131 Wallace Ave, Covington, KY 41014
Property image
Property image
OFF MARKET

131 Wallace Ave
Covington, KY 41014

  • 2 Beds
  • 1 Bath
  • 1,350 sqft

$326,200

Trulia Estimate
as of Aug 22, 2026
Est. Refi. Payment $2,039/mo*
Refinance Your Home

$326,200

Trulia Estimate
as of Aug 22, 2026
Est. Refi. Payment $2,039/mo*
Refinance Your Home
2 Beds
1 Bath
1,350 sqft

Home Value

Trulia Estimate
$326K
Since last month
Increased$3K (+0.8%)
Since last year
Increased$40K (+14.1%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +55% in the last 10 years
MonthEstimated value
2026
August 2026$322K
July 2026$319K
June 2026$342K
May 2026$313K
April 2026$309K
March 2026$307K
February 2026$292K
January 2026$301K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
19 W 15th St, Covington, KY
0.68
Townhouse
$199,000
01/09/26
2
2
1,013
1707 Eastern Ave, Covington, KY
0.45
Townhouse
$228,000
10/06/25
2
1
896
729 Isabella St, Newport, KY
1.53
Townhouse
$96,000
09/15/25
2
1
980
301 Lindsey St, Newport, KY
1.39
Townhouse
$250,000
09/15/25
3
2
1,274
124 W 13th St #22, Newport, KY
1.32
Townhouse
$674,900
09/05/25
3
3.5
2,505
1070 Emery Dr, Fort Wright, KY
1.34
Townhouse
$126,500
04/21/26
2
1.5
1,056
1108 Locust St, Covington, KY
1.11
Townhouse
$625,000
07/20/26
3
3.5
2,460
262 W 7th St, Covington, KY
1.44
Townhouse
$320,000
12/31/25
3
2
2,052
1110 Locust St, Covington, KY
1.11
Townhouse
$655,000
10/16/25
4
3.5
2,400
1106 Locust St, Covington, KY
1.11
Townhouse
$679,000
11/24/25
4
3.5
2,400

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
217 Wallace Ave, Covington, KY 41014
0.02
$274,000
4
3
2,730
Off Market
108 Sterrett Ave, Covington, KY 41014
0.06
$290,400
4
2
-
Off Market
220 Wallace Ave, Covington, KY 41014
0.06
-
5
3.5
4,688
Off Market
106 Sterrett Ave, Covington, KY 41014
0.07
$412,900
4
2.5
2,168
Off Market
2038 Greenup St, Covington, KY 41014
0.07
$340,000
4
2.5
1,698
Recently Sold
2043 Garrard St, Covington, KY 41014
0.08
$176,500
2
1
1,084
Off Market
2308 Greenup St, Covington, KY 41014
0.11
$445,900
2
1.5
1,325
For Sale
2032 Greenup St, Covington, KY 41014
0.08
$176,000
4
1.5
1,904
Recently Sold
2033 Greenup St, Covington, KY 41014
0.08
$276,600
2
1.5
1,794
Off Market
2208 Sterrett Ave, Covington, KY 41014
0.11
$345,700
3
2.5
2,147
Off Market
2037 Pine St, Covington, KY 41014
0.09
$221,100
3
1.5
1,288
Off Market
2211 Scott Blvd, Covington, KY 41014
0.10
$295,500
3
1.5
1,864
Off Market

Local Information

  • Map ViewExplore the area around 131 Wallace Ave.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Townhouse
Year Built
1914
Living Area
1,350 sqft
Price/Sqft
$242
Parking
None

About this House

Gorgeous first floor two bedroom in a Great Neighborhood! - 1st floor apt (RLNE5427269)
131 Wallace Ave, Covington, KY 41014 is a 2 bedroom, 1 bathroom, 1,350 sqft townhouse built in 1914. More recently, it was listed as a rental in December 2019 with an asking price of $975 per month. That rental listing was removed on January 25, 2020. It is currently off market. The Trulia Estimate is $326,200, with a rent estimate of $1,401/month.

