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    138-142 W Pike St Covington, KY 41011

    New
    For Sale
    $875,000

    MULTI_FAMILY - Covington, KY

    Property size:
    6,000 SF
    Lot size:
    0.07 Acres
    Days on Market:
    6
    Last Refresh:
    Dec 13 at 1:06 pm

    Property Features for 138-142 W Pike St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Window features
    Vinyl Frames
    Rooms
    Bedroom 3, Bathroom 5, Bathroom 3, Bedroom 1, Basement, Bathroom 4, Bathroom 1, Bathroom 2, Bedroom 4, Bedroom 2
    Bedrooms
    4
    Bathrooms
    4
    APN
    054-21-19-008.00
    Parking
    2
    Parking features
    Garage
    Interior features
    Storage, Pocket Door(s), Walk-In Closet(s), Pantry, Open Floorplan, Granite Counters
    Basement
    Partial
    Appliances
    Washer/Dryer Stacked, Electric Range, Stainless Steel Appliance(s), Convection Oven, Dishwasher, Microwave, Refrigerator
    Size
    6,000 SF
    Lot size
    0.07 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Floors in Building
    2
    Number of units
    4
    Building materials
    Brick
    Additional Structures
    Storage

    Comey & Shepherd, REALTORS

    Listing agent Haley Runion (859) 415-2556 License #293950

    Listing date Dec 8, 2025

    MLS# 636482 Listing URL

    Copyright © 2025 Northern Kentucky MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Mixed-Use Building in Covington

    This historic mixed-use building in Covington, Kentucky, combines charm, income, and a desirable location. The property is currently fully leased, presenting an opportunity for commercial investors or work/live entrepreneurs. The main level, accessible from W. Pike St., features over 2,500 square feet and includes two storefront entrances shared by three local businesses. Residential tenants access their second-level condo from Russell St., which includes two private parking garages and over 2,500 square feet of living space, featuring four bedrooms and three full baths. The building has been previously approved for short term rental license. Situated on a lot of 0.07 acres, the property benefits from high foot traffic and visibility, with over 7,500 cars passing by each day. The total building size is approximately 6,000 square feet. Located steps away from Covington's main attractions, including Hotel Covington, Braxton Brewery, and Mainstrasse Village, this low-maintenance, cash-flowing property offers a great investment opportunity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Covington
    County
    Kenton
    State
    Kentucky
    Longitude
    -84.512934
    Latitude
    39.082942

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    FAQs

    What type of property is this?
    Mixed-use property - Charming, fully leased mixed-use property near Covington's attractions.
    Where is this mixed-use property located?
    The property is located at 138-142 W Pike St Covington, KY.
    What is the asking price?
    The asking price for this property is $875,000.
    What are key features of this property?
    This property features: - Fully leased mixed-use building providing immediate income.; - Prime location near Covington's main attractions.; - Large residential condo (2,500+ sq ft) with 4 bedrooms and 3 full baths.
    (859) 415-2556
    Request Owner's contact information
    138-142 W Pike St Covington, KY 41011
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    138-142 W Pike St Covington, KY 41011
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