506 E Rutland Street Covington, LA $ 995,000
506 E Rutland Street
$ 995,000
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506 E Rutland Street

Covington, LA, 70433
$ 995,000
Bedrooms-- Baths-- Sq 3,159

Monthly Estimate*

$ 6,208

506 E Rutland Street, Covington, LA 70433 - Image 1
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Commercial Property for sale in Covington, LA for $995,000. This 3,159 square foot building was built in 1863 on a lot size of 0.1477.

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. Check out the video walk through: https://go.nolaremarketing.com/506EastRutlandMLS

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Commercial Active

Price

$ 995,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.1477

Year Built

1863

Town/City

Covington

County/Region

ST TAMMANY

MLS | Web ID

2532896

Features
General
Sewer Public Sewer
Zoning CBD
Year Built 1863
Levels One and One Half
County St Tammany
Property Type Commercial Sale
Subdivision Name Not a Subdivision
Other Structures Living Quarters
Total Rooms 0
Full Baths 0
Status Active
Directions Highway 190 W thru Cov to Boston St. Left on N Vermont. Bldg at corner N Vermont and E Rutland.
City Covington
Virtual Tour https://go.nolaremarketing.com/506EastRutlandMLS
Structure Type Mixed Use Office
Standard Status Active
Tax Lot 14A
Legal Description LOT 14A SQ 5 DIVISION OF ST JOHN CB 612 206 CB 919 79 INST NO 1001137 INST NO 1106274 INST NO 1096057 INST NO 1567673 INST NO 1939620
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Exterior
Parking Features None
Lot Features City Lot Rectangular Lot
Water Source Public
Lot Size Area 0.1477
Building Area Total 3686
Lot Dimensions 66 x 95
Lot Size Acres 0.1477
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Interior
Half Baths 0
Total Bedrooms 0
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* Excluded Features
List By
Compass Mandeville (Latt15)

Broker

tammymwhitehead@gmail.com

Email

Affordability Calculator

$6,208
Per Month
100%
0%
0%
Monthly Principal & Interest
$6,208
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
476401 Elementary School
475975 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/2/2025$995,000 Listed Price

Map


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506 E Rutland Street, Covington, LA, 70433 is a Commercial Property for sale at $995,000 with 3,159 sqft and a lot size of 0.1477. 506 E Rutland Street was built in 1863. The property's zip code is 70433 which is in Covington, LA