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Covington, KY Multifamily Homes & Duplexes for Sale

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  • /50

    $599,000

    • 2,540 Sq Ft

    1410 Scott St, Covington, KY 41011

    Charming multi-family property in the heart of Covington! This historic three-unit building offers a separate washer and dryer in each unit, off-street parking, and private alley access for convenience. Enjoy timeless character and an unbeatable location—just minutes to Downtown Cincinnati and everything the Tri-State has to offer!

    Agent Photo

    Nicole Rankin

    Coldwell Banker Realty FM

    (859) 904-5287

    1410 Scott St, Covington, KY 41011
  • /2

    $395,000

    • 2,633 Sq Ft

    1451 Madison Ave, Covington, KY 41011

    Cash flowing 5 unit rental property in amazing Historic Madison Avenue location! This property boasts approximately $4700 in gross monthly income. Recently remodeled with luxury vinyl plank flooring, tile bathrooms, new HVAC, and more! Mix of units - 1, 2 and 3 bedroom floorpans. Call today to schedule your private showing!

    Agent Photo

    Shane Reno

    Huff Realty - Florence

    (859) 470-8763

    1451 Madison Ave, Covington, KY 41011
  • /39

    $540,000

    • 3 Beds
    • 2 Baths
    • 1,784 Sq Ft

    328 W 6th St, Covington, KY 41011

    Enjoy the living on the edge of Mainstrasse with the convenience of a 2-car garage and a backyard! This home is currently used as a 2-family but could easily be returned to a true single family. The front and back doors are for access to the first floor unit and the side door is for the second floor unit. The property has a large fenced backyard and a 2-car garage and driveway with space for 2

    Blaire Hancock Simple Fee Realty

    328 W 6th St, Covington, KY 41011
  • /36

    $234,900

    • 1,800 Sq Ft

    3627 Decoursey Ave, Covington, KY 41015

    Super unique opportunity located in the Latonia business district. 1,800 square feet located with convenient access to 275 as well as booming Covington and a short drive to downtown Cincinnati. Fully updated and remodeled, this turnkey investment property offers endless flexibility/uses. R convert the first floor into an apartment, lease the commercial space to any number of businesses. Upstairs

    Cory Behm Transaction Alliance LLC

    3627 Decoursey Ave, Covington, KY 41015
  • /14

    $175,000

    • 2 Beds
    • 2 Baths
    • 1,327 Sq Ft

    614 E 16th St, Covington, KY 41014

    Excellent investment opportunity duplex in the heart of Covington*Upstairs and downstairs units are both spacious and have eat-in kitchens with oven/range and refrigerators*Separate gas & electric paid by the tenants & owner pays water, sanitation & trash*Choose to rent the entire building or potentially purchase the building as an owner-occupant for only 3.5 percent down and start your

    Duane Degroff RE/MAX Victory + Affiliates

    614 E 16th St, Covington, KY 41014
  • /46

    $379,900

    • 4 Beds
    • 2 Baths
    • 2,490 Sq Ft

    2010 Howell St, Covington, KY 41014

    Vacant brick duplex just minutes from downtown Cincinnati and Mainstrausse Village - perfect for an owner-occupant or investor. The first floor unit features 1 bed, 1 bath, a spacious kitchen, stainless appliances, and a gas range. The upper unit spans 2 floors with 3 beds, 1 bath and a finished 3rd level (+/-600 ft of finished space). Separate electric/gas meters, two laundry hookups, and a

    Adam Rosenhagen Horan Rosenhagen Real Estate

    2010 Howell St, Covington, KY 41014
  • /21

    $295,000

    • 2,500 Sq Ft

    2009 Greenup St, Covington, KY 41014

    HOUSE HACK OPPORTUNITY! We're looking for the first time home buyer that is looking for exactly this type of opportunity, they can use the cashflow on the property to qualify for the house, they will be able to claim $20,400 per year of additional income to qualify Rare Opportunity with Down Payment Assistance Available!Welcome to 2009 Greenup Street, a unique gem nestled in a highly

