Mixed-Use Property
New
For Sale
$849,900
1255 Parkway Avenue, Covington, KY 41011
Multi-property offering combines residential units, storefront space, a bar, ballroom, and detached garage.
Property SizeContact for details
Days on Market3
Property Features for 1255 Parkway Avenue
General Information
Standard status
Active
Property subtype
Commercial
Units
Unit Mix
1 x 3BR/2BA, 2 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units
4
Additional Details
Corner Location
Yes
Building Details
Year Built
1876
Tenancy
Multi
Listing Agency:
ERA Real Solutions Realty
Listed By:
Karen Jackson · License #429577970
(859) 802-5651
Source:
Searchnorthernkentucky
Added: Sep 9
Last Checked: Sep 11 at 5:01AM
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 ERA Real Solutions Realty
Investment Insights
Based on property information with market context.
This mixed-use package, built in 1876, includes a three-bedroom, two-bath house, three rental units, a detached garage, storefront space, and a bar with two bathrooms. The rental component consists of two one-bedroom, one-bath units and one two-bedroom, one-bath unit. A ballroom occupies the level above the bar and retains original 1920s light fixtures.
The offering includes 399 Altamont, 1255 Parkway Avenue, and 1257 Parkway Avenue in Covington. The properties occupy a full corner block and provide city views from the top floor. Current zoning supports bar or restaurant, retail, and residential-unit uses. The package is income-producing and includes multiple commercial and residential components.
The offering includes 399 Altamont, 1255 Parkway Avenue, and 1257 Parkway Avenue in Covington. The properties occupy a full corner block and provide city views from the top floor. Current zoning supports bar or restaurant, retail, and residential-unit uses. The package is income-producing and includes multiple commercial and residential components.
Key Highlights
- Full corner‑block package spanning 399 Altamont, 1255 Parkway Avenue, and 1257 Parkway Avenue
- Residential component includes a 3‑bedroom, 2‑bath house and 3 rental units
- Rental mix: two 1‑bedroom/1‑bath units and one 2‑bedroom/1‑bath unit
Property Analytics
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Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
211
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Multi-property offering combines residential units, storefront space, a bar, ballroom, and detached garage.
Where is this mixed-use property located?
The property is located at 1255 Parkway Avenue Covington, KY.
What is the asking price?
The asking price for this property is $849,900.
What are key features of this property?
This property features: Full corner‑block package spanning 399 Altamont, 1255 Parkway Avenue, and 1257 Parkway Avenue; Residential component includes a 3‑bedroom, 2‑bath house and 3 rental units; Rental mix: two 1‑bedroom/1‑bath units and one 2‑bedroom/1‑bath unit
