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
1232 Clark Street Covington, KY Charming 2-Bedroom Urban Gem Near Downtown Cincinnati! Discover the perfect blend of comfo...	2 beds \| 2 baths \| 946 sq.ft.	$215,000	Airbnb cash on cash: 2% Traditional cash on cash: 6.5% Airbnb Rental Income: $1280 Traditional Rental Income: $1794 Airbnb ROI: 2% Traditional ROI: 6.5%
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 \| N/A	$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%
302 W 7th Street Covington, KY Hidden gem in the heart of Mainstrasse. Buy this and live in the middle of all the action....	3 beds \| 2 baths \| 2,052 sq.ft.	$345,000	Airbnb cash on cash: 0.37% Traditional cash on cash: 4.49% Airbnb Rental Income: $1202 Traditional Rental Income: $2147 Airbnb ROI: 0.37% Traditional ROI: 4.49%
3439 Decoursey Avenue Covington, KY Metered for 5 units!This massive mixed use building is ready for multiple apartments or bu...	N/A beds \| N/A baths \| 4,315 sq.ft.	$349,000	Airbnb cash on cash: -0.65% Traditional cash on cash: 2.3% Airbnb Rental Income: $723 Traditional Rental Income: $1381 Airbnb ROI: -0.65% Traditional ROI: 2.3%
3517 Glenn Avenue Covington, KY Step inside this charming craftsman-style home featuring original hardwood floors, rich wo...	3 beds \| 2 baths \| 1,404 sq.ft.	$219,900	Airbnb cash on cash: 1.6% Traditional cash on cash: 6.34% Airbnb Rental Income: $1202 Traditional Rental Income: $1800 Airbnb ROI: 1.6% Traditional ROI: 6.34%
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.	$534,000	Airbnb cash on cash: -0.14% Traditional cash on cash: 2.15% Airbnb Rental Income: $1387 Traditional Rental Income: $2113 Airbnb ROI: -0.14% Traditional ROI: 2.15%
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 \| 864 sq.ft.	$249,900	Airbnb cash on cash: 1.52% Traditional cash on cash: 3.95% Airbnb Rental Income: $1202 Traditional Rental Income: $1385 Airbnb ROI: 1.52% Traditional ROI: 3.95%
818 Greer Street Covington, KY Discover the epitome of historic charm blended with modern luxury at 818 Greer Street, a s...	3 beds \| 3 baths \| 2,256 sq.ft.	$540,000	Airbnb cash on cash: -0.32% Traditional cash on cash: 2.54% Airbnb Rental Income: $1202 Traditional Rental Income: $2256 Airbnb ROI: -0.32% Traditional ROI: 2.54%
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%
1406 Greenup Street Covington, KY This stunning three-story brick home sits right in the heart of Covington-just a short wal...	3 beds \| 4 baths \| 2,985 sq.ft.	$449,900	Airbnb cash on cash: 0.21% Traditional cash on cash: 2.53% Airbnb Rental Income: $1202 Traditional Rental Income: $1791 Airbnb ROI: 0.21% Traditional ROI: 2.53%
2010 Howell Street Covington, KY Vacant brick duplex just minutes from downtown Cincinnati and Mainstrausse Village - perfe...	4 beds \| 2 baths \| 2,490 sq.ft.	$379,900	Airbnb cash on cash: 1.03% Traditional cash on cash: 4.35% Airbnb Rental Income: $1387 Traditional Rental Income: $2150 Airbnb ROI: 1.03% Traditional ROI: 4.35%
504 Earle Avenue Covington, KY Presenting a charmingly updated 2-bedroom, 1.5-bathroom home situated on a tranquil street...	2 beds \| 2 baths \| 928 sq.ft.	$205,000	Airbnb cash on cash: 2.18% Traditional cash on cash: 7.77% Airbnb Rental Income: $1280 Traditional Rental Income: $1964 Airbnb ROI: 2.18% Traditional ROI: 7.77%
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%
3323 Latonia Avenue Covington, KY Like-new home in Latonia, just 3 years old! This 3 bed, 2.5 bath property features an open...	3 beds \| 2 baths \| N/A	$235,000	Airbnb cash on cash: 1.39% Traditional cash on cash: 6.26% Airbnb Rental Income: $1202 Traditional Rental Income: $1896 Airbnb ROI: 1.39% Traditional ROI: 6.26%
2369 Piazza Ridge Covington, KY Live like every day is a getaway in this upgraded 2 bedroom, 2 full bath Siena at Tuscany ...	2 beds \| 2 baths \| 1,326 sq.ft.	$238,900	Airbnb cash on cash: 0.92% Traditional cash on cash: 6.03% Airbnb Rental Income: $1280 Traditional Rental Income: $2031 Airbnb ROI: 0.92% Traditional ROI: 6.03%
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 \| N/A	$304,999	Airbnb cash on cash: 0.98% Traditional cash on cash: 4.28% Airbnb Rental Income: $1202 Traditional Rental Income: $1760 Airbnb ROI: 0.98% Traditional ROI: 4.28%
1760 Montague Road 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%
