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    Covington, KY
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    Covington, KY Apartment Buildings for Sale

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    Six-Unit Apartment Building
    Updated: Jun 9
    Six-Unit Apartment Building

    716 Lewis Street, Covington, KY 41011

    $490,000
    5,060 sqft
    Six‑unit apartment building with 5,060 square feet
    Currently rented with approximately 8.8 percent Cap Rate
    Off‑street parking for tenants and guests
    Approximately 1,000 feet from Interstate 75
    Some units have been updated
    View details
    6-Unit Renovated Apartment Buildings
    Updated: Apr 11
    6-Unit Renovated Apartment Buildings

    701 W Pike St, Covington, KY 41011

    Contact for pricing
    6‑unit multifamily property at 701 W Pike St, Covington, KY 41011
    Two apartment buildings renovated in 2022
    Separate utilities and furnaces for the buildings
    Updated kitchens and baths throughout
    Vinyl windows and new water heaters
    View details
    See what stands out in Kenton County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 2 Active listings in Covington, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Historic Six-Unit Apartment Building
    Historic Six-Unit Apartment Building

    414 Clark St, Cincinnati, OH 45203

    $550,000
    6,400 sqft

    Limestone construction, separate HVAC systems, and a newer roof support the existing apartment layout.

    View details
    Corner Retail with Residential Units
    Corner Retail with Residential Units

    1101 Isabella St, Newport, KY 41071

    $599,000
    3,930 sqft

    Historic corner property combining a rented storefront and multiple apartments for steady, mixed-use income.

    View details
    Fully Occupied Mixed-Use Property
    Fully Occupied Mixed-Use Property

    12 & 14 W Court St, Cincinnati, OH 45202

    Contact for pricing
    12,064 sqft

    A fully occupied 15-unit mixed-use building with 13 apartments and 2 commercial spaces, with Gold LEED certification.

    View details
    Mixed-Use Building with Retail
    Mixed-Use Building with Retail

    736-738 Monmouth Street, Newport, KY 41071

    Contact for pricing

    Ground-floor storefronts and upper-level residential space are complemented by an open penthouse floor.

    View details

    Off-Market Properties in Covington, KY

    Consider similar Off-Market properties in Covington, KY. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    980 Emery Dr, Unit 1030
    APARTMENT HOUSE (5+ UNITS)

    980 Emery Dr, Covington, KY 41011-4069

    Unit 1030
    $380,000
    Estimated value
    3,257 sqft 8.33 AC lot
    View details
    2530 Chelsea Dr
    APARTMENT HOUSE (5+ UNITS)

    2530 Chelsea Dr, Ft Mitchell, KY 41017-1700

    $345,000
    Estimated value
    30.11 AC lot
    View details
    32 Orphanage Rd, Unit 36
    APARTMENT HOUSE (5+ UNITS)

    32 Orphanage Rd, Ft Wright, KY 41017-3048

    Unit 36
    $1,510,000
    Estimated value
    9,072 sqft 0.75 AC lot
    View details
    49 Burdsall Ave
    APARTMENT HOUSE (5+ UNITS)

    49 Burdsall Ave, Ft Wright, KY 41017-2820

    $265,000
    Estimated value
    3,456 sqft 0.33 AC lot
    View details
    1710 Eastern Ave, Unit 12
    APARTMENT HOUSE (5+ UNITS)

    1710 Eastern Ave, Covington, KY 41014-1468

    Unit 12
    $265,000
    Estimated value
    0.24 AC lot
    View details
    412 45th St
    APARTMENT HOUSE (5+ UNITS)

    412 45th St, Covington, KY 41015-1888

    $50,000
    Estimated value
    4,095 sqft 0.16 AC lot
    View details
    57 Wallace Ave
    APARTMENT HOUSE (5+ UNITS)

    57 Wallace Ave, Covington, KY 41014-1246

    $115,000
    Estimated value
    0.20 AC lot
    View details
    111 Wallace Ave
    APARTMENT HOUSE (5+ UNITS)

