Covington KY Multi-Family Real Estate, Homes for Sale

Rare opportunity to own a townhome-style, side-by-side duplex built in 1996--newer than many Northern Kentucky multi-family properties--with private decks overlooking Holmes High School's brand-new softball stadium! Perfect for owner-occupants looking to offset their mortgage with rental income or investors seeking a well-maintained property with long-term upside. Each spacious 3-story unit offers approximately 1,568 sq. ft., 3 bedrooms, 2 full baths, 1 half bath, a gas fireplace, attached 2-car garage, private entrances, private deck, in-unit laundry, separately metered gas, electric & water, and separate HVAC systems. Additional driveway and street parking provide added convenience. Built with a low-maintenance brick and vinyl exterior, this meticulously maintained property features major updates including roof (2019), HVAC systems (2019), R-60 attic insulation, newer appliances (approx. 2-3 years), and carpet (approx. 2 years). One unit is vacant and move-in ready, while the occupied unit has been leased to an excellent long-term tenant for approximately six years. Current rent is intentionally below today's market, creating an outstanding opportunity for future income growth. Enjoy your morning coffee overlooking the ballfield, then spend your evenings taking in spectacular views of Cincinnati's annual WEBN Fireworks from your private deck. Properties offering this combination of size, condition, flexibility, location, and unforgettable views rarely become available. No HOA! Conveniently located just minutes from Downtown Cincinnati, Covington, Newport, shopping, dining, entertainment, and major interstates. Don't miss this exceptional opportunity!

2041 Franklin Street, Covington

$465,000

8 Beds ⋅ 3 Baths ⋅ 644298 MLS

Prime Covington 5-unit investment property just minutes from MainStrasse and downtown Cincinnati. Desirable unit mix includes two 2BR units, two 1BR unit, and one spacious 3BR unit. Updated interiors, strong rental demand, brick construction, and excellent income potential. Ideal opportunity for investors seeking cash flow and long-term appreciation in Northern Kentucky.Excellent opportunity to acquire a turnkey 5-unit multifamily property in the heart of Covington, just minutes from MainStrasse Village, downtown Cincinnati, dining, entertainment, and major employment centers. This well-maintained brick building offers an attractive unit mix Many units have been updated, helping minimize future capital expenses and maximize rental appeal. Tenants pay electric, while owner covers water and trash. Strong rental demand, value-add potential through future rent growth, and a prime urban location make this a great addition to any investment portfolio. Don't miss the chance to own a cash-flowing multifamily asset in one of Northern Kentucky's most sought-after rental markets. Note one ofv the 1 BD has additional 10x11 room may be used for additional BD but does not have egress.Unit 1-3BD rent for $900, Unit 2- 2BD rent for $800, Unit 3- 1 BD rent for $900,Unit 4 -2 BD rent for $800 and Unit 5- 1 BD rent for $850

661 W Pike Street, Covington

$299,900

2 Beds ⋅ 1 Baths ⋅ 644091 MLS

Desirable Fort Wright location for this easy to rent two family with built in cash flow. Two - 2 bedroom units with rear entry garage and a manageable back yard. These apartments feature hardwood floors, appliances and additional storage in the basement. Seconds from interstate access and solid rental history. All utilities are separated except water/sanitation.

210 Kyles Lane, Covington

$225,000

643919 MLS

Welcome to this solid brick duplex located at 322 E17th street in the heart of Covington. Whether you are looking to expand your investment portfolio or take advantage of an owner occupant opportunity, this property offers flexibility and upside potential. One unit is currently occupied with a new tenant ,providing immediate rental income. The lower unit has been cleared out and is ready for renovations, giving the next owner the chance to add value and increase cash flow through improvements and customization. Ideally situated just minutes from vibrant Mainstrasse , downtown Covington and downtown Cincinnati. This property offers convenient access to restaurants, entertainment, shopping and major employers. Don't miss your chance to own this property with income potential, value-add opportunities and a prime location in the Northern Kentucky market

