513 E 16th St Covington, KY 41014
Austinburg NeighborhoodEstimated payment $574/month
Highlights
- Property is near public transit
- Mini Split Air Conditioners
- 3-minute walk to Clayton Meyer Park
- Fireplace
- Forced Air Heating and Cooling System
About This Home
Up for Auction! This income-producing duplex presents an excellent opportunity for both owner-occupants and investors alike. Conveniently located near downtown Covington's restaurants, entertainment, shopping, and commuter routes, this property offers flexibility and strong potential.
The first-floor unit is currently vacant and newly rehabbed, featuring 2 bedrooms, updated finishes, a spacious kitchen, and a dedicated laundry room with washer/dryer hookups. A new furnace has also been installed, making the unit move-in or rent-ready immediately.
The second-floor unit is occupied by a month-to-month tenant paying $930/month, providing immediate rental income. This 1-bedroom unit includes central air conditioning, and the property features separately metered gas and electric utilities.
Whether you're looking to live in one unit while generating rental income from the other, or add a cash-flowing property to your portfolio, this duplex offers a great opportunity in a growing area. Auction ends 6/4/26 at 6PM. 10 percent buyers premium. Must adhere to terms and conditions prior to bidding.
Property Details
Home Type
- Multi-Family
Parking
- On-Street Parking
Home Design
- Duplex
- Stone Foundation
- Shingle Roof
- Aluminum Siding
Interior Spaces
- 1,792 Sq Ft Home
- Fireplace
- Vinyl Clad Windows
- Partial Basement
- No Kitchen Appliances
Schools
- Sixth District Elementary School
- Holmes Middle School
- Holmes Senior High School
Utilities
- Mini Split Air Conditioners
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Furnace
- Separate Meters
Additional Features
- 2,310 Sq Ft Lot
- Property is near public transit
Community Details
- 2 Units
Listing and Financial Details
- Auction
- Reserve Auction
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $464 | $35,000 | $5,000 | $30,000 |
| 2024 | $460 | $35,000 | $5,000 | $30,000 |
| 2023 | $466 | $35,000 | $5,000 | $30,000 |
| 2022 | $787 | $55,000 | $5,000 | $50,000 |
| 2021 | $897 | $55,000 | $5,000 | $50,000 |
| 2020 | $893 | $55,000 | $5,000 | $50,000 |
| 2019 | $903 | $55,000 | $5,000 | $50,000 |
| 2018 | $920 | $55,000 | $5,000 | $50,000 |
| 2017 | $933 | $55,000 | $6,000 | $49,000 |
| 2015 | $2,062 | $55,000 | $6,000 | $49,000 |
| 2014 | $1,763 | $55,000 | $6,000 | $49,000 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/04/2026 06/04/26 | Pending | -- | -- | -- |
| 06/04/2026 06/04/26 | Off Market | $99,000 | -- | -- |
| 05/22/2026 05/22/26 | For Sale | $99,000 | -- | $55 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Commissioners Deed | $35,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | Attorney | |
| Warranty Deed | $44,000 | Advanced Land Title Agency | |
| Deed | $32,500 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $44,000 | Purchase Money Mortgage | |
| Previous Owner | $24,300 | New Conventional |
Source: Northern Kentucky Multiple Listing Service
MLS Number: 642890
APN: 055-31-21-006.00
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 2026 Northern Kentucky Multiple Listing Service, Inc. All rights reserved.
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