640 Marnoam Drive Covington, KY Large portfolio opportunity! Properties include: 638393, 638394, 638395, 638396, 638397, 6...	3 beds \| 2 baths \| 1,130 sq.ft.	$1,780,000	Airbnb cash on cash: -0.66% Traditional cash on cash: -0.12% Airbnb Rental Income: $1202 Traditional Rental Income: $1703 Airbnb ROI: -0.66% Traditional ROI: -0.12%
418 W 16th Street Covington, KY Come check out this wonderful brick home featuring 1 bedroom and 1 bathroom! Perfect for a...	1 beds \| 1 baths \| 660 sq.ft.	$119,900	Airbnb cash on cash: 3% Traditional cash on cash: 5.96% Airbnb Rental Income: $987 Traditional Rental Income: $976 Airbnb ROI: 3% Traditional ROI: 5.96%
2733 Alexandria Avenue Covington, KY Make an offer! Live in the heart of it all with this charming Latonia gem! Just minutes fr...	2 beds \| 1 baths \| 1,142 sq.ft.	$135,000	Airbnb cash on cash: 4.41% Traditional cash on cash: 7.69% Airbnb Rental Income: $1280 Traditional Rental Income: $1304 Airbnb ROI: 4.41% Traditional ROI: 7.69%
4508 Huntington Avenue Covington, KY This adorable home is tucked away on a quaint street, but just a quick drive to everything...	2 beds \| 2 baths \| 891 sq.ft.	$189,900	Airbnb cash on cash: 3.05% Traditional cash on cash: 6.94% Airbnb Rental Income: $1280 Traditional Rental Income: $1580 Airbnb ROI: 3.05% Traditional ROI: 6.94%
1210 Greenup Street Covington, KY Welcome home to this Covington cutie! You'll fall in love the moment you pull up to this b...	3 beds \| 2 baths \| 1,994 sq.ft.	$279,000	Airbnb cash on cash: 1.31% Traditional cash on cash: 6.7% Airbnb Rental Income: $1202 Traditional Rental Income: $2230 Airbnb ROI: 1.31% Traditional ROI: 6.7%
3819 Capella Lane Covington, KY There's still time for a new home for Christmas! Close and move into this luxurious like-n...	2 beds \| 2 baths \| N/A	$290,000	Airbnb cash on cash: 0.03% Traditional cash on cash: 3.86% Airbnb Rental Income: $1280 Traditional Rental Income: $1925 Airbnb ROI: 0.03% Traditional ROI: 3.86%
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%
1210 Garrard Street Covington, KY Updated and move-in ready, this home offers the perfect combination of historic charm and ...	2 beds \| 2 baths \| 1,248 sq.ft.	$209,500	Airbnb cash on cash: 2.1% Traditional cash on cash: 7.14% Airbnb Rental Income: $1280 Traditional Rental Income: $1878 Airbnb ROI: 2.1% Traditional ROI: 7.14%
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%
2761 Alexandria Avenue Covington, KY This hard to find brick ranch with covered front porch and covered side deck on a double l...	2 beds \| 1 baths \| 887 sq.ft.	$148,900	Airbnb cash on cash: 3.65% Traditional cash on cash: 7.29% Airbnb Rental Income: $1280 Traditional Rental Income: $1396 Airbnb ROI: 3.65% Traditional ROI: 7.29%
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.	$410,000	Airbnb cash on cash: 0.02% Traditional cash on cash: 2.88% Airbnb Rental Income: $1202 Traditional Rental Income: $1911 Airbnb ROI: 0.02% Traditional ROI: 2.88%
212 W 17th Street Covington, KY Charming Cape Cod-style home with spacious living across three finished levels! The main f...	2 beds \| 1 baths \| 720 sq.ft.	$199,999	Airbnb cash on cash: 2.64% Traditional cash on cash: 5.51% Airbnb Rental Income: $1280 Traditional Rental Income: $1424 Airbnb ROI: 2.64% Traditional ROI: 5.51%
1225 Garrard Street Covington, KY Come check out this lovely, fully renovated 3BR 2BA home in the heart of Covington! The fi...	3 beds \| 2 baths \| 1,400 sq.ft.	$225,000	Airbnb cash on cash: 2.04% Traditional cash on cash: 7.5% Airbnb Rental Income: $1202 Traditional Rental Income: $1975 Airbnb ROI: 2.04% Traditional ROI: 7.5%
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%
3098 Beech Avenue Covington, KY Open House This Sunday December 14th From 12 - 2 PM! Super cute 2 bed, 1 bath cape cod wit...	2 beds \| 1 baths \| 1,142 sq.ft.	$210,000	Airbnb cash on cash: 2.34% Traditional cash on cash: 5.44% Airbnb Rental Income: $1280 Traditional Rental Income: $1496 Airbnb ROI: 2.34% Traditional ROI: 5.44%
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%
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%
1735 Russell Street Covington, KY Live in the heart of the action! This stunningly remodeled home offers the best of urban l...	4 beds \| 2 baths \| 1,768 sq.ft.	$182,000	Airbnb cash on cash: 3.43% Traditional cash on cash: 8.66% Airbnb Rental Income: $1387 Traditional Rental Income: $1873 Airbnb ROI: 3.43% Traditional ROI: 8.66%

