Great 2 unit all brick building with long term tenants on 1 year leases at $1300 each. Property generates $2600 per month in rental income, tenants pay gas & electric, owner pays water/sewer. Both units were updated about 15 years ago and retain great historic charm as well. Property has fenced in backyard with covered porch. Great opportunity and location!
Sold for $300,000 on 02/14/25
$300,000
509 Wallace Ave, Covington, KY 41014
3beds
2,206sqft
Multi Family, Duplex
Built in 1913
-- sqft lot
$311,800 Zestimate®
$136/sqft
$1,516 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: March 16, 2025 at 10:16pm
Listed by:
Jonathan Amster 513-307-3937,
Comey & Shepherd, REALTORS
Bought with:
Jody Connett, 205802
Huff Realty - CC
Source: NKMLS,MLS#: 624884
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Stainless Steel Appliance(s), Gas Oven, Dishwasher, Dryer, Refrigerator, Washer
- Laundry: In Basement
Features
- Windows: Vinyl Frames
- Basement: Full
- Number of fireplaces: 2
- Fireplace features: Inoperable
Interior area
- Total structure area: 2,206
- Total interior livable area: 2,206 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Three Or More
- Stories: 3
- Patio & porch: Covered, Patio, Porch
- Exterior features: Balcony, Outdoor Grill
- Fencing: Wood
- Has view: Yes
- View description: City
Lot
- Size: 4,791 sqft
- Dimensions: .1101 ac
Details
- Parcel number: 0553225002.00
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Materials
- Brick
- Foundation: Stone
- Roof: Shingle
Condition
- Existing Structure
- New construction: No
- Year built: 1913
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Covington