661 W Pike Street Covington, KY $ 465,000
661 W Pike Street
$ 465,000
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661 W Pike Street

Covington, KY, 41011
$ 465,000
Bedrooms8 Baths3.0

Monthly Estimate*

$ 2,936

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Multi-Family Home for sale in Covington, KY

for $465,000 with 8 bedrooms and 3 full baths. This home was built in 1890 on a lot size of 0.07.

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

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Multi-Family Active

Price

$ 465,000

Bedrooms

8

Full Bath

3

Property Type

Multi-Family

Taxes

$ 0

Style

Apartment

Lot Size

0.07

Year Built

1890

Town/City

Covington

County/Region

Kenton

MLS | Web ID

644298

Features
Interior
Interior Amenities Walk-In Closet(s) Storage
Basement Full
Kitchen Appliances Electric Range Refrigerator
Air Conditioning Y/N No
Heating Y/N Yes
Window Features Wood Frames Aluminum Clad Window(s)
Fireplace Y/N No
Total Bathrooms 3.0
Total Baths 3
Total Bedrooms 8
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General
Sewer Public Sewer
Heating Baseboard Electric See Remarks Natural Gas
Cooling None
Roof Shingle Metal
Garage Spaces 0.0
Security Features Smoke Detector(s) Fire Escape
Construction Materials Brick
Full Baths 3
Half Baths 0
Year Built 1890
Tenant Pays Electricity Gas
Levels Three Or More
Property Subtype Apartment
Accessibility None
County Kenton
New Construction No
Property Type D
Attached Garage No
Status Active
Directions Take exit 192 onto W 5th St toward Covington/Newport Drive to W Pike St
High School Holmes Senior High
City Covington
School District Covington Indep
Number Of Units Total 5
MLS Area K01 - Covington North
Lot Size Units Acres
Lot Size Square Feet 3066.0
Elementary School John G. Carlisle Elementary
Home Warranty Y/N No
Middle/Junior High School Holmes Middle School
Property Condition Existing Structure
MLS Area Minor K01 - Covington North
Structure Type Apartment
Standard Status Active
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Exterior
Parking Features On Street
Lot Features Corner Lot Near Public Transit
Water Source Public
Lot Size Area 0.07
Foundation Details Stone
Lot Dimensions 70x42
Lot Size Acres 0.07
Land Lease Type Fee
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* Excluded Features
List By
Sibcy Cline, Realtors-Cc

Broker

gcrase@sibcycline.com

Email

Affordability Calculator

$2,936
Per Month
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0%
0%
Monthly Principal & Interest
$2,936
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3163856 Elementary School
3163344 Middle School
Holmes Senior High High School
Pricing History
DatePricePrice ChangeDescription
7/3/2026$425,000 Listed Price

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661 W Pike Street, Covington, KY, 41011 is a Multi-Family Home for sale at $465,000 with a lot size of 0.07. 661 W Pike Street has 8 bedrooms, 3.0 baths, and was built in 1890. The property's zip code is 41011 which is in Covington, KY