322 E 17th Street, Covington

$495,000

643743 MLS

Investors and owner-occupants, this is the one you circle twice. A fully-loaded triplex sitting in the sweet spot of Covington -- steps from the viral 513 Coffee, right on the edge of the beloved MainStrasse Village, and within easy walking distance of everything that makes this city one of the most exciting addresses in the greater Cincinnati region. Three income-producing units means maximum flexibility. Live in one, rent the other two, or lease all three and let Covington's red-hot rental market do the heavy lifting. With strong tenant demand and a neighborhood that draws visitors, young professionals, and long-term residents alike, vacancy is the least of your worries here. Inside, the character runs deep -- the kind of historic bones that simply don't get built anymore. Outside, a rare private backyard offers tenants (or yourself) a true outdoor retreat in the heart of the city. Grill out, unwind, entertain -- this kind of outdoor space at a Covington address is a genuine differentiator and a tenant magnet. Location needs no overselling. Walk to MainStrasse's acclaimed restaurants, bars, and boutiques. Grab your morning cup at 513 Coffee -- one of the most talked-about coffee spots in the tri-state. And when the workday calls, highway access is minutes away for a stress-free commute anywhere in Greater Cincinnati or Northern Kentucky. Set up a showing today!

325 W 9th Street, Covington

$410,000

643741 MLS

Tucked into one of Covington's most charming historic neighborhoods, this fully renovated two-family gem is the house-hack opportunity you've been waiting for. Meticulously updated from the studs up, every detail has been thoughtfully executed -- stunning tilework, chef-caliber kitchens, gleaming hardwood floors, and exposed brick accents that celebrate the home's historic soul. The open-concept layout flows beautifully between living spaces, ideal for both relaxed living and effortless entertaining. One unit is month to month and move-in ready, making owner-occupancy a seamless transition. Let your tenant, or Airbnb guests, help carry the mortgage while you build equity in one of Northern Kentucky's hottest zip codes. Step outside to a freshly landscaped exterior, brand new sidewalk, and a patio perfect for morning coffee or evening gatherings. Just beyond your doorstep, the peaceful Covington Cemetery and stunning arboretum provide a rare green escape -- serene, walkable, and utterly unique to this address. Yet you're never far from the action. MainStrasse Village, Covington's celebrated dining scene, craft breweries, and the riverfront are all within an easy stroll. And when it's time to commute, quick highway access puts downtown Cincinnati and all of Greater NKY minutes away. Schedule a showing today.

1230 Fisk Street, Covington

$285,000

643639 MLS

Completely renovated duplex with off street parking and large lot. 2/1 upstairs and 2/1 down with a shared basement. Each unit is rented for 1425 a month with about 10 months left on each lease.

1907 Howell Street, Covington

$410,000

2 Beds ⋅ 2 Baths ⋅ 643632 MLS

Welcome to this beautifully updated duplex nestled in one of Covington, Kentucky's most sought-after historic neighborhoods. Where charm meets modern convenience. Whether you're an investor or a first-time buyer looking to offset your mortgage, this property delivers the perfect house-hack opportunity. Both units have been updated with fresh finishes, modern fixtures, and move-in ready interiors that honor the character of the neighborhood while meeting today's lifestyle demands. One unit is currently vacant and ready for immediate owner-occupancy, live in your own space while your tenant helps cover your mortgage. It's homeownership that pays you back. Location is everything, and this property delivers. Situated just minutes from the new IRS Development Site -- one of the most significant economic drivers coming to the greater Cincinnati region -- this address is positioned for long-term appreciation. BUT also just a short stroll from everything that makes Covington legendary: MainStrasse Village, , craft Braxton, Wenzel, shops, and the scenic Covington Riverwalk with views of the Cincinnati skyline. Commuters will love the easy highway access connecting you to downtown Cincinnati, Northern Kentucky. With strong rental demand, a thriving local economy, and a neighborhood that only continues to grow in desirability, this duplex checks every box. Live smart. Build wealth. Own a piece of Covington's history! Set up a showing today.

218 W 5th Street, Covington

$649,900

4 Beds ⋅ 2 Baths ⋅ 643631 MLS

Incredible opportunity in the heart of MainStrasse Village! This mixed use brick building offers the perfect combination of historic charm, modern updates, and an unbeatable location. The property features two storefronts fronting Main Street, offering excellent visibility and abundant natural light through large display windows. A full, usable basement with walkout access provides valuable storage and operational space. Above, you'll find two residential units. The spacious second floor apartment has been beautifully updated and features two bedrooms, a renovated kitchen with stainless steel appliances, granite countertops, and a dedicated in-unit laundry room. The third floor offers an additional two bedroom apartment with long-term tenant, creating multiple income streams and flexibility for investors or owner occupants. Rare for MainStrasse, the property includes a beautiful private courtyard and four off street parking spaces, amenities that significantly enhance both residential and commercial appeal. Located in the center of one of Northern Kentucky's most vibrant districts, you'll be just steps from popular restaurants, bars, shops, and entertainment. Opportunities like this are few and far between. Be in the heart of it all while owning a truly unique MainStrasse property.

