$1,099,000
$51K PRICE DROP

506 E Rutland St Covington, LA 70433

Estimated payment $6,211/month

Total Views 68,700
4 Beds
3 Baths
3,159 Sq Ft
$348 Price per Sq Ft

Highlights

  • Acadian Style Architecture
  • Attic
  • Porch
  • Covington Elementary School Rated A-
  • Granite Countertops
  • 5-minute walk to Tammany Trace - Covington Trailhead

About This Home

Nestled just one block off Boston and near the cultural hub of Old Covington, this well maintained historic building presents a rare opportunity for a seamless live-work-play lifestyle or it could be a prime investment opportunity on a corner in one of the area's most desirable corridors. This character filled building is within walking distance to Del Porto Restaurant, the Southern Hotel and all the cool spots downtown including the Tammany Trace at the Covington trailhead. Boasting timeless appeal, the property features hardwood floors, soaring ceilings, classic fireplaces, and all the charm you’d expect from an older home. The ground floor currently hosts a thriving business, while the upper level offers beautiful living quarters—ideal for those seeking to have it all in one place. The downstairs offers a foyer/reception area, 3 large private offices, an oversized conference room, 2 large office spaces plus 2 bathrooms and a kitchen or it could be converted for strictly residential use. The upstairs is an elegant residence with a spacious living room featuring an original brick chimney, bedroom area, kitchen featuring slab granite and shiplap plus a full bath with custom tile work and beautiful vanity. There is also a large walk-in attic for storage. In addition to all of this there is an abundance of porches and decks for outdoor space. This property comes with ample street parking and for overflow there is easy access to the nearby two oxlots. As an investment opportunity the property could generate immediate income with a fully operational commercial space on the first floor and a private, character-filled residence on the second, which would make a great short term rental property. With its prime location and flexible layout, this property is a rare find. 2024 roof. AC systems are 1 to 3 years old. Shown by appointment only. Take a look at the video walk through:

Listing Agent

Tammy Whitehead

Compass Mandeville (LATT15) License #000002564 Listed on: 05/05/2025

Compass Mandeville (LATT15)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,496

Year Built

  • Built in 1863

Lot Details

  • 6,434 Sq Ft Lot
  • Lot Dimensions are 66 x 95
  • Rectangular Lot
  • Property is in excellent condition

Home Design

  • Acadian Style Architecture
  • Raised Foundation
  • Shingle Roof

Interior Spaces

  • 3,159 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Wood Burning Fireplace
  • Granite Countertops
  • Attic

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Wood Patio
  • Porch

Location

  • City Lot

Utilities

  • Multiple cooling system units
  • Multiple Heating Units

Community Details

  • Not A Subdivision

Listing and Financial Details

  • Tax Lot 14A
  • Assessor Parcel Number 23191

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,496

Year Built

Built in 1863

Lot Details

0

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size Acres: 0.1477
  • Lot Size: 66 x 95
  • Subdivision Name: Not a Subdivision
  • Directions: Hwy 190 W to E Boston to N Vermont to E Rutland
  • Architectural Style: Acadian
  • Unit Levels: Two
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1863
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Other, Wood Burning
  • Fireplace: Yes
  • Interior Amenities: Attic, Ceiling Fan(s), Granite Counters
  • Living Area: 3159.0

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Pool Features: None
  • Home Warranty: No
  • Exterior Features: Porch
  • Foundation Details: Raised
  • Patio And Porch Features: Wood, Porch
  • Property Condition: Excellent
  • Roof: Shingle

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: 3+ Units
  • Cooling Y N: Yes
  • Heating: Multiple Heating Units
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 23191

Tax Info

  • Tax Lot: 14A

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,496 $40,463 $0 $40,463
2023 $5,496 $50,116 $9,653 $40,463
2022 $593,173 $50,116 $9,653 $40,463
2021 $5,923 $50,116 $9,653 $40,463
2020 $5,939 $50,116 $9,653 $40,463
2019 $5,725 $46,396 $5,379 $41,017
2018 $5,732 $46,396 $5,379 $41,017
2017 $5,788 $46,396 $5,379 $41,017
2016 $5,816 $46,396 $5,379 $41,017
2015 $5,712 $44,398 $5,148 $39,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/15/2025 07/15/25 Price Changed $1,099,000 -4.4% $348 / Sq Ft
05/05/2025 05/05/25 For Sale $1,150,000 +306.4% $364 / Sq Ft
04/27/2016 04/27/16 Sold -- -- -- View Prior Sale
03/28/2016 03/28/16 Pending -- -- --
02/12/2016 02/12/16 For Sale $283,000 -5.3% $119 / Sq Ft
09/04/2015 09/04/15 Sold -- -- -- View Prior Sale
06/15/2015 06/15/15 Pending -- -- --
06/15/2015 06/15/15 For Sale $298,900 -37.6% $116 / Sq Ft
04/25/2014 04/25/14 Sold -- -- -- View Prior Sale
03/26/2014 03/26/14 Pending -- -- --
01/16/2013 01/16/13 For Sale $479,000 0.0% $153 / Sq Ft
07/13/2012 07/13/12 For Rent $3,500 +2.9% --
07/13/2012 07/13/12 Rented $3,400 -- --
Source: ROAM MLS

Purchase History

Date Type Sale Price Title Company
Cash Sale Deed $345,000 None Available
Source: Public Records

About the Listing Agent

Tammy Whitehead

Compass Mandeville (LATT15)

(985) 307-4515

Section Image

With over 36 years of dedicated service in the real estate industry, Tammy Whitehead is a seasoned professional known for integrity, hard work, and an unwavering commitment to client success. As the top producer at Compass Mandeville, Tammy has earned a reputation for delivering exceptional results across all facets of the business—from residential and commercial sales to investment opportunities. Tammy is always in the top 1% of agents in the area and a top producer.

A trusted advisor

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Source: ROAM MLS

MLS Number: 2492540

APN: 23191