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Four-Unit Residential Property
For Sale
$380,000

101 E 43rd Street, Covington, KY 41015

Four two-bedroom apartments include two vacancies, one recently updated interior, and central air installed approximately one year ago.

Property SizeContact for details
Days on Market9

Property Features for 101 E 43rd Street

General Information

Standard status Active
Property subtype Residential Income

Units

Unit Mix 4 x 2BR/1BA
Multifamily Units 4
Listing Agency: Lohmiller Real Estate
Listed By: Bridget Erna · License #222718
Source: Exprealty
Added: Sep 28 Changed: Oct 4 Last Checked: Oct 5 at 10:54PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lohmiller Real Estate

Investment Insights

Based on property information with market context.

This four-unit residential property contains four apartments, each with two bedrooms and one full bathroom. One unit has been updated and is vacant; another was renovated a few years ago and is occupied. A third apartment has a tenant with more than 15 years of tenure, while the fourth is vacant and has been cleared for rehabilitation. Central air units across the property are approximately one year old.

Residents pay their own electric service. The property is located at 101 E 43rd Street in Covington, Kentucky.

Key Highlights

  • Four apartments, each with 2 bedrooms and 1 full bath
  • Two vacant units: one updated and one cleared for rehabilitation
  • One apartment was renovated a few years ago and is currently occupied

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

514
Businesses Nearby

Demographics for 41015, KY

21,599
Population
9,135
Households
2.4
Avg Household Size
39
Median Age
30%
College-Educated
90%
High-School Grad
25.4 sq mi
ZIP Area
850
Density / Sq Mi
$63,783
Median Household Income
$44,740
Median Earnings
$857
Median Rent
$176,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four two-bedroom apartments include two vacancies, one recently updated interior, and central air installed approximately one year ago.
Where is this quadplex located?
The property is located at 101 E 43rd Street Covington, KY.
What is the asking price?
The asking price for this property is $380,000.
What are key features of this property?
This property features: Four apartments, each with 2 bedrooms and 1 full bath; Two vacant units: one updated and one cleared for rehabilitation; One apartment was renovated a few years ago and is currently occupied
More about this property
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