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5-Unit Apartment Building
New
For Sale
$299,000

1213 Lee Street, Covington, KY 41011

Five one-bedroom residences are currently vacant, with no leases in place.

Property SizeContact for details
Days on Market4

Property Features for 1213 Lee Street

General Information

Standard status Active
Property subtype Apartment

Units

Unit Mix 5 x 1BR/1BA
Multifamily Units 5

Building Details

Buildings 1
Listing Agency: Keller Williams Advisors
Listed By: Daniel Collins
Source: Mattbryant.kw
Added: Nov 3 Changed: Nov 4 Last Checked: Nov 6 at 5:23AM

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 Keller Williams Advisors

Rey
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Investment Insights

Based on property information with market context.

The property contains five apartments, each configured with one bedroom and one bathroom. All units are vacant, and there are no active leases, leaving the building without current occupants.

At 1213 Lee Street in Covington, the building is described as being in the historic Seminary Square area. Downtown Covington, Cincinnati, restaurants, shopping, and entertainment are all noted as a short distance away.

Key Highlights

  • Five apartment units, each with one bedroom and one bathroom
  • All five units are vacant, with no existing leases
  • Located in Covington’s historic Seminary Square area

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

1,599
Businesses Nearby

Demographics for 41011, KY

26,470
Population
14,490
Households
1.8
Avg Household Size
37
Median Age
44%
College-Educated
89%
High-School Grad
7.0 sq mi
ZIP Area
3,781
Density / Sq Mi
$67,075
Median Household Income
$47,192
Median Earnings
$1,011
Median Rent
$269,400
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

Frequently Asked Questions

What type of property is this?
Apartment building - Five one-bedroom residences are currently vacant, with no leases in place.
Where is this apartment building located?
The property is located at 1213 Lee Street Covington, KY.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Five apartment units, each with one bedroom and one bathroom; All five units are vacant, with no existing leases; Located in Covington’s historic Seminary Square area
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