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For sale
  • Price cut: $15K (6/23)
    $410,000

    218 W 5th St, Covington, KY 41011

    2beds
    1,664sqft
    : 
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    Multi Family, Duplex
    Built in ----
    -- sqft lot
    $-- Zestimate®
    $246/sqft
    $-- HOA

    What's special

    Modern fixturesFresh finishesMove-in ready interiorsBeautifully updated duplex
    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.
    17 days
    |
    884
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    38
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    Zillow last checked:

    Listing updated:

    Listed by:

    Christine Wesdorp 859-394-3254,

    Sparen Realty

    Source: NKMLS,MLS#: 643632MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • See Remarks, Forced Air, Individual
      Cooling
      • Ductless, Central Air
      Appliances
      • Included: Electric Range, Dishwasher, Microwave, Refrigerator
      • Laundry: In Unit
      Features
      • Windows: Aluminum Clad Window(s), Vinyl Frames
      • Basement: Full
      • Has fireplace: Yes
      • Fireplace features: Brick
      Interior area
      • Total structure area: 1,664
      • Total interior livable area: 1,664 sqft

      Property

      Parking
      • Parking features: On Street
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Fencing: Partial
      • Has view: Yes
      • View description: Neighborhood
      Lot
      • Size: 1,742 Square Feet
      • Dimensions: 25 x 65
      Details
      • Parcel number: 0542108022.00
      • Zoning description: Residential

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family, Duplex
      Materials
      • Brick
      • Foundation: Stone
      • Roof: Membrane
      Condition
      • Existing Structure
      • New construction: No

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Natural Gas Available, Underground Utilities

      Community & HOA

      Location
      • Region: Covington

      Financial & listing details

      • Price per square foot: $246/sqft
      • Tax assessed value: $112,000
      • Annual tax amount: $1,473
      • Date on market: 6/12/2026
      • Cumulative days on market: 18 days
      • Tenant pays: Gas, Heat

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/23/2026Price change$410,000-3.5%$246/sqft
        Source: NKMLS #643632 Report a problem
        6/12/2026Listed for sale$425,000+325%$255/sqft
        Source: NKMLS #643632 Report a problem
        11/16/2020Sold$100,000$60/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$1,473 -1.3%$112,000
        2023$1,492 +0.8%$112,000
        2022$1,480 -3%$112,000 +12%
        2021$1,526 -1.6%$100,000 +25%
        2020$1,551 $80,000
        2019$1,551 +18.9%$80,000
        2018$1,304 $80,000
        2017$1,304 -23.4%$80,000
        2015$1,702 +9%$80,000
        2014$1,562 $80,000
        2013$1,562 $80,000
        2012-- $80,000
        2011-- $80,000
        2010-- $80,000
        2009-- $80,000
        2008-- $80,000
        2007-- $80,000
        2006-- $80,000 +14.3%
        2005-- $70,000
        2004-- $70,000
        2003-- $70,000
        2002-- $70,000 +22.8%
        2001-- $57,000
        2000-- $57,000

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 41011

        Getting around

        93 / 100
        Walker's Paradise
        45 / 100
        Some Transit
        68 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: John G. Carlisle Elementary
        • Middle: Holmes Middle School
        • High: Holmes Senior High

        Source: NKMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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