to $160,000. It is priced at a 7% cap rate based on the 2025 NOI with gross rents totaling $230,000+. Tenants are long-term and stable, keeping vacancy and turnover costs low and providing reliable cash flow from acquisition. Individual property values are estimated between $210,000 and $240,000. Located in St. Tammany Parish, the portfolio sits within one of Louisiana's strongest demographic and economic submarkets, a market with a 2024 population over 278,000, median household income of nearly $80,000, and consistent annual growth across population, households, and income. Covington serves as the parish's corporate hub, home to Fortune 500 companies and anchored by major healthcare employers including St. Tammany Parish Hospital and Ochsner Medical Center. With top-rated public and private schools, low crime, and easy access to New Orleans via the Causeway, the Northshore consistently attracts quality, long-term residents, making it a highly reliable rental market for this portfolio's continued performance.

70046 4th St, Covington

$255,000

Only 3 years old, miticulously maintained and move-in ready, this Covington home has that fresh, easy feel you've been looking for. Step inside to a comfortable split floor plan with 3 bedrooms, 2 baths, and no carpet throughout. The kitchen is made for everyday living with granite countertops, stainless steel appliances, an abundance of storage, and a breakfast bar that opens to the dining area. Tucked away for a little extra privacy, the primary suite gives you plenty of room to unwind. The oversized bath features dual sinks, a soaking tub, separate step-in shower, and a large walk-in closet with plenty of shelving. From the living room, step outside to the covered patio and partially fenced backyard, a quiet little spot for morning coffee, evening dinners, or simply relaxing at the end of the day. And when you're ready to head out, shopping, schools, restaurants, and everything Covington has to offer are just minutes away. Refrigerator, washer and dryer can remain.

3 Beds ⋅ 2 Baths ⋅ 2572048 MLS

Only 3 years old, miticulously maintained and move-in ready, this Covington home has that fresh, easy feel you've been looking for. Step inside to a comfortable split floor plan with 3 bedrooms, 2 baths, and no carpet throughout. The kitchen is made for everyday living with granite countertops, stainless steel appliances, an abundance of storage, and a breakfast bar that opens to the dining area. Tucked away for a little extra privacy, the primary suite gives you plenty of room to unwind. The oversized bath features dual sinks, a soaking tub, separate step-in shower, and a large walk-in closet with plenty of shelving. From the living room, step outside to the covered patio and partially fenced backyard, a quiet little spot for morning coffee, evening dinners, or simply relaxing at the end of the day. And when you're ready to head out, shopping, schools, restaurants, and everything Covington has to offer are just minutes away. Refrigerator, washer and dryer can remain.

70413 D St, Covington

$255,000

Beautifully maintained three-bedroom, two-bath home situated on a corner lot in St. Tammany Hills Subdivision. This pristine home features a spacious den with a wood-burning fireplace, a separate breakfast room, and a versatile flex room perfect for a home office or additional living space. The primary suite offers a private bath with double sinks and a separate shower. Enjoy rear yard access and a large fenced backyard ideal for entertaining, complete with two storage sheds. Move-in ready and full of charm!

3 Beds ⋅ 2 Baths ⋅ 2571771 MLS

Beautifully maintained three-bedroom, two-bath home situated on a corner lot in St. Tammany Hills Subdivision. This pristine home features a spacious den with a wood-burning fireplace, a separate breakfast room, and a versatile flex room perfect for a home office or additional living space. The primary suite offers a private bath with double sinks and a separate shower. Enjoy rear yard access and a large fenced backyard ideal for entertaining, complete with two storage sheds. Move-in ready and full of charm!

70081 10th St, Covington

$255,000

New Home...$0 DOWN PAYMENT home approved for USDA 100% financing program - Large open floor plan with big kitchen, stainless appliances, undermounted stainless sink, recessed lighting, luxury LTV Floors, Custom Cabinets, Large Laundry Room, Walk-in closets in all the bedrooms, main bedroom features a large garden tub, separate shower, double vanities, and a 9x8 walk-in closet. Full privacy fenced yard with rear yard access for boats, RVs, four-wheelers, and extra vehicle parking. Large backyard with the perfect spot to add a storage building/workshop. Covered front porch perfect for two rocking chairs. The home has a full warranty, so you don't have any maintenance. Super-convenient location, minutes from shopping, schools, and restaurants. Best Flood X Flood Insurance is Not Required By The Lender.

