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
639 Watkins Street Covington, KY You don't want to miss out on this beautiful remodeled, 3 bedroom, 3 bathroom brick home!!...	3 beds \| 4 baths \| N/A	$340,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.66% Airbnb Rental Income: $null Traditional Rental Income: $2814 Airbnb ROI: N/A Traditional ROI: 6.66%
1307 Highway Avenue Covington, KY Desirable, Architecturally Pleasing, Recently Remodeled Residence w/Lots of Character! Har...	3 beds \| 2 baths \| 1,524 sq.ft.	$234,800	Airbnb cash on cash: N/A Traditional cash on cash: 6.05% Airbnb Rental Income: $null Traditional Rental Income: $1848 Airbnb ROI: N/A Traditional ROI: 6.05%
3818 Glenn Avenue Covington, KY You are going to fall in love with this charming home from the second you walk through the...	2 beds \| 1 baths \| N/A	$229,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.23% Airbnb Rental Income: $null Traditional Rental Income: $1410 Airbnb ROI: N/A Traditional ROI: 4.23%
109 W 11th Street Covington, KY Restored Historical Gem in Seminary Square! Walkable and elegant living! Step into timeles...	4 beds \| N/A baths \| 3,750 sq.ft.	$750,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.98% Airbnb Rental Income: $null Traditional Rental Income: $2073 Airbnb ROI: N/A Traditional ROI: 0.98%
1232 Clark Street Covington, KY Charming 2-Bedroom Urban Gem Near Downtown Cincinnati! Discover the perfect blend of co...	2 beds \| 2 baths \| N/A	$235,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.8% Airbnb Rental Income: $null Traditional Rental Income: $1794 Airbnb ROI: N/A Traditional ROI: 5.8%
1309 Holman Avenue Covington, KY Fully Renovated in the Heart of Covington! Ask about the assumable loan option on this stu...	2 beds \| 2 baths \| 1,147 sq.ft.	$360,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.75% Airbnb Rental Income: $null Traditional Rental Income: $1410 Airbnb ROI: N/A Traditional ROI: 2.75%
3141 Beech Avenue Covington, KY Step into timeless charm with this character-filled Victorian. The large wrap around porch...	4 beds \| 2 baths \| 2,078 sq.ft.	$285,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.01% Airbnb Rental Income: $null Traditional Rental Income: $2456 Airbnb ROI: N/A Traditional ROI: 7.01%
1219 High Street Covington, KY Here is a perfect opportunity to own a 4.9 star rated active Air BnB! Large 2 story remode...	4 beds \| 3 baths \| N/A	$264,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.32% Airbnb Rental Income: $null Traditional Rental Income: $1880 Airbnb ROI: N/A Traditional ROI: 5.32%
30 Valeside Drive Covington, KY Updated & ready for your move in dateFenced yard on a no outlet streetNewer HVAC & water...	3 beds \| 2 baths \| 936 sq.ft.	$250,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.42% Airbnb Rental Income: $null Traditional Rental Income: $1515 Airbnb ROI: N/A Traditional ROI: 4.42%
127 W 10th Street Covington, KY 3 FINISHED LEVELS & CINCINNATI SKYLINE VIEWS IN WALKABLE COVINGTON! Big on charm, big on v...	3 beds \| 4 baths \| 2,096 sq.ft.	$545,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.67% Airbnb Rental Income: $null Traditional Rental Income: $2398 Airbnb ROI: N/A Traditional ROI: 2.67%
260 W 8th Street Covington, KY RUN, don't walk to see this one! This house is STUNNING with TONS of upgrades including a...	2 beds \| 3 baths \| 1,176 sq.ft.	$475,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.59% Airbnb Rental Income: $null Traditional Rental Income: $1410 Airbnb ROI: N/A Traditional ROI: 1.59%
231 E 7th Street Covington, KY Located in Covington's highly walkable Licking Riverside Historic district, this 1865 Ital...	2 beds \| 2 baths \| 2,418 sq.ft.	$489,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.75% Airbnb Rental Income: $null Traditional Rental Income: $2187 Airbnb ROI: N/A Traditional ROI: 2.75%
690 Rusconi Drive Covington, KY New Price! Just as Cute as Can Be! Brick Ranch Just Minutes to I-275! Gorgeous Large .42 A...	2 beds \| 2 baths \| 884 sq.ft.	$249,500	Airbnb cash on cash: N/A Traditional cash on cash: 3.95% Airbnb Rental Income: $null Traditional Rental Income: $1460 Airbnb ROI: N/A 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: N/A Traditional cash on cash: 2.54% Airbnb Rental Income: $null Traditional Rental Income: $2256 Airbnb ROI: N/A Traditional ROI: 2.54%
