$745,500
Original price: $869,500
- 3 Beds
- 2 Baths
- 2,859 sqft (on 2.10 acres)
111 Covey Rd, Auburn, CA 95603
Est. Mortgage $4,537/mo*
Get Pre-QualifiedHome Highlights
Single-Family Home
Built in 1963
2.1 acre lot
$261/sqft
4 Open Spaces
Local Information
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About this House
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.
Last check for updates: about 3 hours ago
Listing courtesy of Eric Hatch DRE #01180864, (530) 277-3489
Century 21 Cornerstone Realty
Originating MLS: MetroList Services, Inc.
Source: MetroList Services of CA, MLS#226082733
Home Details for 111 Covey Rd
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MLS Status: Active |
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Interior Details Number of Rooms: 2Types of Rooms: Dining Room, Kitchen |
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Dimensions and Layout Living Area: 2859 Square Feet |
Appliances & Utilities Utilities: Propane Tank LeasedAppliances: Built-In Electric Range, Free-Standing RefrigeratorLaundry: Inside |
Heating & Cooling Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central |
Fireplace & Spa Number of Fireplaces: 1Fireplace: Family RoomHas a Fireplace |
Gas & Electric Electric: 220 Volts |
Windows, Doors, Floors & Walls Flooring: Carpet, Linoleum, Vinyl |
Levels, Entrance, & Accessibility Floors: Carpet, Linoleum, Vinyl |
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Exterior Home Features Roof: CompositionOther Structures: WorkshopFoundation: Raised, Slab |
Parking & Garage Open Parking Spaces: 4No CarportNo Attached GarageHas Open ParkingParking Spaces: 4Parking: Uncovered Parking Space,Uncovered Parking Spaces 2+ |
Frontage Responsible for Road Maintenance: Public Maintained RoadRoad Surface Type: Asphalt |
Water & Sewer Sewer: Septic System |
Farm & Range Horse Amenities: Hay StorageAllowed to Raise Horses |
Surface & Elevation Topography: Rolling, Rolling |
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Days on Market: 67 |
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Year Built Year Built: 1963 |
Property Type / Style Property Type: ResidentialProperty Subtype: Multi Family, Single Family ResidenceArchitecture: Ranch,Contemporary |
Building Construction Materials: Frame, WoodNot Attached Property |
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Price List Price: $745,500Price Per Sqft: $261 |
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Direction & Address City: Auburn |
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Listing Agent Listing ID: 226082733 |
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Association for this Listing: MetroList Services, Inc.HOA Fee: No HOA Fee |
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Lot Area: 2.1 Acres |
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Special Conditions: Standard |
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Mobile Home Park Mobile Home Units: Feet |
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Mls Number: 226082733 |
Around this home
What Locals Say about Auburn
At least 219 Trulia users voted on each feature.
90 % Say it's dog friendly
89 % Say car is needed
87 % Say parking is easy
79 % Say yards are well-kept
74 % Say there's holiday spirit
67 % Say there's wildlife
67 % Say people would walk alone at night
63 % Say it's quiet
63 % Say kids play outside
59 % Say neighbors are friendly
59 % Say they plan to stay for at least 5 years
56 % Say there are sidewalks
55 % Say it's walkable to restaurants
48 % Say it's walkable to grocery stores
45 % Say streets are well-lit
45 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
Market trends in Auburn
Last updated July 2026
Avg. sale price
$650K
$39.67KMoM
Sale-to-List Price
99.3%
0.1%MoM
Price per sq ft
$347
$15MoM
Available listings
222
1MoM
Home Value
Trulia Estimate
$727KSince last month
Decreased$120K (-14.1%)Since last year
Increased$200K (+37.8%)Since last sale
