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    Covington, KY Triplexes for Sale

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    Bromley, KY Cincinnati, OH Union, KY
    Renovated Triplex with Development Potential
    $649,900
    3,186 SF
    Renovated Triplex with Development Potential

    501 Johnson Street, Covington, KY 41011

    Renovated triplex with vacant lot in Covington, Kentucky.
    • Prime Location: Steps from Cincinnati and Main Strasse Village, one block from the Covington Central Riverfront redevelopment, offering strong appreciation potential.
    • Mixed‑Use Zoning with Vacant Lot: Rare opportunity for expansion, parking, or future development (buyer to verify).
    • Turnkey Triplex: Three renovated units (two 1‑bed/1‑bath, one 1‑bed/1.5‑bath) ideal for tenants, investors, or owner‑occupants.
    • Ample Off‑Street Parking: Accommodates six to eight vehicles.
    • Historic Charm with Modern Updates: Blends original 1860s character with contemporary renovations.
    Updated: Apr 29
    View details
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Covington, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Renovated Three-Unit Building in Cincinnati
    $444,000
    2,081 SF
    Renovated Three-Unit Building in Cincinnati

    Turnkey three-unit building with unique, spacious layouts and walkable location.

    226 Clifton, Cincinnati, OH 45202

    View details
    Converted 3-Unit Brick Multifamily
    $350,000
    4,510 SF
    Converted 3-Unit Brick Multifamily

    Four-story brick building with three units, permitted system updates, and interiors at varying stages of completion.

    818 Livingston Street, Cincinnati, OH 45214

    View details
    Aurora Investment Property with Potential
    $35,000
    1,980 SF
    Aurora Investment Property with Potential

    Duplex with triplex conversion potential, ideal for renovation.

    129 W Conwell, Aurora, IN 47001

    View details
    Three-Unit Triplex with Updates
    $259,900
    2,607 SF
    Three-Unit Triplex with Updates

    Well-maintained triplex with multiple long-term leases and recent capital improvements, including roof, windows, and HVAC systems.

    580 Indiana Avenue, Aurora, IN 47001

    View details

    Covington, KY Triplexes Investment Opportunities Market Analysis

    Explore 1 triplexes for sale in Covington, KY on our real estate platform. These investment opportunities span a total of 3,186 square feet of properties for sale, with an estimated market value of $649,900.

    Sale prices for three-family homes in Covington, KY start at $649,900, averaging $649,900, and reaching up to $649,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Triplexes 1

    Demographics Overview

    Population 130K
    Population Growth (5Y) +1.5%
    Median Household Income $76,910
    College Educated 34.8%

    High-Yield Neighborhoods for Investment

    Identify Covington submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    41011 $649.9K

    Taxes & Financing

    Tax Rate (average for all types) 1.26%
    Property Tax per SF $7.10 per SF
    Tax Rate vs County Average 0.15 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Kenton County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Covington fall within the 10,000 to 25,000 square foot range.

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