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    Covington, TN Residential Income Properties for Sale

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    Henning, TN Brighton, TN Mason, TN
    Covington Commercial Investment Opportunity
    $240,000
    0.50 Acres
    Covington Commercial Investment Opportunity

    100 HOLLY GROVE Rd, Covington, TN 38019

    Two residential properties zoned B-2, ideal for commercial use.
    • Zoned B‑2, allowing for commercial business development
    • Located on a busy corner lot in a rapidly growing area
    • Includes two separate houses (100 & 104 Holly Grove Rd) on +/- 0.50 acres
    • Currently used as residential rental properties, providing immediate income
    • Selling both properties together as a single investment
    Updated: Apr 1
    View details
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Covington, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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.

    Brownsville Multifamily Investment Opportunity
    $750,000
    6,468 SF
    Brownsville Multifamily Investment Opportunity

    Six-unit multifamily property in Brownsville, TN with immediate cash flow.

    213 N Washington Avenue, Brownsville, TN 38012

    View details
    Renovated 4-Unit Apartment Building
    $180,000
    1,884 SF
    Renovated 4-Unit Apartment Building

    Four 1-bedroom, 1-bath units in a renovated quadplex offer turnkey rental income potential.

    132 STARDUST Dr, Ripley, TN 38063

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    Fully Occupied Duplex Investment
    $75,000
    1,056 SF
    Fully Occupied Duplex Investment

    A fully occupied duplex offering two 1-bedroom, 1-bath units with kitchens, living areas, and laundry rooms.

    319 WAYNE Ave, Ripley, TN 38063

    View details
    Revitalized Commercial Building in Brownsville
    $129,900
    6,138 SF
    Revitalized Commercial Building in Brownsville

    Commercial building with business space and living area in Brownsville.

    18 Jefferson Street, Brownsville, TN 38012

    View details

    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.

    5 Acres Land in Brighton
    $100,000
    5.00 Acres
    5 Acres Land in Brighton

    5-acre residential land with trees, ideal for building a home.

    FAYNE Rd, Brighton, TN 38011

    View details
    Brighton TN Development Opportunity
    $1,500,000
    124.35 Acres
    Brighton TN Development Opportunity

    125 acres in Brighton, TN, ideal for subdivision development.

    000 MAE SIGMA, Brighton, TN 38011

    View details
    16 Acres on Hwy 59
    $180,000
    16.00 Acres
    16 Acres on Hwy 59

    16 acres in Tipton County, touches Hwy 59.

    Burlison, TN 38015

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    Residential Land in Brighton, TN
    Contact for pricing
    0.93 Acres
    Residential Land in Brighton, TN

    0.93 acre lot suitable for building a custom home.

    48 STAFFORD Rd, Brighton, TN 38011

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    Off-Market Properties in Covington, TN

    Consider similar Off-Market properties in Covington, TN. 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.

    1260 Old Brighton Rd
    MOBILE HOME PARK, TRAILER PARK
    Lot: 7.33 Acres
    Value Estimation by Request

    1260 Old Brighton Rd, Covington, TN 38019

    View details

    Covington, TN Residential Income Properties Market Trends and Statistics

    Explore 2 residential income properties for sale in Covington, TN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $240,000.

    Sale prices for residential income properties in Covington, TN start at $240,000, averaging $240,000, and reaching up to $240,000 — 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

    Single family properties 1

    Demographics Overview

    Population 16K
    Population Growth (5Y) -1.5%
    Median Household Income $59,957
    College Educated 20.2%

    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
    38019 $240K

    Taxes & Financing

    Tax Rate (average for all types) 2.97%
    Property Tax per SF $59.62 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Tipton County

    New Delisted

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