634 Greenup Street, Covington, KY 41011

Local realty services provided by:ERA Real Solutions Realty
634 Greenup Street,Covington, KY 41011
$675,000
  • 5 Beds
  • 6 Baths
  • 3,531 sq. ft.
  • Multi-family
  • Active
Listed by: lauren wessel
Office: keller williams advisors
MLS#:640075
Source:KY_NKMLS

Price summary

  • Price:$675,000
  • Price per sq. ft.:$191.16

About this home

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.

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Home facts

  • Listing ID #:640075
  • Added:1 day(s) ago
  • Updated:February 24, 2026 at 04:58 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:6
  • Full bathrooms:5
  • Half bathrooms:1
  • Living area:3,531 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Hot Water

Structure and exterior

  • Building area:3,531 sq. ft.
  • Lot area:0.1 Acres

Schools

  • High school:Holmes Senior High
  • Middle school:Holmes Middle School
  • Elementary school:First District Elementary

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$675,000
  • Price per sq. ft.:$191.16
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