Triplex

Covington, KY Triplexes for Sale

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Renovated Three-Story Triplex
Updated: Sep 4
Renovated Three-Story Triplex

214 W 5th St, Covington, KY 41011

$777,000
2,443 sqft
2,443 SF three‑story triplex
Three residences with 1‑bedroom, 2‑bedroom, and 1‑bedroom layouts
Original exposed brick paired with renovated kitchens and updated finishes
Second‑floor oversized slider with direct Paycor Stadium views
Multilevel rear deck connecting all three floors
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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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See what stands out in Kenton County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 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

$700,000
3,126 sqft

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

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Historic Triplex Redevelopment Property
Historic Triplex Redevelopment Property

114 E Mcmicken Avenue, Cincinnati, OH 45202

$125,000
4,280 sqft

Three-story property with a basement and separate rear accessory building, requiring complete renovation for redevelopment.

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Furnished Three-Unit Triplex
Furnished Three-Unit Triplex

399 Oregon Street, Cincinnati, OH 45202

$850,000
2,562 sqft 0.11 AC lot

Modern updates, furnished interiors, and river and city views define the offering.

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Furnished Triplex
Furnished Triplex

399 Oregon St, Cincinnati, OH 45202

$850,000
2,562 sqft

Updated interiors and varied layouts accommodate tenants or owner-occupants at this Cincinnati property.

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Covington, KY Triplexes Market Trends and Statistics

Explore 2 triplexes for sale in Covington, KY on our real estate platform. These investment opportunities span a total of 5,629 square feet of properties for sale, with an estimated market value of $1,426,900.

Sale prices for three-family homes in Covington, KY start at $649,900, averaging $713,450, and reaching up to $777,000 — 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 12
Triplexes 2
Apartment buildings 1
Short term rental properties 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%

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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