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2133 Thompson Avenue Covington, GA $ 2,000,000
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$ 2,000,000 Get more info
2133 Thompson Avenue
$ 2,000,000
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Share Save

2133 Thompson Avenue

Covington, GA, 30014
$ 2,000,000
Baths0.0

Monthly Estimate*

$ 12,477

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Studio

Multi-Family Home for sale in Covington, GA

for $2,000,000. This home was built in 1972 on a lot size of 0.93.

Discover a timeless investment opportunity in the heart of Historic Covington. Comprising 11 turnkey residences across three all-brick buildings, this multifamily gem has been meticulously renovated between 2023 and 2025 and professionally managed with leases secured through 2026. Each 2- and 3-bedroom home blends classic Southern charm with modern convenience, featuring stainless steel kitchens, spa-inspired baths, and updated systems. The unit mix includes seven 2BR/1BA homes ( 950 sqft) and four 3BR/2BA homes ( 1,050 sqft), generating around $15,485 in scheduled monthly revenue. Residents enjoy walkable access to parks, dining, and downtown energy. Ideally located just a 4-minute walk to both Cricket Frog Trail and the City Park, and a 5-minute walk to Covington Square, famous for its film landmarks like The Vampire Diaries. A rare stabilized portfolio offering both immediate returns and long-term growth in Georgia's beloved "Hollywood of the South."

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Multi-Family Active

Price

$ 2,000,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 6,638

Style

Multi Family,Townhouse

Lot Size

0.93

Year Built

1972

Town/City

Covington

County/Region

Newton

MLS | Web ID

10638225
Features
General
Sewer Public Sewer
Heating Central Electric Forced Air
Cooling Central Air Electric
Utilities Electricity Individual Meters Water Individual Meters Other
Association Fee Includes None
Construction Materials Brick
Year Built 1972
Levels Two
Property Subtype Multi Family Townhouse
Tax Year 2024
Gross Income 185820
Community Features Park Near Shopping
County Newton
New Construction N
Property Type Residential Income
HOA N
Attached Garage N
Subdivision Name Thompson Avenue Townhomes
Garage Y/N Y
Status Active
Directions From I-20 E take Exit 92 (Alcovy Rd/GA-142). Turn right onto Alcovy Rd NW then left onto US-278 W/GA-12 W toward Historic Downtown Covington. Turn left onto Emory St NW then right onto Washington St
High School Eastside
City Covington
Senior Community Y/N N
Number Of Units Total 11
Lot Size Units Square Feet
Lot Size Square Feet 40510.8
Carport Y/N N
Elementary School East Newton
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 6638
Home Warranty Y/N N
Middle/Junior High School Cousins
Property Condition Updated/Remodeled
Structure Type Townhouse
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
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Interior
Basement None
Total Fireplaces 0
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Laundry Features Other
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
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Exterior
Parking Features Detached Over 1 Space per Unit
Water Source Public
Total Parking 2
Lot Size Area 40510.8
Foundation Details Block
Spa N
Lot Size Acres 0.93
Lot Size Source Other
Waterfront Y/N N
Horse Y/N N
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* Excluded Features
List By
Keller Williams Realty

Broker

shanaemreece@gmail.com

Email

Affordability Calculator

$13,031
Per Month
96%
4%
0%
Monthly Principal & Interest
$12,477
Monthly Property Taxes
$553
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4133578 Elementary School
4136668 Middle School
Eastside High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/5/2025$2,000,000 Listed Price

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2133 Thompson Avenue, Covington, GA, 30014 is a Multi-Family Home for sale at $2,000,000 with a lot size of 0.93. 2133 Thompson Avenue is a studio with 0.0 baths and was built in 1972. The property's zip code is 30014 which is in Covington, GA

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