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Active117 days listed

5355 Salem Road, Covington, GA 30016

  • 3bd
  • 2ba
  • 1,630SF
  • 1.13ac lot

Single-family home

List price

$179,000

$110/SF list

Ask about this home

FMLS IDXFMLS #7798979 · Listing Provided By The Legacy Real estate Group, LLC · 470-781-1244 · Listing agent Amy Easterlin

Location

5355 Salem Road, Covington GA 30016

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About this home

Unlock the potential of this charming 3-bedroom, 2-bath home, offering endless possibilities for homeowners, investors, or business owners alike. Situated in a highly visible location, this property may offer commercial potential with the appropriate rezoning, making it an excellent opportunity for those looking to live, invest, or establish a business. Inside, you'll find a spacious layout ready for your personal updates and creative vision. Whether you're looking to renovate and restore its character or transform it into something entirely new, this fixer-upper is full of opportunity. Outside, the property features a workshop and an additional storage shed, providing ample space for hobbies, equipment, or extra storage. With room to grow and so much potential, this property is a rare opportunity for anyone seeking value and versatility.

How this list price compares in Covington

Figures are list prices from current FMLS IDX inventory (Active, Active Under Contract and Pending), not sales prices or appraisals.

Home facts

Property type
Single-family home
Status
Active
Bedrooms
3
Full baths
2
Living area
1,630 SF
Lot size
1.13 acres
Year built
1941
Levels
One
Main-level bedrooms
3
Parking
Carport
Basement
Crawl Space
Style
Ranch
Construction
Vinyl Siding
Roof
Metal
Flooring
Carpet, Hardwood, Laminate
Heating
Central, Natural Gas
Cooling
Central Air, Electric
Appliances
Dishwasher, Gas Water Heater, Refrigerator
Lot
Level, Open Lot
HOA
No
Annual tax
$1,902 (2024)
County
Newton

Assigned schools

As reported in the listing. Verify with the school district.

Payment estimate

Estimate the monthly payment

Prefilled with the list price of $179,000 and this week's average rate. Change anything to see your number.

Loan type
Estimated monthly payment

$1,457/mo

Principal and interest
$1,107
Property tax
$159
Home insurance
$125
Mortgage insurance
$67
Loan amount
$161,100
Cash down
$17,900

This is an estimate only. Not a lender, not a loan offer and not a rate quote. Rates: Freddie Mac PMMS weekly average for 2026-10-22: 30-yr 7.32%, 15-yr 6.68%. Tax uses the annual tax amount in the listing; insurance assumes $1,500 a year. Conventional adds 0.5% a year mortgage insurance under 20% down; FHA uses 3.5% minimum down, a 1.75% upfront premium financed and 0.55% a year MIP; VA adds a 2.15% funding fee financed under 5% down and no monthly MI. Talk to a licensed lender for a real quote.

Similar homes for sale in Covington

Questions about this home

How do I schedule a showing of this home?

Use the "Ask about this home" form on this page and include the days and times that work for you. Jeff Crowe will follow up to set up a showing.

How do I get more information about this listing?

Send your question through the form on this page. Listing details come from FMLS and are provided by The Legacy Real estate Group, LLC, so confirm them before making an offer.

Is this home still available?

This page shows the status reported in FMLS (Active) as of the last update. Status can change quickly, so ask through the form to confirm before you tour.

How is the monthly payment estimate calculated?

It uses the list price, an average mortgage rate, the tax amount in the listing (or an estimated tax rate when none is given), estimated insurance and any HOA dues in the listing. It is an estimate only, not a loan offer. Talk to a licensed lender for a real quote.

Where can I see similar homes for sale in Covington?

See the similar homes section on this page, or browse all homes for sale in Covington, GA.

Beyond homes

Also exploring Georgia investment real estate?

Jeff Crowe is a local, full-service agent with CENTURY 21 The Avenues who also works with buyers and sellers of apartment buildings, churches, commercial property and land across Georgia. The pages below are other property types and investor research, separate from this home listing.

Other property types for sale

Investor research and tools

Thinking about a rental or a building instead? Send Jeff a message.

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