Property profile

121 4th St Covington, KY 41011

OFF-MARKET
Office buildings
Property ID
US34-0318156
2,024 SF 0.09 ac lot Built 1901
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional 10,000-square-foot office building at 121 E 4th Street in Covington, Kentucky, presents a unique opportunity for a single tenant. Situated in a vibrant, walkable location adjacent to Covington Yard, this historic two-story building offers a blend of traditional and creative office space. The property boasts 11 rooms/offices, providing ample space for various business needs. The building includes two full bathrooms and three half bathrooms, ensuring convenience for employees and clients. Ten off-street parking spaces are available, a significant advantage in this desirable area. The building is currently vacant and ready for immediate occupancy, allowing a new tenant to customize the space to perfectly suit their requirements. This prime location offers unparalleled access to the area's thriving creative scene and exceptional walkability, making it an ideal choice for businesses seeking a dynamic and convenient work environment. The property is classified as Office, Special Purpose, and encompasses a total of 10,000 square feet across one building. There are no elevators. The zip code is 41011.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1901
Total area 2,024 SF
Lot 0.09 ac (3,990 SF)
APN 054-23-11-008.00
UPID US34-0318156

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Property Management Company
  • Real Estate Agency
  • Property Management Company Commercial Real Estate Agency
  • Construction Company General Contractor

Location

121 4th St Covington, KY 41011-1752
Covington metro Census 67000 CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$335k

Owner & transaction history

since 2026
7 recorded transactions
2026
Price N/A
2025
$700,000
2023
Price N/A
2020
Price N/A
2020
Price N/A
2012
$82,500
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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