1002 Madison Avenue, Covington, KY 41011 - Photo 1

1/1

$230,000

Sold
Closed
Multi-Family

1/1

Property Description

Investment Opportunity in Prime Location! Unlock the potential of this promising business front and apartment building! While it requires some TLC, this property offers a fantastic opportunity for investors looking to add value and maximize returns. With its convenient location, this building is perfect for renovation enthusiasts and savvy investors alike. Highlights: Prime location with excellent access to transportation, amenities, and local attractions Ideal project for renovation or redevelopment Potential for rental income post-renovation Competitive price point, offering strong upside potential Opportunities for customization to suit market demand

Full Property Details

Full Property Details for 1002 Madison Ave

General

Sold For: $230,000
Status: Closed
Type: Multi-Family
Source: Northern_Kentucky
MLS ID: 633994
Added to Site: 196 day(s) ago

Interior

Appliances: None

Parking

Parking Features: On Street

Location

County: Kenton
Driving Directions: Madison Ave. and corner of 10th street

School Information

Elementary School: John G. Carlisle Elementary
Middle School: Holmes Middle School
High School: Holmes Senior High

Community

Community Name: K01 - Covington North

Heating & Cooling

Central air: Yes
Air Conditioning: Yes
Cooling Type: Central Air Conditioning
Heating Type: See Remarks, Natural Gas

Utilities

Sewer: Public Sewer
Water: Public
Utility Description: Natural Gas Available, Sewer Available, Water Available

Structural Information

# Buildings: 1
Construction: Brick
Basement Desc.: Partial
Roof: Shingle
Windows: Storm Window(s), Wood Frames
Square Feet: 3,850
Living Area: 3,850 Sq. Ft.
Year Built: 1904
Property Condition: Existing Structure

Lot Features

Property View: City
Lot Size (Acres): 0.05
Lot Size (Sq. Ft.): 2,200
Lot Size: .05
Lot Dimensions: 20 x 110
Lot Features: Near Public Transit
Zoning: Residential, Multi Family, Commercial

Disclosures and Reports

Property ID: 054-24-07-001.00

Listed and Sold by eXp Realty, LLC, Phillip Rice

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Listing agent

— 1002 Madison Ave —

Phillip Rice

eXp Realty, LLC

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Schools

Schools serving 1002 Madison Ave

School District:Covington Independent School District

Name	Grades	Distance
Holmes High School 25th and Madison Ave, Covington, KY 41014	9-12	1.4 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1002 Madison Ave

Date

Details

Price

Change

Source

8/25/2025

Sold

$230,000

-16.36%

MLS

7/03/2025

Listed

$275,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Closed

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Beds
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Total Bath
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1002 Madison Avenue, Covington, KY 41011 (MLS# 633994) is a Multi-Family property that was sold at $230,000 on August 25, 2025. Want to learn more about 1002 Madison Avenue? Do you have questions about finding other Multi-Family real estate for sale in Covington? You can browse all Covington real estate or contact a Coldwell Banker agent to request more information.

1002 Madison Ave Covington, KY 41011