634 Greenup St Covington, KY 41011
Downtown Covington NeighborhoodHighlights
- Wood Frame Window
- Eat-In Kitchen
- Hot Water Heating System
- Fireplace
- Central Air
- 4-minute walk to Randolph Park
About This Home
Investor opportunity in the heart of Covington! This 5-unit multifamily features five one-bedroom apartments with separately metered utilities, offering strong expense control and consistent cash flow. Nearly $40K annual NOI with leases in place into 2026 provides immediate income stability. Recent improvements include a boiler (2019), new AO Smith 75-gallon water heater (2024), and full exterior restoration (2021). Located in a walkable neighborhood next to a local art center and close to coffee, dining, and urban amenities, supporting strong tenant demand. Professional management in place. Financials available upon request. 24-hour notice required for showings.
Property Details
Home Type
- Apartment
Lot Details
- 4,356 Sq Ft Lot
- Lot Dimensions are 95 x 50
Parking
- On-Street Parking
Home Design
- Brick Exterior Construction
- Block Foundation
- Shingle Roof
Interior Spaces
- 3,531 Sq Ft Home
- Fireplace
- Wood Frame Window
- Basement Fills Entire Space Under The House
Kitchen
- Eat-In Kitchen
- Gas Range
Bedrooms and Bathrooms
- 5 Bedrooms
Schools
- First District Elementary School
- Holmes Middle School
- Holmes Senior High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Hot Water Heating System
- Cable TV Available
Community Details
- 5 Units
- Coin Laundry
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 | $2,924 | $220,700 | $35,700 | $185,000 |
| 2024 | $2,902 | $220,700 | $35,700 | $185,000 |
| 2023 | $2,940 | $220,700 | $35,700 | $185,000 |
| 2022 | $3,157 | $220,700 | $35,700 | $185,000 |
| 2021 | $3,599 | $220,700 | $35,700 | $185,000 |
| 2020 | $3,582 | $220,700 | $35,700 | $185,000 |
| 2019 | $3,620 | $220,750 | $35,750 | $185,000 |
| 2018 | $3,692 | $220,750 | $35,750 | $185,000 |
| 2017 | $3,576 | $210,000 | $30,000 | $180,000 |
| 2015 | $4,277 | $210,000 | $30,000 | $180,000 |
| 2014 | $4,003 | $210,000 | $30,000 | $180,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/24/2026 02/24/26 | For Sale | $675,000 | -- | $191 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $400,000 | None Listed On Document | |
| Warranty Deed | -- | Attorney | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $210,000 | Lawyers Title Of Cincinnati |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $300,000 | Credit Line Revolving | |
| Previous Owner | $157,450 | Commercial |
Source: Northern Kentucky Multiple Listing Service
MLS Number: 640075
APN: 054-23-18-010.00
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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Ask me questions while you tour the home.