Real Estate investment in Covington, KY

There are 137 properties for sale in the city of Covington . The median list price in Covington is $244,450 and the average price per square foot is $139. In December 2025, the average monthly cash on cash return in Covington is 5.00%. The average monthly rental income in Covington is $1,703.

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

There are 137 investment properties available for sale in Covington.

In 2025, 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 $1,703.

Your search for investment property begins and ends here

Investment Property for Sale in Covington, KY

1232 Clark Street

Covington, KY

2 beds | 2 baths | 946 sq.ft.

$215,000

Airbnb cash on cash: 2%

Traditional cash on cash: 6.5%

Airbnb Rental Income: $1280

Traditional Rental Income: $1794

Airbnb ROI: 2%

Traditional ROI: 6.5%

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 | N/A

$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%

302 W 7th Street

Covington, KY

3 beds | 2 baths | 2,052 sq.ft.

$345,000

Airbnb cash on cash: 0.37%

Traditional cash on cash: 4.49%

Airbnb Rental Income: $1202

Traditional Rental Income: $2147

Airbnb ROI: 0.37%

Traditional ROI: 4.49%

3439 Decoursey Avenue

Covington, KY

N/A beds | N/A baths | 4,315 sq.ft.

$349,000

Airbnb cash on cash: -0.65%

Traditional cash on cash: 2.3%

Airbnb Rental Income: $723

Traditional Rental Income: $1381

Airbnb ROI: -0.65%

Traditional ROI: 2.3%

3517 Glenn Avenue

Covington, KY

3 beds | 2 baths | 1,404 sq.ft.

$219,900

Airbnb cash on cash: 1.6%

Traditional cash on cash: 6.34%

Airbnb Rental Income: $1202

Traditional Rental Income: $1800

Airbnb ROI: 1.6%

Traditional ROI: 6.34%

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.

$534,000

Airbnb cash on cash: -0.14%

Traditional cash on cash: 2.15%

Airbnb Rental Income: $1387

Traditional Rental Income: $2113

Airbnb ROI: -0.14%