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

Found 7 residential income properties for sale in Covington, GA, averaging $141/sq ft. Use valuation data to compare deals faster.

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Updated: Jul 10

Zoned Apartment Development Land

96 Fieldcrest Drive, Covington, GA 30014

$280,000

4.07 AC lot

Over 4 acres of land zoned for apartments, with zoning already in place for apartment development
All public utilities are available (public water and public sewer)
Includes a 3‑bedroom, 2‑bath home described as a fixer‑upper that can be renovated for rental income or removed
Brick construction with central heating and central air (electric), plus a garage
Fireplace present; year built 1963

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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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Commercial Sale, Covington, GA

5202-A Highway 20 S, Covington, GA 30016

$175,000

1,242 sqft 1.55 AC lot

Single family properties · 1,242 SF

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See what stands out in Newton County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

Cap Rate available after sign in

NOI available after sign in

Local Demand available after sign in

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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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

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

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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Based on your search, we've compiled 23 Potential Opportunities for your consideration. Besides 7 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.

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

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.

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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

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.

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

$450,000

19.38 AC lot

19.38 acres of land with Yellow River frontage.

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Covington Wooded Creek Lot

195 Cedar Road, Covington, GA 30016

$62,700

3.20 AC lot

3.2-acre wooded lot near Wildcat Creek in Covington, GA.

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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 15 residential income properties for sale in Covington, GA, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 1,242 square feet of properties for sale, with an estimated market value of $1,839,074.

Sale prices for residential income properties in Covington, GA start at $154,900, averaging $262,724, 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

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	$175K
30014	$238K

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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