Covington

$239,000

643514 MLS

Completely renovated and fully rented duplex. This was a complete rehab that was done with granite, luxury LVP, and quality finishes. Upgraded electrical. Brand new mini splits. All plumbing is brand new inside. Several New Windows. Unit 1 is a one bed one bath approximately 652 sq ft unit rented for 975 a month. Unit 2 is a one bed one bath with an additional large room downstairs that has the kitchen. It is approximately 918 sq ft and is rented for 1,275 a month. Both tenants have roughly 10 months remaining on their leases. Owner pays water. Building to be sold with 201-203 w 19th st.

205 19th St Street, Covington

$490,000

643466 MLS

Large 6 unit building with off street parking for tenants and guests! Located 1000 ft off of Interstate 75, this 6 family property is rented and ready for the next investor. Some of the units have been updated. Immediate cash flow. Currently operating at about an 8.8 percent Cap Rate.

716 Lewis Street, Covington

$79,000

2 Beds ⋅ 2 Baths ⋅ 642937 MLS

Investor special with endless potential! This duplex sits on a double lot and offers multiple opportunities for investors or developers alike. Each unit features 1 bedroom and 1 bathroom. While the property does need renovations, it presents a great chance to add value and build sweat equity. Strong rental demand in the area makes this a solid addition to an investment portfolio, or take advantage of the oversized double lot and nearby development activity to start fresh with new construction. Don't miss the opportunity to unlock the potential of this income-producing property in a rapidly growing area. Selling as-is where-is.

943 John Street, Covington

$125,000

642890 MLS

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.

513 E 16th Street, Covington

$240,000

5 Beds ⋅ 2 Baths ⋅ 642788 MLS

Great investment opportunity in the heart of Covington! This updated duplex offers strong income potential with a desirable mix of occupied and vacant units. The upper-level unit features 2 bedrooms and 1 full bath and is currently leased through May 2027 at $1,200/month, providing immediate rental income and stability. The lower-level unit offers 3 bedrooms and 1 full bath and is rented for $1,200/month. Both units have been updated, and the attached 2-car garage offers additional storage, convenience, or potential for added rental income. Property is being sold as-is.

1107 John Street, Covington

$499,900

642677 MLS

Rare opportunity in the heart of Covington's highly desirable Mainstrasse Village! This beautifully furnished, character-rich multi-family property is currently operating as a successful short-term rental and offers exceptional flexibility for investors or owner-occupants alike. Unit 1 features a stunning first-floor 1-bedroom setup with a spacious living room, eat-in kitchen with stainless steel appliances, stackable laundry, large bedroom, full bath, and direct walkout access to a private courtyard. Unit 2 occupies the entire second and third floors, offering 2 bedrooms, 2 full baths, oversized living spaces, an eat-in kitchen with stainless steel appliances, and an incredible third-floor primary suite complete with a huge bedroom, sitting area, walk-in shower, and clawfoot tub. Overflowing with historic charm and thoughtfully designed throughout, this property is absolutely beautifully furnished, with furnishings available for purchase. Enjoy off-street parking with room to potentially add an additional space, plus a gorgeous courtyard perfect for entertaining. Located just steps from Mainstrasse's popular bars, restaurants, and shops... and only minutes from Downtown Cincinnati... This turnkey property offers location, style, and income potential. Adding even more value, the property includes a transferable, and permanent Zoning Change of Use permit that allows for Short Term Rental operation.. a highly sought-after approval in this area. Buyer will still need to obtain the required STR license.

910 Main Street, Covington

$399,000

4 Beds ⋅ 2 Baths ⋅ 642586 MLS

What a FIND! Gorgeous two family in the heart of Covington. The current owner has restored and upgraded this property with many great amenities including quartz/stainless, refinished hrdwd floors, newer roof and HVACs/mechanicals and much much more. What a perfect way to build equity by living in one and letting the second unit pay most or all of your mortgage. Or buy with a friend and each have your own home. Either way, this is a fantastic opportunity. Schedule a private showing today!

