Triplex

Covington, KY Triplexes for Sale

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Renovated Historic Triplex
Updated: Jul 9
Renovated Historic Triplex

501 Johnson St, Covington, KY 41011

$649,900
3,186 sqft
Three‑unit configuration: two 1‑bedroom, 1‑bath units and one 1‑bedroom, 1.5‑bath unit
Adjacent vacant lot included with the property
Mixed‑use zoning supports residential and other qualifying uses
Renovated improvements retain character from the 1860 construction date
One block from the Covington Central Riverfront redevelopment
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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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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.

Updated Furnished Triplex
Updated Furnished Triplex

1312 Spring St, Cincinnati, OH 45202

$675,000
3,126 sqft

Three updated, furnished residences offer a flexible multifamily configuration near downtown Cincinnati amenities and transit.

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Three-Unit Brick Triplex
Three-Unit Brick Triplex

226 Clifton Avenue, Cincinnati, OH 45202

$399,000
2,081 sqft 0.02 AC lot

Each residence has a private street entrance and a multilevel layout.

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Three-Unit Multifamily Redevelopment Property
Three-Unit Multifamily Redevelopment Property

1602 John Street, Cincinnati, OH 45214

$154,900
2,840 sqft 0.06 AC lot

Brick redevelopment property with shingle roofing and a layout for multifamily residential use.

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Triplex Redevelopment Property
Triplex Redevelopment Property

1602 John St, Cincinnati, OH 45214

$154,900
2,840 sqft

Rezoned for three units, the property offers a multifamily redevelopment configuration near Downtown Cincinnati.

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Covington, KY Triplexes Market Trends and Statistics

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 average $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

Duplexes 9
Apartment buildings 2
Quadplexes 1
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%

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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