    111 Wallace Ave, Covington, KY 41014-5168

    $275,000
    Estimated value
    0.60 AC lot
    View details
    17 Wallace Ave
    APARTMENT HOUSE (5+ UNITS)

    17 Wallace Ave, Covington, KY 41014-5103

    $255,000
    Estimated value
    2,915 sqft 0.19 AC lot
    View details
    1811 Pearl St, Unit 13
    APARTMENT HOUSE (5+ UNITS)

    1811 Pearl St, Covington, KY 41014-1211

    Unit 13
    $285,000
    Estimated value
    3,886 sqft 0.07 AC lot
    View details
    727 Bakewell St
    APARTMENT HOUSE (5+ UNITS)

    727 Bakewell St, Covington, KY 41011-1201

    $265,000
    Estimated value
    0.04 AC lot
    View details
    725 Bakewell St
    APARTMENT HOUSE (5+ UNITS)

    725 Bakewell St, Covington, KY 41011-1219

    $270,000
    Estimated value
    0.05 AC lot
    View details
    723 Bakewell St
    APARTMENT HOUSE (5+ UNITS)

    723 Bakewell St, Covington, KY 41011-1211

    $265,000
    Estimated value
    0.05 AC lot
    View details
    1623 Saint Anthony Dr
    APARTMENT HOUSE (5+ UNITS)

    1623 Saint Anthony Dr, Covington, KY 41011-3763

    $280,000
    Estimated value
    3,240 sqft 0.10 AC lot
    View details
    8 16th St, Unit 14
    APARTMENT HOUSE (5+ UNITS)

    8 16th St, Covington, KY 41011-3306

    Unit 14
    $270,000
    Estimated value
    0.11 AC lot
    View details
    109th Wrights Pt Dr
    APARTMENT HOUSE (5+ UNITS)

    109th Wrights Pt Dr, Covington, KY 41011-3792

    $405,000
    Estimated value
    11.50 AC lot
    View details
    60-62 Woodlawn Ave
    APARTMENT HOUSE (5+ UNITS)

    60-62 Woodlawn Ave, Ft Wright, KY 41017

    $285,000
    Estimated value
    5,702 sqft 0.46 AC lot
    View details
    24 10th St
    APARTMENT HOUSE (5+ UNITS)

    24 10th St, Covington, KY 41011-3086

    $170,000
    Estimated value
    2,499 sqft 0.04 AC lot
    View details
    1534 Greenup St
    APARTMENT HOUSE (5+ UNITS)

    1534 Greenup St, Covington, KY 41011-3441

    $540,000
    Estimated value
    5,148 sqft 0.25 AC lot
    View details
    1017 Scott St
    APARTMENT HOUSE (5+ UNITS)

    1017 Scott St, Covington, KY 41011-3152

    $945,000
    Estimated value
    5 sqft 0.04 AC lot
    View details
    1013 Scott St
    APARTMENT HOUSE (5+ UNITS)

    1013 Scott St, Covington, KY 41011-3123

    $945,000
    Estimated value
    5 sqft 0.04 AC lot
    View details
    1019 Scott St
    APARTMENT HOUSE (5+ UNITS)

    1019 Scott St, Covington, KY 41011-4252

    $945,000
    Estimated value
    0.04 AC lot
    View details

    Covington, KY Apartment Buildings Market Trends and Statistics

    Explore 72 apartment buildings for sale in Covington, KY on our real estate platform. These investment opportunities span a total of 5,060 square feet of properties for sale, with an estimated market value of $490,000.

    Sale prices for two-family homes in Covington, KY average $490,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 130K
    Population Growth (5Y) +1.5%
    Median Household Income $76,910
    College Educated 34.8%

    High-Yield Neighborhoods for Investment

    Identify Covington submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    41011 $490K

    Taxes & Financing

    Tax Rate (average for all types) 1.26%
    Property Tax per SF $7.10 per SF
    Tax Rate vs County Average 0.15 pp above county avg
    Average Loan-to-Value 65.0%

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Covington fall within the 10,000 to 25,000 square foot range.

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