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Listed price in listed location currency (USD).
$675,000

560

MLS® 640075

Open House
Thu Feb 26, 10:30-11:30 PM UTC
  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size 3531 sqft
Garage No
HOA Fees 
Taxes 
Days Active 0
Approx. Age 
Avg. Price Per Sqft $191
MLS® Number 640075

Property Address: 634 Greenup St, Covington, KY, 41011-2552

Average square foot calculated using Size range provided by listing agent.

Description

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. Approx. 5.9 percent cap rate based on historical performance with potential for future rent growth. Financials available upon request. 24-hour notice required for showings.
MLS® Number640075
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelCoin Laundry
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 24, 2026List Date
$675,000List Price
  • Commute

Commute

Starting Address
Destination Address
634 Greenup St, Covington, KY

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