Fantastic opportunity! Gross potential rent on this building is $1800/mo. Well maintained 3 family owned by current owner for 40 years, 2000 sqft. Water heaters only 1-2 years old. New Roof! Back unit is large, partially detached and ideal for owner occupied property or lease for $800/mo. Owner has 13 Unit- 6 properties listed for a package price of $399,000 GPR $6295/mo. Cap rate 10.5%! Hurry! This is an exceptional price.
Sold for $141,461
$141,461
118 E 32nd St, Covington, KY 41015
5beds
2,000sqft
MultiFamily
Built in 1927
-- sqft lot
$254,900 Zestimate®
$71/sqft
$1,557 Estimated rent
Home value
$254,900
$204,000 - $306,000
$1,557/mo
Zestimate® history
Owner options
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$1,557/mo
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$1,557/mo
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$936/mo
Est. payment
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$936/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced air, Gas
Cooling
- Wall
Appliances
- Included: Range / Oven, Refrigerator
Features
- Has fireplace: Yes
Interior area
- Total interior livable area: 2,000 sqft
Property
Parking
- Parking features: None
Features
- Exterior features: Stucco
Lot
- Size: 9,631 sqft
Details
- Parcel number: 056310801700
- Zoning: Multi Family, Residential
Construction
Type & style
- Home type: MultiFamily
Materials
- Foundation: Concrete Block
- Roof: Composition
Condition
- Yes
- Year built: 1927
Utilities & green energy
- Gas: Natural
- Sewer: Public
- Water: Public
Community & neighborhood
Location
- Region: Covington
Other
Other facts
- Gas: Natural
- Roof: Shingle
- Sewer: Public
- Water Source: Public
- Windows: Wood, Vinyl, Aluminum
- Property Type: Multi Fam 2-4 Units
- Construction: Vinyl, Aluminum
- Cooling: Window Unit
- Degree Complete: Existing Structure
- Foundation: Stone
- Zoning: Multi Family, Residential
- Parking: Lot
- Separate Gas & Elec: Yes
- Separate Air Cond: Yes
- Separate Furnace: Yes
- Property Condition: Yes
- Tax ID#: 056-31-08-017.00
Price history
| Date | Event | Price |
|---|---|---|
| 10/30/2025 | Sold | $141,461+166.9%$71/sqft |
Source: Public Record Report a problem | ||
| 2/6/2019 | Sold | $53,000-24.3%$27/sqft |
Source: Public Record Report a problem | ||
| 12/27/2018 | Listed for sale | $70,000$35/sqft |
Source: RE/MAX Preferred Group #515852 Report a problem | ||
| 11/26/2018 | Pending sale | $70,000$35/sqft |
Source: RE/MAX Preferred Group #515852 Report a problem | ||
| 11/21/2018 | Listed for sale | $70,000$35/sqft |
Source: RE/MAX Preferred Group #515852 Report a problem | ||
| 11/13/2018 | Pending sale | $70,000$35/sqft |
Source: RE/MAX Preferred Group #515852 Report a problem | ||
| 11/2/2018 | Price change | $70,000-21.3%$35/sqft |
Source: RE/MAX Preferred Group #515852 Report a problem | ||
| 9/11/2018 | Listed for sale | $89,000$45/sqft |
Source: RE/MAX Preferred Group #515852 Report a problem | ||
| 8/28/2018 | Pending sale | $89,000$45/sqft |
Source: RE/MAX Preferred Group #515852 Report a problem | ||
| 5/22/2018 | Listed for sale | $89,000$45/sqft |
Source: RE/MAX Preferred Group #515852 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,184 -1.3% | $90,000 |
| 2023 | $1,199 +0.8% | $90,000 |
| 2022 | $1,189 -2.6% | $90,000 +12.5% |
| 2021 | $1,220 -21.3% | $80,000 |
| 2020 | $1,551 | $80,000 +50.9% |
| 2019 | $1,551 +4.2% | $53,000 -42.4% |
| 2018 | $1,489 | $92,000 |
| 2017 | $1,489 -25.6% | $92,000 |
| 2015 | $2,001 +11.9% | $92,000 |
| 2014 | $1,788 | $92,000 |
| 2013 | $1,788 | $92,000 |
| 2012 | -- | $92,000 |
| 2011 | -- | $92,000 |
| 2010 | -- | $92,000 +9.5% |
| 2004 | -- | $84,000 |
Find assessor info on the county website
Neighborhood: 41015
Nearby schools
GreatSchools rating
- 3/10Ninth District Elementary SchoolGrades: K-5Distance: 0.4 mi
- 3/10Holmes Middle SchoolGrades: 6-8Distance: 0.6 mi
- 1/10Holmes High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- Middle: Two Rivers Middle School
- High: Holmes Senior High
- District: Covington Independen
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$254,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$254,900
- Kentucky
- Kenton County
- Covington
- 41015
- 118 E 32nd St
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