Multifamily

Covington, GA Multifamily Properties for Sale

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Porterdale, GA Oxford, GA Social Circle, GA Conyers, GA Mansfield, GA Watkinsville, GA Loganville, GA Newborn, GA
Covington Duplex: Income-Generating Investment
Updated: Jan 28
Covington Duplex: Income-Generating Investment

7117 Pineneedle Drive SW, Covington, GA 30014

$235,000
1,536 sqft 0.35 AC lot
100% Occupied: Generates immediate rental income.
Investor‑Friendly: Separately metered utilities simplify management.
Spacious Units: Two 2‑bedroom, 1‑bath units, each approximately 768 sq ft.
Low Maintenance: Durable construction and manageable 0.35‑acre lot.
Convenient Location: Situated near shopping, dining, and major highways in Covington.
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Turnkey Quadruplex with Renovations
Updated: May 31, 2024
Turnkey Quadruplex with Renovations

3168 Corley Street NW, Covington, GA 30014

$499,374
0.28 AC lot
Quadruplex built in 2000 with four addresses included: 3168, 3170, 3172 & 3174 Corley Street
Each unit is 2 bed / 1 bath and total electric
Recent renovations include newer roof and newer water heaters
Several units upgraded with LVP flooring, new paint, and updated countertops
Utilities: public water and public sewer
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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Covington, GA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Well-Maintained Duplex Opportunity
Well-Maintained Duplex Opportunity

2124 Golfview Drive SE, Conyers, GA 30013

$410,000
0.35 AC lot

Two separate residences with 3 bedrooms and 2 full bathrooms each, each served by its own private driveway.

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Duplex with Private Driveways
Duplex with Private Driveways

2124 Golfview Drive SE, Conyers, GA 30013

$410,000
0.35 AC lot

Well-maintained duplex with two 3-bedroom, 2-bath units and separate private driveways for off-street parking.

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Porterdale Duplex in Historic District
Porterdale Duplex in Historic District

11 Spruce Street, Porterdale, GA 30014

$200,000
0.12 AC lot

Well-maintained duplex with long-term tenants, generating reliable income.

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Porterdale Duplex in Historic District
Porterdale Duplex in Historic District

11 Spruce Street, Porterdale, GA 30014

$200,000
0.12 AC lot

Well-maintained duplex with long-term tenants in Porterdale, Georgia.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Oxford, GA Land For Sale
Oxford, GA Land For Sale

401 Cannon Farm Road, Oxford, GA 30054

$85,000
3.28 AC lot

3.28 acres in Walton County school district.

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Land in Walton County
Land in Walton County

401 Cannon Farm Road, Oxford, GA 30054

$85,000
3.28 AC lot

3.28 acres in Walton County, zoned for mobile home.

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Residential Lot Near Downtown Monroe
Residential Lot Near Downtown Monroe

525 Birch Street, Monroe, GA 30656

$34,900
0.45 AC lot

0.45-acre residential lot near historic downtown Monroe, Georgia.

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Residential Lot Near Downtown Monroe
Residential Lot Near Downtown Monroe

525 Birch Street, Monroe, GA 30656

$34,900
0.45 AC lot

Residential lot near historic downtown Monroe, Georgia.

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Covington, GA Multifamily Properties Market Trends and Statistics

Explore 2 multifamily properties for sale in Covington, GA on our real estate platform. These investment opportunities span a total of 1,536 square feet of properties for sale, with an estimated market value of $235,000.

Sale prices for multifamily properties in Covington, GA start at $235,000, averaging $235,000, and reaching up to $235,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 1
Quadplexes 1

Demographics Overview

Population 101K
Population Growth (5Y) +8.6%
Median Household Income $72,998
College Educated 20.9%

High-Yield Neighborhoods for Investment

Identify Covington submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
30014 $417K

Taxes & Financing

Tax Rate (average for all types) 3.15%
Property Tax per SF $79.01 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Newton County

New Delisted

Total CRE Inventory on Market (SF)

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