927 York Street Covington, KY Welcome to this beautifully updated 2-bedroom, 2-bath home nestled in the heart of Covingt...	2 beds \| 2 baths \| 1,940 sq.ft.	$379,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.28% Airbnb Rental Income: $null Traditional Rental Income: $1922 Airbnb ROI: N/A Traditional ROI: 3.28%
804 Monte Lane Covington, KY Welcome to your charming, move-in ready brick ranch with updates throughout! This adorable...	3 beds \| 2 baths \| 1,316 sq.ft.	$240,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.64% Airbnb Rental Income: $null Traditional Rental Income: $1792 Airbnb ROI: N/A Traditional ROI: 5.64%
2349 Rolling Hills Drive Covington, KY Updated 2BR/2BA condo with home office in desirable pool community. Features fresh lightin...	2 beds \| 2 baths \| 1,496 sq.ft.	$235,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.3% Airbnb Rental Income: $null Traditional Rental Income: $1410 Airbnb ROI: N/A Traditional ROI: 2.3%
10 E 26th Street Covington, KY Welcome to a home that combines classic design with modern-day comfort. Step inside to a f...	4 beds \| 2 baths \| 1,821 sq.ft.	$315,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.12% Airbnb Rental Income: $null Traditional Rental Income: $2160 Airbnb ROI: N/A Traditional ROI: 5.12%
1728 Garrard Street Covington, KY Very nice two story traditional home. Lots of visable updates including flooring, updated ...	2 beds \| 2 baths \| 1,134 sq.ft.	$159,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.89% Airbnb Rental Income: $null Traditional Rental Income: $1420 Airbnb ROI: N/A Traditional ROI: 6.89%
1222 Russell Street Covington, KY Wow-what a location! This home offers rare off-street parking and an outdoor oasis perfect...	3 beds \| 3 baths \| 1,900 sq.ft.	$419,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.66% Airbnb Rental Income: $null Traditional Rental Income: $2264 Airbnb ROI: N/A Traditional ROI: 3.66%
1591 Marcella Drive Covington, KY This beautifully updated 3-bedroom, 2-bath ranch is perfectly located in Fort Wright, just...	3 beds \| 2 baths \| 1,616 sq.ft.	$385,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.38% Airbnb Rental Income: $null Traditional Rental Income: $1983 Airbnb ROI: N/A Traditional ROI: 3.38%
2365 Ambrato Way Covington, KY Updated Fischer's Wexner floorplan in beautiful Tuscany with wooded views and a 1 car gara...	2 beds \| 2 baths \| 1,224 sq.ft.	$229,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.67% Airbnb Rental Income: $null Traditional Rental Income: $1853 Airbnb ROI: N/A Traditional ROI: 4.67%
143 Tando Way Covington, KY Move-in ready & full of style! Updated 3BR/1BA with gorgeous new floors, fresh paint, and ...	3 beds \| 1 baths \| 900 sq.ft.	$233,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.55% Airbnb Rental Income: $null Traditional Rental Income: $1283 Airbnb ROI: N/A Traditional ROI: 3.55%
621 Watkins Street Covington, KY Your next property awaits! Come and take a look today!	3 beds \| 2 baths \| 1,536 sq.ft.	$164,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.84% Airbnb Rental Income: $null Traditional Rental Income: $1617 Airbnb ROI: N/A Traditional ROI: 7.84%
10 Catalpa Street Covington, KY Charming and recently updated 2 bedroom 1 bathroom home in Wallace Woods neighborhood. Thi...	2 beds \| 1 baths \| 928 sq.ft.	$159,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.91% Airbnb Rental Income: $null Traditional Rental Income: $1120 Airbnb ROI: N/A Traditional ROI: 4.91%
251 W 6th Street Covington, KY Live, rent, or bothâthis beautifully restored Mainstrasse gem offers incredible versatil...	3 beds \| 2 baths \| 2,046 sq.ft.	$550,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.23% Airbnb Rental Income: $null Traditional Rental Income: $2194 Airbnb ROI: N/A Traditional ROI: 2.23%
2114 1/2 Glenway Avenue Covington, KY OK Y'all - THIS seller says SELL and this new PRICE is SERIOUS! Let's GO - get here to see...	3 beds \| 2 baths \| 1,373 sq.ft.	$209,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.68% Airbnb Rental Income: $null Traditional Rental Income: $1790 Airbnb ROI: N/A Traditional ROI: 6.68%