    J. J. Harrison Affordable Realty Services, LLC

    2009 Greenup St, Covington, KY 41014
  • /15

    $179,000

    • 3 Beds
    • 2 Baths
    • 1,840 Sq Ft

    15 E 41st St, Covington, KY 41015

    Well kept investment property in Latonia! Rent 1 side and live in the other, or buy and collect rents from long time tenants. 2 units, downstairs in a large 2 bedroom with dining room, upstairs is a 1 bedroom unit with a large eat in kitchen and extra storage. There is an extra large garage on the back of the property that would be great for investors to store equipment.

    Bridget Erna Lohmiller Real Estate

    15 E 41st St, Covington, KY 41015
  • /30

    $875,000

    • 4 Beds
    • 5 Baths
    • 6,000 Sq Ft

    138 W Pike St, Covington, KY 41011

    This historic mixed-use building offers the perfect combination of charm, income, and location. Currently fully leased, the trophy property is an excellent opportunity for commercial investors or work/live entrepreneurs. From W. Pike St., the 2,500+ sq ft. main level features two storefront entrances, shared by three local businesses. From Russell St., residential tenants enjoy two private

    Haley Runion Comey & Shepherd REALTORS

    138 W Pike St, Covington, KY 41011
  • /33

    $350,000

    • 1 Bed
    • 1 Bath
    • 3,240 Sq Ft

    714 W 35th St, Covington, KY 41015

    Excellent value add opportunity in this quad unit multi family. Solid brick building with excellent rental history. This property features 3-2 bedroom/1 bathroom units and 1-1 bedroom/1 bathroom unit. Newer roof, 4/5 water heaters newer, newer electrical panels, and vinyl windows. Owner pays water/sanitation/heat/trash pickup. Tenants pay electric. 48 hour notice required to show. Schedule you

    Deron Schell Huff Realty - Florence

    714 W 35th St, Covington, KY 41015
  • /40

    $399,000

    • 6 Beds
    • 3 Baths
    • 2,020 Sq Ft

    314 Grant Ct, Covington, KY 41015

    Check out this incredible, income producing investment opportunity! Two buildings with 3 total units. One, a duplex. The other a 2-bedroom house. Both are on the same lot. Each duplex unit boasts 2 bedrooms and spacious living areas. Each unit has its own separate entry. Common areas include outside deck and yard. Duplex basement offers additional storage or could be a laundry area. Off street

    Steve DeVillez Bluegrass Real Estate Group, Inc.

    314 Grant Ct, Covington, KY 41015
  • /31

    $455,000

    • 2 Beds
    • 4 Baths
    • 2,852 Sq Ft

    1333 Scott St, Covington, KY 41011

    Prime Multi-Family Opportunity in Covington - 5 Units on a Double Lot!Discover this well-maintained 5-unit property featuring three comfortable one-bedroom apartments and two efficient, easy-to-rent efficiency units. The building sits on a rare double lot with generous front and back yards, offering green space that's hard to find in the city. Tenants will appreciate the off-street parking

    Danae Nixon Keller Williams Realty Services

    1333 Scott St, Covington, KY 41011
  • /12

    $279,000

    • 4 Beds
    • 1 Bath
    • 2,616 Sq Ft

    30 W 36th St, Covington, KY 41015

    Start your rental empire here. Exceptional two family duplex perfect for investors or owner- occupants, all seperate utilites except water.Located in desirable neighborhood close to schools,shopping,restaurants/bars and public transportation.Live in one unit and let the other help pay your mortgage- or rent both for maximum income.A smart investment you dont want to miss!Listing agent /owner.Two

    Steve Cheek Berkshire Hathaway Home Services Professional Realty

    30 W 36th St, Covington, KY 41015
  • /29

    $349,000

    • 4,315 Sq Ft

    3439 Decoursey Ave, Covington, KY 41015

    Metered for 5 units!This massive mixed use building is ready for multiple apartments or businesses. Upstairs features a 1,600 sq ft 3bd 2full bath remodeled apartment. Downstairs is ready to be sectioned into your best use. The possibilities are endless with this building and the great part is that the tough part of work is already completed. Come make this your own.