3 Beds ⋅ 2 Baths ⋅ 2567047 MLS

New Home...$0 DOWN PAYMENT home approved for USDA 100% financing program - Large open floor plan with big kitchen, stainless appliances, undermounted stainless sink, recessed lighting, luxury LTV Floors, Custom Cabinets, Large Laundry Room, Walk-in closets in all the bedrooms, main bedroom features a large garden tub, separate shower, double vanities, and a 9x8 walk-in closet. Full privacy fenced yard with rear yard access for boats, RVs, four-wheelers, and extra vehicle parking. Large backyard with the perfect spot to add a storage building/workshop. Covered front porch perfect for two rocking chairs. The home has a full warranty, so you don't have any maintenance. Super-convenient location, minutes from shopping, schools, and restaurants. Best Flood X Flood Insurance is Not Required By The Lender.

70367 D St, Covington

$246,500

*Bring all offers!* This warm and inviting property is a rare cream puff! Great condition and move in ready! Home features numerous upgrades throughout, including granite countertops with a breakfast bar. The home also includes a spacious living room and open concept with corner fireplace and vaulted ceilings. Generous primary suite includes a spacious closet, and en suite bathroom with both shower and bathtub. Home has an attached garage and includes a laundry area and laundry sink, with electric door opener. Exterior features a fenced yard and covered patio. Shed in backyard remains with property.

3 Beds ⋅ 2 Baths ⋅ 2561935 MLS

*Bring all offers!* This warm and inviting property is a rare cream puff! Great condition and move in ready! Home features numerous upgrades throughout, including granite countertops with a breakfast bar. The home also includes a spacious living room and open concept with corner fireplace and vaulted ceilings. Generous primary suite includes a spacious closet, and en suite bathroom with both shower and bathtub. Home has an attached garage and includes a laundry area and laundry sink, with electric door opener. Exterior features a fenced yard and covered patio. Shed in backyard remains with property.

70226 7th St, Covington

$239,900

Seller will pay 1% of sales price at closing towards closing costs, etc ! Two year old raised Southern Cottage! The home features 2 porches, an open floor plan, high ceilings, double crown molding, cased window openings, a mud bench just inside the front entry , and high end finishes thruout! The kitchen features Quartz counters all around , stainless appliances, and a custom tiled backsplash. Engineered wood flooring the entire home. Primary Suite has an oversized soaking tub with shower. Don't miss the accent wall in the Primary bedroom.

3 Beds ⋅ 2 Baths ⋅ 2530158 MLS

Seller will pay 1% of sales price at closing towards closing costs, etc ! Two year old raised Southern Cottage! The home features 2 porches, an open floor plan, high ceilings, double crown molding, cased window openings, a mud bench just inside the front entry , and high end finishes thruout! The kitchen features Quartz counters all around , stainless appliances, and a custom tiled backsplash. Engineered wood flooring the entire home. Primary Suite has an oversized soaking tub with shower. Don't miss the accent wall in the Primary bedroom.

70432 2nd St, Covington

$239,000

Move right into this beautifully maintained home in Tammany Hills, offering comfort and style. The open-concept floor plan is perfect for everyday living, featuring a spacious living area with soaring vaulted ceilings, a cozy corner fireplace, and seamless flow into the kitchen. A breakfast bar, and ample cabinet space make the kitchen both functional and inviting. The private primary suite offers a generous walk-in closet and an en suite bath complete with a soaking tub and separate shower. Additional highlights include an attached garage, shed and covered back patio overlooking the fenced backyard—ideal for relaxing or entertaining.

3 Beds ⋅ 2 Baths ⋅ 2564881 MLS

Move right into this beautifully maintained home in Tammany Hills, offering comfort and style. The open-concept floor plan is perfect for everyday living, featuring a spacious living area with soaring vaulted ceilings, a cozy corner fireplace, and seamless flow into the kitchen. A breakfast bar, and ample cabinet space make the kitchen both functional and inviting. The private primary suite offers a generous walk-in closet and an en suite bath complete with a soaking tub and separate shower. Additional highlights include an attached garage, shed and covered back patio overlooking the fenced backyard—ideal for relaxing or entertaining.

70220 7th St, Covington

$230,000

Desirable home in excellent condition, 3 bedroom 2 baths. Privacy fence with custom built storage building/workshop. Public utilities. Well maintained.

3 Beds ⋅ 2 Baths ⋅ 2563540 MLS

Desirable home in excellent condition, 3 bedroom 2 baths. Privacy fence with custom built storage building/workshop. Public utilities. Well maintained.

