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6-Unit Renovated Apartment Buildings
For Sale
Contact for pricing
Pending

701 W Pike St, Covington, KY 41011

Updated kitchens and baths pair with separate utilities, furnaces, and substantial storage.

Property SizeContact for details
Days on Market142

Property Features for 701 W Pike St

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Multifamily Units 6

Amenities

walk-in attic

Building Details

Year Renovated 2022
Buildings 2
Listing Agency: Service Plus RE Team | eXp Realty
Listed By: Brian Weber · License #201865
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 12:37AM

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 Service Plus RE Team | eXp Realty

Investment Insights

Based on property information with market context.

This multifamily property includes two apartment buildings with 6 units, renovated in 2022. Improvements include updated kitchens and baths, vinyl windows, and new water heaters throughout. Each building has separate utilities and furnaces, supporting straightforward unit-level operation.

Both buildings also offer large walk-in attic areas that provide additional storage. The property is located at 701 W Pike St in Covington, Kentucky, with the address spanning 701-703 Pike St.

Key Highlights

  • 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

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store HVAC Service Accounting Firm Florist Veterinary Clinic

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

6
Residential units

Location Intelligence

Trade Area within ½ mile

855
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

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?
Apartment building - Updated kitchens and baths pair with separate utilities, furnaces, and substantial storage.
Where is this apartment building located?
The property is located at 701 W Pike St Covington, KY.
What are key features of this property?
This property features: 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
(859) 468-2272 Call to check price and availability
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