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634 Greenup St, Covington, KY, 41011

5beds
6baths
3,531sqft
$650,000
$184price/sqft
$4,523/moest. monthly cost
$180,920/yrincome needed

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. Financials available upon request. 24-hour notice required for showings.

Getting Around

91
WalkingWalker's Paradise
44
TransitSome Transit
63
BikeBikeable

Schools

3/10
Holmes Middle SchoolGrades 6-81.6 mi
1/10
Holmes High SchoolGrades 9-121.6 mi

Construction

Condition

  • Property condition: Existing Structure

Materials

  • Foundation: Block
  • Roof: Shingle
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family,Apartment

Interior

Appliances

  • Appliances included: Gas Range,Refrigerator
  • Laundry features: Coin Laundry

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 6
  • Full bathrooms: 5
  • 1/2 bathrooms: 1

Features

  • Eat-in Kitchen
  • Window features: Wood Frames

Heating & Cooling

  • Heating features: Hot Water
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,531
  • Total interior livable area: 3,531 sqft

Property

Details

  • Parcel number: 0542318 010.00
  • Zoning description: Residential

Features

  • Levels: Three Or More
  • Stories: 3

Lot

  • Lot size: 4,356 sqft
  • Lot size dimensions: 95 x 50

Parking

  • Parking features: On Street
  • Has uncovered spaces: Yes