1209 W Pike St Covington, KY 41011
Lewisburg NeighborhoodEstimated payment $1,260/month
Highlights
- 0.14 Acre Lot
- Forced Air Heating System
- Baseboard Heating
- Window Unit Cooling System
About This Home
Large corner lot all the way up the street! Fully rented and ready to perform. This duplex in Covington is a turnkey opportunity for any investor looking to add immediate cash flow to their portfolio. The property features a well-laid-out efficiency unit on the lower level and a spacious 3-bedroom, 1-bath unit upstairs, offering strong rental appeal across multiple tenant types. Both units are currently leased, providing instant income from day one.
With ample off-street parking this a rare find for multi-family properties in this area. Tenants enjoy added convenience and long-term desirability. Even better, this property meets the sought-after 1 percent rule, making it a solid addition for investors focused on performance and returns.
Whether you're expanding your portfolio or securing your first multi-family investment, this Covington duplex checks all the boxes. Additional property available for sale to accommodate a 1031 exchange investor.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1910
Lot Details
- 6,130 Sq Ft Lot
Home Design
- Duplex
- Block Foundation
- Shingle Roof
- Aluminum Siding
Interior Spaces
- 2,260 Sq Ft Home
- Vinyl Clad Windows
- Gas Oven
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Parking
- 6 Parking Spaces
- No Garage
- Driveway
- Off-Street Parking
Schools
- John G. Carlisle Elementary School
- Holmes Middle School
- Holmes Senior High School
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Heating System Uses Natural Gas
- Baseboard Heating
Community Details
- 2 Units
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/21/2026 04/21/26 | For Sale | $199,900 | -- | $88 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $100,000 | 360 American Title | |
| Warranty Deed | $100,000 | 360 American Title | |
| Deed | $12,257 | None Available | |
| Commissioners Deed | $15,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $127,730 | Future Advance Clause Open End Mortgage |
Source: Northern Kentucky Multiple Listing Service
MLS Number: 641770
APN: 041-33-03-001.00
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Listing information is deemed reliable, but not guaranteed.
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Ask me questions while you tour the home.