Real Estate Investment Properties for Sale in Covington, KY

Looking for investment property in Covington, KY with high ROI ?

Explore a variety of short-term homes & houses in Covington, KY. Invest wisely with VRBO & Covington, KY Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Covington, KY

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
728 Western Avenue Covington, KY Perched above the city with a front-row seat to one of the most breathtaking backdrops in ...	3 beds \| 2 baths \| 2,384 sq.ft.	$485,000	Airbnb cash on cash: -0.51% Traditional cash on cash: 3.31% Airbnb Rental Income: $1202 Traditional Rental Income: $2548 Airbnb ROI: -0.51% Traditional ROI: 3.31%
1619 Euclid Avenue Covington, KY Beautifully maintained home in the heart of Covington, just steps from the area's best loc...	2 beds \| 1 baths \| N/A	$225,000	Airbnb cash on cash: 1.83% Traditional cash on cash: 2.77% Airbnb Rental Income: $1280 Traditional Rental Income: $1078 Airbnb ROI: 1.83% Traditional ROI: 2.77%
510 W Southern Avenue Covington, KY Welcome to this beautifully updated 3 bedroom, 1.5 bathroom home in Covington KY! The perf...	3 beds \| 2 baths \| 1,488 sq.ft.	$247,000	Airbnb cash on cash: 1.23% Traditional cash on cash: 5.56% Airbnb Rental Income: $1202 Traditional Rental Income: $1822 Airbnb ROI: 1.23% Traditional ROI: 5.56%
2311 Rolling Hills Drive Covington, KY Fantastic retreat away from it all with easy living in this spacious, upper level, Wexner ...	2 beds \| 2 baths \| 1,224 sq.ft.	$199,800	Airbnb cash on cash: 1.31% Traditional cash on cash: 5.32% Airbnb Rental Income: $1280 Traditional Rental Income: $1638 Airbnb ROI: 1.31% Traditional ROI: 5.32%
328 W 6th Street Covington, KY Enjoy the living on the edge of Mainstrasse with the convenience of a 2-car garage and a b...	3 beds \| 2 baths \| 1,784 sq.ft.	$540,000	Airbnb cash on cash: -0.11% Traditional cash on cash: 2.16% Airbnb Rental Income: $1202 Traditional Rental Income: $1960 Airbnb ROI: -0.11% Traditional ROI: 2.16%
1219 High Street Covington, KY Here is a perfect opportunity to own a 4.9 star rated active Air BnB! Large 2 story remode...	5 beds \| 3 baths \| 2,180 sq.ft.	$224,000	Airbnb cash on cash: 7.08% Traditional cash on cash: 9.55% Airbnb Rental Income: $2611 Traditional Rental Income: $2511 Airbnb ROI: 7.08% Traditional ROI: 9.55%
3415 Church Street Covington, KY Functional, family-friendly Covington home in the heart of Latonia, walkable to local shop...	3 beds \| 3 baths \| 2,200 sq.ft.	$299,900	Airbnb cash on cash: 1.16% Traditional cash on cash: 8.01% Airbnb Rental Income: $1202 Traditional Rental Income: $2745 Airbnb ROI: 1.16% Traditional ROI: 8.01%
3800 Circollo Drive Covington, KY This BEAUTIFUL Avery floorplan truly stands apart with 4 fully finished levels offering un...	4 beds \| 2 baths \| 2,400 sq.ft.	$529,999	Airbnb cash on cash: -0.13% Traditional cash on cash: 2.18% Airbnb Rental Income: $1387 Traditional Rental Income: $2113 Airbnb ROI: -0.13% Traditional ROI: 2.18%
202 W 18th Street Covington, KY Exquisitely updated and impeccably maintained brick residence offering timeless elegance a...	3 beds \| 2 baths \| 1,436 sq.ft.	$220,000	Airbnb cash on cash: 1.6% Traditional cash on cash: 5.92% Airbnb Rental Income: $1202 Traditional Rental Income: $1713 Airbnb ROI: 1.6% Traditional ROI: 5.92%
