5169 Covington Hwy
Description
Seize a rare and highly versatile investment opportunity with this unique assemblage of three contiguous properties, collectively offering 4.62 acres of valuable real estate with approximately 40 feet of frontage along Covington Highway. This portfolio is ideally suited for a variety of development or renovation strategies, from enhancing the existing homes to constructing a small residential community. Its strategic...Exceptional Multi-Property Investment Opportunity – Prime Assemblage on Covington Highway
Seize a rare and highly versatile investment opportunity with this unique assemblage of three contiguous properties, collectively offering 4.62 acres of valuable real estate with approximately 40 feet of frontage along Covington Highway. This portfolio is ideally suited for a variety of development or renovation strategies, from enhancing the existing homes to constructing a small residential community. Its strategic location just minutes from Highway 285 ensures excellent connectivity and long-term value growth. Property Breakdown:
Lot 1:A spacious 4-bedroom, 3-bathroom home encompassing 2,357 square feet of finished living space, plus an additional 391 square foot unfinished basement—perfect for customization or expansion. The home sits on a generously sized 0.66-acre lot, offering ample yard space and privacy. Lot 2:A charming 3-bedroom, 2-bathroom residence featuring 1,891 square feet of interior space, along with a 300 square foot unfinished basement. Set on a substantial 1.39-acre lot, this property offers both comfort and future development potential. Lot 3:A cozy 3-bedroom, 1-bathroom home offering 1,264 square feet of living area, situated on a sprawling 2.57-acre lot. Ideal for personal use, rental income, or as a candidate for redevelopment. Total Combined Acreage: 4.62 Acres
With a flexible layout and diverse structures, this assemblage offers multiple paths for return on investment:
Renovate and lease existing residences
Develop a boutique housing enclave
Subdivide and sell parcels individually
Hold for long-term appreciation in a rapidly developing corridor
Key Highlights:
Prime location on Covington Highway
Easy access to major thoroughfares, especially I-285
Approximately 40 feet of road frontage
Flexible zoning potential (buyer to verify)
Seller is open to offers on individual lots—see additional listings #10488862 and #10488863 for separate details. This is a compelling acquisition for investors, developers, or visionaries seeking a strategically located, multi-parcel property with excellent upside potential.
- Listed by KIMBERLY D BRANCH • Keller Williams Realty Atl Partners • 678-252-1900
- Listed by ERIC RENDER • Keller Williams Realty Atl Partners
Property Details for 5169 Covington Highway
Property Details for 5169 Covington Highway
| Status | Active |
|---|---|
| MLS # | 7549945 |
| Days on Market | 326 |
| Taxes | $3,829 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Single Family |
| MLS Type | Residential / Single Family Residence |
| Year Built | 1959 |
| Lot Size | 1.40 AC / 60,983 SF |
| County | DeKalb County |
Location
Building Information for 5169 Covington Highway
Payment Calculator
$1,854 per month
30 year fixed, 6.15% Interest
$1,535
$319
$0
Property Information for 5169 Covington Highway
- Community Features: None
- Directions: I75/85 S to I20 E, Exit 247 toward Augusta. Take Exit 67, I285 N toward Greenville. Take Exit 44, Glenwood Rd Exit. Turn R onto Glenwood Rd. Turn R onto Covington Hwy. Property on R.
- Lake Name: None
- View: Trees/Woods
- Coordinates: -84.203602, 33.731729
- Parcel Number: 15 161 02 001
- Tax Year: 2023
- Master Association Fee: $.00
- HOA Rent Restrictions: No
- Association: No
- Block: 0
- Tax Legal Description: Book Number 13211 Page Number 596
- Tax Lot: 0
- School Bus Route Elem: No
- School Bus Route High: No
- School Bus Route Middle: No
- Elementary School: Canby Lane
- High School: Towers
- Middle School: Mary McLeod Bethune
- Cooling: Central Air
- Heating: Central
- Appliances: Dishwasher, Gas Water Heater, Microwave, Refrigerator
- Basement: Partial, Unfinished
- Fireplace Features: Basement, Brick
- # of Fireplaces: 0
- Flooring: Carpet, Ceramic Tile, Hardwood
- Interior Features: Entrance Foyer, High Speed Internet, Other
- Levels/Stories: One and One Half
- Other Equipment: None
- Window Features: None
- Bedroom Features: None
- Diningroom Features: None
- Kitchen Features: Breakfast Room, Country Kitchen
- Master Bathroom Features: None
- Foundation: Slab
- Main Bedrooms: 3
- Total Half Baths: 0
- Bathrooms Total Interger: 2
- Main Full Baths: 2
- Additional Rooms: Family Room, Laundry
- Bathrooms Total Decimal: 2.00
- Accessibility Features: None
- Construction Materials: Brick, Cedar, Wood Siding
- Dock: None
- Fencing: Back Yard
- Horse Amenities: None
- Patio And Porch Features: None
- Pool Features: None
- Road Surface Type: Asphalt
- Roof Type: Composition
- Security Features: None
- Spa Features: None
- Laundry Features: Common Area, Laundry Room
- Pool Private: No
- Road Frontage Type: Highway
- Other Structures: None
- Sewer: Septic Tank
- Utilities: Cable Available,Electricity Available,Natural Gas Available
- Water Source: Public
- Electric: 220 Volts
- FHA Condo Approval: No
- Home Warranty: No
- Proposed Financing: Cash, Conventional, FHA, VA Loan
- Plat Book: 0
- Plat Page: 0
- Property Condition: Resale
- Representative of Property: No
- Possession: Close Of Escrow
- Green Energy Efficient: None
- Green Energy Generation: None
- Section/GMD: 0
- Above Grade Finished Area: 1891.0
- Below Grade Finished Area: 0.0
- SqFt Source: Public Records
- Square Footage: 2191.0
- Common Walls: No Common Walls
- Land lot: 0
- Lot Features: Wooded
- Acreage Source: Assessor
- Below Grade Unfinished Area: 300.0
- Waterfront Footage: 0.0
- # Of Units In Community: 0
- Number of Units To Be Built: 0
- Swim/Tennis Fee: $0
- Land Lease: No
- Occupant Types: Owner
Public Records for 5169 Covington Highway
Schools near 5169 Covington Highway
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Charter - | K to 8 |
Rating | School | Distance |
|---|---|---|
Canby Lane Elementary School PublicPK to 5 | ||
Mary Mcleod Bethune Middle School Public6 to 8 | ||
Towers High School Public9 to 12 | ||
Dekalb Preparatory Academy Charter CharterK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Keller Williams Realty Atl Partners, KIMBERLY D BRANCH; Keller Williams Realty Atl Partners, ERIC RENDER
Based on information from one of the following Multiple Listing Services:FMLS,FMLS_CS,GAMLS,Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS.Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by FMLS,FMLS_CS,GAMLS, Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.
