150 Stephanie Lane, Covington, GA 30016

$311,500

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$311,500
List Price
$335,000
Closing Date
Apr 30, 2026
MLS#
10693506
Status
CLOSED
Type
Multifamily
Subtype
Multi Family
Lot Size
0.55
Subdivision
Double Gate
Basement
Yes

Property Description

Investors looking to improve their portfolio then this is a no brainer! 10% cap rate at 325k. Month-to-month longterm tenant currently in place (3200/month). Large back yard and opportunity to expand living area in basement. Beautiful neighborhood with homes listed in high 300s to low 400s. Call agent to inquire

Additional Information

Stories
3 or More Stories
Year Built
2002
Fireplaces
1
Parking
Garage
Sewer
Public Sewer
Elementary School
Porterdale
High School
Newton
Acres
0.55
Levels
Three Or More

Listing courtesy of T.E.O. Realty LLC. Selling Office: .

© 2026 Georgia MLS. All rights reserved. Information Deemed Reliable But Not Guaranteed.

How much is your home worth?

...get instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks