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."
- MLS# 10638225
- Date Listed11/03/2025
- Days on Realty 6 Days
- Bedrooms -
- Bathrooms
- Lot Size 0.93 acres (40,511 sq. ft)
- Sewer Public Sewer
- Subdivision Thompson Avenue Townhomes
- Property Type Single Family
- County Newton
- Year Built 1972
- Water Public
Interior Features
- Cooling Central Air, Electric
- Heating Central, Electric, Forced Air
Exterior / Lot Features
- Roof -
- Lot Size Acres 0.93
- Lot Size SQFT 40,510.80
- Lot Features -
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 SW. Turn left onto Thompson Ave SE. Property on left: three all-brick buildings numbered 2133 to 2149.
Financial Considerations
- Tax Amount $6,638
- Terms Cash, Conventional, FHA, VA Loan
Nearby Schools
Source: School Digger
Public • PK - 5 • Serves this home
7.75 mi
Distance
Public • 6 - 8 • Serves this home
2.57 mi
Distance
Public • 9 - 12 • Serves this home
2.58 mi
Distance
Walnut Grove Elementary School
Public • PK - 5
3.34 mi
Distance
Public • PK - 5
4.1 mi
Distance
Middle Ridge Elementary School
Public • PK - 5
4.15 mi
Distance
Public • PK - 5
5.58 mi
Distance
Public • PK - 5
6.32 mi
Distance
Public • PK - 5 • Serves this home
7.75 mi
Distance
Public • PK - 5
7.97 mi
Distance
Public • 6 - 8 • Serves this home
2.57 mi
Distance
Public • 6 - 8
2.59 mi
Distance
Public • 6 - 8
7.27 mi
Distance
Public • 6 - 8
7.58 mi
Distance
Public • 9 - 12 • Serves this home
2.58 mi
Distance
Public • 9 - 12
3.83 mi
Distance
Newton College And Career Academy
Public • 9 - 12
4.1 mi
Distance
Private • PK - 12
0.52 mi
Distance
Private • PK - 12
4.82 mi
Distance
Private • KG - 12
4.84 mi
Distance
Providence Classical Christian School
Private • PK - 12
6.58 mi
Distance
Sales & Tax History
Source: Public Records
| Street Address | Beds | Baths | Sold Date | List Price | Valuation Date | Valuation Price |
|---|---|---|---|---|---|---|
| 5123 Arnold Street | Listing | 3 | 3 | Sep 16, 2025 | $410,000 | Nov 12, 2021 | $425,900 |
| 5117 SWANN Street SW | Listing | 3 | 3 | Sep 16, 2025 | $369,900 | Feb 23, 2024 | $438,017 |
| 5152 Worsham Street NE | Listing | 3 | 3 | Sep 16, 2025 | $348,000 | Jul 23, 2024 | $340,000 |
| 10124 Settlers Grove Road NE | 4 | 3 | Sep 16, 2025 | $230,000 | Nov 09, 2025 | - |
| 6203 Crestview Drive SE | Listing | 6 | 7 | Sep 16, 2025 | $509,900 | Feb 23, 2024 | $583,632 |
| 9235 Plantation Circle | Listing | 5 | 3 | Sep 16, 2025 | $349,400 | Feb 15, 2023 | $459,400 |
| 8184 Plantation Trace | 4 | 5 | Sep 16, 2025 | $375,000 | Nov 09, 2025 | - |
| 5105 Swann Street SW | Listing | 5 | 5 | Sep 16, 2025 | $409,995 | Dec 12, 2022 | $533,300 |
| 4138 Town Branch Court SW | Listing | 4 | 3 | Sep 16, 2025 | $383,900 | Feb 23, 2024 | $595,028 |
| 5293 David Circle SE | 3 | 2 | Sep 16, 2025 | $285,000 | Nov 09, 2025 | - |
Population & Environment
Source: Sperling's Best Places
| Zip | City | County | National | |
|---|---|---|---|---|
| Population | 40,235 | 15,764 | 116,161 | 335,858,263 |
| Population Density | 346 | 991 | 427 | 95 |
| People per Household | 2.7 | 2.6 | 2.9 | 2.6 |
| Median Age | 36.7 | 35 | 36.1 | 39.1 |
| Median Income | $55,392 | $45,954 | $58,268 | $66,222 |
| Average Income | $27,202 | $24,284 | $25,685 | $35,475 |
| Cost of Living Index | 100 | 92 | 104 | 100 |
| Zip | City | County | National | |
|---|---|---|---|---|
| January Avg. High Temp | 31.3°F | 31.3°F | 31.3°F | 22.6°F |
| July Avg. High Temp | 90.6°F | 90.6°F | 90.6°F | 86.2°F |
| Annual Precipitation | 49.1" | 49.1" | 49.1" | 38" |
60/100
Somewhat Walkable
Walk Score ®
40/100
Bikable
Bike Score ®
Overview
Some errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 9/100, Transit Score: 0/100, Bike Score: 18/100.
