661 W Pike Street Covington, KY 41011
Listing Courtesy of: NORTHERN KENTUCKY / Listed By: Greg Crase, Campbell County

  661 W Pike Street Covington, KY 41011

Active (4 Days)
$465,000 (USD)
8
BED
3
BATH

Description

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

MLS #:
644298
Lot Size
3,066 SQFT
Type
Multifamily
Year Built
1890
County
Kenton County

Listed By

Greg Crase, Campbell County
Source
NORTHERN KENTUCKY
Last checked Jul 7 2026 at 10:22 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 3
Interior Features
  • Refrigerator
  • Electric Range
Lot Information
  • Corner Lot
  • Near Public Transit
Property Features
  • Foundation: Stone
Heating and Cooling
  • Electric
  • Baseboard
  • See Remarks
  • Natural Gas
  • None
Basement Information
  • Full
Utility Information
  • Sewer: Public Sewer
School Information
  • Elementary School: John G. Carlisle Elementary
  • Middle School: Holmes Middle School
  • High School: Holmes Senior High
Parking
  • On Street
Location
   
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Disclaimer: Copyright 2026 Northern Kentucky MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 7/7/26 03:22