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Covington, VA Residential Income Properties for Sale

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Covington Commercial Investment Opportunity
$229,999
0.54 Acres

Covington Commercial Investment Opportunity

803 S Lexington Ave, Covington, VA 24426

Two commercial buildings with potential for multiple uses in Covington.

  • Two commercial buildings included in the sale.
  • Brick construction.
  • Potential for conversion into a mechanic's shop.
  • Upstairs space suitable for apartments or additional office space.
  • Previously rented out, indicating income potential.
Updated: Oct 15, 2025
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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Covington, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 Off-Market properties to explore as potential leads

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Duplex-Style Home with Open Floorplan
$345,990

Duplex-Style Home with Open Floorplan

1,500 sq ft duplex with den, 2-car garage.

9 Florence Sarah Ln, East Lexington, VA 24450
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New Duplex-Style Home For Sale
$342,990

New Duplex-Style Home For Sale

1500 sq ft duplex with open floorplan and 2-car garage.

17 Florence Sarah Ln, East Lexington, VA 24450
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Residential Lot Near State Park
$61,500
0.92 Acres

Residential Lot Near State Park

Affordable building lot with existing utilities near Natural Bridge.

6 Dozer Track Ln, Natural Bridge, VA 24578
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Fully Leased Mobile Home Park
$275,000

Fully Leased Mobile Home Park

Mobile home park with strong rental history near Lexington, VA.

5516 S Lee Hwy, Natural Bridge, VA 24578
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Explore Off-Market Properties in Covington, VA

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

325 Walnut St

325 Walnut St

APARTMENT HOUSE (UNDER 5 UNITS) • 2,952 SF
Value Estimation by Request
325 Walnut St, Covington, VA 24426
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2119 Carpenter Dr

2119 Carpenter Dr

APARTMENT HOUSE (UNDER 5 UNITS) • 4,320 SF
Value Estimation by Request
2119 Carpenter Dr, Covington, VA 24426-2426
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316 Marion Ave

316 Marion Ave

APARTMENT HOUSE (UNDER 5 UNITS) • 2,420 SF
Value Estimation by Request
316 Marion Ave, Covington, VA 24426-1764
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717 Edgemont Dr

717 Edgemont Dr

APARTMENT HOUSE (UNDER 5 UNITS) • 3,640 SF
Value Estimation by Request
717 Edgemont Dr, Covington, VA 24426-2768
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2405 Carpenter Dr

2405 Carpenter Dr

APARTMENT HOUSE (UNDER 5 UNITS) • 2,416 SF
Value Estimation by Request
2405 Carpenter Dr, Covington, VA 24426-2620
View details

Covington, VA Residential Income Properties Investment Opportunities Market Analysis

Explore 6 residential income properties for sale in Covington, VA on our real estate platform. These investment opportunities span a total of 23,522 square feet of properties for sale, with an estimated market value of $229,999.

Prices for residential income properties in Covington, VA start at $229,999, averaging $229,999, and reaching up to $229,999 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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