Sign in
Home
    • Browse
    • Browse A-Z
    • Coming Soon
    • New Listings
    • Price Changes
    • Open Houses
    • New Construction
    • Premier Builders
    • National Search
    • View All Properties
    • Premier Collection
    • Luxury Homes
    • Find a Builder
    • Explore Developments
    • Get Help
    • Get Pre-Approved
    • Buyer’s Guide
    • Find an Agent
    • Sell your Home
    • Seller’s Guide
    • Find an Agent
    • Home Services
    • School Links
    • Community Guide
    • Buyer’s Guide
    • Seller’s Guide
    • Regional Guide
    • What's Your Home Worth?
    • Utility Connection
    • Blog
    • Overview
    • Mortgage
    • Insurance
    • Title
    • Relocation
    • U.S. Military on the Move
    • Home Services
    • Home Warranty
    • QuickBuy Cash Offers
    • Earnest Money Payment
    • Offices
    • Find an Agent
    • Becoming an Agent
Sign in

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

$470,000
MLS# 647653
0
1/34
  • New Listing
2/34
3/34
Photos
Map
Photos
Map
Virtual Tour

Received 10/17/2026

More About 121 E Martin Luther King Jr. Boulevard

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. Both units run as active Airbnbs with 4.8+ star ratings, and the seller offers a co-host transition so you inherit live listings and reviews -- no starting from zero. Current occupancy works in the buyer's favor: Unit 1 is leased through December 2026 (income in place at closing) and Unit 2 is available at the end of July -- move in yourself or set your own rents immediately. The property sits on a surveyed, consolidated double parcel totaling 4,450 sq ft (44.5' x 100'). Can be subdivided and sold to a developer, finished to add off-street parking, patio, or additional outdoor space for guests. Walk Score 78. Steps to Covington's restaurants, minutes to Main Strasse Village, one bridge to downtown Cincinnati jobs, 15 minutes to CVG. The tenant has been parking on the gravel to the side of the building but that's not an approved parking spot with the city.

Connect with a loan officer to get started!

Directions to this Listing

: I-71/75 to 12th street exit, E on MLK, Building on right.

Information Refreshed: 10/17/2026 2:51 PM

Ask a Question

Contact our Customer Care team or
513-985-4010
CallText

By providing a telephone number and submitting the form, you are consenting to be contacted by SMS text message and agreeing to our Privacy Policy. Message frequency may vary. Message and data rates may apply. Reply STOP to opt out out of further messaging. Reply HELP for more information.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Call us now at 513-985-4010

Property Details

  • MLS#:

    647653
  • Type:

    Multi Family
  • County:

    Kenton
  • Construction:

    Vinyl Siding
  • Cooling:

    Central Air
  • Inside Features:

    High Speed Internet, Eat-in Kitchen, Kitchen Island, Master Downstairs, Storage
  • Lot Description:

    of record
  • School District:

    Covington Independent
This listing courtesy of Blaire Hancock (859) 221-5050, Jim Murray (859) 802-3733, Simple Fee Realty (859) 802-3733

Frequently Asked Questions

How much does 121 E Martin Luther King Jr. Boulevard cost?
121 E Martin Luther King Jr. Boulevard, Covington, KY is listed at $470,000.
What type of property is 121 E Martin Luther King Jr. Boulevard?
121 E Martin Luther King Jr. Boulevard is a Multi Family.
Is 121 E Martin Luther King Jr. Boulevard still available?
121 E Martin Luther King Jr. Boulevard is currently listed as Active.
What school district serves 121 E Martin Luther King Jr. Boulevard?
121 E Martin Luther King Jr. Boulevard is served by the Covington Independent school district.

Explore Covington & Surrounding Area

Covington

Covington

New hotels, office towers and riverboat restaurants along the riverfront are among the most prestigious in the Greater Cincinnati area. Covington is also aware of the importance of maintaining its heritage of fine old homes. Many of these lovely homes a...

View Community
Ludlow KY2

Ludlow

Ludlow, situated in north central Kenton County, is often thought of as a suburb of Covington, Kentucky. The city is bordered on the north by the Ohio River, on the east by Covington, and shares its southern border with Fort Wright. With its easy access...

View Community
Bellevue

Bellevue

With its spectacular front porch view of downtown Cincinnati and Mt. Adams, Bellevue is tucked into the northern corner of Campbell County, bordered by Newport on the west, Dayton on the east and the Ohio River as its northern border. Bellevue is poised...

View Community
Newport KY

Newport

Newport is the largest city in Campbell County and the center of much political, commercial and industrial activity. It has a number of neighborhoods offering stately homes and elegant mansions on tree-lined streets, as well as hillside condos with magn...

View Community
KY•41011•Kenton County•Covington•121 E Martin Luther King Jr. Boulevard

Ask a Question

Contact our Customer Care team or
513-985-4010
CallText

By providing a telephone number and submitting the form, you are consenting to be contacted by SMS text message and agreeing to our Privacy Policy. Message frequency may vary. Message and data rates may apply. Reply STOP to opt out out of further messaging. Reply HELP for more information.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Call us now at 513-985-4010

Monthly Cost

Mortgage Calculator

Enter your details for an estimated monthly payment. See how much house you can afford

%
LEGAL DISCLAIMERS▼

Your estimated payment

$2,603
per month
PRINCIPAL & INTEREST
$2,603
CHAT WITH A LOAN OFFICER

Properties Similar to 121 E Martin Luther King Jr. Boulevard

    $515,000Sale Pending210 E 5th StreetCovington, KY 41011
    • 0/0 ba
    • 0.06 ac
      $525,000834-36 Bakewell StreetCovington, KY 41011
      • 0/0 ba
      • 0.07 ac

      Sell with Sibcy Cline

      Enter your address for a free market report on your home. Explore your home value estimate, buyer heatmap, supply-side trends, and more.

      Must reads

      The data relating to real estate for sale on this website comes in part from the Broker Reciprocity programs of the Northern Kentucky Multiple Listing Service, Inc.Those listings held by brokerage firms other than Sibcy Cline, Inc. are marked with the Broker Reciprocity logo and house icon. The properties displayed may not be all of the properties available through Broker Reciprocity. Copyright© 2026 Northern Kentucky Multiple Listing Service, Inc. / All Information is believed accurate, but is NOT guaranteed.