727 Lewis Street, Covington

$815,000

642580 MLS

SOLD WHEN SENT SOLD WHEN SENT

241 W 7th Street, Covington

$300,000

642522 MLS

Gorgeous duplex in up and coming Covington with 6 OFF STREET parking spots with views of the Cincinnati Skyline. Separate HVAC systems, Separate Hot Water Heathers, and Newer Roof. Whether this is a househack or a buy and hold, it will serve you well for years to come

1112 W Pike Street, Covington

$649,900

3 Beds ⋅ 4 Baths ⋅ 642170 MLS

Exceptional renovated triplex in the heart of Covington, KY--just steps from Cincinnati and Main Strasse Village. Zoned mixed use, this offering includes the adjacent vacant lot, creating a rare opportunity for expansion, additional parking, or future development (buyer to verify). Off street parking for six-eight cars! Located one block from the highly anticipated Covington Central Riverfront redevelopment, the property is positioned near future restaurants, retail, housing, and office space, offering strong long-term appreciation potential. Originally built in 1860, this historic property seamlessly blends timeless character with modern updates throughout. The building features three well-appointed units: two 1-bedroom, 1-bath units and one 1-bedroom, 1.5-bath unit, an ideal configuration for tenants, investors, or owner-occupants. Each unit has been thoughtfully renovated to meet today's standards while preserving the charm of the era. The walkable location provides easy access to downtown Covington, Main Strasse Village, Cincinnati's Central Business District, dining, entertainment, and riverfront amenities. Plenty of off street parking for 6 cars in the back parking lot and driveway in front that holds 3 cars. Whether you're an investor seeking a turnkey multifamily in a high-growth area or an owner-occupant looking for flexibility and future development potential, this property delivers history, location, income potential, and additional land in one of Northern Kentucky's most desirable urban corridors.

501 Johnson Street, Covington

$324,900

2 Beds ⋅ 2 Baths ⋅ 642131 MLS

What if your neighbor helped pay your mortgage? At 425 Lehmer Street, that's not a hypothetical. It's already happening. This all-brick historic duplex in the heart of Covington is a proven short-term rental with 150 Airbnb reviews and a 4.8-star combined rating across both units. That income history is real, documented, and transferable to a new owner from day one. Two independent 1BR/1BA units, each with a private entrance, its own kitchen, full bath, and individual HVAC. Separate electric and gas meters. Stackable laundry in each unit stays. Shared basement and backyard. The setup: live in one unit, run the other as a short-term rental, and watch your cost of ownership shrink. A professional property management company is already in place for a seamless transition, or self-manage and keep more of the returns. Want to run both as STRs? The infrastructure and the reviews are already there. Three strategies. One property. House hack it, Airbnb both, or convert to long-term rentals. The numbers support all three. Steps from Mainstrasse Village, Covington's most walkable entertainment district. Minutes to downtown Cincinnati, major highways, and CVG Airport. A proven, turnkey income property with a track record that speaks for itself. Schedule your showing today.

425 Lehmer Street, Covington

$350,000

2 Beds ⋅ 2 Baths ⋅ 642042 MLS

Well-maintained historic duplex with strong potential for owner-occupancy or investment. This beautiful property features classic architectural details, spacious layouts, and abundant natural light throughout both units. Each unit offers separate entrances, full kitchens, and comfortable living spaces, making it ideal to live in one unit while generating rental income from the other. Conveniently located near local amenities, this property blends timeless character with practical opportunity. The photos are of the 2nd floor unit. Buyer to verify all information.

1946 Eastern Avenue, Covington

$295,000

4 Beds ⋅ 2 Baths ⋅ 641860 MLS

BOTH UNITS ARE RENTED. Brick 2 story corner lot duplex ready for any investor looking to have an immediate cash flow to their dossier. 4 bedrooms, 2 bathrooms, and 2 kitchens. Both units have separate systems: 2 HVAC and 2 Central Air systems, 2- 200-amp electric panels, 2 water lines and 2 hot water heaters. New roof, new windows, new tile flooring, hardwood floors and remodeled kitchen. The main floor unit has a stove and refrigerator. The top floor unit has a stove, dishwasher and refrigerator. The basement is divided with a washer and dryer for each unit. Quick response showings are Monday-Wednesday 11am-5pm. No pets. Thursday-Sunday showings please allow 24hr notice. Lease info available upon request. Tenants are responsible for their own utilities. Agent's husband and brother-in-law own the property. Buyers and Buyers agents to verify all information.

