Off Market Dec 2025 for $185K

—

Est. refi paymentEst. refi $1,239/mo

•

3 ba

•

—

sq ft

940 Mote Rd, Covington, GA 30016

About this home

Discover a remarkable investment opportunity on this expansive 2.45-acre property, ideally suited for investors and builders alike. This estate features three income-generating units, providing a steady revenue stream. The highlight is a beautifully remodeled 2-bedroom, 1-bath unit that boasts modern finishes and inviting living spaces. The other two units have been thoughtfully updated, offering half-remodeled spaces filled with potential. Additional value comes from a full basement that presents various possibilities, whether for additional storage or further rental opportunities, maximizing your income potential. The property offers ample space for parking, accommodating multiple cars, trucks, trailers, and more. Recent upgrades include a new roof installed in 2022 and a brand-new water heater, ensuring peace of mind for both you and your tenants. The septic system was serviced in March 2024, adding to the property's appeal. Monthly utilities are attractively low, with water at $100, cable and internet for $90, and electricity averaging $250, all conveniently bundled in the rent. The investment is solid, with a 3-bedroom unit securely leased until January 2026 for $1,400, and a well-appointed 2-bedroom unit with a lease ending the same month at $1,200. The land's versatility allows for a wide array of income-generating possibilities, further enhanced by the full basement that could be rented out to businesses in need of storage space. The seller is motivated and ready to entertain offers. Don’t miss out on the chance to unlock the full potential of this property!

Multi-familyProperty Type

1995Year Built

2.45 acresLot Size

Listed by PIYUSHA ZOPE • Virtual Properties Realty.com

Bought with Sam Garcia • La Roca Realty , LLC.

Source:FMLS #7621702

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 30016, GA

Last updated July 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

98.9%

+0.3% MoM

Median sale price

$294K

$2K MoM

Avg. days on market

55d

4 days MoM

Recently sold homes

212

12 MoM

New listings for sale

NEW 10 HRS AGO
$165,000
3 beds2 baths1,313 sq ft
85 Pleasant Hills Dr, Covington, GA 30016
NEW 14 HRS AGO
$250,000
3 beds1.5 baths1,398 sq ft
25 Mimosa Rd, Covington, GA 30016
NEW 15 HRS AGO
$294,900
3 beds2 baths1,706 sq ft
2305 Village Dr, Covington, GA 30016
NEW 18 HRS AGO
$272,000
3 beds1.5 baths1,922 sq ft
46 Russell Braden Rd, Covington, GA 30016
NEW 18 HRS AGO
$285,000
4 beds2 baths— sq ft
35 Creekview Ct, Covington, GA 30016
$394,900
5 beds3 baths2,691 sq ft
2131 Blackbird Cir, Covington, GA 30016
$314,900
4 beds2 baths1,784 sq ft
435 Butler Bridge Cir, Covington, GA 30016
COMING SOON
$490,000
4 beds4.5 baths4,221 sq ft
12 Dry Pond Rd, Covington, GA 30016
$289,000
3 beds2 baths1,812 sq ft
60 Deep Springs Way, Covington, GA 30016
$244,900
3 beds2 baths1,407 sq ft
205 Willow Shoals Dr, Covington, GA 30016
See all