    Jennifer Haire Paragon Realty Partners

    3439 Decoursey Ave, Covington, KY 41015
  • /10

    $159,900

    • 3 Beds
    • 3 Baths
    • 1,219 Sq Ft

    122 W 32nd St, Covington, KY 41015

    Great Investment Opportunity - Duplex with Strong Rental Income!Don't miss your chance to grow your investment portfolio with this income-producing property! This well-maintained duplex features two separate units that generates a combined monthly income of $1,995.Each unit offers functional living space and reliable rental history, making it ideal for both seasoned investors and

    Vicky Coffee Huff Realty - Ft. Mitchell

    122 W 32nd St, Covington, KY 41015
  • /11

    $327,000 New Construction

    • 3 Beds
    • 2.5 Baths
    • 1,651 Sq Ft

    3921 Volterra Ln Unit 299A, Covington, KY 41017

    Stylish new Hudson paired patio plan by Fischer Homes in beautiful Tuscany featuring an open concept main level with an island kitchen with stainless steel appliances, upgraded maple cabinetry with 42 inch uppers and soft close hinges, durable quartz counters, walk-in pantry and walk-out morning room all open to the oversized family room. Upstairs you'll find the homeowners retreat with an

    Alexander Hencheck HMS Real Estate

    3921 Volterra Ln Unit 299A, Covington, KY 41017
  • /18

    $264,900

    • 4 Beds
    • 2 Baths
    • 2,730 Sq Ft

    465 Hazen St, Ludlow, KY 41016

    Unique 2 family on large oversized lot! Off street parking for 2-3 cars possibly.* 1st floor unit has 1 bedroom,living & dining rooms & covered side porch area.* 2nd floor unit extends to the 3rd floor -with 3 bedrooms and access to side room-great for an in home office,playroom etc.,with great large window view ! * Both units have access to basement laundry area and storage,* Both units have

    Robin Donovan Coldwell Banker Realty FM

    465 Hazen St, Ludlow, KY 41016

Why Live in Covington

Covington, Kentucky, known as "The Cov," is a city of around 41,000 people located across the Ohio River from Cincinnati. The downtown area features a mix of modern apartments and 19th-century buildings, reflecting its historical roots in the iron and tobacco industries. Mainstrasse Village showcases German-inspired architecture and hosts events like Oktoberfest, celebrating the area's cultural heritage. Housing options are varied, with historic American Foursquares and shotgun-style cottages near downtown, and 1920s bungalows and '30s Tudor-style homes in neighborhoods like Wallace Woods and West Latonia. Newer single-family homes and townhouses are found in South Covington. The median home price is about $250,000, which is below the national average. Covington Independent Schools serve local students, and adult education is available at Gateway Adult Education - Kenton County. Mainstrasse Village is a popular spot for dining and shopping, with pizza joints, bars, and shops, while Latonia Centre offers chain retailers and fast-food options. Devou Park, covering over 700 acres, includes a golf course, mountain biking trails, and an amphitheater. The Behringer-Crawford Museum and Roebling Bridge murals provide historical insights. Public transit is managed by TANK, connecting Covington to Cincinnati. The Cincinnati/Northern Kentucky International Airport, 12 miles away, offers flights to over 50 nonstop destinations. Crime rates in Covington are lower than the national average, making it a relatively safe place to live.

Home Trends in Covington, KY

Housing Trends

Median Sale Price
$250,000
Median Single Family Sale Price
$250,000
Median Townhouse Sale Price
$310,000
Median 2 Bedroom Sale Price
$269,661
Median 1 Bedroom Sale Price
$342,500
Average Price Per Sq Ft
$189
Number of Homes for Sale
179
Last 12 months Home Sales
719
Months of Supply
3.00
Median List Price
$265,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
6%
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