This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/51
$869,500 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/51
Property Description
Unlock the potential of this rare income-producing property featuring a triplex on two acres, tucked away in a peaceful, private setting just minutes from town. Whether you're looking to expand your investment portfolio, offset your mortgage by living in one home while renting the others, or create a multi-generational living opportunity, this property offers exceptional flexibility. The property has a proven history of consistent rental income and includes: 105 Covey Road - A charming 1-bedroom, 1-bath home currently generating $1,800 per month. 111 Covey Road - A 2-bedroom, 1-bath home with projected rental income of $2,175 per month, currently vacant and ready for a new tenant or owner occupancy. 115 Covey Road - A spacious 3-bedroom, 2-bath home currently leased for $2,500 per month. All three residences are in good condition, offering immediate income potential with minimal upfront work. The current rental configuration produces strong cash flow while still providing the flexibility to occupy the vacant home yourself, making it an ideal opportunity for both investors and owner-occupants. Properties like this are difficult to find with a private setting, multiple income streams, and the versatility to fit a variety of investment strategies. Whether you're seeking dependable passive income or a property that helps pay for itself, this is an opportunity you won't want to miss.
Full Property Details
Full Property Details for 111 Covey Rd
General
- Price: $869,500
- Status: Active
- Type: Single Family
- Source: METROLIST_Cali
- MLS ID: 226083309
- Updated: 7/2/2026
- Added to Site: 3 day(s) ago
Interior
- Flooring: Carpet, Linoleum
Rooms
Other Rooms
- Laundry: Varies by Unit
Parking
- Total Spaces: 6
- Parking: Off-Street Parking
Location
- Area: 12301
- County: Placer
- Cross Streets: Lincoln Way
- Driving Directions: 80, Bowman Exit, Left On Lincoln Way To Covey To Property.
School Information
- School District: Placer
- Elem School District: Ackerman Elementary
- Midd School District: Ackerman Elementary
- High School District: Placer Union High
Heating & Cooling
- Cooling Type: Central
- Heating Type: Central
Utilities
- Sewer: Septic System
- Water: Public
- Utility Description: Electric
Structural Information
- Construction: Wood
- Foundation: Raised
- Roof: Composition
- Stories/Levels: 1
- Square Feet: 2,859
- Sq. Ft. Source: Assessor Auto-Fill
- Year Built: 1963
Unit Information
Unit 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 2.1
- Lot Size (Sq. Ft.): 91,476
- Irrigation System: None
- Topography: Rolling
- Zoning: Res
- Lot Description: Private
Disclosures and Reports
- Special Conditions: None
- APN: 053-050-017-000
Listed by Century 21 Cornerstone Realty
Get Pre-Approved Today
Schools
Schools serving 111 Covey Rd
School Districts:Ackerman Elementary School District, Placer Union High School District
| Name | Grades | Distance |
|---|---|---|
Bowman Charter School 13777 Bowman Road, Auburn, CA 95603 | K-8 | 0.4 mi |
Placer High School 275 Orange Street, Auburn, CA 95603 | 9-12 | 3.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 111 Covey Rd
Date
Details
Price
Change
Source
7/01/2026
Listed
$869,500
1853.93%
MLS
9/23/2015
Sold
$44,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 111 Covey Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,198
1%
$309,823
2%
2023
$3,173
—
$303,749
2%
2023
$3,173
1%
$297,794
2%
2022
$3,157
4%
$291,955
2%
2021
$3,044
1%
$286,232
1%
2020
$3,022
2%
$283,298
2%
2019
$2,967
6%
$277,744
2%
2018
$2,806
2%
$272,299
2%
2017
$2,756
2%
$266,960
2%
2016
$2,698
-1%
$261,726
-5%
2015
$2,736
2%
$274,943
2%
2014
$2,693
—
$269,558
—
2013
$2,703
—
$268,341
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 111 Covey Rd
111 Covey Road, Auburn, CA 95603 (MLS# 226083309) is a Single Family property with 0 bedrooms and 0 full bathrooms. 111 Covey Road is currently listed for $869,500 and was received on July 01, 2026. Want to learn more about 111 Covey Road? Do you have questions about finding other Single Family real estate for sale in Auburn? You can browse all Auburn real estate or contact a Coldwell Banker agent to request more information.

