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121 E Martin Luther King Jr. Boulevard, Covington, KY 41011

Covington
Local realty services provided by:CENTURY 21 Garner Properties
121 E Martin Luther King Jr. Boulevard,Covington, KY 41011
$470,000
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  • 5 Beds
  • 2 Baths
  • 2,136 sq. ft.
  • Multi-family
  • Active
Listed by: blaire hancock, jim murray
Office: simple fee realty
MLS#:647653
Source:KY_NKMLS

Price summary

  • Price:$470,000
  • Price per sq. ft.:$220.04

About this home

Fully renovated, fully furnished duplex PLUS a second attached lot -- currently earning $48,700/year as a proven mid-term Airbnb and furnished rental, steps from downtown Covington and one mile from downtown Cincinnati. Live in one unit while the other pays your mortgage, or step into a turnkey rental business on day one. Potential for additional income with short term dynamic pricing strategy. Renovated top to bottom in 2024 (~$120K scope): new kitchens with granite counters, custom cabinets, and stainless appliances; fully rebuilt bathrooms; luxury vinyl plank throughout; new lighting, ceiling fans, and A/C condensers; updated electrical and plumbing; fresh paint inside and out; new fencing and landscaping. Two spacious units -- a 2BR/1BA (~1,033 sq ft) and a 3BR/1BA (~1,103 sq ft), 2,136 sq ft total -- each with in-unit laundry and dishwasher, and utilities separately metered by unit, giving the next owner full flexibility on lease structure. All furniture to convey with sale....

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Home facts

  • Listing ID #:647653
  • Added:11 day(s) ago
  • Updated:October 29, 2026 at 04:09 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:2
  • Full bathrooms:2
  • Kitchen Description:Dishwasher, Eat-in Kitchen, Electric Range, Kitchen Island, Microwave, Refrigerator
  • Bedroom Description:Master Downstairs
  • Basement Description:Partial
  • Living area:2,136 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air
  • Central air:Yes

Structure and exterior

  • Building area:2,136 sq. ft.
  • Construction Materials:Vinyl Siding
  • Foundation Description:Stone

Schools

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

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$470,000
  • Price per sq. ft.:$220.04

Features and amenities

  • Appliances:Microwave, Refrigerator, Washer
  • Laundry features:Dryer, Washer
  • Amenities:Master Downstairs, Storage, Vinyl Clad Window(s)
Information Deemed Reliable but Not Guaranteed. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of NKMLS. Real estate listings held by IDX Brokerage firms other than CENTURY 21 Garner Properties are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Copyright 2026 Northern Kentucky Multiple Listing Service, Inc. All rights reserved. KY_NKMLS Member Broker: Douglas Garner

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