Listing provided courtesy of Sparen Realty- MLS# 643632MLS Provider

218 W 5th StreetCovington, KY 41011

Multi-Family · 2 Beds · 2 Full Baths · 1,664 Sq. ft. | 0.04 Acres
$410,000 Active

218 W 5th Street Overview

Time on Site:
18 days
Visits:
1

Welcome to this beautifully updated duplex nestled in one of Covington, Kentucky's most sought-after historic neighborhoods. Where charm meets modern convenience. Whether you're an investor or a first-time buyer looking to offset your mortgage, this property delivers the perfect house-hack opportunity. Both units have been updated with fresh finishes, modern fixtures, and move-in ready interiors that honor the character of the neighborhood while meeting today's lifestyle demands. One unit is currently vacant and ready for immediate owner-occupancy, live in your own space while your tenant helps cover your mortgage. It's homeownership that pays you back. Location is everything, and this property delivers. Situated just minutes from the new IRS Development Site -- one of the most significant economic drivers coming to the greater Cincinnati region -- this address is positioned for long-term appreciation. BUT also just a short stroll from everything that makes Covington legendary: MainStrasse Village, , craft Braxton, Wenzel, shops, and the scenic Covington Riverwalk with views of the Cincinnati skyline. Commuters will love the easy highway access connecting you to downtown Cincinnati, Northern Kentucky. With strong rental demand, a thriving local economy, and a neighborhood that only continues to grow in desirability, this duplex checks every box. Live smart. Build wealth. Own a piece of Covington's history! Set up a showing today.

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218 W 5th Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 1,664
  • Price/Sq.ft. $246
  • Lot 0.04 Acres

Details

General

School Information

  • Elementary School: John G. Carlisle Elementary
  • Middle Or Junior School: Holmes Middle School
  • High School: Holmes Senior High

Building Information

  • New Construction: No
  • Sewer: Public Sewer: true

Location/Region

  • County Or Parish: Kenton
  • MLS Area Major: K01 - Covington North
  • MLS Area Minor: K01 - Covington North

Parking Information

  • Parking Features: On Street: true

Rent/Lease Information

  • Tenant Pays: Electricity, Gas, Heat

General Information

  • Parcel Number: 054-21-08-022.00
  • Property Condition: Existing Structure
  • Property Sub Type: Multi Family
  • Property Type: MultiFamily

Interior

Building Information

  • Cooling: Central Air: true
  • Cooling: Ductless: true
  • Heating: Forced Air: true

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 2

Building Interior

  • FloorPlansChangeTimestamp: 2026-06-16T00:51:30Z

General Information

  • Appliances: Electric Range, Dishwasher, Microwave, Refrigerator
  • Electric: 200+ Amp Service
  • Fireplace Features: Brick
  • Fireplace: No
  • Foundation Details: Stone
  • Laundry Features: In Unit
  • Living Area: 1664.0

Exterior

Parking Information

  • Parking Features: On Street

Lot Information

  • Lot Features: Near Public Transit
  • Lot Size Dimensions: 25x65
  • Lot Size Square Feet: 1650.0
  • Lot Size Units: Acres
  • Water Source: Public

Waterfront/View

  • View: Neighborhood
  • View: Neighborhood: true

Building Exterior/Construction

  • Attached Garage: No
  • Construction Materials: Brick
  • Roof: Membrane

General Information

  • Fencing: Partial
  • Number Of Units Total: 2
  • Sewer: Public Sewer
  • Utilities: Cable Available, Natural Gas Available, Underground Utilities

218 W 5th Street Neighborhood

Community

41011 (Covington) Demographics

37
Median Age
3,625
Population Density (per sq. mile)
46%
College Educated
$49,317
Estimated Median Income
5,453
Estimated Total Home Owners
6,907
Estimated Total Renters
44% / 56%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

218 W 5th Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

218 W 5th Street Market Data

Based on the last 30 days in this zip code

$512,144
Average List Price
$558
Average Price per Square Foot
33
Properties Sold
70
Average Days on Market
111
Properties for Sale
Calculations provided by Reliance Network

218 W 5th Street History

Date Event Value Agent
6/23/2026Source: Northern Kentucky MLS Price Reduction
$410,000 -3.5%
6/12/2026Source: Northern Kentucky MLS Added to Database
June 12, 2026