Advertise
    Covington, VA
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Property Types
    1
    • Retail
    • Office
    • Residential Income
    • Restaurants
    • Industrial
    • Warehouse
    • Mixed-Use
    • Hospitality
    • Health Care
    • Sports & Entertainment
    • Land
    • Agricultural
    • Parking & Garage
    • Specialty
    Price
    Price
    $
    $

    Covington, VA Residential Income Properties for Sale

    Notify Me
    List
    Map
    Low Moor, VA Clifton Forge, VA Eagle Rock, VA
    Two-Building Commercial Conversion Opportunity
    $229,999
    0.54 Acres
    Two-Building Commercial Conversion Opportunity

    803 S Lexington Ave, Covington, VA 24426

    Two commercial buildings in an M1-zoned area, offering flexible space for automotive use and potential upper-level conversion.
    • Two commercial buildings (brick construction) with potential for conversion to a mechanic’s shop, apartments, or additional office space
    • Heat pump heating and heat pump cooling
    • Roof is shingle
    • Built in 1932
    • Public water and public sewer
    Updated: Aug 23, 2024
    View details
    Based on your search, we've compiled 14 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, 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.

    Historic Multifamily Property
    $2,500,000
    6,031 SF
    Historic Multifamily Property

    Mixed-use multifamily complex with a historic main house, 14 apartments, and a 4-bay garage on 1.32 acres.

    150-156 Courtney Dr, Lewisburg, WV 24901

    View details
    Lewisburg Commercial Property with Income
    $625,000
    2,194 SF
    Lewisburg Commercial Property with Income

    Landmark property in Lewisburg with commercial and residential income.

    1023 E Washington St, Lewisburg, WV 24901

    View details
    Duplex with Two 2BR Units
    $39,500
    2,412 SF
    Duplex with Two 2BR Units

    Duplex offering two 2-bedroom, 1-bath units with recent major system updates.

    617 Rose Avenue, Clifton Forge, VA 24422

    View details
    Clifton Forge Duplex Opportunity
    $39,500
    0.17 Acres
    Clifton Forge Duplex Opportunity

    Duplex in Clifton Forge with two units. Sold AS/IS.

    617 Rose Ave, Clifton Forge, VA 24422

    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.

    125 Acres Mountain Retreat Land
    $622,500
    125.00 Acres
    125 Acres Mountain Retreat Land

    Private mountain retreat with breathtaking views and abundant wildlife.

    2047 Old Horse Mountain Road, Covington, VA 24426

    View details
    30 Acres Near Omni Homestead
    $389,000
    30.42 Acres
    30 Acres Near Omni Homestead

    30+ acre property near Omni Homestead Resort and Golf Course.

    0 Spring Hill Rd, Healing Springs, VA 24445

    View details
    32.52 Acres in White Sulphur
    $65,000
    32.52 Acres
    32.52 Acres in White Sulphur

    32.52 acre parcel with long range views.

    Overlook At The Greenbrier lot: 29 Katy Drive, White Sulphur Springs, WV 24986

    View details
    Land with Mountain Views
    $195,000
    1.61 Acres
    Land with Mountain Views

    Residential land in Hot Springs, VA, with approved architectural plans.

    15 DELAFIELD RD lot: 15, Hot Springs, VA 24445

    View details

    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
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,952 SF
    Value Estimation by Request

    325 Walnut St, Covington, VA 24426

    View details
    316 Marion Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,420 SF
    Value Estimation by Request

    316 Marion Ave, Covington, VA 24426-1764

    View details
    717 Edgemont Dr
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,640 SF
    Value Estimation by Request

    717 Edgemont Dr, Covington, VA 24426-2768

    View details
    2119 Carpenter Dr
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,320 SF Lot: 0.67 Acres
    Value Estimation by Request

    2119 Carpenter Dr, Covington, VA 24426-2426

    View details
    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 Market Trends and Statistics

    Explore 6 residential income properties for sale in Covington, VA 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 $229,999.

    Sale 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 stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 1
    Multifamily properties 1

    Demographics Overview

    Population 14K
    Population Growth (5Y) +0.2%
    Median Household Income $51,841
    College Educated 18.2%

    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
    24426 $230K

    Taxes & Financing

    Tax Rate (average for all types) 0.85%
    Property Tax per SF $5.55 per SF
    Average Loan-to-Value 65.0%

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Popular Searches in Covington, VA

    Popular Categories

    Most Searched ZIP Codes in Covington, VA

    • 24426

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!