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Covington, VA Multifamily Home for Sale

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    $108,950

    • 2,090 Sq Ft

    105 N Lexington Ave, Covington, VA 24426

    Income-Producing Duplex Opportunity in Covington, VAInvestor alert. Whether you're looking to expand your portfolio or live in one unit while renovating the other, this duplex delivers both immediate value and future upside.The lower level features a mostly finished 2 bedroom, 1 bath unit with substantial updates already completed. Improvements include new flooring, a brand new HVAC system with

    Alyshia Merchant EXP REALTY LLC - FOREST

    105 N Lexington Ave, Covington, VA 24426

Why Live in Covington

Covington, Virginia, nestled in the Alleghany Mountains, offers a small-town atmosphere rich in Appalachian heritage. The town's historic attractions and outdoor destinations reflect its industrial past, with iron furnaces and railroads once central to its development. Residents enjoy proximity to natural beauty, including the George Washington and Jefferson National Forests, and outdoor recreation spots like Falling Spring waterfall, Jackson River Trail, and Lake Moomaw. Covington's housing inventory features traditional architecture with farmhouse details, Colonial-style homes, ranch styles, and vernacular cottages. Covington City Park, along the Jackson River, is a hub for community activities, offering athletic facilities, a playground, and river access. Other parks include Hytower Park, Fort Young Park & Wildflower Garden, and Nettleton Park. Downtown Covington, centered around Main Street and Maple Avenue, hosts local commerce with dining options like James Burke House Eatery and Kanawha Café. Cultural events such as the Fiddlin’ By The River Bluegrass Festival and seasonal celebrations highlight the town's Appalachian roots. Interstate 64 provides connectivity to nearby cities, with Roanoke 60 miles away and Lexington 43 miles east.

Home Trends in Covington, VA

Housing Trends

Median Sale Price
$131,250
Median Single Family Sale Price
$135,000
Average Price Per Sq Ft
$100
Number of Homes for Sale
29
Last 12 months Home Sales
95
Months of Supply
3.70
Median List Price
$136,700
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
2%
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