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$311,500
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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
Full Property Details
Full Property Details for 150 Stephanie Ln
General
- Sold For: $311,500
- Taxes: $3,849 (24)
- Status: Closed
- Type: Multi-Family
- Source: GAMLS_Atlanta
- MLS ID: 10693506
- Added to Site: 97 day(s) ago
Interior
- Fireplace: Yes
- Number of Fireplaces: 1
Parking
- Parking Features: Garage
Location
- County: Newton
- Driving Directions: GPS
School Information
- Elementary School: Porterdale
- Middle School: Clements
- High School: Newton
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Central Air
- Heating Type: Central, Electric
Utilities
- Water/Sewer: Public Sewer
- Utility Description: Underground Utilities
Structural Information
- Construction Status: Resale
- Basement: Yes
- Basement Desc.: Full, Partially Finished
- Stories/Levels: Three Or More
- Year Built: 2002
Lot Features
- Lot Size (Acres): 0.55
- Lot Size Range: .55
- Lot Size Source: Public Records
Financial Considerations
- Tax Amount: $3,849.05
- Tax Year: 24
Listing Courtesy of: T.E.O. Realty LLC
Sold by Non-Mls Company
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Schools
Schools serving 150 Stephanie Ln
School District:Newton County School District
| Name | Grades | Distance |
|---|---|---|
Porterdale Elementary School 45 Ram Drive, Covington, GA 30014 | PK-5 | 1.8 mi |
Clements Middle School 66 Jack Neely Road, Covington, GA 30016 | 6-8 | 1.6 mi |
Newton High School 1 Ram Way, Covington, GA 30014 | 9-12 | 0.8 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 150 Stephanie Ln
Date
Details
Price
Change
Source
4/30/2026
Sold
$311,500
-7.01%
MLS
2/18/2026
Listed
$335,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
150 Stephanie Lane, Covington, GA 30016 (MLS# 10693506) is a Multi-Family property that was sold at $311,500 on April 30, 2026. Want to learn more about 150 Stephanie Lane? Do you have questions about finding other Multi-Family real estate for sale in Covington? You can browse all Covington real estate or contact a Coldwell Banker agent to request more information.

