Property profile

324 8th St Covington, KY 41011

OFF-MARKET
Apartment buildings
Property ID
US34-2231788
4,469 SF 0.06 ac lot Built 1860
Individually Owned 7-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1860
Total area 4,469 SF
Lot 0.06 ac (2,500 SF)
APN 054-21-05-009.00
UPID US34-2231788

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
  • Interior Design Home Decor Store

Location

324 8th St Covington, KY 41011-1372
Covington metro Census 60300 CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$550k
Comparable Approach Comparable
$521k
Blend (final) Blend
$305k

Owner & transaction history

since 2018
6 recorded transactions
2018
$400,000
2013
Price N/A
2010
Price N/A
2006
$260,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Office building $465,000 +28.3%
Retail stores $395,000 +8.1%

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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