Increased$683K (+1,534.6%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +42% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $727K |
| August 2026 | $763K |
| July 2026 | $847K |
| June 2026 | $548K |
| May 2026 | $571K |
| April 2026 | $568K |
| March 2026 | $550K |
| February 2026 | $543K |
| January 2026 | $503K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.19 | Single-Family Home | $415,000 | 08/19/26 | 3 | 2 | 1,872 | |
0.65 | Single-Family Home | $683,000 | 09/01/26 | 3 | 2 | 1,782 | |
0.45 | Single-Family Home | $580,000 | 05/13/26 | 2 | 2 | 1,468 | |
0.42 | Single-Family Home | $905,000 | 09/26/25 | 2 | 4 | 3,733 | |
0.85 | Single-Family Home | $850,000 | 03/25/26 | 3 | 3 | 2,824 | |
0.83 | Single-Family Home | $775,000 | 02/17/26 | 3 | 3 | 2,210 | |
0.48 | Single-Family Home | $580,000 | 07/27/26 | 2 | 2 | 1,048 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.19 | $415,000 | 3 | 2 | 1,872 | Recently Sold | |
0.25 | $530,300 | 3 | 2 | 1,888 | Off Market | |
0.22 | $535,100 | 3 | 2 | 2,162 | Off Market | |
0.22 | $740,500 | 3 | 3 | 1,788 | Off Market | |
0.33 | - | - | - | - | Off Market | |
0.39 | $487,800 | 1 | 1 | 900 | Off Market | |
0.39 | - | - | - | - | Off Market | |
0.38 | $734,800 | 3 | 3 | 1,900 | Off Market | |
0.45 | $580,000 | 2 | 2 | 1,468 | Recently Sold | |
0.42 | $928,700 | 2 | 3 | 3,733 | Off Market | |
0.48 | $580,000 | 2 | 2 | 1,048 | Recently Sold |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 5, 2026 Source: MetroList Services of CA #226082733 | PriceChange | $745,500 Price decreased by 14% |
Aug 31, 2026 Source: MetroList Services of CA #226082733 | PriceChange | $869,500 Price increased by 43,397% |
Aug 29, 2026 Source: Zillow Rentals | ListingRemoved | $1,999 |
Aug 20, 2026 Source: Zillow Rentals | Listed For Rent | $1,999 |
Aug 18, 2026 Source: MetroList Services of CA #226083309 | PriceChange | $799,500 Price decreased by 8% |
Jul 1, 2026 Source: MetroList Services of CA #226082733 | Listed For Sale | $869,500 |
Jun 22, 2026 Source: Zillow Rentals | ListingRemoved | $2,175 |
Jun 19, 2026 Source: Zillow Rentals | Listed For Rent | $2,175 |
Sep 27, 2023 Source: Zillow Rentals | ListingRemoved | |
Sep 26, 2023 Source: Zillow Rentals | PriceChange | $1,995 Price increased by 5% |
Sep 18, 2023 Source: Zillow Rentals | PriceChange | $1,895 Price decreased by 5% |
Sep 5, 2023 Source: Zillow Rentals | Listed For Rent | $1,995 |
Sep 25, 2015 Source: N/A | Sold | $44,500 |
May 3, 2000 Source: N/A | Sold | $230,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2026 | Unavailable | $316,019 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Eric Hatch, Century 21 Cornerstone Realty
Agent Phone: (530) 277-3489
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Frequently asked questions about 111 Covey Rd
- What is the estimated monthly payment for 111 Covey Rd?Based on a $745,500 list price with 20% down at today's rates, the estimated monthly payment for 111 Covey Rd in Auburn, CA is approximately $4,641 (about $3,901 principal & interest, $665 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 111 Covey Rd compare to homes in Auburn?111 Covey Rd in Auburn, CA is listed at $745,500, about 15% above the $650K median sale price in Auburn.
- What do residents say about Auburn?Residents describe Auburn, CA as dog-friendly, easy to park in, and well-kept. Most residents say you need a car. See homes for sale in Auburn, CA.
- What are the closest schools to 111 Covey Rd?The closest schools to 111 Covey Rd in Auburn, CA are Bowman Charter School (Elementary/Middle, rated 6/10), Placer High School (rated 8/10).
- Does 111 Covey Rd have air conditioning?Yes, 111 Covey Rd in Auburn, CA has air conditioning.
- Does 111 Covey Rd have laundry facilities?Yes, 111 Covey Rd in Auburn, CA has laundry facilities.
111 Covey Rd, Auburn, CA 95603 is a 3 bedroom, 2 bathroom, 2,859 sqft single-family home built in 1963. This property is currently available for sale and was listed by MetroList Services of CA on Jul 1, 2026. The MLS # for this home is MLS# 226082733.

