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8 Beds
3 Baths

$465,000

661 W Pike Street, Covington KY, 41011

Price per sqftN/A
Built in1890
Property typeCondominium

Overview

Active

Listed Jul 3, 2026

Updated Jul 7

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

$3,094/mo

Est. mortgage payment based on a $465,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
644298

Interior Features

Bedrooms
8
Bathrooms
3
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.07 Acres

Courtesy of Sibcy Cline, REALTORS-CC, Greg Crase,
Listing Contact: 859-743-5056 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Dwell Well Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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