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$410,000
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Property Description
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.
Full Property Details
Full Property Details for 218 W 5th St
General
- Price: $410,000
- Status: Active
- Type: Multi-Family
- Source: Northern_Kentucky
- MLS ID: 643632
- Updated: 8/6/2026
- Added to Site: 75 day(s) ago
Interior
- Fireplace(s): Brick
- Appliances: Electric Range, Dishwasher, Microwave, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: In Unit
Parking
- Parking Features: On Street
Location
- County: Kenton
- Driving Directions: Take Covington 5th street Exit House down on Left. 218 W 5th st.
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: Ductless, Central Air Conditioning
- Heating Type: See Remarks, Forced Air, Individual
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Natural Gas Available, Underground Utilities
Structural Information
- # Buildings: 1
- Construction: Brick
- Basement Desc.: Full
- Roof: Membrane
- Windows: Aluminum Clad Window(s), Vinyl Frames
- Square Feet: 1,664
- Living Area: 1,664 Sq. Ft.
- Property Condition: Existing Structure
Lot Features
- Property View: Neighborhood
- Lot Size (Acres): 0.04
- Lot Size (Sq. Ft.): 1,650
- Lot Size: .04
- Lot Dimensions: 25 x 65
- Lot Features: Near Public Transit
- Zoning: Residential
- Fencing (Description): Partial
Disclosures and Reports
- Property ID: 054-21-08-022.00
Listed by Sparen Realty, Christine Wesdorp
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Schools
Schools serving 218 W 5th St
School District:Covington Independent School District
| Name | Grades | Distance |
|---|---|---|
John G Carlisle Elementary School 910 Holman Street, Covington, KY 41011 | K-5 | 0.3 mi |
Holmes Middle School 2500 Madison Avenue, Covington, KY 41014 | 6-8 | 1.8 mi |
Holmes High School 25th and Madison Ave, Covington, KY 41014 | 9-12 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 218 W 5th St
Date
Details
Price
Change
Source
6/23/2026
Price Reduced
$410,000
-3.53%
MLS
6/12/2026
Listed
$425,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 218 W 5th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,484
1%
$112,000
—
2024
$1,473
-1%
$112,000
—
2023
$1,492
1%
$112,000
—
2022
$1,480
-8%
$112,000
12%
2021
$1,600
—
$100,000
25%
2021
$1,600
23%
$80,000
—
2018
$1,304
-1%
$80,000
—
2017
$1,323
2%
$80,000
—
2016
$1,292
1%
$80,000
—
2019
$1,279
-2%
$80,000
—
2015
$1,302
-1%
$80,000
—
2014
$1,319
-1%
$80,000
—
2013
$1,335
—
$80,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 218 W 5th St
218 W 5th Street, Covington, KY 41011 (MLS# 643632) is a Multi-Family property with 2 units containing 2 bedrooms and 2 full bathrooms. 218 W 5th Street is currently listed for $410,000 and was received on June 12, 2026. Want to learn more about 218 W 5th Street? 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.

