$215,000
940 Mote Rd, Covington, GA 30016
Discover a remarkable investment opportunity on this expansive 2.45-acre property, ideally suited for investors and builders alike. This estate features three income-generating units, providing a steady revenue stream. The highlight is a beautifully remodeled 2-bedroom, 1-bath unit that boasts modern finishes and inviting living spaces. The other two units have been thoughtfully updated, offering
Piyusha Zope Virtual Properties Realty.com
Explore Covington
$749,900
4181 A&B Floyd St NE, Covington, GA 30014
This property provides an in town lifestyle where refinement meets comfort. Four sided brick fully renovated duplex furnished. Two bedrooms, two full bathrooms, large master closet and separate laundry area. Within walking distance to town square. Large corner lot. So much potential for this investment property. Rent both sides as Airbnb or live in one side and rent the other. Endless
Tonya Bullard Pinnacle Realtors
$200,000
4105 Washington St SW, Covington, GA 30014
Duplex with a 3 bed 1 bath unit and a 2 bed 1 bath unit with another 1 bed 1 bath bungalow on property - potentially a three income rental property and great opportunities for multiple Air BnB's on the same property. Property is within walking distance to the popular Covington Square (approx 0.5 mile). Properties need extensive work and are being sold as is where is. Property is zoned NM
LauraLee Collum Agents Realty LLC
Covington, Georgia, known as the "Hollywood of the South," has been the backdrop for numerous TV shows and movies, including “The Vampire Diaries” and “The Dukes of Hazzard.” This small city, the seat of Newton County, boasts a population of 14,600 and is home to leading employers such as Newton Health System and Newton County Schools. Downtown Covington, celebrated for its Southern charm, features the "Walk of the Stars" and a variety of independent stores and restaurants like City Pharmacy and Mystic Grill. The area is rich in history, with four districts listed on the National Register of Historic Places, including the Newton County Courthouse. Covington offers a diverse range of homes, from historic mansions to newly constructed residences. Outdoor enthusiasts can enjoy the 15-mile Cricket Frog Trail, Denny Dobbs Park, and boating on Lake Varner and Yellow River. Covington is about 35 miles from Atlanta and 38 miles from Hartsfield-Jackson Atlanta International Airport, connected via Interstate 20. The city experiences hot, humid summers and cold winters, with a risk of tornadoes from March through August. Despite a recent increase in property crimes, violent crimes have decreased, and the Covington Police Department engages the community through events like the annual Fuzz Run. Covington's schools have a high rating, and the city is also served by regional campuses of Georgia Piedmont Technical College and Perimeter College at Georgia State University.
On average, homes in Covington, GA sell after 76 days on the market compared to the national average of 70 days. The median sale price for homes in Covington, GA over the last 12 months is $362,990, down 2% from the median home sale price over the previous 12 months.
In Covington, there are currently 3 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $200,000 to $749,900, there's a range to accomodate every budget. As of August, 2025 the median home price in Covington is $383,850, while the average sale price is $383,975, offering insights into the local housing market. On average, multi-family homes spend 76 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Covington, GA.
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Redfin are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 Georgia MLS. All rights reserved.
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