$105,000
- 1,872 Sq Ft
702 N Beverly Ave, Covington, VA 24426
Alex Taylor
MAC WESTLAND REAL ESTATE GROUP
$105,000
702 N Beverly Ave, Covington, VA 24426
Alex Taylor
MAC WESTLAND REAL ESTATE GROUP
$106,950
105 N Lexington Ave, Covington, VA 24426
Alyshia Merchant EXP REALTY LLC - FOREST
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.
The median home sale price in Covington, VA is $138,000, up 7% year-over-year. Homes in Covington sell in 52 days on average, compared to the national average of 57 days.
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Median Sale Price
$138,000
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Median Single Family Sale Price
$139,000
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Median 2 Bedroom Sale Price
$117,000
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Median 1 Bedroom Sale Price
$65,900
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Average Price Per Sq Ft
$101
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Number of Homes for Sale
24
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Last 12 months Home Sales
92
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Months of Supply
3.10
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Median List Price
$139,900
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Median Change From 1st List Price
2%
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Median Home Sale Price YoY Change
7%
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In Covington, there are currently 2 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $105,000 to $106,950, there's a range to accomodate every budget. As of July, 2026 the median home price in Covington is $139,900, while the average sale price is $149,785, offering insights into the local housing market. On average, multi-family homes spend 52 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, VA.