4358 Siffel Court Covington, KY A wonderful opportunity to make this home your own. The residence offers a functional layo...	3 beds \| 2 baths \| 1,106 sq.ft.	$425,000	Airbnb cash on cash: 0.52% Traditional cash on cash: 2.44% Airbnb Rental Income: $1202 Traditional Rental Income: $1576 Airbnb ROI: 0.52% Traditional ROI: 2.44%
26 Valeside Drive Covington, KY Charming 3 bedroom / 1.5 bath tri-level house conveniently located to the I-275 loop. * Up...	3 beds \| 2 baths \| N/A	$234,900	Airbnb cash on cash: 1.68% Traditional cash on cash: 4.26% Airbnb Rental Income: $1202 Traditional Rental Income: $1385 Airbnb ROI: 1.68% Traditional ROI: 4.26%
912 Virginia Lane Covington, KY Unobstructed MILLION-DOLLAR panoramic views of the city skyline and Ohio River! This stunn...	2 beds \| 2 baths \| N/A	$255,000	Airbnb cash on cash: -1.58% Traditional cash on cash: 3.23% Airbnb Rental Income: $1280 Traditional Rental Income: $2035 Airbnb ROI: -1.58% Traditional ROI: 3.23%
2239 Wideview Drive Covington, KY 100 percent Financing Available Through the City of Covington and/or KY Housing! This beau...	3 beds \| 2 baths \| N/A	$259,900	Airbnb cash on cash: 1.32% Traditional cash on cash: 5.3% Airbnb Rental Income: $1202 Traditional Rental Income: $1790 Airbnb ROI: 1.32% Traditional ROI: 5.3%
1507 Morton Avenue Covington, KY Must see! Historic 19th century classic brick home with upgraded mechanicals and natural w...	3 beds \| 2 baths \| 1,856 sq.ft.	$194,999	Airbnb cash on cash: 2.03% Traditional cash on cash: 7.02% Airbnb Rental Income: $1202 Traditional Rental Income: $1736 Airbnb ROI: 2.03% Traditional ROI: 7.02%
2742 Latonia Ave Covington, KY This delightful 3 bedroom, 2 bathroom single-family home, built in 1927, offers a blend of...	3 beds \| 2 baths \| 1,735 sq.ft.	$150,000	Airbnb cash on cash: 3.16% Traditional cash on cash: 11.75% Airbnb Rental Income: $1202 Traditional Rental Income: $2045 Airbnb ROI: 3.16% Traditional ROI: 11.75%
3204 Latonia Avenue Covington, KY Step inside from the charming wrap-around porch and feel instantly at home. Sunlight pours...	2 beds \| 2 baths \| 1,096 sq.ft.	$215,000	Airbnb cash on cash: 2% Traditional cash on cash: 5.4% Airbnb Rental Income: $1280 Traditional Rental Income: $1570 Airbnb ROI: 2% Traditional ROI: 5.4%
504 Earle Avenue Covington, KY Presenting a charmingly updated and cozy 2 bedroom, 1.5 bath home situated on a tranquil s...	2 beds \| 2 baths \| 928 sq.ft.	$199,900	Airbnb cash on cash: 2.29% Traditional cash on cash: 8.01% Airbnb Rental Income: $1280 Traditional Rental Income: $1964 Airbnb ROI: 2.29% Traditional ROI: 8.01%
3706 Glenn Avenue Covington, KY Beautifully Renovated 3-Bedroom Home in the Heart of Latonia! Discover this completely upd...	3 beds \| 1 baths \| 1,326 sq.ft.	$224,900	Airbnb cash on cash: 1.53% Traditional cash on cash: 4.43% Airbnb Rental Income: $1202 Traditional Rental Income: $1431 Airbnb ROI: 1.53% Traditional ROI: 4.43%
621 Watkins Street Covington, KY Your next property awaits! Come and take a look today!	3 beds \| 2 baths \| 1,536 sq.ft.	$139,900	Airbnb cash on cash: 3.52% Traditional cash on cash: 11.46% Airbnb Rental Income: $1202 Traditional Rental Income: $1879 Airbnb ROI: 3.52% Traditional ROI: 11.46%
2609 Greenup Street Covington, KY Multifamily \| Income-Producing Opportunity Excellent opportunity to own a charming 2-story...	N/A beds \| N/A baths \| 1,848 sq.ft.	$295,000	Airbnb cash on cash: -0.7% Traditional cash on cash: 2.64% Airbnb Rental Income: $723 Traditional Rental Income: $1340 Airbnb ROI: -0.7% Traditional ROI: 2.64%
