1209 W Pike Street, Covington, KY 41011
- $182,000
- 3
- BD
- 2
- BA
- 2,260
- SqFt
- Sold Price
- $182,000
- List Price
- $199,900
- Closing Date
- Jul 02, 2026
- MLS#
- 641770
- Status
- SOLD
- County
- Kenton
- City
- Covington
- Bedrooms
- 3
- Bathrooms
- 2
- Living Area
- 2,260
- Acres
- 0.14
Property Description
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.
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Additional Information
- Year Built
- 1910
- Cooling
- Window Unit(s)
- Heating
- Baseboard, Electric, Forced Air, Natural Gas
- Roof
- Shingle
- School District
- Covington Indep
- Elementary School
- John G. Carlisle Elementary
- Middle School
- Holmes Middle School
- High School
- Holmes Senior High
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Listing courtesy of Plum Tree Realty. Selling Office: Outside Sales.