2133 Thompson Ave SE Covington, GA 30014
Estimated payment $11,073/month
Highlights
- City View
- Corner Lot
- Property is near shops
- Eastside High School Rated A-
- Four Sided Brick Exterior Elevation
- 3-minute walk to Academy Springs Park
About This Home
Discover a timeless investment opportunity in the heart of Historic Covington. Comprising 11 turnkey residences across three all-brick buildings, this multifamily gem has been meticulously renovated between 2023 and 2025 and professionally managed with leases secured through 2026. Each 2- and 3-bedroom home blends classic Southern charm with modern convenience, featuring stainless steel kitchens, spa-inspired baths, and updated systems. The unit mix includes seven 2BR/1BA homes ( 950 sqft) and four 3BR/2BA homes ( 1,050 sqft), generating around $15,485 in scheduled monthly revenue. Residents enjoy walkable access to parks, dining, and downtown energy. Ideally located just a 4-minute walk to both Cricket Frog Trail and the City Park, and a 5-minute walk to Covington Square, famous for its film landmarks like The Vampire Diaries. A rare stabilized portfolio offering both immediate returns and long-term growth in Georgia’s beloved “Hollywood of the South.”
Listing Agent
Keller Williams Realty Peachtree Rd. License #449543 Listed on: 11/03/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,638
Year Built
- Built in 1972 | Remodeled
Lot Details
- 0.93 Acre Lot
- Back Yard Fenced
- Corner Lot
- Level Lot
Property Views
- City
- Woods
- Neighborhood
Home Design
- Shingle Roof
- Composition Roof
- Four Sided Brick Exterior Elevation
Interior Spaces
- 2-Story Property
- Insulated Windows
Flooring
- Carpet
- Vinyl
Parking
- 2 Parking Spaces
- Parking Lot
Schools
- East Newton Elementary School
- Cousins Middle School
- Eastside High School
Additional Features
- Property is near shops
- Forced Air Heating and Cooling System
Community Details
- 11 Units
- Thompson Avenue Townhomes Subdivision
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/03/2025 11/03/25 | For Sale | $2,000,000 | -- | -- |
Source: First Multiple Listing Service (FMLS)
MLS Number: 7676876
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