Turnkey 4-unit property in Covington just minutes from downtown Cincinnati. Fully occupied with a gross monthly rent just over $4,000, including income from a rented garage. This asset offers stable cash flow with management already in place for a smooth transition. Ideal for investors seeking immediate income with minimal hands-on effort. Great location with strong rental demand. Inquire for full rent roll and financials!
Sold for $220,000
$220,000
16 Martin St, Covington, KY 41011
4beds
1,628sqft
Multi Family, Quadruplex
Built in 1890
-- sqft lot
$222,700 Zestimate®
$135/sqft
$1,618 Estimated rent
Home value
$222,700
$203,000 - $245,000
$1,618/mo
Zestimate® history
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$1,411/mo
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Zillow last checked: 7 hours ago
Listing updated: December 02, 2025 at 10:17pm
Listed by:
Jorden Zamrik 480-307-7598,
Comey & Shepherd REALTORS
Bought with:
Jorden Zamrik, 265235
Comey & Shepherd REALTORS
Source: NKMLS,MLS#: 633356
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Forced Air
Cooling
- Window Unit(s)
Appliances
- Included: Electric Range, Microwave, Refrigerator
Features
- Entrance Foyer
- Windows: Double Hung, Vinyl Frames
- Basement: Full
Interior area
- Total structure area: 1,628
- Total interior livable area: 1,628 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage, Garage Faces Rear, On Street
- Garage spaces: 1
- Has uncovered spaces: Yes
Features
- Levels: Three Or More
- Stories: 3
Lot
- Size: 2,613 sqft
- Dimensions: 109 x 25
Details
- Parcel number: 0551307031.00
- Zoning description: Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Quadruplex
Materials
- Brick
- Foundation: Concrete Perimeter, Block
- Roof: Shingle
Condition
- Existing Structure
- New construction: No
- Year built: 1890
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Natural Gas Available, Sewer Available
Community & neighborhood
Location
- Region: Covington
Price history
| Date | Event | Price |
|---|---|---|
| 10/27/2025 | Sold | $220,000-20%$135/sqft |
Source:  NKMLS #633356 Report a problem | ||
| 9/19/2025 | Pending sale | $274,900$169/sqft |
Source: NKMLS #633356 Report a problem | ||
| 9/13/2025 | Price change | $274,900-3.5%$169/sqft |
Source: NKMLS #633356 Report a problem | ||
| 9/2/2025 | Pending sale | $284,900$175/sqft |
Source: NKMLS #633356 Report a problem | ||
| 8/8/2025 | Price change | $284,900-5%$175/sqft |
Source: NKMLS #633356 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 41011
Nearby schools
GreatSchools rating
- 5/10Sixth District Elementary SchoolGrades: K-5Distance: 0.5 mi
- 4/10Holmes Middle SchoolGrades: 6-8Distance: 1 mi
- 2/10Holmes High SchoolGrades: 9-12Distance: 1 mi
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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Estimated market value
$222,700
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
$222,700
- Kentucky
- Kenton County
- Covington
- 41011
- 16 Martin St