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Sold on 03/30/2024

505 Stone St, Covington, GA 30014

  • $238,000

    Last sold 03/30/2024 for $250K

  • —

    bed

  • —

    bath

Multi-family not for sale
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About 505 Stone St

Property type Multi-family
Neighborhood
Year built 1981
HOA fee $0/month
Lot size 0.5 Acre
Movoto estimate
Rental estimate
Property description
Great opportunity. 3/2 one unit and 3/1.5 on the other. Each has attached one car garage. Recent sale in area was 330k w/o garages. Low maintenance all brick construction with metal roof. Area rents should be $1500/unit. Does need TLC, but don't miss out on the deal. Being sold as-is. Preferred closing attorney T. Smith Law in Conyers.
Listed by
Listing Agent - Loren Steele
Listing Office - Virtual Properties Realty.com
Source: FMLS mls logo
MLS#7351695 • last updated 2 years ago
Movoto checked FMLS for data 3 minutes ago
Overview
Cooling/AC Electric
Heating Electric
Levels/Style One
Status Closed
SubType Residential Income
MLS # 7351695
Lot Size (Acres) 0.5
Property Tax $ 1373
Year Built 1981
Property Condition Resale
Interior
Accessibility Features None
Window Features None
Exterior
Exterior Brick 4 Sides
Roof Metal
# Parking Spaces 1
Parking Desc Garage
Lot Desc Other
Amenities / Utilities
Water Source Public
Sewer/ Septic Public Sewer
Green Features: Energy Efficient None
Green Features: Energy Generation None
Location
Body of Water None
View Other
County Newton - GA
Subdivision Cedar Ridge
Community Features None
Elementary School Flint Hill
High School Newton
Middle School Cousins
Directions Please Use GPS
APN 0061B00000130000
Multifamily Details
$238K
Range: $214K-$261K
Last 30 days 
Rental est.: $1,245/month
Gross rent multiplier: 16.7
  • May 2024
    mls logo MLS # 7351695
  • May 1, 2024 Sold
    $250,000
  • Apr 30, 2024 Pending
    —
  • Apr 1, 2024 Active
    —
  • Mar 11, 2024 Listed
    $285,000 (+95.3%)
  • Apr 2024
    Public Records
  • Apr 22, 2024 Sold
    $250,000
  • Apr 2024
    mls logo MLS # 20175013
  • Apr 21, 2024 Sold
    $250,000 (-9.1%)
  • Apr 1, 2024 Under Contract
    —
  • Mar 27, 2024 Price Change
    $275,000 (-3.5%)
  • Mar 12, 2024 Listed
    $285,000
  • Mar 2006
    Public Records
  • Mar 31, 2006 Sold
    $145,900
  • 505 Stone St
    $250K
  • Cedar Ridge
    —
  • 30014
    $385K +1% y/y
  • Covington
    $350K +1% y/y
No chart available
Statistics calculated by Movoto

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4/10
Flint Hill Elementary School
public Grades PK, K-5
Newton County School District
3/10
Cousins Middle School
public Grades 6-8
Newton County School District
4/10
Newton High School
public Grades 9-12
Newton County School District
Source: GreatSchools.org © 2026. All rights reserved.

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  • GA
  • Newton County
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  • 505 Stone St
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