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513 E 16th Street, Covington, KY 41014

MLS# 642890 Active Source MLS Verified

$99,000

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0 Beds
0 Baths
1,792 Sq Ft
meeting_room
3 Total Rooms
calendar_month
N/A Year Built
grass
0.05 Acres
paid
$55 Per Sq Ft
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No Has HOA

About This Home

Up for Auction! This income-producing duplex presents an excellent opportunity for both owner-occupants and investors alike. Conveniently located near downtown Covington's restaurants, entertainment, shopping, and commuter routes, this property offers flexibility and strong potential. The first-floor unit is currently vacant and newly rehabbed, featuring 2 bedrooms, updated finishes, a spacious kitchen, and a dedicated laundry room with washer/dryer hookups. A new furnace has also been installed, making the unit move-in or rent-ready immediately. The second-floor unit is occupied by a month-to-month tenant paying $930/month, providing immediate rental income. This 1-bedroom unit includes central air conditioning, and the property features separately metered gas and electric utilities. Whether you're looking to live in one unit while generating rental income from the other, or add a cash-flowing property to your portfolio, this duplex offers a great opportunity in a growing area. Auction ends 6/4/26 at 6PM. 10 percent buyers premium. Must adhere to terms and conditions prior to bidding.

Facts & Features

home Property Details

Home Type MultiFamily
Sub Type Apartment
Construction Aluminum Siding
Roof Shingle
Foundation Stone

landscape Lot Information

Lot Size 0.05 Acres
Lot Sq Ft 2,310 sq ft
Dimensions unk
Lot Features Near Public Transit

garage Parking & Garage

Garage Spaces 0
Parking Features On Street

chair Interior Features

Appliances None

thermostat Heating & Cooling

Heating Forced Air, Natural Gas
Cooling Central Air

electrical_services Utilities

Water Public
Sewer Public Sewer

school Schools

Elementary Sixth District Elementary
Middle Holmes Middle School
High School Holmes Senior High
District Covington Indep

Estimated Monthly Payment

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location_on Location

Address 513 E 16th Street, Covington, KY 41014
County Kenton

Property History

Date Event Price
05/22/2026 sell Listed for Sale $99,000
05/23/2026 schedule 1 Day on Market $99,000

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