70220 8th St, Covington

$229,900

Move-in ready 3-bedroom, 2-bath home in Tammany Hills featuring an inviting open floor plan. Kitchen and breakfast area offer stainless steel appliances, tile floors, and new granite countertops. Durable vinyl wood plank flooring runs throughout the home, no carpet. The spacious living room offers tray ceilings and an electric fireplace that can be converted back to wood burning. Additional features include ceiling fans throughout and an alarm system. The primary suite includes a double vanity and a tub-shower combo. Enjoy a fully fenced backyard with a storage shed. Roof is less than 5 years old. All appliances remain, including Washer & Dryer

3 Beds ⋅ 2 Baths ⋅ 2571874 MLS

Move-in ready 3-bedroom, 2-bath home in Tammany Hills featuring an inviting open floor plan. Kitchen and breakfast area offer stainless steel appliances, tile floors, and new granite countertops. Durable vinyl wood plank flooring runs throughout the home, no carpet. The spacious living room offers tray ceilings and an electric fireplace that can be converted back to wood burning. Additional features include ceiling fans throughout and an alarm system. The primary suite includes a double vanity and a tub-shower combo. Enjoy a fully fenced backyard with a storage shed. Roof is less than 5 years old. All appliances remain, including Washer & Dryer

70436 J St, Covington

$225,000

Freshly updated and move-in ready, this charming 3-bedroom, 2-bath home sits on a desirable corner lot and offers approximately 1,163 sq. ft. of living space. The kitchen, dining area and living room feature beautiful 10’ vaulted ceilings, creating an open and inviting feel. Recent improvements include a new roof, fresh interior paint, new fixtures, all-new electrical outlets, new dishwasher, new blinds, new storm door and new fencing. The home also offers convenient pull-down attic access for additional storage, plus a well water tank that is approximately one year old. A great opportunity to own a thoughtfully refreshed home with numerous major updates already completed.

3 Beds ⋅ 2 Baths ⋅ 2572012 MLS

Freshly updated and move-in ready, this charming 3-bedroom, 2-bath home sits on a desirable corner lot and offers approximately 1,163 sq. ft. of living space. The kitchen, dining area and living room feature beautiful 10’ vaulted ceilings, creating an open and inviting feel. Recent improvements include a new roof, fresh interior paint, new fixtures, all-new electrical outlets, new dishwasher, new blinds, new storm door and new fencing. The home also offers convenient pull-down attic access for additional storage, plus a well water tank that is approximately one year old. A great opportunity to own a thoughtfully refreshed home with numerous major updates already completed.

70511 Fifth St, Covington

$225,000

Welcome home to this 3-bedroom, 2-bath residence in the desirable Tammany Hills subdivision! Situated on the largest lot in the neighborhood, this property is in flood zone X and offers a spacious .36 acre fully fenced yard with plenty of room to relax, play, or entertain. Inside, a convenient floor plan featuring high ceilings, stylish decorator colors, and an inviting living space. The private primary suite boasts a tray ceiling and a garden tub for relaxation. Step outside to enjoy the large backyard from the covered patio. Additional features include a covered garage and a parking pad for added convenience. A valuable bonus for buyers: the seller will install a brand-new roof with an acceptable contract, providing added peace of mind and long-term value. Don't miss this opportunity to own a well-maintained home with exceptional outdoor space in a convenient location!

3 Beds ⋅ 2 Baths ⋅ 2571238 MLS

Welcome home to this 3-bedroom, 2-bath residence in the desirable Tammany Hills subdivision! Situated on the largest lot in the neighborhood, this property is in flood zone X and offers a spacious .36 acre fully fenced yard with plenty of room to relax, play, or entertain. Inside, a convenient floor plan featuring high ceilings, stylish decorator colors, and an inviting living space. The private primary suite boasts a tray ceiling and a garden tub for relaxation. Step outside to enjoy the large backyard from the covered patio. Additional features include a covered garage and a parking pad for added convenience. A valuable bonus for buyers: the seller will install a brand-new roof with an acceptable contract, providing added peace of mind and long-term value. Don't miss this opportunity to own a well-maintained home with exceptional outdoor space in a convenient location!

70312 1st St, Covington

$220,000

REDUCED.!! Charming Renovated Raised Cottage on Oversized Lot !! Welcome to this beautifully renovated raised cottage, perfectly nestled on an oversized lot with classic curb appeal. A white picket fence and a professionally landscaped front yard—with custom planter boxes—set the stage for the inviting exterior, clad entirely in durable hardy plank siding and upgraded with weather-resistant soffit vents. Inside, luxury vinyl plank flooring flows throughout—no carpet in sight—while double-insulated windows and energy-efficient LED lighting enhance comfort and savings. The smart home package offers modern convenience, complemented by a 200-amp electrical panel and a whole-home surge protector for added peace of mind installed during the renovation of 2023. The heart of the home is a completely new kitchen (as of 2023), featuring stainless steel appliances, granite countertops, and a coordinating backsplash. The side-by-side refrigerator and stacked washer and dryer are included. Custom-tiled shower/tub combos elevate the bathrooms, and the expansive primary bedroom provides a private retreat with generous space and style. The large back yard features a new storage shed and plenty of room to entertain. This move-in-ready gem blends timeless charm with modern upgrades—perfect for today’s lifestyle. Property located in Flood Zone X so Flood Insurance is not mandatory. Schedule your private showing today.