1802 Holman Street, Covington

$2,500,000

641855 MLS

Introducing the Banning House at 403 Riverside Drive--an extraordinary and rare riverfront offering along Covington's Historic Riverside Drive and Licking River corridors. Rich in heritage, this Greek Revival residence dates to before 1860, once home to David and Jeremiah Banning, and now presents a compelling opportunity to shape a truly iconic asset. Currently configured as seven apartments with two coach houses, the property offers remarkable flexibility for visionary redevelopment. Envision a grand single-family urban estate, an elegant duplex, or a refined boutique multifamily residence--each possibility capitalizing on its architectural character and prime setting. Perfectly positioned directly across from the Cincinnati skyline, residents will enjoy seamless access to premier dining, entertainment, riverfront recreation, and key employment centers. Walkability and proximity to the Ohio River further elevate its lifestyle appeal. A distinctive and tightly held opportunity, the Banning House represents a rare chance to reimagine a historic riverfront presence along Covington's coveted Gold Coast--where legacy, location, and potential converge. See attached documents.

403 Riverside Drive, Covington

$326,000

4 Beds ⋅ 3 Baths ⋅ 641847 MLS

A unique opportunity for a lovely two family in Wallace Woods that is perfect for an owner occupant. This comes with a long-term tenant on the first floor who pays $900 per month. The unoccupied unit is 3 floors: a large entry with a breathtaking staircase, three bedrooms and two bathrooms that includes an enormous private Owners suite. This unit should lease for $2,000 per month if the next owner decides to lease the entire building. Steps from Wallace Avenue known for its tree lined streets and beautiful historic architecture, this amazing home fits right in. Enjoy triple rounded windows, double front porches and natural woodwork throughout. Large full height basement that can host a workshop and laundry. Utilities are separated except for water/sanitation. This has been a long-term investment for the current owner and has been well maintained. Schedule your appointment today.

2207 Scott Street, Covington

$269,900

4 Beds ⋅ 2 Baths ⋅ 641820 MLS

BOTH UNITS ARE RENTED. Charming 3 story duplex ready for any investor looking to have an immediate cash flow to their dossier. 4 bedrooms, 2 bathrooms and 2 kitchens. Both units have separate systems: 2 HVAC and 2 Central Air systems, 2- 100-amp electric panels, 2 natural gas lines and 2 gas hot water heaters. New roof, new windows, new tile flooring, hardwood floors, new carpeting, remodeled kitchens and bathrooms. Both units have a washer,dryer,stove,dishwasher and refrigerator. The basement is a cellar with an outside entrance. Both units have their own laundry area in their rental. Quick response showings are Monday-Wednesday 11am-5pm. No pets. Thursday-Sunday showings please allow 24hr notice. 3rd floor has central air but tenant put in a window air unit for their own use. Lease info available upon request. The water line is one but could easily become two. The tenants split the cost. Tenants are responsible for their own utilities. Agent's husband and brother-in-law own the property. Buyer and Buyers agents to verify all information

426 Watkins Street, Covington

$182,000

3 Beds ⋅ 2 Baths ⋅ 641770 MLS

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.

1209 W Pike Street, Covington

$582,999

641626 MLS

Charming multi-family property in the heart of Covington with a brand new roof! This historic three-unit building offers a separate washer and dryer in each unit, off-street parking, and private alley access for convenience. 1 unit offers a 1 bed 1.5 bath, 2 unit offers a 2 bed, 1 bath, and the 3 unit is a 1 bed and 1 bath. All units have private entrances, and separately metered HVAC/utilities. Enjoy timeless character and an unbeatable location--just minutes to Downtown Cincinnati and everything the Tri-State has to offer!

1410 Scott Street, Covington

$434,900

3 Beds ⋅ 2 Baths ⋅ 641603 MLS

Amazing multifamily opportunity in the heart of Historic MainStrasse Village in Covington, KY! This charming property features two well appointed units--Unit 1 offers a spacious 1 bedroom, 1 bath layout, while Unit 2 includes 2 bedrooms and 1 bath. Both units feature beautiful hardwood floors, walk-in closets, in-unit laundry and private decks perfect for relaxing or entertaining. Off-street parking pad adds convenience for Unit 2. Ideally located just steps from the vibrant shops, restaurants and entertainment of MainStrasse Village, making this a fantastic investment in Covington's most walkable and sought after neighborhoods! Achosa warranty included.

326 W 8th Street, Covington

$180,000

641486 MLS

Wallace Woods - Fully occupied 2-family investment property at 2017 Scott St featuring one 2-bedroom, 1-bath unit rented for $1,100/month and one 1-bedroom, 1-bath unit rented for $800/month. Both units have separate gas and electric meters, with landlord responsible only for water and sanitation. Property includes separate high-efficiency furnaces and central A/C systems for each unit. Tenants are currently on month-to-month leases, offering flexibility for an investor or owner-occupant. Great opportunity to add a cash-flowing property to your portfolio.

