Covington, GA 30014,2133 Thompson AVE SE
Covington, GA 30014,2133 Thompson AVE SE
Covington, GA 30014,2133 Thompson AVE SE
Covington, GA 30014,2133 Thompson AVE SE
Covington, GA 30014,2133 Thompson AVE SE
Covington, GA 30014,2133 Thompson AVE SE
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$ 2,000,000
Est. payment | /mo

0.93 Acres Lot


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$ 2,000,000
Est. payment | /mo
Save

0.93 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Subdivision Thompson Avenue Townhomes

MLS Listing ID 7676876

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1972

Annual Tax Amount $6,638

Tax Year 2024

Lot Size 0.930 Acres

Acres 0.93

Property Sub-Type Other

Source First Multiple Listing Service

Property Description

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.”

Location

State GA

County Newton

Area Thompson Avenue Townhomes

Lake Name None

Interior

Heating Central, Electric, Forced Air

Cooling Central Air, Electric

Flooring Carpet, Vinyl

Window Features Insulated Windows

Exterior

Parking Features Parking Lot

Fence Back Yard

Community Features Near Shopping

Utilities Available Electricity Available, Sewer Available, Water Available

Waterfront Description None

View Y/N Yes

View City, Trees/Woods, Neighborhood

Roof Type Composition,Shingle

Accessibility None

Handicap Access None

Total Parking Spaces 2

Private Pool false

Building

Lot Description Level, Corner Lot, Other

Story Two

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Brick 4 Sides

Construction Status Updated/Remodeled

Schools

Elementary Schools East Newton

Middle Schools Cousins

High Schools Eastside

Others

Senior Community no

First Multiple Listing Service(FMLS)
Listed by Keller Williams Realty Peachtree Rd.

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Sharon Bevins
Sharon Bevins

Broker Associate

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2133 Thompson AVE SE