Residential Income

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
Zoned Apartment Development Land
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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Four-Sided Brick Duplex
Updated: Sep 14
Four-Sided Brick Duplex

9285 Cedar Ridge Drive NW, Covington, GA 30014

$335,000
0.46 AC lot
Two‑unit duplex with 6 bedrooms and 4 bathrooms
0.46‑acre lot in the Cedar Ridge community
Four‑sided brick construction, built in 1982
Each residence has a main‑level primary suite and two upstairs bedrooms
Vacant residence is updated; the second unit is tenant occupied
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Brick Duplex with Fenced Yard
Brick Duplex with Fenced Yard

9285 Cedar Ridge Drive NW, Covington, GA 30014

$335,000
0.46 AC lot

Two updated multi-level units offer three bedrooms and two baths each.

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See hot listings in Covington

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Duplex with Two-Bedroom Units
Duplex with Two-Bedroom Units

7126 Pineview Drive SW, Covington, GA 30014

$124,900

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

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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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Based on your search, we've compiled 21 Potential Opportunities for your consideration. Besides 5 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
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 Multifamily Property
Six-Unit Multifamily Property

2785 Country SE Ct, Conyers, GA 30013

$899,000
0.08 AC lot

Fully leased asset with four one-bedroom units, two two-bedroom units, and public water service.

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Occupied Two-Unit Duplex
Occupied Two-Unit Duplex

3 N Broad Street, Porterdale, GA 30014

$229,999
0.08 AC lot

Both units are leased and feature central heating, central air, and off-street parking.

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Duplex with Off-Street Parking
Duplex with Off-Street Parking

3 N Broad ST, Porterdale, GA 30014

$229,999

Two-unit residential property featuring central air and exterior parking.

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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
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
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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Residential Land in Growing Community
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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Residential Development Land Parcel
Residential Development Land Parcel

2567 Gees Mill Road NE, Conyers, GA 30013

$343,293
27.91 AC lot

Approximately 27.91 acres of zoned AR land available for sale in Conyers.

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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.

Washington St
Land

0 Washington St, Covington, GA 30014

Estimated value: by Request
8.64 AC lot
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56 Ac Youth Jersey Rd
Land

56 Ac Youth Jersey Rd, Covington, GA 30014

Estimated value: by Request
56.53 AC lot
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Wilson Rd
Agricultural land / Farmland

0 Wilson Rd, Covington, GA 30016

Estimated value: by Request
15.65 AC lot
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Youth Jersey Rd
Land

0 Youth Jersey Rd, Covington, GA 30014

Estimated value: by Request
98.00 AC lot
View details

Covington, GA Residential Income Properties Market Trends and Statistics

Explore 13 residential income properties for sale in Covington, GA, showcased through 5 active listings on our real estate platform.

Sale prices for residential investment properties in Covington, GA start at $124,900, averaging $284,980, and reaching up to $350,000 — 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 4
Multifamily properties 4
Single family properties 3

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 $229.4K

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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