1 year on rocket

516 N Jefferson Ave, Covington, LA, 70433

$550,000

Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
MLS #2403018
StatusActive

About 516 N Jefferson Ave

Located at the busy intersection of N Jefferson Ave and E 26th Ave, this vacant lot occupies a prominent position at the heart of Covington, LA. Situated in the downtown business district, it boasts direct proximity to St. Tammany 22nd Judicial District Courthouse, making it an ideal location for businesses seeking high visibility and accessibility. Spanning 13,939 SF, this commercial lot offers ample space for a range of business ventures. The Central Business District (CBD) Zoning designation ensures a favorable environment for commercial activities, making it an attractive investment opportunity. Furthermore, a variance can be pursued that will allow for inclusion of a drive-thru, providing added convenience for potential business operations. Covington is renowned for its vibrant culture, engaged community and year-round calendar of festivals and events. Residents and visitors are drawn to the lively atmosphere and rich heritage of the city. The property's proximity to the Tammany Trace Bike Path and Covington Trailhead offers opportunities for outdoor enthusiasts, encouraging foot traffic and potential customers. The downtown area is home to a diverse range of restaurants, shops, and entertainment options, making it a popular destination for locals and tourists. The weekly Covington Farmer's Market, located nearby, further enhances the area's appeal, offering a vibrant hub for local produce and artisanal goods. Covington boasts strong demographics with a growing population and a robust economy. The city's strategic location, excellent infrastructure and favorable business climate make it an attractive destination for entrepreneurs and investors. With its central location, this commercial lot presents an opportunity to tap into Covington's thriving market. Don't miss out on this chance to establish your business in Covington's CBD. Whether you're an established entrepreneur or an aspiring business owner, this prime location offers a foundation for your success.

Property Details

Property Features

Listing Office:

  • Office Name: Stirling Properties
  • Office Phone: (985) 898-2022
  • Listing Agent: BRADLEY S COOK
  • Agent Phone: (985) 246-3720

Lot Features

Lot Information:

  • Lot: Corner Lot, City Lot

Price Information

Listing Price Info

Price Summary:

  • List Price: $550,000
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Covington, LA.

Map thumbnail provided by MapBox

Covington, LA

City

Med. Sold Price

$315K

Med. Price/SqFt

$169

Avg. Days On Market

55

# of Sold Homes

51

516 N Jefferson Ave vs Covington

529 DAYS ON ROCKET

+474 Days

$550,000

+$235K More

KEY TAKEAWAY

This property is $235K more than the Median Sold Price in Covington, LA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOMAR
  • MLS Number: #2403018

Listing Office:

  • Office Name: Stirling Properties
  • Office Phone: (985) 898-2022
  • Listing Agent: BRADLEY S COOK
  • Agent Phone: (985) 246-3720

IDX Disclaimer: Copyright © 2024, New Orleans Metropolitan Association of REALTORS©, Inc. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information. The sharing of MLS database, or any portion thereof, with any unauthorized third party is strictly prohibited. Information contained on this site is believed to be reliable; yet, users of this web site are responsible for checking the accuracy, completeness, currency, or suitability of all information. Neither the New Orleans Metropolitan Association of REALTORS©, Inc. nor the Gulf South Real Estate Information Network, Inc. makes any representation, guarantees, or warranties as to the accuracy, completeness, currency, or suitability of the information provided. They specifically disclaim any and all liability for all claims or damages that may result from providing information to be used on the web site, or the information which it contains, including any web sites maintained by third parties, which may be linked to this web site.

The information being provided is for the consumer's personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties which consumers may be interested in purchasing.

By using this site, you signify your agreement with and acceptance of these terms and conditions. If you do not accept this policy, please do not use this site in any way. Your continued use of this site, and/or its affiliates' sites, following the posting of changes to these terms will mean you accept those changes, regardless of whether you are provided with additional notice of such changes.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 8:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,813

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4456516
7
/10

  • Covington Elementary School

  • 325 S Jackson St

  • 0.60 miles

  • Public District Grades PK-3

school-card-donut-4456517
5
/10

  • Pine View Middle School

  • 1200 W 27th Ave

  • 0.75 miles

  • Public District Grades 4-6

school-card-donut-4456518
6
/10

  • E.E. Lyon Elementary School

  • 1615 N Florida St

  • 1.00 miles

  • Public District Grades PK-3

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,046. The most common annual income of people living in Covington, LA is less than $35k. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Living In Covington, LA

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Covington, LA.

Covington features a diverse array of housing options, with single-family homes being a significant part of the housing market. Architectural styles range from traditional Southern to contemporary, with a mix of historic homes and newer constructions. The housing market is dynamic, with a homeownership rate that reflects a stable community, though specific percentages are subject to change and should be verified with current data.

What is it like to live in Covington, LA?

Covington is celebrated for its rich cultural heritage and community spirit. The city prides itself on its historic downtown area, which hosts various local events and festivals throughout the year, reflecting the area's strong sense of identity and tradition.

Is it easy to get around Covington, LA without a car?

The community is served by a number of public schools, private educational institutions, and specialized programs, providing residents with a range of options for education. Healthcare services are available through local clinics and a regional hospital, equipped to handle a variety of medical needs. Retail and dining options are plentiful, offering both local cuisine and international flavors, and the public library system supports the community's educational and informational needs.

Transportation in Covington, LA.

Covington's transportation infrastructure includes a network of roads and highways that connect residents to nearby cities and amenities. Public transportation options are available, with details on schedules to be confirmed from local sources. The city is also accommodating to pedestrians in certain areas, with ongoing efforts to improve walkability and bikeability. Ride-sharing services are operational in the area, providing additional transportation options for residents.

Frequently Asked Questions About 516 N Jefferson Ave

What is the listing price of this property?

The listing price of 516 N Jefferson Ave property is $550,000.

What type of property is this?

The property 516 N Jefferson Ave is land located in Covington, Louisiana, 70433.

Is this property for sale now?

Active Listing: 516 N Jefferson Ave is For Sale (Active/New) which means the seller is accepting offers.
Rocket Homes logo

Interested in 516 N Jefferson Ave? Let's connect.

Contact Us

(855) 200-2001

Let Us Contact You

By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.

Rocket Homes›Louisiana›Saint Tammany County›Covington›70433›516 N Jefferson Ave

This home is located at 516 N Jefferson Ave in Covington, LA and zip code 70433. It has been listed on Rocket Homes since July 08, 2023 and is currently priced at $550,000.

In November 2024, from all listings sold in Covington, LA there were more than 4 sold above asking price, over 26 sold below and more than 21 were sold right at the asked price. The number of homes for sale in Covington, LA decreased by 1.6% between October 2024 and November 2024. In November 2024, listings were on the market for 55 days. During the same period, the median list price in this real estate market was $315,000.

From Rocket Homes Real Estate and based on county public records data.

More Resources