617 Watkins Street Covington, KY Calling all investors! Big house that needs a full renovation. Minutes away from MainStras...	3 beds \| 1 baths \| N/A	$160,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.4% Airbnb Rental Income: $null Traditional Rental Income: $1354 Airbnb ROI: N/A Traditional ROI: 6.4%
1193 Devou Woods Covington, KY Welcome to 1193 Devou Woods, tucked away on a quiet cul-de-sac in the heart of beautiful D...	4 beds \| N/A baths \| 3,516 sq.ft.	$675,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.53% Airbnb Rental Income: $null Traditional Rental Income: $3486 Airbnb ROI: N/A Traditional ROI: 3.53%
2369 Piazza Ridge Covington, KY Stylish Monticello plan by Fischer Homes in the Siena at Tuscany community. Built in 2022....	2 beds \| 2 baths \| 1,326 sq.ft.	$247,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.77% Airbnb Rental Income: $null Traditional Rental Income: $2031 Airbnb ROI: N/A Traditional ROI: 5.77%
3601 Dorset Court Covington, KY Beautifully upgraded Quentin floor plan in Covington's Ashford Village, tucked in a quiet ...	4 beds \| 4 baths \| 3,458 sq.ft.	$524,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.05% Airbnb Rental Income: $null Traditional Rental Income: $3513 Airbnb ROI: N/A Traditional ROI: 5.05%
1627 Russell Street Covington, KY OPEN HOUSE SATURDAY 1:00-2:00. Charming Updated Home with a covered front porch boasts 2 l...	2 beds \| 2 baths \| 944 sq.ft.	$190,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.67% Airbnb Rental Income: $null Traditional Rental Income: $1350 Airbnb ROI: N/A Traditional ROI: 5.67%
1 Fayette Street Covington, KY WOW! Here is your chance to truly have something special. Welcome to Levassor. My investor...	3 beds \| 1 baths \| 1,496 sq.ft.	$160,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.45% Airbnb Rental Income: $null Traditional Rental Income: $1438 Airbnb ROI: N/A Traditional ROI: 7.45%
418 W 16th Street Covington, KY Adorable brick home in Covington. Covered front porch. Georgeous wood floors. Tastefully d...	1 beds \| 1 baths \| 660 sq.ft.	$139,900	Airbnb cash on cash: N/A Traditional cash on cash: 5% Airbnb Rental Income: $null Traditional Rental Income: $976 Airbnb ROI: N/A Traditional ROI: 5%
306 E Southern Avenue Covington, KY This home has so much to offer! The home sits on a level lot with a secluded backyard gre...	3 beds \| 2 baths \| 2,045 sq.ft.	$228,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.97% Airbnb Rental Income: $null Traditional Rental Income: $2215 Airbnb ROI: N/A Traditional ROI: 7.97%
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: N/A Traditional cash on cash: 5.99% Airbnb Rental Income: $null Traditional Rental Income: $1410 Airbnb ROI: N/A Traditional ROI: 5.99%
1913 Denver Street Covington, KY Discover a beautifully upgraded duplex offering modern comfort, stylish finishes, and the ...	2 beds \| 2 baths \| 1,890 sq.ft.	$239,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.53% Airbnb Rental Income: $null Traditional Rental Income: $1241 Airbnb ROI: N/A Traditional ROI: 3.53%
252 Pershing Avenue Covington, KY Discover this recently updated gem in the heart of Covington! Featuring 2 spacious bedroom...	2 beds \| 2 baths \| 1,710 sq.ft.	$214,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.04% Airbnb Rental Income: $null Traditional Rental Income: $2020 Airbnb ROI: N/A Traditional ROI: 8.04%
3834 Huntington Avenue Covington, KY Beautiful 3 bed 1 bath home across the street from Latonia Elementary School. Hardwood flo...	3 beds \| 1 baths \| 1,440 sq.ft.	$225,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.23% Airbnb Rental Income: $null Traditional Rental Income: $1601 Airbnb ROI: N/A Traditional ROI: 5.23%
2350 Amici Drive Covington, KY Tremendous opportunity to move right in. This less than 2 year old Fischer Wilmington pati...	2 beds \| 2 baths \| 1,733 sq.ft.	$449,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.47% Airbnb Rental Income: $null Traditional Rental Income: $2513 Airbnb ROI: N/A Traditional ROI: 3.47%

