$2,000,000

2133 Thompson Ave SE Covington, GA 30014

Estimated payment $11,073/month

Total Views 22
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

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

Shanae Reece

Keller Williams Realty Peachtree Rd. License #449543 Listed on: 11/03/2025

Keller Williams Realty Peachtree Rd.

Co-Listing Agent

Trey Burgess

Keller Williams Realty Peachtree Rd. License #335299

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,638

Year Built

Built in 1972 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Active
  • Property Type: Residential Income
  • MLS Status: Active
  • Property Condition: Updated/Remodeled
  • Year Built: 1972
  • Levels Stories: Two
  • Special Features: None
  • Property Sub Type: MultiFamily

Property Details

  • Property: Residential Income

Interior Features

  • Flooring: Carpet, Vinyl
  • Window Features: Insulated Windows

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Composition, Shingle
  • Fencing: Back Yard
  • View: City, Trees/Woods, Neighborhood
  • Pool Private: No

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking Features: Parking Lot

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Heating: Central, Electric, Forced Air
  • Utilities: Electricity Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Community Features: Near Shopping
  • Subdivision Complex: Thompson Avenue Townhomes

Lot Info

  • Acres: 0.9300
  • Plat Book: 2
  • Plat Page: 114
  • Lot Features: Level, Corner Lot
  • Lot Dimensions: X
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Taxes: 6638.00
  • Additional Assessor Parcel Numbers: C02000040013000, C02000040014000
  • Tax Year: 2024

Multi Family

  • Number Of Units Total: 11

MLS Schools

  • Elementary School: East Newton
  • High School: Eastside
  • Middle School: Cousins

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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)

Source: First Multiple Listing Service (FMLS)

MLS Number: 7676876

First Multiple Listing Service (FMLS)