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    Property profile & analytics

    718 Southern Ave Covington, KY 41015-1362

    • Apartment buildings
    • 2,400 SF
    • 0.06 lot acres
    OFF-MARKET
    Value Estimation
    $225,000
    Last Sale
    Sep 10, 2021
    $185,000
    Location Intelligence
    Property ID
    US34-0181396
    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 718 Southern Ave

    Year built
    1927
    Lot size
    0.06 lot acres
    Property size
    2,400 SF
    Property type
    Apartment buildings
    APN
    056-11-03-022.00
    APU
    56110302200

    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
    -84.5144
    Latitude
    39.049
    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
    $2,464
    $10,000
    $175,000
    $185,000
    -
    $10,000
    $175,000
    $185,000

    Comparable in this City

    • Value Estimation by Request
      832 SF

      3929 Decoursey Ave, Unit 33

      APARTMENT HOUSE (5+ UNITS) • 832 SF
      3929 Decoursey Ave, Covington, KY 41015-1540
      View Details
    • Value Estimation by Request
      2,574 SF

      308 35th St

      APARTMENT HOUSE (5+ UNITS) • 2,574 SF
      308 35th St, Covington, KY 41015-1100
      View Details
    • Value Estimation by Request
      2,832 SF

      1 28th St, Unit 3

      APARTMENT HOUSE (5+ UNITS) • 2,832 SF
      1 28th St, Covington, KY 41015-1280
      View Details
    • Value Estimation
      $320,000
      3,360 SF

      31 Faye Dr

      APARTMENT HOUSE (5+ UNITS) • 3,360 SF
      31 Faye Dr, Taylor Mill, KY 41015-1771
      View Details
    • Value Estimation
      $110,000
      0.07 Acres

      116 32nd St

      APARTMENT HOUSE (5+ UNITS) • 0.07 Acres
      116 32nd St, Covington, KY 41015-1286
      View Details
    • Value Estimation by Request
      3,250 SF

      101 43rd St

      APARTMENT HOUSE (5+ UNITS) • 3,250 SF
      101 43rd St, Covington, KY 41015-3501
      View Details

    Similar Nearby for Sale

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      Updated Mixed-Use Covington Property

      Turnkey investment with commercial space and updated apartment.
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    • New
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      Covington Multifamily Investment Property

      Well-kept duplex in Latonia with long-term tenants and garage.
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      Covington Duplex: Investment Opportunity

      Duplex in Covington, KY with strong rental income.
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      Covington Quad Unit Multifamily Property

      Quad unit multifamily property with solid brick building and rental history.
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    Similar Nearby for Lease

    • $4,053 /Mo
      66,054 SF

      Retail Space in Taylor Mill

      Retail space with existing infrastructure in high-traffic area.
      5113 Taylor Mill Rd, Taylor Mill, KY 41015
      View Details
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      Retail Space in Latonia

      Retail space in Covington with high visibility and easy access.
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      View Details
    • $1,250 /Mo
      31,363 SF

      Taylor Mill Commercial Land Lease

      Strategically located land available for long-term ground lease.
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    • Contact for pricing
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      Industrial Space Near I-75/I-71

      306,560 SF industrial space with easy highway access.
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    • Contact for pricing
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      Retail Space in Latonia Centre

      Retail spaces available in Covington, KY, community center.
      4303-4387 Winston Ave, Covington, KY 41015
      View Details
    • $1,800 /Mo
      2,200 SF

      Latonia Commercial Space For Rent

      2200 SF commercial space in the heart of Latonia.
      3622 Decoursey Ave, Latonia, KY 41015
      View Details
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    718 Southern Ave
    Covington, KY 41015-1362
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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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