Provided by Redfin

Sale history for 940 Mote Rd

Date

Event

Price

FMLS #7621702

Dec 29, 2025

Pending

—

Dec 19, 2025

Sold

$185,000

Jul 25, 2025

Listed

$215,000

GAMLS #10571552

Dec 19, 2025

Sold

$185,000

Jul 25, 2025

Listed

$215,000

Discover a remarkable investment opportunity on this expansive 2.45-acre property, ideally suited for investors and builders alike. This estate features three income-generating units, providing a steady revenue stream. The highlight is a beautifully remodeled 2-bedroom, 1-bath unit that boasts modern finishes and inviting living spaces. The other two units have been thoughtfully updated, offering half-remodeled spaces filled with potential. Additional value comes from a full basement that presents various possibilities, whether for additional storage or further rental opportunities, maximizing your income potential. The property offers ample space for parking, accommodating multiple cars, trucks, trailers, and more. Recent upgrades include a new roof installed in 2022 and a brand-new water heater, ensuring peace of mind for both you and your tenants. The septic system was serviced in March 2024, adding to the property's appeal. Monthly utilities are attractively low, with water at $100, cable and internet for $90, and electricity averaging $250, all conveniently bundled in the rent. The investment is solid, with a 3-bedroom unit securely leased until January 2026 for $1,400, and a well-appointed 2-bedroom unit with a lease ending the same month at $1,200. The land's versatility allows for a wide array of income-generating possibilities, further enhanced by the full basement that could be rented out to businesses in need of storage space. The seller is motivated and ready to entertain offers. Don't miss out on the chance to unlock the full potential of this property!

FMLS #7400782

Nov 30, 2024

Listing Removed

—

Nov 20, 2024

Relisted

—

Nov 15, 2024

Pending

—

Nov 11, 2024

Contingent

—

Oct 1, 2024

Price Changed

$228,000

Jun 18, 2024

Price Changed

$235,000

Jun 8, 2024

Listed

$250,000

GAMLS #10315569

Nov 30, 2024

Listing Removed

—

Oct 1, 2024

Price Changed

$228,000

Jun 18, 2024

Price Changed

$235,000

Jun 8, 2024

Listed

$250,000

Public Records

Dec 9, 2022

Sold

$238,000

Public Records

Aug 21, 1995

Sold

$68,000

Year

Property tax

Land + Additions

Assessment*

2025

$1,461 (+119.5%)

$14,000 + $44,520

$58,520

2024

$665 (+8.3%)

$14,000 + $44,520

$58,520

2023

$615 (+80.9%)

$11,520 + $12,740

$24,260

2022

$340 (−10.5%)

$8,400 + $4,120

$12,520

2021

$380 (−0.2%)

$8,400 + $4,120

$12,520

2020

$380 (−1.5%)

$7,200 + $4,120

$11,320

2019

$386 (−0.6%)

$7,200 + $4,120

$11,320

2018

$389 (+31.6%)

$7,200 + $4,120

$11,320

2017

$295

$4,480 + $4,120

$8,600

2016

$295 (+21.4%)

$4,480 + $4,120

$8,600

2014

$243 (−5.3%)

$3,000 + $4,120

$7,120

2013

$257 (−44.0%)

$3,000 + $4,120

$7,120

2012

$458 (+2.2%)

2011

$448 (+0.2%)

2010

$447 (+9.4%)

2008

$409

Tax history for 940 Mote Rd

Year

Property tax

Land + Additions

Assessment*

2025

$1,461 (+119.5%)

$14,000 + $44,520

$58,520

2024

$665 (+8.3%)

$14,000 + $44,520

$58,520

2023

$615 (+80.9%)

$11,520 + $12,740

$24,260

2022

$340 (−10.5%)

$8,400 + $4,120

$12,520

2021

$380 (−0.2%)

$8,400 + $4,120

$12,520

2020

$380 (−1.5%)

$7,200 + $4,120

$11,320

2019

$386 (−0.6%)

$7,200 + $4,120

$11,320

2018

$389 (+31.6%)

$7,200 + $4,120

$11,320

2017

$295

$4,480 + $4,120

$8,600

2016

$295 (+21.4%)

$4,480 + $4,120

$8,600

2014

$243 (−5.3%)

$3,000 + $4,120

$7,120

2013

$257 (−44.0%)

$3,000 + $4,120

$7,120

2012

$458 (+2.2%)

2011

$448 (+0.2%)

2010

$447 (+9.4%)

2008

$409

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

—

Baths

Stories

—

Lot width

—

Lot depth

—

Lot size

2.45 Acres

Year renovated

1989

Sq. Ft.

2,048

Year built

1975

Style

Single Family Residential

County

Newton County

APN

0047A00000030000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 15, 2026.

R-2

Single-Family Residential District

The R2 Single-Family Residential District is mainly comprised of medium density single- family subdivision development, including diverse types of single-family dwellings, and smaller dwelling units, where surrounding land uses are compatible with high density development and such development would not have an adverse impact on the surrounding areas. Appropriate areas should have adequate public facilities including significant community or public water and/or sewer systems. Since lot requirements are reduced and density is increased, it is critical that all factors relating to drainage, topography, and other environmental factors be examined carefully to ensure suitability.