336 Byrd Street Covington, KY Nestled in the Historic District, this beautiful 3 bed 2 bath home sits on a double lot wi...	3 beds \| 2 baths \| 1,480 sq.ft.	$296,000	Airbnb cash on cash: 1.04% Traditional cash on cash: 4.44% Airbnb Rental Income: $1202 Traditional Rental Income: $1760 Airbnb ROI: 1.04% Traditional ROI: 4.44%
1760 Montague Rd Covington, KY Desirable Devou Park, steps to trails, golf, museum, minutes to downtown, three bedrooms, ...	3 beds \| 2 baths \| 1,351 sq.ft.	$310,000	Airbnb cash on cash: 1.38% Traditional cash on cash: 4.34% Airbnb Rental Income: $1202 Traditional Rental Income: $1675 Airbnb ROI: 1.38% Traditional ROI: 4.34%
346 W 9th Street Covington, KY Historic home in the heart of vibrant Mainstrasse. Perfect move in home or for investors s...	2 beds \| 2 baths \| 1,765 sq.ft.	$315,000	Airbnb cash on cash: 1.44% Traditional cash on cash: 5.58% Airbnb Rental Income: $1280 Traditional Rental Income: $2103 Airbnb ROI: 1.44% Traditional ROI: 5.58%
252 Pershing Avenue Covington, KY This recently updated gem in the heart of Covington offers 2 spacious bedrooms, 2 full bat...	2 beds \| 1 baths \| 1,710 sq.ft.	$169,900	Airbnb cash on cash: 3.31% Traditional cash on cash: 10.37% Airbnb Rental Income: $1280 Traditional Rental Income: $2020 Airbnb ROI: 3.31% Traditional ROI: 10.37%
3819 Capella Lane Covington, KY Experience refined, low-maintenance living in this stunning, nearly-new penthouse Hayward ...	2 beds \| 2 baths \| N/A	$284,500	Airbnb cash on cash: 0.06% Traditional cash on cash: 3.97% Airbnb Rental Income: $1280 Traditional Rental Income: $1925 Airbnb ROI: 0.06% Traditional ROI: 3.97%
1102 Lee Street Covington, KY Seller offering 2/1 rate buydown! Experience this total renovation in Covington's Historic...	3 beds \| 2 baths \| 1,792 sq.ft.	$399,999	Airbnb cash on cash: 0.74% Traditional cash on cash: 3.46% Airbnb Rental Income: $1202 Traditional Rental Income: $1834 Airbnb ROI: 0.74% Traditional ROI: 3.46%
1333 Scott Street Covington, KY Prime Multi-Family Opportunity in Covington - 5 Units on a Double Lot! Discover this well-...	2 beds \| 4 baths \| 2,852 sq.ft.	$455,000	Airbnb cash on cash: 0.39% Traditional cash on cash: 4.68% Airbnb Rental Income: $1280 Traditional Rental Income: $2702 Airbnb ROI: 0.39% Traditional ROI: 4.68%
2009 Greenup Street Covington, KY HOUSE HACK OPPORTUNITY! We're looking for the first time home buyer that is looking for ex...	N/A beds \| N/A baths \| N/A	$295,000	Airbnb cash on cash: -0.7% Traditional cash on cash: 6.5% Airbnb Rental Income: $723 Traditional Rental Income: $2412 Airbnb ROI: -0.7% Traditional ROI: 6.5%
1533 Holman Street Covington, KY This HOME is where Historic Charm Meets Modern Luxury. From the window boxes & gated front...	3 beds \| 2 baths \| 2,283 sq.ft.	$400,000	Airbnb cash on cash: 0.06% Traditional cash on cash: 2.99% Airbnb Rental Income: $1202 Traditional Rental Income: $1911 Airbnb ROI: 0.06% Traditional ROI: 2.99%
2043 Garrard Street Covington, KY 100 percent Financing Available Through KY Housing or the City of Covington! This move-in-...	2 beds \| 2 baths \| N/A	$189,000	Airbnb cash on cash: 2.52% Traditional cash on cash: 6.75% Airbnb Rental Income: $1280 Traditional Rental Income: $1637 Airbnb ROI: 2.52% Traditional ROI: 6.75%
