4165 Raphael Street, Covington, GA 30014
Flexible live-work condo with office-ready layout, two full baths, and elevator access for convenient workday use.
- Added:
- Apr 2, 2026
- Days on Market:
- 75
- Last Refresh:
- Jun 15 at 1:43 am
Property Features for 4165 Raphael Street
General Information
- Standard status
- Active
- Size
- 2,310 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 2007
Listing agent Pinnacle Realtors (678) 898-0931
Listing office (678) 898-0931
Listing date Apr 2, 2026
Source Xome
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All listing content including descriptions, pricing, images are the copyrighted material of Pinnacle Realtors
HighLights
- Live‑work condo with office‑ready layout and flexibility for residential or commercial use
- 4 offices and 2 full baths with custom cabinets and granite countertops
- Hardwood and tile flooring plus custom plantation shutters and a walk‑in closet in the primary suite
- Elevator access and one garage; additional covered parking and other parking options
- New HVAC and central air with electric heating (3)
- Corner lot with community amenities including a pool, ball field, pavilion, playground, sidewalks, and garden sites
Overview
Situated in a highly desired community, the property is described as convenient to downtown Covington. The home is also noted as being on a golf cart path to the Town Square, with nearby restaurants, shopping, entertainment, schools, and churches. Community amenities include a pool, ball field, pavilion, playground area, sidewalks, and garden sites.
For tenants or buyers looking for a flexible space that can support office use while retaining residential comfort, the four-office layout and two full baths provide practical rooming for professional services. The combination of elevator access, new HVAC, and in-unit storage supports ongoing, low-friction use. The property’s dual-purpose positioning makes it suitable for operators who want a place that can function as both a workplace and a home base, depending on how it is occupied.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $55.1k | $23.87 |
| − Vacancy | −$13.9k | −$6.02 |
| EGI | $41.2k | $17.85 |
| − OpEx | −$10.3k | −$4.46 |
| NOI | $30.9k | $13.39 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Covington
- County
- Newton
- State
- Georgia
- Longitude
- -83.8717524
- Latitude
- 33.5954813
