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    Covington, VA
    Residential Income

    Covington, VA Residential Income Properties for Sale

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    Hot Springs, VA Low Moor, VA Eagle Rock, VA Clifton Forge, VA White Sulphur Springs, WV Caldwell, WV Lewisburg, WV Warm Springs, VA
    Two-Home Duplex Property
    Updated: Jul 6
    Two-Home Duplex Property

    702 N Beverly Ave, Covington, VA 24426

    $95,000
    Two homes situated on one tax parcel
    Front home: 1, 056 sq ft, 2 bedrooms, and 1 bathroom
    Rear home: 816 sq ft, 2 bedrooms, and 1 bathroom
    One residence is currently rented
    Second home is ready for occupancy or leasing
    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    1 active listing matches your search: Residential Income for sale in Covington, VA. Based on your search, we've also compiled 13 Potential Opportunities for your consideration: 4 properties in nearby cities, 5 off-market properties to explore as potential leads, and 4 land listings with development potential.

    Opportunities in Nearby Cities

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

    Apartment Complex with 14 Units
    Apartment Complex with 14 Units

    150-156 Courtney Dr, Lewisburg, WV 24901

    $2,500,000
    6,031 sqft 1.32 AC lot

    A 4-bay garage and a historic house with office and meeting space complement the apartment component.

    View details
    Brick Duplex with Finished Basements
    Brick Duplex with Finished Basements

    3645 Oaklawn Ave NW, Roanoke, VA 24019

    $320,000
    0.28 AC lot

    Both residences are fully rented and include separate driveways for off-street parking.

    View details
    Recreational Acreage with Existing Utilities
    Recreational Acreage with Existing Utilities

    1227 Keister Rd, Lewisburg, WV 24901

    $435,000
    50.00 AC lot

    50+/- acres with fields and woods, two wells, septic, electric, and an older two-bedroom home.

    View details
    Multifamily Redevelopment Opportunity in Roanoke
    Multifamily Redevelopment Opportunity in Roanoke

    6520 Thirlane Rd NW, Roanoke, VA 24019

    Contact for pricing
    43,465 sqft 3.35 AC lot

    105-unit multifamily redevelopment opportunity in Roanoke County, Virginia.

    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.

    32.52 Acres in White Sulphur
    32.52 Acres in White Sulphur

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

    $65,000
    32.52 AC lot

    32.52 acre parcel with long range views.

    View details
    Land with Mountain Views
    Land with Mountain Views

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

    $195,000
    1.61 AC lot

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

    View details
    Ski-Out Mountain View Land
    Ski-Out Mountain View Land

    3,4,5 SKI SLOPE WAY, Hot Springs, VA 24445

    $224,900
    1.44 AC lot

    Three adjacent lots in a resort community with west-facing views and direct ski-out access to the main slope.

    View details
    Residential Land Near Homestead Amenities
    Residential Land Near Homestead Amenities

    47 QUARRY HILL RD, Hot Springs, VA 24445

    $95,000
    1.04 AC lot

    Residential land for sale near golf course and Homestead amenities.

    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)

    325 Walnut St, Covington, VA 24426

    Estimated value:
    $245,000
    2,952 sqft
    View details
    316 Marion Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    316 Marion Ave, Covington, VA 24426-1764

    Estimated value:
    $250,000
    2,420 sqft
    View details
    717 Edgemont Dr
    APARTMENT HOUSE (UNDER 5 UNITS)

    717 Edgemont Dr, Covington, VA 24426-2768

    Estimated value:
    $265,000
    3,640 sqft
    View details
    2119 Carpenter Dr
    APARTMENT HOUSE (UNDER 5 UNITS)

    2119 Carpenter Dr, Covington, VA 24426-2426

    Estimated value:
    $260,000
    4,320 sqft 0.67 AC lot
    View details
    2405 Carpenter Dr
    APARTMENT HOUSE (UNDER 5 UNITS)

    2405 Carpenter Dr, Covington, VA 24426-2620

    Estimated value:
    $230,000
    2,416 sqft
    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.

    Sale prices for residential investment properties in Covington, VA average $95,000 — 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 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 $95K

    Taxes & Financing

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

    Total CRE Inventory on Market (SF)

    How Realmo verifies these figures

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