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1039 Lee St, Covington, KY, 41011

4beds
6baths
3,438sqft
$699,900
$204price/sqft
$4,843/moest. monthly cost
$193,720/yrincome needed

About This Home

Welcome to 1039 Lee Street - an exceptional, fully occupied 4-unit investment property ideally positioned on a corner lot just steps from everything Covington has to offer! Whether you're expanding your portfolio or looking for a turnkey asset in a prime location, this one checks all the boxes. The building features a strong unit mix with two spacious 2-bedroom, 1.5-bath units and two efficiency units each with a full bath. Every unit has been thoughtfully updated, blending historic character with modern appeal, highlighted by restored flooring, exposed brick walls, and updated finishes throughout. Tenants enjoy the convenience of separate utilities and in-unit laundry, adding to the property's long-term desirability and ease of management. Outside, a fenced courtyard provides inviting shared outdoor space, while two off-street parking spots offer added value in this walkable, high-demand area. Don't miss your opportunity to own a well-maintained, income-producing property in the heart of it all.

Getting Around

88
WalkingVery Walkable
40
TransitSome Transit
64
BikeBikeable

Schools

3/10
Holmes Middle SchoolGrades 6-81.4 mi
1/10
Holmes High SchoolGrades 9-121.4 mi

Construction

Condition

  • Property condition: Existing Structure

Materials

  • Foundation: Stone
  • Roof: Asphalt,Shingle
  • Construction materials: Brick

Type & Style

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

Interior

Appliances

  • Appliances included: Washer/Dryer Stacked,Electric Range,Dishwasher,Dryer,Microwave,Refrigerator,Washer
  • Laundry features: In Unit

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 6
  • Full bathrooms: 4
  • 1/2 bathrooms: 2

Features

  • Storage,Open Floorplan,Kitchen Island,High Speed Internet,Granite Counters,Entrance Foyer,Eat-in Kitchen
  • Window features: Aluminum Clad Window(s),Double Hung
  • Fireplace features: Inoperable
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Multi Units,Central Air

Interior Area

  • Total structure area: 3,438
  • Total interior livable area: 3,438 sqft

Property

Details

  • Parcel number: 0542208017.00
  • Zoning description: Multi Family

Features

  • Levels: Three Or More
  • Stories: 3
  • Patio & porch: Patio
  • Fencing: Privacy,Wood
  • Has view: Yes
  • View description: Neighborhood

Lot

  • Lot size: 3,484 sqft
  • Lot size dimensions: 35 x 97

Parking

  • Parking features: Driveway,Off Street
  • Has uncovered spaces: Yes