3 Beds ⋅ 2 Baths ⋅ 2565647 MLS

REDUCED.!! Charming Renovated Raised Cottage on Oversized Lot !! Welcome to this beautifully renovated raised cottage, perfectly nestled on an oversized lot with classic curb appeal. A white picket fence and a professionally landscaped front yard—with custom planter boxes—set the stage for the inviting exterior, clad entirely in durable hardy plank siding and upgraded with weather-resistant soffit vents. Inside, luxury vinyl plank flooring flows throughout—no carpet in sight—while double-insulated windows and energy-efficient LED lighting enhance comfort and savings. The smart home package offers modern convenience, complemented by a 200-amp electrical panel and a whole-home surge protector for added peace of mind installed during the renovation of 2023. The heart of the home is a completely new kitchen (as of 2023), featuring stainless steel appliances, granite countertops, and a coordinating backsplash. The side-by-side refrigerator and stacked washer and dryer are included. Custom-tiled shower/tub combos elevate the bathrooms, and the expansive primary bedroom provides a private retreat with generous space and style. The large back yard features a new storage shed and plenty of room to entertain. This move-in-ready gem blends timeless charm with modern upgrades—perfect for today’s lifestyle. Property located in Flood Zone X so Flood Insurance is not mandatory. Schedule your private showing today.

70419 F St, Covington

$215,000

Welcome home to this charming Acadian style home set on a spacious lot in a highly convenient location close to shopping and dining. Inside, you’ll find a bright interior with quartz countertops and a comfortable layout throughout. The living area centers around a cozy fireplace, creating a warm and inviting gathering space. The primary bedroom offers direct access to the covered patio through French doors, blending indoor and outdoor living. The guest bath was updated in 2025 including the bathtub and tile surrounding it , faucet and lighting. Outside, the oversized lot provides plenty of width and space, along with a storage shed and room to spread out, relax, or entertain. The decking in the rear was updated in 2023. A new water heater was installed in 2025. This home is move-in ready and easy to show.

3 Beds ⋅ 2 Baths ⋅ 2562889 MLS

Welcome home to this charming Acadian style home set on a spacious lot in a highly convenient location close to shopping and dining. Inside, you’ll find a bright interior with quartz countertops and a comfortable layout throughout. The living area centers around a cozy fireplace, creating a warm and inviting gathering space. The primary bedroom offers direct access to the covered patio through French doors, blending indoor and outdoor living. The guest bath was updated in 2025 including the bathtub and tile surrounding it , faucet and lighting. Outside, the oversized lot provides plenty of width and space, along with a storage shed and room to spread out, relax, or entertain. The decking in the rear was updated in 2023. A new water heater was installed in 2025. This home is move-in ready and easy to show.

70306 K St, Covington

$212,000

Immaculately maintained 3 bedroom, 2 bath home in the quiet Tammany Hills area of Covington! Zoned for Mandeville Blue Ribbon schools for Jr High and High school.Conveniently located midway between downtown Covington and the interstate, with easy access to major shopping, hospitals, and numerous private schools, including Northlake Christian. Functional galley kitchen features a connected butler’s pantry with combined pantry/laundry space. Spacious open backyard offers endless potential for outdoor living, entertaining, or even a future pool. Extra concrete slab added to widen the driveway, providing flexibility for multiple vehicles. A must-see home in a convenient location!

3 Beds ⋅ 2 Baths ⋅ 2577847 MLS

Immaculately maintained 3 bedroom, 2 bath home in the quiet Tammany Hills area of Covington! Zoned for Mandeville Blue Ribbon schools for Jr High and High school.Conveniently located midway between downtown Covington and the interstate, with easy access to major shopping, hospitals, and numerous private schools, including Northlake Christian. Functional galley kitchen features a connected butler’s pantry with combined pantry/laundry space. Spacious open backyard offers endless potential for outdoor living, entertaining, or even a future pool. Extra concrete slab added to widen the driveway, providing flexibility for multiple vehicles. A must-see home in a convenient location!