Real Estate investment in Covington, KY

There are 161 properties for sale in the city of Covington . The median list price in Covington is $240,000 and the average price per square foot is $149. In September 2025, the average monthly cash on cash return in Covington is 5.00%. The average monthly rental income in Covington is $1,791.

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

There are 161 investment properties available for sale in Covington.

In 2025, the best neighborhood to buy investment property is Covington.

The ROI for Short-Term is higher than the Long-Term in Covington with average rental income of $N/A.

Your search for investment property begins and ends here

Investment Property for Sale in Covington, KY

639 Watkins Street

Covington, KY

3 beds | 4 baths | N/A

$340,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.66%

Airbnb Rental Income: $null

Traditional Rental Income: $2814

Airbnb ROI: N/A

Traditional ROI: 6.66%

1307 Highway Avenue

Covington, KY

3 beds | 2 baths | 1,524 sq.ft.

$234,800

Airbnb cash on cash: N/A

Traditional cash on cash: 6.05%

Airbnb Rental Income: $null

Traditional Rental Income: $1848

Airbnb ROI: N/A

Traditional ROI: 6.05%

3818 Glenn Avenue

Covington, KY

2 beds | 1 baths | N/A

$229,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.23%

Airbnb Rental Income: $null

Traditional Rental Income: $1410

Airbnb ROI: N/A

Traditional ROI: 4.23%

109 W 11th Street

Covington, KY

4 beds | N/A baths | 3,750 sq.ft.

$750,000

Airbnb cash on cash: N/A

Traditional cash on cash: 0.98%

Airbnb Rental Income: $null

Traditional Rental Income: $2073

Airbnb ROI: N/A

Traditional ROI: 0.98%

1232 Clark Street

Covington, KY

2 beds | 2 baths | N/A

$235,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.8%

Airbnb Rental Income: $null

Traditional Rental Income: $1794

Airbnb ROI: N/A

Traditional ROI: 5.8%

1309 Holman Avenue

Covington, KY

2 beds | 2 baths | 1,147 sq.ft.

$360,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.75%

Airbnb Rental Income: $null

Traditional Rental Income: $1410

Airbnb ROI: N/A

Traditional ROI: 2.75%

3141 Beech Avenue

Covington, KY

4 beds | 2 baths | 2,078 sq.ft.

$285,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.01%

Airbnb Rental Income: $null

Traditional Rental Income: $2456

Airbnb ROI: N/A

Traditional ROI: 7.01%

1219 High Street

Covington, KY

4 beds | 3 baths | N/A

$264,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.32%

Airbnb Rental Income: $null

Traditional Rental Income: $1880

Airbnb ROI: N/A