2017 Scott Street, Covington

$230,000

2 Beds ⋅ 2 Baths ⋅ 641449 MLS

Versatile brick duplex in Covington with strong income potential! Featuring two 1-bedroom, 1-bath units with separate heat and electric. Unit 1 has been recently updated with a tenant on a month to month lease paying $1100 as of 5/1. Unit 2 is move in ready with recent updates of paint, carpet & kitchen. Additional features include covered off-street parking, basement access for the lower unit, and exterior paint completed in 2023. Conveniently located near downtown Covington and Cincinnati, this property is ideal for both investors and owner-occupants to either generate income or offset living expenses.

1706 Eastern Avenue, Covington

$583,000

6 Beds ⋅ 4 Baths ⋅ 641443 MLS

This incredible 4 family building, in the Mutter Gottes district, offers the perfect blend of historic charm, modern updates, and a prime location! Current owners have invested over $200k since purchasing the property in 2021. Unit 402 and 404 have been completely renovated. Both have in-unit stackable washer/dryer. Units 406 and 408 were renovated prior to current ownership. Both units have laundry hookups in the basement.

402-408 Johnson Street, Covington

$717,000

6 Beds ⋅ 6 Baths ⋅ 641441 MLS

This incredible 4 family building, in the Mutter Gottes district, offers the perfect blend of historic charm, modern updates, and a prime location! This building sits directly across the street from the $500 million Covington Riverfront Development. Current owners have invested over $400k since purchasing the property in 2021. Every unit in the building was completely renovated. Beautiful hardwood floors, exposed brick, custom trim throughout, granite countertops, and stainless steel appliances. Units 229 and 235 have finished lower levels with in-unit laundry. Unit 233 has a stackable washer/dryer in the bedroom. The short term rental was professionally designed/decorated. Everything will convey - furniture, artwork, TV in the lower level, washer/dryer, etc

229-235 W 4th Street, Covington

$229,000

2 Beds ⋅ 2 Baths ⋅ 641172 MLS

Turnkey duplex in a convenient Northern Kentucky location offering immediate flexibility and upside. One unit is vacant--ideal for owner-occupants or investors looking to set market rent--while the other unit is currently leased on a month-to-month basis, providing income with flexibility. Well-maintained property with strong rental potential, making it a great fit for house hackers or investors seeking a low-maintenance addition to their portfolio. Easy access to local amenities, highways, and downtown Cincinnati.

115 E 30th Street, Covington

$269,000

5 Beds ⋅ 2 Baths ⋅ 641088 MLS

Versatile duplex in a convenient Covington location offering strong potential for both investors and owner-occupants. The property features a 2-bedroom, 1-bath unit along with a larger 3-bedroom, 1-bath unit that offers the potential to be converted into a 4-bedroom layout. In addition to its multi-family use, the home presents a unique opportunity to be converted back into a spacious single-family residence, providing flexibility for a variety of living or investment strategies. Ideally situated near local amenities, dining, and downtown access, this property offers both functionality and long-term upside. Both tenants are month-to-month.

802 Philadelphia Street, Covington

$699,900

4 Beds ⋅ 6 Baths ⋅ 640978 MLS

Welcome to 1039 Lee Street - an exceptional, fully occupied 4-unit investment property ideally positioned on a corner lot just steps from everything Covington has to offer! Whether you're expanding your portfolio or looking for a turnkey asset in a prime location, this one checks all the boxes. The building features a strong unit mix with two spacious 2-bedroom, 1.5-bath units and two efficiency units each with a full bath. Every unit has been thoughtfully updated, blending historic character with modern appeal, highlighted by restored flooring, exposed brick walls, and updated finishes throughout. Tenants enjoy the convenience of separate utilities and in-unit laundry, adding to the property's long-term desirability and ease of management. Outside, a fenced courtyard provides inviting shared outdoor space, while two off-street parking spots offer added value in this walkable, high-demand area. Don't miss your opportunity to own a well-maintained, income-producing property in the heart of it all.

1039 Lee Street, Covington

$195,000

3 Beds ⋅ 2 Baths ⋅ 640923 MLS

Excellent investment opportunity in the charming community of Latonia. Versatile two-family home offers endless potential for both investors and owner-occupants alike. Featuring two separate units with independent utilities, this property provides flexibility and convenience. The first unit includes two spacious bedrooms and one full bathroom, highlighted by an updated bath with classic subway tile and new vinyl plank flooring in both the kitchen and bathroom. The second unit offers a comfortable one-bedroom, one-bath layout, complete with stylish barn doors and a cozy front porch and level backyard--perfect for relaxing. Ideally situated within walking distance to public transportation, local shops, and dining, this property is perfectly positioned for tenant appeal. Both units are currently leased on a month-to-month basis, offering future flexibility of income. Laundry hook up in basement. Showings require a minimum of 24-hour notice. Tenants may be willing to stay.

