Georgia Multifamily
Duplexes for Sale in Covington
City mix: 2 duplex · 0 triplex · 0 fourplex · 0 apartmentsAll typesMarket report →
— inventory checked October 5, 2026 at 5:45 PM EDT. Count and medians are the FMLS set on this page at that time, not a standing market total.
ACS 2023 · HUD FY2027 · 2 ZCTAs with ACS
Covington duplex stock & renter economics
Covington duplex pages use ACS 2-unit structure counts and 2BR/3BR Small Area FMRs — not the combined 2–4 + 5–49 hub table. Census counts housing units in 2-unit buildings, not live FMLS duplex listings. Live FMLS set on this page: 2 buildings.
2 ZCTAs · 2 with ACS. Medians across ACS ZIPs; totals for stock. Not a listing feed.
- Population
- 101,331
- Households
- 35,559
- Housing units
- 37,382
- 2-unit stock
- 591
- 2-unit share
- 1.6%
- Median renter share
- 28.5%
- ACS median rent
- $1,392
- Contract rent
- $1,128
- 2BR SAFMR
- $1,570
- 3BR SAFMR
- $1,870
- SAFMR / ACS rent
- 1.13×
- Vacancy (ACS)
- 5.2%
- Pop Δ 2018–2023
- +8.6%
- Median HH income
- $72,666
- Rent burden ≥30%
- 51.5%
- Rent burden ≥50%
- 31.5%
591 ACS units sit in 2-unit structures across this geography. That is standing stock, not the live duplex list above.
Georgia ZIP housing directory·All Georgia ZCTAs·SAFMR directory·Voucher Spread™
ZCTA ≈ USPS ZIP. ACS 5-year 2023 lags construction. Units-in-structure is Census standing stock (2-unit vs 3–4 vs 5–49 vs 50+), not the live FMLS card. SAFMR is a bedroom-specific HUD voucher benchmark, not asking rent. LIHTC / assisted-MF are inventory of record and belong on apartment pages. 5+ permits are county BPS 2025 allocated by ZCTA housing-unit share. Brokerage is Georgia-only.
2 Duplexes for Sale in Covington
Duplexes are usually the largest local group. Two units still finance like a house for many buyers. Compare price per door here against the Georgia duplex median before you stretch on price. Covington is Newton east-metro growth with still-thin multifamily inventory. Jeff Crowe CRE (Georgia license 355533, Century 21 The Avenues in Calhoun) represents buyers and sellers of this inventory. If this Covington list is only one or two listings, view all duplexes for sale in Georgia and open the parent county page so you are not negotiating off a single ask.
Current Market Snapshot
HUD Fair Market Rent · Newton County(FY2026)
View all duplexes for sale in GeorgiaGeorgia multifamily market report →
Showing 2 of 2 duplexes
Frequently Asked Questions — Covington Duplexes
Are there duplexes for sale in Covington?
This page is the live FMLS Residential Income set for duplexes in Covington. Counts change with the MLS feed. If inventory is thin, open the statewide Georgia duplexes collection or the county page for a larger sample.
How does Covington compare to Georgia overall for duplexes?
Use the statewide inventory at /multifamily-for-sale/georgia for the full Georgia duplexes set, then compare $/door and published cap estimates against this city. Smaller markets often have one or two live listings; that is not a full comp set.
Do duplexes in Covington still qualify for residential financing?
Most 2–4 unit duplexes can still qualify for conventional residential financing when the buyer and property meet guidelines. Always confirm with your lender. 5+ unit buildings are a different stack.
Why is the estimated cap rate missing on some Covington listings?
Yields on this site are independent screening models, not MLS fields. A listing is left out of the cap sample when we cannot publish a number. That is not a zero cap — pull the rent roll.
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