3120 Beech Avenue Covington, KY Welcome to this inviting, full brick wrapped home in Latonia. Featuring a bright and airy ...	3 beds \| 1 baths \| 1,440 sq.ft.	$235,000	Airbnb cash on cash: 1.81% Traditional cash on cash: 5.22% Airbnb Rental Income: $1202 Traditional Rental Income: $1571 Airbnb ROI: 1.81% Traditional ROI: 5.22%
3098 Beech Avenue Covington, KY Super cute 2 bed, 1 bath cape cod with 1-car garage located in a quiet cul-de-sac w/ priva...	2 beds \| 1 baths \| 1,142 sq.ft.	$200,000	Airbnb cash on cash: 2.5% Traditional cash on cash: 5.76% Airbnb Rental Income: $1280 Traditional Rental Income: $1496 Airbnb ROI: 2.5% Traditional ROI: 5.76%
3877 Circollo Drive Covington, KY IMMEDIATE OCCUPANCY: Tucked in the sought-after Tuscany neighborhood of Covington, this st...	4 beds \| 2 baths \| 3,055 sq.ft.	$560,000	Airbnb cash on cash: -0.54% Traditional cash on cash: 2.6% Airbnb Rental Income: $1387 Traditional Rental Income: $2610 Airbnb ROI: -0.54% Traditional ROI: 2.6%
117 E 41st Street Covington, KY Don't miss this opportunity to own this beautifully updated cottage in the heart of Latoni...	2 beds \| 1 baths \| 884 sq.ft.	$218,500	Airbnb cash on cash: 1.98% Traditional cash on cash: 4% Airbnb Rental Income: $1280 Traditional Rental Income: $1296 Airbnb ROI: 1.98% Traditional ROI: 4%
116 E 42nd Street Covington, KY This versatile two-story home, which has benefited from some updates, features durable vin...	3 beds \| 2 baths \| 1,758 sq.ft.	$170,000	Airbnb cash on cash: 2.51% Traditional cash on cash: 10.09% Airbnb Rental Income: $1202 Traditional Rental Income: $2042 Airbnb ROI: 2.51% Traditional ROI: 10.09%
30 W 36th Street W Covington, KY Start your rental empire here. Exceptional two family duplex perfect for investors or owne...	4 beds \| 1 baths \| 2,616 sq.ft.	$279,000	Airbnb cash on cash: 1.77% Traditional cash on cash: 4.6% Airbnb Rental Income: $1387 Traditional Rental Income: $1712 Airbnb ROI: 1.77% Traditional ROI: 4.6%
1 Roebling Way unit: 906 #906 Covington, KY Prepare to be wowed by walls of windows and panoramic views in this stunning 2-bedroom, 2....	2 beds \| 2 baths \| 2,077 sq.ft.	$799,900	Airbnb cash on cash: -2.92% Traditional cash on cash: -0.13% Airbnb Rental Income: $1280 Traditional Rental Income: $2956 Airbnb ROI: -2.92% Traditional ROI: -0.13%
1220 Holman Street Covington, KY Don't miss this one! Quality rehab featuring new roof, windows, siding, HVAC, HWH, floorin...	2 beds \| 2 baths \| 1,204 sq.ft.	$298,000	Airbnb cash on cash: 1.67% Traditional cash on cash: 4.31% Airbnb Rental Income: $1280 Traditional Rental Income: $1617 Airbnb ROI: 1.67% Traditional ROI: 4.31%
94 River Road Covington, KY The Opportunity of a Lifetime! Views of the Cincinnati Skyline and River. You can take ove...	5 beds \| 1 baths \| 3,200 sq.ft.	$325,000	Airbnb cash on cash: 4.52% Traditional cash on cash: 10.63% Airbnb Rental Income: $2611 Traditional Rental Income: $3852 Airbnb ROI: 4.52% Traditional ROI: 10.63%
209 Pleasant Street Covington, KY Welcome to this beautifully updated two-story home, ideally located in the heart of Coving...	3 beds \| 2 baths \| 1,238 sq.ft.	$282,900	Airbnb cash on cash: 1.43% Traditional cash on cash: 5.39% Airbnb Rental Income: $1202 Traditional Rental Income: $1867 Airbnb ROI: 1.43% Traditional ROI: 5.39%

