122 W 32nd St Covington, KY 41015
West Latonia NeighborhoodEstimated payment $990/month
About This Home
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 those just starting out. Please note: photos were taken prior to tenant move-in.
Whether you're looking to expand your rental portfolio or house-hack by living in one unit and renting the other, this is a smart move!
Property Details
Home Type
- Multi-Family
Lot Details
- 3,332 Sq Ft Lot
Parking
- On-Street Parking
Home Design
- Block Foundation
- Shingle Roof
- Concrete Block And Stucco Construction
- Block And Beam Construction
Interior Spaces
- 1,219 Sq Ft Home
- 2-Story Property
- Insulated Windows
- Electric Range
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Schools
- Ninth District Elementary School
- Holmes Middle School
- Covington Adult High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Forced Air Heating and Cooling System
- Private Sewer
- Cable TV Available
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 056-13-07-018.00
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,805 | $136,200 | $5,000 | $131,200 |
| 2024 | $1,685 | $128,100 | $5,000 | $123,100 |
| 2023 | $1,706 | $128,100 | $5,000 | $123,100 |
| 2022 | $1,733 | $128,100 | $5,000 | $123,100 |
| 2021 | $1,047 | $65,000 | $5,000 | $60,000 |
| 2020 | $1,042 | $65,000 | $5,000 | $60,000 |
| 2019 | $1,053 | $65,000 | $5,000 | $60,000 |
| 2018 | $1,074 | $65,000 | $5,000 | $60,000 |
| 2017 | $309 | $15,000 | $10,000 | $5,000 |
| 2015 | $1,428 | $65,000 | $10,000 | $55,000 |
| 2014 | $2,204 | $65,000 | $10,000 | $55,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/25/2025 05/25/25 | Price Changed | $159,900 | -5.9% | $131 / Sq Ft | |
| 02/25/2025 02/25/25 | Price Changed | $169,900 | -2.3% | $139 / Sq Ft | |
| 02/10/2025 02/10/25 | Price Changed | $173,900 | -0.6% | $143 / Sq Ft | |
| 01/01/2025 01/01/25 | For Sale | $174,900 | +28.4% | $143 / Sq Ft | |
| 01/31/2024 01/31/24 | Sold | $136,200 | -9.2% | $112 / Sq Ft | View Prior Sale |
| 01/16/2024 01/16/24 | Pending | -- | -- | -- | |
| 12/08/2023 12/08/23 | For Sale | $150,000 | -- | $123 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $136,200 | None Listed On Document | |
| Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes | $2,818 | None Listed On Document | |
| Quit Claim Deed | $15,000 | Kentucky Land Title Agency | |
| Commissioners Deed | $9,000 | Attorney | |
| Deed | -- | None Available | |
| Deed | $37,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $9,000 | Seller Take Back |
Source: Northern Kentucky Multiple Listing Service
MLS Number: 628909
APN: 056-13-07-018.00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of NKMLS. Real estate listings held by IDX Brokerage firms other than Ten-X are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers.
Listing information is deemed reliable, but not guaranteed.
Copyright 2025 Northern Kentucky Multiple Listing Service, Inc. All rights reserved.
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