Six-Unit Apartment
For Sale
$460,000
716 Lewis Street, Covington, KY 41011
Rented multifamily property with off-street parking and select unit updates near Interstate 75.
Property SizeContact for details
Days on Market129
Property Features for 716 Lewis Street
General Information
Standard status
Active
Property subtype
Apartment
Additional Details
Cap Rate
8.8%
Highway Access
Yes
Multifamily Units
6
Amenities
Ductless
Heat Pump
Central Air
Forced Air
Natural Gas
Electric
Natural Gas Available, Water Available, Asphalt, Shingle
Building Details
Buildings
1
Listed By:
Jon Weaver · License #64816
(859) 743-3559
Source:
Kw
Added: Jun 9
Changed: Oct 15
Last Checked: Oct 14 at 8:51PM
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 Jon Weaver
Investment Insights
Based on property information with market context.
This six-unit apartment property contains 5,060 square feet and is currently rented. Select units have been updated, while the building provides central air, ductless systems, forced-air and heat-pump heating, and natural gas service. The property also includes wood-frame construction and a shingle exterior.
Off-street parking is available for both tenants and guests. Located at 716 Lewis Street in Covington, Kentucky, the building sits approximately 1,000 feet from Interstate 75. Current operations reflect an approximately 8.8 percent Cap Rate.
Off-street parking is available for both tenants and guests. Located at 716 Lewis Street in Covington, Kentucky, the building sits approximately 1,000 feet from Interstate 75. Current operations reflect an approximately 8.8 percent Cap Rate.
Key Highlights
- Six‑unit apartment building with 5,060 square feet
- Currently rented with approximately 8.8 percent Cap Rate
- Off‑street parking for tenants and guests
Property Analytics
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Current Use
Lease Details
6
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,013
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?
Apartment building - Rented multifamily property with off-street parking and select unit updates near Interstate 75.
Where is this apartment building located?
The property is located at 716 Lewis Street Covington, KY.
What is the asking price?
The asking price for this property is $460,000.
What are key features of this property?
This property features: Six‑unit apartment building with 5,060 square feet; Currently rented with approximately 8.8 percent Cap Rate; Off‑street parking for tenants and guests
