Covington, GA Residential Income Properties for Sale

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Porterdale, GA Oxford, GA Social Circle, GA Conyers, GA Mansfield, GA Watkinsville, GA Loganville, GA Newborn, GA

6 properties

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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This listing looks promising.

Here's a quick look at some key insights for

7117 Pineneedle Drive 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

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Updated: Jun 18

Historic House with Office Potential

1155 Floyd Street NE, Covington, GA 30014

$889,000

5,306 sqft 0.25 AC lot

Built in 1906 with wood siding and a composition roof
Main‑level primary suite with double vanities, soaking tub, and separate shower
Stained‑glass windows and a sweeping curved staircase, plus handcrafted columns and intricate millwork
Kitchen with abundant cabinetry, island, major appliances, and a wine cooler
Upstairs laundry room and bedrooms with private baths

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C-1 Zoned Commercial Development Land

1791 Walnut Avenue, Covington, GA 30014

$739,900

5.67 AC lot

C-1 commercial land with utilities, existing structures, and high daily traffic for development planning.

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Zoned Apartment Development Land

96 Fieldcrest Drive, Covington, GA 30014

$324,900

4.07 AC lot

A 4+ acre site zoned for apartments with public utilities available, plus an included 3-bedroom fixer-upper home.

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Ranch-Style Residence with Backyard

165 Moss Road, Covington, GA 30016

$220,000

1.00 AC lot

Move-in ready ranch home built in 1976 with stainless appliances, a kitchen island, and an open backyard.

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Turnkey Quadruplex with Renovations

3168 Corley Street NW, Covington, GA 30014

$499,374

0.28 AC lot

Four total-electric units with 2 bedrooms and 1 bathroom each, updated with recent roofing, water heaters, and interior finishes.

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Based on your search, we've compiled 22 Potential Opportunities for your consideration. Besides 6 Active listings in Covington, GA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 8 Off-Market properties to explore as potential leads, 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

2124 Golfview Drive SE, Conyers, GA 30013

$399,900

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

2124 Golfview Drive SE, Conyers, GA 30013

$399,900

0.35 AC lot

Well-maintained duplex with two 3-bedroom, 2-bath units, each with its own private driveway and outdoor space.

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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

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.

Covington Development Opportunity: 9.05 Acres

10860 Covington By Pass Road, Covington, GA 30014

$800,000

9.05 AC lot

9.05-acre Covington site approved for 49 townhomes.

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Oxford, GA Land For Sale

Mt Tabor Road, Oxford, GA 30054

$550,000

19.38 AC lot

19.38 acres of land with Yellow River frontage.

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7.7 Acres in Conyers, GA

224 Griffin Mountain Trail NE, Conyers, GA 30013

$194,900

7.72 AC lot

7.7-acre tract suitable for residential development in Conyers, Georgia.

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Residential Land in Growing Community

Spring Hill Drive, Covington, GA 30016

$32,000

0.68 AC lot

0.68-acre lot in Covington, GA, ready for your dream home.

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Off-Market Properties in Covington, GA

Consider similar Off-Market properties in Covington, GA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Land

0 Washington St, Covington, GA 30014

Value Estimation by Request

8.64 AC lot

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Land

0 Piper Rd, Covington, GA 30014

Value Estimation by Request

15.71 AC lot

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Land

56 Ac Youth Jersey Rd, Covington, GA 30014

Value Estimation by Request

56.53 AC lot

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Farms

15527 Ga-36, Covington, GA 30014

Value Estimation by Request

2.89 AC lot

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Land

80 Ga-212, Covington, GA 30014

Value Estimation by Request

14.45 AC lot

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Agricultural land / Farmland

0 Wilson Rd, Covington, GA 30016

Value Estimation by Request

15.65 AC lot

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Farms

3905 Ga-138, Covington, GA 30014

Value Estimation by Request

73.97 AC lot

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Land

0 Youth Jersey Rd, Covington, GA 30014

Value Estimation by Request

98.00 AC lot

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Covington, GA Residential Income Properties Market Trends and Statistics

Explore 14 residential income properties for sale in Covington, GA, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 6,842 square feet of properties for sale, with an estimated market value of $1,124,000.

Sale prices for residential income properties in Covington, GA start at $235,000, averaging $562,000, and reaching up to $889,000 — 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

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
30016	$440K
30014	$557.2K

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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