$380,000

101 E 43rd St, Covington, KY 41015

N/A sq ft

Listed by Lohmiller Real Estate, Bridget Erna

Status: Active

MLS® #647030

Property description for 101 E 43rd St, Covington, KY 41015

Rare 4-Family Investment Opportunity in Covington! This well-maintained 4-unit property offers a strong combination of existing rental income, recent improvements, and significant upside. Each unit features 2 bedrooms and 1 full bath. One unit has been completely updated and is currently vacant, making it ideal for an owner-occupant or ready to rent for $1,250+ per month. A second unit was rehabbed just a few years ago, remains in great condition, and is currently rented for $900/month. The third unit has a long-term tenant of 15+ years paying $600/month, providing stable rental history. The fourth unit is vacant, has been cleaned out, and is ready for the next investor to complete the rehab and bring it to market rent. All four units have approximately 1-year-old central air units. The property has been well cared for and is in overall great condition. Tenants pay their own electric, helping keep landlord operating expenses down. This property has the potential to generate approximately $5,000+ per month in gross rental income, or $60,000+ annually, depending on final rents and lease terms. Great opportunity for an investor looking to add a cash-flowing multifamily property with additional rental upside, or an owner-occupant looking to live in one unit while generating income from the other three.

QUICK OVERVIEW

Central Air
Electric, Forced Air
14 days on website
0.1102 acres lot

INTERIOR

BUILDING AND CONSTRUCTION

EXTERIOR AND LOT

UTILITIES

AREA AND SCHOOLS

Price per square foot and days on website are not provided values and are calculated by REMAX.

Listing Agent Bridget Erna

Listing Office Lohmiller Real Estate, 8593711444

Updated Thursday, August 27, 2026 at 3:54:36 PM

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of the Northern Kentucky Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than the firm which operates this website are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers.The broker providing the data believes the data to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. Information deemed reliable but not guaranteed. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All Data provided is copyrighted by the Northern Kentucky Multiple Listing Service. Its use is strictly for consumers of real estate and may only be displayed on the internet by participating members of the Northern Kentucky Multiple Listing Service. All attempts to illegally reproduce or host this data will be prosecuted to the fullest extent of the law. Copyright © 2026 Northern Kentucky Multiple Listing Service, Inc.

NEIGHBORHOOD

About the Taylor Heirs Plate Neighborhood

There is a reasonably good selection of green spaces in Taylor Heirs Plate. Green spaces, such as Bill Cappel Sports Complex, are very well-situated and there are a few of them close by for residents to discover, making them easy to get to. Lastly, this part of Covington is relatively quiet, as there are few people out and about on the streets,.

Learn more about Taylor Heirs Plate

Quiet

Virtually no sources of noise nearby

Car friendly

Excellent access to freeways and/or major arteries, with a very low chance of parking problems

Elementary Schools

At least one elementary school within a 10-minute walk

Groceries

Wide variety of groceries within a short drive, including some within walking distance

Daycares

At least one daycare within a short walk

CLIMATE RISK FOR 41015

PROPERTY HISTORY FOR 101 E 43RD ST

HOMEBUYER'S HUB

How Much Should You Offer on a House?

FIRST-TIME HOMEBUYER'S HUB

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101 E 43rd St, Covington, KY 41015

Property description for 101 E 43rd St, Covington, KY 41015

QUICK OVERVIEW

INTERIOR

BUILDING AND CONSTRUCTION

EXTERIOR AND LOT

UTILITIES

AREA AND SCHOOLS

NEIGHBORHOOD