506 E Rutland St Covington, LA 70433
Estimated payment $6,314/month
Total Views
35,077
4
Beds
3
Baths
3,159
Sq Ft
$348
Price per Sq Ft
Highlights
- Attic
- Granite Countertops
- Multiple cooling system units
- Covington Elementary School Rated A-
- Porch
- 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:
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
- 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
Utilities
- Multiple cooling system units
- Heating Available
Additional Features
- Porch
- City Lot
Community Details
- Not A Subdivision
Listing and Financial Details
- Tax Lot 14A
- Assessor Parcel Number 23191
Map
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Home Values in the Area
Average Home Value in this Area
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 | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 | -- | -- | -- |
| 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 | -- | -- | -- |
| 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 | -- | -- | -- |
| 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
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
Tammy's Other Listings
Source: ROAM MLS
MLS Number: 2492540
APN: 23191
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