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    Property profile & analytics

    1823 Madison Ave Covington, KY 41014-1274

    • Apartment buildings
    • 1,591 SF
    • 0.09 lot acres
    OFF-MARKET
    Value Estimation
    $105,000
    Last Sale
    Jul 17, 2023
    $105,000
    Location Intelligence
    Property ID
    US34-2316842
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Apartment buildings

    Property Details for 1823 Madison Ave

    Year built
    1894
    Lot size
    0.09 lot acres
    Property size
    1,591 SF
    Property type
    Apartment buildings
    APN
    055-14-11-005.00
    APU
    55141100500

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Covington
    County
    Kenton
    State
    Kentucky
    Longitude
    -84.5066
    Latitude
    39.0684
    CBSA code
    17140
    CBSA name
    CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,132
    $20,000
    $65,000
    $85,000
    -
    $20,000
    $65,000
    $85,000

    Comparable in this City

    • Value Estimation by Request
      3,886 SF

      1811 Pearl St, Unit 13

      APARTMENT HOUSE (5+ UNITS) • 3,886 SF
      1811 Pearl St, Covington, KY 41014-1211
      View Details
    • Value Estimation
      $290,000
      3,650 SF

      2039 Madison Ave

      APARTMENT HOUSE (5+ UNITS) • 3,650 SF
      2039 Madison Ave, Covington, KY 41014-1263
      View Details
    • Value Estimation
      $290,000
      0.60 Acres

      111 Wallace Ave

      APARTMENT HOUSE (5+ UNITS) • 0.60 Acres
      111 Wallace Ave, Covington, KY 41014-5168
      View Details
    • Value Estimation
      $125,000
      0.20 Acres

      57 Wallace Ave

      APARTMENT HOUSE (5+ UNITS) • 0.20 Acres
      57 Wallace Ave, Covington, KY 41014-1246
      View Details
    • Value Estimation
      $3,300,000
      1.48 Acres

      2609 Crisnic Ct

      APARTMENT HOUSE (5+ UNITS) • 1.48 Acres
      2609 Crisnic Ct, Covington, KY 41014-1587
      View Details
    • Value Estimation
      $330,000
      0.08 Acres

      314 20th St, Unit 16

      APARTMENT HOUSE (5+ UNITS) • 0.08 Acres
      314 20th St, Covington, KY 41014-1506
      View Details

    Similar Nearby for Sale

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      2,490 SF

      Covington Duplex Near Cincinnati

      Vacant, move-in ready duplex with income potential near downtown Cincinnati.
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      View Details
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      Duplex in desirable location with income potential and updated utilities.
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    • $35,000
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      Residential Lot in Covington, KY

      Vacant residential lot near Cincinnati and Licking River Greenway Trail.
      401-03 Oliver St, Covington, KY 41014
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    • Contact for pricing
      0.06 Acres

      Residential Lot in Covington, KY

      Vacant residential lot, minutes from Cincinnati and Licking River.
      403 Oliver St, Covington, KY 41014
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    • Contact for pricing
      0.06 Acres

      Residential Lot in Covington, KY

      Vacant residential lot, minutes from Cincinnati and Licking River.
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    • $1,000,000
      0.24 Acres

      Historic Covington Church Conversion

      9,700 SF Church, Daycare, Parking
      2002 Greenup St, Covington, KY 41014
      View Details
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    1823 Madison Ave
    Covington, KY 41014-1274
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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