318 E 42nd Street, Covington

$425,000

6 Beds ⋅ 4 Baths ⋅ 640859 MLS

Fully refreshed two-family opportunity offering flexibility for both owner occupants and investors - both units are vacant and ready for immediate occupancy or leasing. Each unit lives with the feel and functionality of a single-family home, featuring multiple levels of finished space and thoughtful updates throughout, including new luxury vinyl plank flooring, fresh carpet and paint, and updated fixtures. Unit 1 offers 2 bedrooms and 2 full baths and a clean, modern feel. Unit 2 expands across multiple levels with 4 bedrooms, 2.5 baths, and a flexible bonus space ideal for a study or potential fifth bedroom. The entire third floor is dedicated to a private primary suite with dual vanities, an expansive tiled shower, and generous living space. Both units include in-unit laundry. A welcoming front porch adds curb appeal, while the rear walkout opens to a spacious patio and fully fenced yard with privacy fencing, offering great outdoor space. Convenient location with strong potential for house hacking, multi-generational living, or long-term investment.

1402 Scott Street, Covington

$130,000

3 Beds ⋅ 3 Baths ⋅ 640769 MLS

Great Investment Opportunity - Duplex with Strong Rental Income! Don't miss your chance to grow your investment portfolio with this income-producing property! This duplex features two separate units that generates a combined monthly income of $2095. 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 tenants move-in. Buyer/Buyer's Agent to verify all information

122 W 32nd Street, Covington

$950,000

640684 MLS

STUNNING 6 unit building on one of Covington's preeminent streets!! All 6 apts have been completed remodeled with new granite countertops, high end lighting, remodeled bathrooms, refinished hardwood floors and in unit washer/dryers!! This unique building has soaring ceiling heights and either walk out porches or balconies for each apartment!! Repaved parking lot in the back of building offers off-street parking for each tenant! This well-maintained building is easy to rent and attracts a professional renter looking to be close to Covington's restaurant and entertainment district, while at the same time enjoying the amenities of being on this beautiful tree-lined street!! Gross annual rents 110k!!!

522- 524 Garrard Street, Covington

$289,900

3 Beds ⋅ 2 Baths ⋅ 640640 MLS

First time available in decades! Private 1-story duplex with ample off street parking*Each unit includes storage and private patio access*One 1 bedroom/1 bath unit and One larger 2 bedroom unit 1 bath featuring WBFP in the living room and formal dining/flex space*

2605-2607 Eastern Avenue, Covington

$489,000

6 Beds ⋅ 3 Baths ⋅ 640605 MLS

Nicely update 2 unit building with a 1 unit above the garages. All units have been remodeled. Close to bustling, downtown Covington and Newport. 10 foot ceiling throughout. Hardwood in units 1 & 2.

1523 Greenup Street, Covington

$165,000

4 Beds ⋅ 2 Baths ⋅ 640263 MLS

Calling All Investors! Duplex available in the Heart of Covington. Both Units Currently Rented on Month to Month Leases. Unit 1 - $925/Mo. Unit 2 vacating 03/31/2026. Unit 2 rent was $900/Mo. $21,900 in Gross Annual Rents. Both units are Two-Bedroom One-Bathroom. Both units Were Painted with New Luxury Vinyl Plank & Carpet Flooring in September 2024 Prior to Current Tenant's Occupancy. (Interior Photos From That Time). Property is being sold as-is. Convenient location. This is a strong performer to add to your portfolio.

2716 James Avenue, Covington

$255,000

3 Beds ⋅ 3 Baths ⋅ 640239 MLS

Welcome to 328 Bush Street in Covington (41011) -- where smart ownership meets opportunity. This three-unit triplex is perfectly positioned for a buyer who wants more than just a place to live. Our main goal here? House hack it. Live in one unit and let the other two help cover your mortgage. Instead of carrying 100 percent of your housing cost alone, you step into ownership with built-in support. Current rents are strong: the front first-floor unit brings in $1,100 per month, the rear first-floor unit rents for $900, and the upstairs unit commands $1,600 if not owner-occupied. That's up to $3,600 per month in gross income potential. If you live upstairs, the two lower units generate $2,000 monthly to offset your payment. At a list price of $250,000, this creates an approachable entry point for a young buyer, first-time homeowner, or savvy investor who understands long-term strategy. Instead of asking, ''Can I afford this mortgage?'' the better question becomes, ''How much of my mortgage is already covered?'' The owner currently pays all utilities. Significant improvements have been completed across all three units, including renovated kitchens and bathrooms, updated flooring, refreshed doors and entry points, and an exterior deck that adds usable outdoor space and tenant appeal. Located in desirable 41011, close to downtown Cincinnati and everything Covington offers, demand for well-maintained rental units remains strong. Live in it now. Let it support you. Move later and convert to a fully income-producing property. Three units. Multiple income streams. A strategy that grows with you.