Permitted uses

Include but are not limited to:

Housing-Group
Housing-Single unit
Cemetery
Park & open space

Property details

Parking

Parking Information
Parking Features: Driveway
Open Parking: Yes

Interior

Virtual Tour

Interior Features
Flooring: Laminate, Vinyl

Exterior

Property Information
Levels: One
Construction Materials: Block, Frame
Roof: Metal, Shingle
Property Condition: Resale

Lot Information
TaxLegalDescription: 2.45AC MOTE RD

Financial

Financial Information
Buyer Financing: Conventional

Utilities

Utility Information
Cooling: Window Unit(s)
Heating: Other
Water Source: Public
Sewer: Public Sewer
Utilities: Cable Available, Electricity Available, Sewer Available, Water Available

Location

Unit 1 Information
# of Beds Total: 1
# of Baths Total: 1
Occupant Information: Vacant
Features: Hardwood Floors, Range/Oven
Electric Included: Yes
Garbage Included: No
Gas Included: No
Water Included: Yes
Maintenance Included: No

Unit 2 Information
# of Beds Total: 2
# of Baths Total: 1
Actual Rent: $1,200
Occupant Information: Tenant Occupies
Features: Hardwood Floors, Range/Oven
Electric Included: Yes
Garbage Included: No
Gas Included: No
Water Included: Yes
Maintenance Included: No

Unit 3 Information
# of Beds Total: 3
# of Baths Total: 1
Actual Rent: $1,400
Occupant Information: Tenant Occupies
Features: Hardwood Floors, Range/Oven, Wash/Dry Connect, Other
Electric Included: Yes
Garbage Included: No
Gas Included: No
Water Included: Yes
Maintenance Included: No

Multi-Family Information
# Of Units Total: 3

School Information
Elementary School: Newton - Other
Middle Or Junior School: Newton - Other
High School: Newton - Other

Location Information
Directions: Please use GPS

Public facts

Beds: —
Baths: 1.0
Sq. Ft.: 2,048
Stories: —
Lot Size: 2.45 acres
Style: Single Family Residential
Year Built: 1975
Year Renovated: 1989
County: Newton County
APN: 0047A00000030000

Home facts updated by county records on Jul 15, 2026

Around this home

Schools

Livingston Elementary School

Public PreK-5 • Assigned • 2.2mi

3/10

Liberty Middle School

Public 6-8 • Assigned • 2.6mi

3/10

Alcovy High School

Public 9-12 • Assigned • 6.7mi

1/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

6/10 Heat Factor

7 days above 107° expected this year, 17 days in 30 years

6/10 Wind Factor

27% chance of strong winds in next 30 years

4/10 Air Factor

5 unhealthy days expected this year, 6 days in 30 years

Provided by First Street

Historical weather

Covington, GA • 30016

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.3 hours in June and 4.6 hours in December, which is comparable to the U.S. average for solar exposure.

9.3 hrs

4.6 hrs

JuneDecember

Provided by Shadowmap

Sell confidently with a local market expert in Covington. 3 minutes to get started.

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Home values near 940 Mote Rd

Data from public records.

Address	Redfin Estimate
1000 Mote Rd, Covington, GA - Beds \| 2 Baths \| 1954 Sq. Ft.	$201,271
925 Mote Rd, Covington, GA 3 Beds \| 2 Baths \| 1492 Sq. Ft.	$201,080

Address	Redfin Estimate
935 Mote Rd, Covington, GA - Beds \| 4.5 Baths \| 6769 Sq. Ft.	$645,916
755 Mote Rd, Covington, GA - Beds \| 1.5 Baths \| 1150 Sq. Ft.	$58,757

Address	Redfin Estimate
615 Mote Rd, Covington, GA - Beds \| 1 Baths \| 1515 Sq. Ft.	$166,065
1200 Mote Rd, Covington, GA 3 Beds \| 2 Baths \| 1440 Sq. Ft.	$246,392

Property information provided by FMLS when last listed in 2025. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 30016, GA

Sale history for 940 Mote Rd

Tax history for 940 Mote Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 30016

Home values near 940 Mote Rd

More real estate resources