Property Change History
Points of Interest near 2133 Thompson, Covington, GA 30014
264 ft
Distance
0.26 mi
Distance
0.27 mi
Distance
0.27 mi
Distance
0.28 mi
Distance
0.28 mi
Distance
0.28 mi
Distance
0.27 mi
Distance
0.27 mi
Distance
0.28 mi
Distance
528 ft
Distance
1003 ft
Distance
1003 ft
Distance
0.27 mi
Distance
0.28 mi
Distance
845 ft
Distance
1003 ft
Distance
0.21 mi
Distance
0.23 mi
Distance
0.27 mi
Distance
370 ft
Distance
792 ft
Distance
0.21 mi
Distance
0.24 mi
Distance
0.27 mi
Distance
Similar Priced Comparison
-
New$2,000,000 Activebds • 0 ba • sqft
2133 Thompson Avenue SE
- Unknown size
- Same size
- Same age
Listing by: Shanae Reece - Keller Williams Realty Peachtree Rd. -
$1,500,000 Activebds • 0 ba • 6048 sqft
4128 Hwy 278
- Home larger by 6,048 sqft
- Lot smaller by 35,284 sqft
- Newer by 26 years
Listing by: -
$1,500,000 Activebds • 0 ba • 3145 sqft
6125 Washington Street
- Home larger by 3,145 sqft
- Lot larger by 114,999 sqft
- Newer by 17 years
Listing by: Charles Staples - Lee Staples Realty, Inc. -
$1,500,000 Activebds • 0 ba • sqft
6125 Washington ST SW
- Unknown size
- Lot larger by 114,999 sqft
- Newer by 17 years
Listing by: -
$2,500,000 Activebds • 0 ba • sqft
8193 Monticello ST
- Unknown size
- Lot larger by 787,130 sqft
- Unknown year built
Listing by: -
$1,950,000 Activebds • 0 ba • sqft
0, 184, 230 Marble DR
- Unknown size
- Lot larger by 768,399 sqft
- Unknown year built
Listing by:
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Frequently Asked Questions for 2133 Thompson
Source: Realty.com
2133 Thompson, Covington, GA 30014 is a Single Family, Residential Income property listed for $2,000,000 The property is - sq. ft with - bedrooms and 0 bathrooms
Realty.com has 27 photos of 2133 Thompson.
Our records indicate that 2133 Thompson was built in 1972.
The full address for this home is 2133 Thompson, Covington, GA 30014.
2133 Thompson has been listed on Realty.com since Mon November 03, 2025
Some errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 9/100, Transit Score: 0/100, Bike Score: 18/100.
There are 3 schools assigned to this home. Check out the schools near 2133 Thompson. East Newton Elementary School (Grades: PK - 5), Cousins Middle School (Grades: 6 - 8), Eastside High School (Grades: 9 - 12)
Listing provided courtesy of:
Keller Williams Realty
(tel: 404-419-3500)
Listing agent:
Shanae Reece
(#SR4981)
This content last refreshed on 2025-11-09 16:43:57. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 2133 Thompson, Covington, GA 30014 : MLS# 10638225