328 Bush Street, Covington

$295,000

4 Beds ⋅ 2 Baths ⋅ 640119 MLS

Well cared for 2 family home - Great opportunity For Owner Occupant or investor. This charming duplex features 2 spacious units, each with private laundry in the basement and separate utilities (owner pays water/sewer). 1st floor apt is leased through 2026 at $1250/mo. The 2nd and 3rd floor unit is currently vacant, ready for owner occupant or new tenant. Both units offer thoughtful updates, generous layouts, plenty of natural light and shared access to backyard. Located less than 5 min from Mainstrasse Village and 10 min to downtown.

2010 Howell Street, Covington

$240,000

3 Beds ⋅ 1 Baths ⋅ 639935 MLS

Excellent investment opportunity in Latonia (Covington, KY 41015)! This multi-family property is generating $2,480 per month in rental income, making it a strong addition to any portfolio. The property features two units: one 2-bedroom, 1-bath unit and one 1-bedroom, 1-bath unit, offering solid rental demand and flexibility. Tenant pays all utilities. Whether you're expanding your portfolio or looking to live in one unit while collecting income from the other, this property offers immediate cash flow potential. Conveniently located near local amenities, shopping, and major roadways. Don't miss this income-producing opportunity! Buyer to verify all information.

109 Daniels Street, Covington

$200,000

3 Beds ⋅ 2 Baths ⋅ 639506 MLS

Turnkey Duplex Opportunity Discover the perfect addition to your portfolio. This duplex offers a rare blend of suburban tranquility and immediate urban access. Tucked away on a quiet lot, this property features two move-in-ready units: a spacious 2BR/1BA and a cozy 1BR/1BA. Truly Turnkey: Freshly painted and professionally cleaned, ready for immediate occupancy and cash flow. The Location: Enjoy a peaceful setting just minutes from I-75/I-71, and the vibrant Cincinnati skyline. Designated parking!!! A high-demand amenity that significantly boosts tenant retention and rental value. Perfect for owner-occupants! This property may qualify for Down payment assistance through KHC (Kentucky Housing Corporation) programs. Whether you're looking to build your real estate empire or live in one unit while the other pays your mortgage, this is the opportunity you've been waiting for. Schedule your showing today!

406 E 38th Street, Covington

$222,500

3 Beds ⋅ 2 Baths ⋅ 639270 MLS

Updated and Nicely Maintained Duplex Offering a One Minute Walk to Nearby Glenn O Swing Elementary School and Dining! Fantastic Move-in Ready Investment Opportunity Featuring 2 Bed/1 Bath Unit and 1 Bed/1 Bath Unit. Newer Windows, Water Heater and One out of Two Furnaces. Newer Flooring and Paint. Multiple Walk-outs. Second Unit Boasts Walk-in Pantry and Balcony. Off and On Street Parking. Full Basement with Walk-up. Short Drive to Downtown Covington and Expressway.

603 Highland Pike, Covington

$175,000

3 Beds ⋅ 2 Baths ⋅ 638911 MLS

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. Current rents are under market at $800 and $850 and tenants are MTM. $5000 worth of plumbing work was just completed by sellers in December 2025.

15 E 41st Street, Covington

$470,000

3 Beds ⋅ 2 Baths ⋅ 638296 MLS

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 more cars. The upper unit currently rents for $1,600 and will be vacant 1.1.26. Each unit pays gas and electric. The lower unit pays water for the entire building. Showings are available everyday for the first floor, however, to see the second floor unit you will need to schedule Monday or Thursday from 5-7pm or Saturday noon-2pm. All kitchen appliances and washer/dryer stay.

328 W 6th Street, Covington

$220,000

637682 MLS

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 apartment is fully updated currently rented for $1200/month with a spacious deck while the zoning offers a ton of flexibility for a multitude of businesses.

3627 Decoursey Avenue, Covington

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