Cheap Covington Rehab in Great Location!

We are selling our assignable purchase contract on the property below:

1223 Fisk St, Covington, KY, 41011

Open House: Thursday, June 18 @ 11:00 AM (ET)
Offer Deadline: Friday, June 19 @ 11:00 AM (ET)
Submit Offers Starting At Or Above: $13,500

No extensions will be granted.
Buyers Agent include your commission when submitting offers!


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To submit an offer or set up a viewing please contact Nathan at (513) 224-5471 or email nathan@rapidfireinvestments.com

Details:

  • 2bd/1ba with 936 sqft
  • Built in 1900
  • Lot Size: Unknown
  • Owner Occupied
  • Closing on or before 07/10/26
  • Market Rent: $1,270
  • Current Rent: N/A
  • 1223 Fisk Street is a compelling opportunity in one of Covington’s most sought-after investment corridors. This 2 bedroom, 1 bathroom shotgun-style home sits in a neighborhood where renovated properties continue to attract strong buyer and tenant demand, making it an excellent candidate for either a flip or long-term rental strategy. The property's efficient layout and character provide a solid foundation for value creation, while its location offers convenient access to MainStrasse Village and Goebel Park, two of the area's most popular destinations. With ongoing investment throughout Covington and continued demand for affordable housing close to downtown amenities, this property presents investors with a chance to capitalize on a market that continues to show strong momentum.
ARV is $180,000 based on the following comps:
  • 1312 Russell St in Covington, KY, 41011 is a renovated 1031 SqFt, 2 Bed / 1 Bath that sold for $200,000 on 10/23/2025 ($193.99 per SqFt)
  • 1319 Holman Ave in Covington, KY, 41011 is a renovated 928 SqFt, 2 Bed / 1 Bath that sold for $168,000 on 12/2/2025 ($181.03 per SqFt)
  • 506 Prague St in Covington, KY, 41011 is a clean but outdated 784 SqFt, 2 Bed / 1 Bath that sold for $145,000 on 5/15/2025 ($184.95 per SqFt)

Repairs:

 Roof: Aged - Budgeted Replace

HVAC: Aged - Budgeted Replace

Water Heater: Aged - Budgeted Replace

 
To submit an offer or set up a viewing please contact Nathan at (513) 224-5471 or email nathan@rapidfireinvestments.com

Our deals move fast. If you would like to lock the property up, we do accept sight-unseen, no-contingency cash offers.

$5,000 earnest money check required for all buyers.

Title is already open with our preferred partner, Performance Title, ensuring a smoother, expedited closing process by working directly with our trusted team.

Realtors, add your fee (whatever you like) and bring us a buyer!
 
Not interested in this deal? Click here to view our other listings
 
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We are hiring! We believe in developing world-class salespeople, investors, and human beings. This is a career, not just a "job." Our people will have the ability to earn really well and invest in their future through real estate.
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Entity Disclosure: Rapid Fire Investments is a DBA of Streamline Realty LLC. Investment Sales Specialists marketing equitable interest in Kentucky are licensed real estate agents, ensuring full compliance with all legislation governing the marketing of assignable interest.
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Questions? I can Help!

Nathan Roberts
Nathan RobertsInvestment Sales Specialist
Don’t miss out! To submit an offer or schedule a viewing, contact me now at (513) 224-5471