70291 B St St, Covington

$212,000

Welcome home to this charming and affordable Covington gem! Perfectly positioned for convenience, this well-maintained 3-bedroom, 2-bath home offers comfortable living in a location that makes everyday life easy. Step inside and discover a functional, inviting floor plan designed for both relaxation and entertaining. The spacious living areas flow seamlessly into the heart of the home, creating a warm atmosphere you'll love coming home to. HVAC is only 3 years old!! Roof is only 3 years old. Book a showing now and make this one yours today!

3 Beds ⋅ 2 Baths ⋅ 2562026 MLS

Welcome home to this charming and affordable Covington gem! Perfectly positioned for convenience, this well-maintained 3-bedroom, 2-bath home offers comfortable living in a location that makes everyday life easy. Step inside and discover a functional, inviting floor plan designed for both relaxation and entertaining. The spacious living areas flow seamlessly into the heart of the home, creating a warm atmosphere you'll love coming home to. HVAC is only 3 years old!! Roof is only 3 years old. Book a showing now and make this one yours today!

70346 J St, Covington

$189,000

Welcome to 70447 J Street in Covington! This 3 bedroom 2 bath home offers a great opportunity for a buyer looking to add value and make a home their own. Featuring a desirable location and plenty of potential, the home is priced with the intention of a timely sale. 4 year roof, updated kitchen with painted cabinets, stainless appliances, modern fixtures, and Tiled backsplash. A generous living area with wood burning fireplace and wall of windows overlooks the backyard. On suite Primary bedroom and bath face backyard with other 2 bedrooms toward front of home. Close proximity to the main Hightway 190 corridor so convenient to shopping, restaurants and commuting. Flood zone x - no flood insurance is required with this home.

3 Beds ⋅ 2 Baths ⋅ 2574097 MLS

Welcome to 70447 J Street in Covington! This 3 bedroom 2 bath home offers a great opportunity for a buyer looking to add value and make a home their own. Featuring a desirable location and plenty of potential, the home is priced with the intention of a timely sale. 4 year roof, updated kitchen with painted cabinets, stainless appliances, modern fixtures, and Tiled backsplash. A generous living area with wood burning fireplace and wall of windows overlooks the backyard. On suite Primary bedroom and bath face backyard with other 2 bedrooms toward front of home. Close proximity to the main Hightway 190 corridor so convenient to shopping, restaurants and commuting. Flood zone x - no flood insurance is required with this home.

70447 J St, Covington

$180,000

Well-maintained home featuring vaulted ceilings in the den and kitchen, creating an open and inviting feel. The entire interior was freshly painted approximately one year ago. Ceramic tile flooring runs throughout the foyer, kitchen, bathrooms, and utility room. The kitchen offers a smooth top electric range, dishwasher, microwave, snack bar, and crown molding above the cabinets. The primary bath includes a walk-in tub with easy step-in access and built-in seating. Whether you are an investor or planning on owner occupying this would be a great purchase. BRAND-NEW EXTERIOR A/C CONDENSER UNIT INSTALLED for added efficiency and peace of mind.

3 Beds ⋅ 2 Baths ⋅ 2553651 MLS

Well-maintained home featuring vaulted ceilings in the den and kitchen, creating an open and inviting feel. The entire interior was freshly painted approximately one year ago. Ceramic tile flooring runs throughout the foyer, kitchen, bathrooms, and utility room. The kitchen offers a smooth top electric range, dishwasher, microwave, snack bar, and crown molding above the cabinets. The primary bath includes a walk-in tub with easy step-in access and built-in seating. Whether you are an investor or planning on owner occupying this would be a great purchase. BRAND-NEW EXTERIOR A/C CONDENSER UNIT INSTALLED for added efficiency and peace of mind.

70403 B St, Covington

$169,000

Cute raised cottage in Covington. Freshly painted walls, large sun drenched living area that opens up into the kitchen, master en suite with a good sized bathroom and closet space, shed for storage, and driveway with 2 access points. Well located on a cornet lot, tree lined street with good proximity to Covington amenities, I12 and Causeway. Vacant and easy to show. Rooms sizes are estimated.

3 Beds ⋅ 2 Baths ⋅ 2549034 MLS

Cute raised cottage in Covington. Freshly painted walls, large sun drenched living area that opens up into the kitchen, master en suite with a good sized bathroom and closet space, shed for storage, and driveway with 2 access points. Well located on a cornet lot, tree lined street with good proximity to Covington amenities, I12 and Causeway. Vacant and easy to show. Rooms sizes are estimated.

70379 A St, Covington