Property profile

401 16th St Covington, KY 41014

OFF-MARKET
Apartment buildings
Property ID
US34-1523131
4,858 SF 0.06 ac lot Built 1869
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1869
Total area 4,858 SF
Lot 0.06 ac (2,625 SF)
APN 055-31-15-001.00
UPID US34-1523131

Cap rate & NOI

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

Location

401 16th St Covington, KY 41014-1305
Covington metro Census 61000 CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$155k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$120k

Owner & transaction history

since 2020
Last sale
$150,000
5 recorded transactions
2020
$150,000
2008
$175,000
2006
$103,000
2006
$93,600
2004
$93,600

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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