Real Estate investment in Covington, KY

There are 128 properties for sale in the city of Covington . The median list price in Covington is $239,900 and the average price per square foot is $138. In February 2026, the average monthly cash on cash return in Covington is 4.00%. The average monthly rental income in Covington is $1,713.

Covington, KY Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 128 investment properties available for sale in Covington.

In 2026, the best neighborhood to buy investment property is Covington.

The ROI for Long-Term is higher than the Short-Term in Covington with average rental income of $1,713.

Your search for investment property begins and ends here

Investment Property for Sale in Covington, KY

728 Western Avenue

Covington, KY

3 beds | 2 baths | 2,384 sq.ft.

$485,000

Airbnb cash on cash: -0.51%

Traditional cash on cash: 3.31%

Airbnb Rental Income: $1202

Traditional Rental Income: $2548

Airbnb ROI: -0.51%

Traditional ROI: 3.31%

1619 Euclid Avenue

Covington, KY

2 beds | 1 baths | N/A

$225,000

Airbnb cash on cash: 1.83%

Traditional cash on cash: 2.77%

Airbnb Rental Income: $1280

Traditional Rental Income: $1078

Airbnb ROI: 1.83%

Traditional ROI: 2.77%

510 W Southern Avenue

Covington, KY

3 beds | 2 baths | 1,488 sq.ft.

$247,000

Airbnb cash on cash: 1.23%

Traditional cash on cash: 5.56%

Airbnb Rental Income: $1202

Traditional Rental Income: $1822

Airbnb ROI: 1.23%

Traditional ROI: 5.56%

2311 Rolling Hills Drive

Covington, KY

2 beds | 2 baths | 1,224 sq.ft.

$199,800

Airbnb cash on cash: 1.31%

Traditional cash on cash: 5.32%

Airbnb Rental Income: $1280

Traditional Rental Income: $1638

Airbnb ROI: 1.31%

Traditional ROI: 5.32%

328 W 6th Street

Covington, KY

3 beds | 2 baths | 1,784 sq.ft.

$540,000

Airbnb cash on cash: -0.11%

Traditional cash on cash: 2.16%

Airbnb Rental Income: $1202

Traditional Rental Income: $1960

Airbnb ROI: -0.11%

Traditional ROI: 2.16%

1219 High Street

Covington, KY

5 beds | 3 baths | 2,180 sq.ft.

$224,000

Airbnb cash on cash: 7.08%

Traditional cash on cash: 9.55%

Airbnb Rental Income: $2611

Traditional Rental Income: $2511

Airbnb ROI: 7.08%

Traditional ROI: 9.55%

3415 Church Street

Covington, KY

3 beds | 3 baths | 2,200 sq.ft.

$299,900

Airbnb cash on cash: 1.16%

Traditional cash on cash: 8.01%

Airbnb Rental Income: $1202

Traditional Rental Income: $2745

Airbnb ROI: 1.16%

Traditional ROI: 8.01%

3800 Circollo Drive

Covington, KY

4 beds | 2 baths | 2,400 sq.ft.

$529,999

Airbnb cash on cash: -0.13%

Traditional cash on cash: 2.18%

Airbnb Rental Income: $1387

Traditional Rental Income: $2113

Airbnb ROI: -0.13%