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Duplex With Updated Lower Unit
For Sale
$109,950

105 North Lexington Avenue, Covington, VA 24426

Lower-level residence offers two bedrooms, one bath, and recent kitchen and electrical improvements.

Property Size1,045 SF
Price / SF$105.22
Days on Market191

Property Features for 105 North Lexington Avenue

General Information

Standard status Active
Size 1,045 SF
Property subtype MultiFamily / Duplex

Taxes and HOA fees

Annual Taxes $280

Amenities

Central Air, Yes
Baseboard Gas, Yes
Partial
0.0
Yes
Vinyl Siding

Building Details

Year Built 1900
Listing Agency: EXP REALTY LLC - FOREST
Listed By: ALYSHIA MERCHANT · License #0225247532
Source: Compass
Added: Feb 22 Changed: Aug 30 Last Checked: Aug 31 at 10:21PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXP REALTY LLC - FOREST

Investment Insights

Based on property information with market context.

Located at 105 North Lexington Avenue in Covington, Virginia, this 1,045-square-foot duplex was built in 1900 and has vinyl siding. The lower-level unit is mostly finished with two bedrooms and one bathroom. Recent work includes new flooring, fresh interior paint, updated electrical service, and a remodeled kitchen with new cabinetry and countertops. The bathroom has also been updated.

The residence includes a new HVAC system with central air, along with baseboard gas heat. The existing improvements provide a defined residential layout within a two-unit property, with the lower level positioned for occupancy or leasing following completion of the remaining work.

Key Highlights

  • Duplex property at 105 North Lexington Avenue, Covington, VA 24426
  • 1,045‑square‑foot property built in 1900
  • Lower‑level unit includes 2 bedrooms and 1 bathroom

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Dental Office Electrical Service (Bike/Boat/Book/etc) Store Bakery Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

537
Businesses Nearby

Demographics for 24426, VA

13,695
Population
7,249
Households
1.9
Avg Household Size
47
Median Age
13%
College-Educated
91%
High-School Grad
363.7 sq mi
ZIP Area
38
Density / Sq Mi
$51,841
Median Household Income
$34,937
Median Earnings
$808
Median Rent
$113,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Lower-level residence offers two bedrooms, one bath, and recent kitchen and electrical improvements.
Where is this duplex located?
The property is located at 105 North Lexington Avenue Covington, VA.
What is the asking price?
The asking price for this property is $109,950.
What are key features of this property?
This property features: Duplex property at 105 North Lexington Avenue, Covington, VA 24426; 1,045‑square‑foot property built in 1900; Lower‑level unit includes 2 bedrooms and 1 bathroom
More about this property
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