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    Covington, GA
    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
    Found 6 multifamily properties for sale in Covington, GA, averaging $153/sq ft. Use valuation data to compare deals faster.
    Occupied Two-Unit Duplex
    Updated: Jul 21
    Occupied Two-Unit Duplex

    7117 Pineneedle Dr SW, Covington, GA 30014

    $235,000
    1,536 sqft 0.35 AC lot
    Two‑unit duplex with 2 bedrooms and 1 bathroom per residence
    Approximately 1,536 SF total; each unit is approximately 768 sq ft
    Both units are occupied by tenants
    Separate electric, gas, and water meters for each unit
    Built in 1985 on a 0.35‑acre lot
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    This listing looks promising.

    Here's a quick look at some key insights for

    7117 Pineneedle Dr SW, Covington, GA 30014

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    • Est. Cap Rate

      8.8%
      Above avg (5.9%)

    • Est. NOI

      $21K
      Annual

    • Price @ 7% Cap

      $295K
      Above asking

    • Property Type

      Duplex
      Built 1985
    View Property Analytics
    Brick Duplex with Private Entrances
    Updated: Aug 9
    Brick Duplex with Private Entrances

    9223 Westview Drive SW, Covington, GA 30014

    $189,900
    0.80 AC lot
    Two separate 2‑bedroom, 1‑bath units in a single‑story duplex
    0.8‑acre lot with mature trees and a large backyard
    Private entrance, kitchen, living area, and full bathroom for each unit
    All‑brick construction built in 1969
    Central heating and central air
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    Renovated Quadplex
    Renovated Quadplex

    3168 Corley Street NW, Covington, GA 30014

    $499,374
    0.28 AC lot

    Four tenant-occupied residences offer electric systems, updated interiors, and public water and sewer service.

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    Brick Duplex with Private Entrances
    Brick Duplex with Private Entrances

    9223 Westview Dr SW, Covington, GA 30014

    $189,900

    Single-story layout includes separate living spaces, kitchens, and full baths for each residence.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Duplex with One Vacant Unit
    Duplex with One Vacant Unit

    10266 Stone St Nw, Covington, GA 30014

    $350,000

    Two residential units provide a combination of existing tenancy and immediate occupancy flexibility.

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    Duplex with Two-Bedroom Units
    Duplex with Two-Bedroom Units

    7126 Pineview Drive SW, Covington, GA 30014

    $154,900

    Brick-and-wood exterior houses two residential units with distinct one- and two-level layouts.

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    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 6 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.

    Six-Unit Apartment Building
    Six-Unit Apartment Building

    2785 Country SE Ct, Conyers, GA 30013

    $899,000
    1,400 sqft

    Fully occupied multifamily property with a mix of one- and two-bedroom apartments under professional management.

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    Six-Unit Apartment Building
    Six-Unit Apartment Building

    2785 Country SE Ct, Conyers, GA 30013

    $899,000
    0.08 AC lot

    Fully leased property with a mix of one- and two-bedroom units.

    View details
    Two-Unit Duplex with Covered Porches
    Two-Unit Duplex with Covered Porches

    11 Spruce Street, Porterdale, GA 30014

    $200,000
    0.12 AC lot

    Well-maintained duplex with two 1-bedroom, 1-bath units, covered front porches, and month-to-month senior tenants.

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    Duplex with Covered Porches
    Duplex with Covered Porches

    11 Spruce Street, Porterdale, GA 30014

    $200,000
    0.12 AC lot

    Each unit offers a one-bedroom, one-bath layout with interior laundry and a walk-in closet.

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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.

    View details
    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.

    View details

    Covington, GA Multifamily Properties Market Trends and Statistics

    Explore 6 multifamily properties for sale in Covington, GA, showcased through 6 active listings 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 $1,619,074.

    Sale prices for multifamily properties in Covington, GA start at $154,900, averaging $269,845, and reaching up to $499,374 — 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 5
    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 $367.2K

    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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