$45,000
 $299 est/mo Sourced by Back At You

1223 Hermes Avenue,Covington, KY 41011

Covington, KY 41011

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Description

Online Auction hosted by One Bid Auctions! Investor opportunity in Covington, KY. This 1,800+ SF brick building is ready for renovation and offers strong value-add potential. The sale includes the adjacent 3,450± SF lot at 1227 Hermes Ave. Rear alley access from Hermes Ave provides off-street parking. Seller is also offering 1222 &1234 Pike St., creating an opportunity to acquire multiple contiguous properties. Located in an area benefiting from ongoing investment and redevelopment, this property offers strong upside potential just minutes from Downtown Covington and Cincinnati. Auction ends July 28, 2026 at 6PM. 10 percent buyers premium added to final hammer price. Bidder must adhere to terms and conditions prior to bidding.

Details

MLS #643781
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Days On Site63
Listing Provided ByKeller Williams Advisors | Daniel Collins

Features

Bed(s)2
Bath(s) 1 Total
SQ Feet1,852
BasementY
Story(s)2
Acreage0.15

Area Information

StateKY
CountyKenton
CityCovington
Zip Code41011
AreaK01 Covington North
SubareaCovington North
School DistrictCovington Indep
Elementary SchoolJohn G. Carlisle Elementary
High SchoolCovington Indep
Listing VS Median (in 41011)
Price:
$45,000
low | high
Med:
$352,500
100% of Average
sqft:
1,852
low | high
Med:
2,096
36.82505399568% of Average
$ / sqft:
$24
low | high
Med:
$172
100% of Average
On site:
63
low | high
Med:
120.5
52.282157676349% of Average
Sourced by Back At You

Market Activity 41011

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Learn More About This Property

StateKY
CountyKenton
CityCovington
Zip Code41011
AreaK01 Covington North
SubareaCovington North
School DistrictCovington Indep
Elementary SchoolJohn G. Carlisle Elementary
High SchoolCovington Indep
Listing VS Median (in 41011)
Price:
$45,000
low | high
Med:
$352,500
100% of Average
sqft:
1,852
low | high
Med:
2,096
36.82505399568% of Average
$ / sqft:
$24
low | high
Med:
$172
100% of Average
On site:
63
low | high
Med:
120.5
52.282157676349% of Average
Sourced by Back At You
Listing Updated: July 14, 2026 at 2:05:34 PM PDT