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Covington 2/1 Rehab 41014
314 Boone St
Covington, KY, 41014
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Starting at
$50,000
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After-repair value
$225,000
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Open house
Thu, Sep 24
2:00 PM ET
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Offers due Fri, Sep 25 at 2:00 PM ET
Submit at or above $50,000. No extensions will be granted.
Buyer’s agents, include your commission in the offer. This is not first-come, first-served. Every buyer gets the same shot.
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Can’t make the showing? Offer without walking it.
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Quick facts
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Bedrooms / baths
2 / 1
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Square feet
1,292
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Year built
1890
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Lot size
0.07 acres
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Market rent
$1,310/mo
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Occupancy
Vacant
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Earnest money
$5,000
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Closing by
10/17/2026
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What makes this deal special
314 Boone Street presents a substantial value-add opportunity in Covington for an investor prepared to take on a full renovation. This 2-bedroom, 1-bathroom property features a large detached garage, adding versatility and potential appeal once the cleanout and rehab are complete. While the project requires significant work, it offers the opportunity to reimagine the home, improve its overall condition, and pursue either a long-term rental or resale strategy. The property’s location provides access to MainStrasse Village, Covington Yard, and the Covington Farmers Market, offering a mix of dining, entertainment, and local conveniences. With a full rehab ahead, 314 Boone Street is well suited for an investor looking for a project with room to create meaningful value in Covington.
Nathan Roberts
Investment Sales Specialist, Rapid Fire Investments
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Comparable sales
1538 St Clair St, Covington, KY 41011 2 bd / 1 ba | 1229 sqft | closed Sep 2026 Renovated |
1619 Euclid Ave, Covington, KY 41014 2 bd / 1 ba | 1392 sqft | closed Feb 2026 Clean but outdated |
1549 Woodburn Ave, Covington, KY 41011 2 bd / 1 ba | 1072 sqft | closed Mar 2026 Renovated |
Pulled from public record and provided for reference only.
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Known repairs
| Roof Unknown, Budgeted Replace |
| HVAC Unknown, Budgeted Replace |
| Water heater Unknown, Budgeted Replace |
These notes reflect what we saw at the walkthrough. They are estimates, not inspections.
Verify condition, comps, scope, and every figure in this email independently before you offer.
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Either way, offers are due Fri, Sep 25 at 2:00 PM ET.
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Nathan Roberts
Investment Sales Specialist
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Terms of this deal
| $5,000 earnest money, hard day one. Forfeited if the buyer fails to perform; refundable if title issues arise or the seller backs out. |
| Closing on or before 10/17/2026. |
| Title is open with Bella Title. |
| Sight-unseen, no-contingency cash offers are accepted. |
| Agents: add your fee to the offer and bring us a buyer. |
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Rapid Fire Investments, a DBA of Streamline Realty LLC
We are selling our assignable purchase contract, not the real property itself. Rapid Fire
Investments is not acting as your agent or fiduciary.
Full disclosures and disclaimers
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