Home Details for 131 Wallace Ave

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2.5Floors: Hardwood
Interior Details
Number of Rooms: 10
Appliances & Utilities
Dishwasher
Fireplace & Spa
Fireplace

Property Information

Year Built
Year Built: 1914
Property Type / Style
Property Type: Townhouse

Exterior Features

Exterior Home Features
Exterior: BrickFoundation Type: Stone
Parking & Garage
Parking: None

Community

Units in Building: 2

Lot Information

Lot Area: 6098 sqft

Additional Information

On Site Laundry Available

Price and Tax history

DateEventPrice
Jan 25, 2020
Source: Agent Provided
ListingRemoved
$1,015
Jan 16, 2020
Source: Agent Provided
PriceChange
$1,015
Price increased by 4%
Dec 30, 2019
Source: Agent Provided
Listed For Rent
$975

Market trends in Covington

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$231K
$6.71KMoM
Sale-to-List Price
99.1%
0.4%MoM
Price per sq ft
$171
$3MoM
Available listings
193

Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Covington

At least 422 Trulia users voted on each feature.

  • 88 % Say there are sidewalks

  • 87 % Say it's dog friendly

  • 73 % Say car is needed

  • 72 % Say yards are well-kept

  • 66 % Say there's holiday spirit

  • 65 % Say parking is easy

  • 63 % Say kids play outside

  • 58 % Say streets are well-lit

  • 55 % Say neighbors are friendly

  • 53 % Say it's walkable to restaurants

  • 52 % Say people would walk alone at night

  • 52 % Say there's wildlife

  • 50 % Say it's walkable to grocery stores

  • 48 % Say they plan to stay for at least 5 years

  • 37 % Say it's quiet

  • 35 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Khnf6nyf29
    "Dogs are walked, both on sidewalks and alley ways. Done barking dogs in neighborhood and a few coyotes. "
    0
    Flag
  • Drew Woll
    "Close to almost anything in the Cincinnati area. If commute is a top priority this is the cheapest location with the shortest commute. I work 30 mins up north in Springdale which is a 25 mile drive. In 30 mins I could probably make it down to Williamstown, KY. South of MLK Street can be a bit unsafe just fyi."
    0
    Flag
  • Reeds-fuzzier.0l
    "Nice area, very quiet, packages are safe outside.. however not a very minority friendly area. I've lived here for years, neighbors only began to speak/ look me in the face once they seen I had gotten a puppy. "
    0
    Flag
  • Keli Simpson
    "The schools are not the greatest. The sixth district school has been completely remodeled and has air conditioning. There is an FC sponsored soccer pitch close,"
    0
    Flag
  • Htibtani
    "I moved in Covington on year 2000 Started my business and purchase home raised my kids and I’m still here, I love my Covington."
    0
    Flag
  • Asiago Lattimore
    "Probably the traffic sometimes lack of green space. There’s only 1 dog park and it’s near the northern west part of the city. "
    2
    Flag
  • Trulia User
    "It’s safe to live in Kentucky. I enjoy that everything is around me and we have great parks to go to "
    2
    Flag
  • Leanna
    "There's a new dog park right across from Larry's -great vibe neighborhood bar with food! The small dog community is starting to form and it's fun to run into your community friends out and about."
    0
    Flag
  • Leanna
    "There's a new dog park that's becoming a great place to meet people and getting to know your neighbors."
    1
    Flag
  • Trulia User
    "Yes it is very important for them to know everything about it they will know everything about it yes "
    1
    Flag
  • Trulia User
    "I love Latonia I’ve lived here for 47 years Latonia is our home for my daughter and I We love the area I still run in to people I went to kindergarten with A lot is in walking distance "
    0
    Flag
  • Trulia User
    "My mom lives here I visit her very frequently it’s not the nicest place since it’s a low income place people take advantage "
    0
    Flag
  • Trulia User
    "Not much space for pets house are on hills, the streets are horrible and it’s a pain to get around in the winter season "
    2
    Flag
  • Tim
    "LOVE IT I don’t have a dog. We have a pet rabbit, but all that does is make all the neighborhood dogs be quite affectionate. I think at least 75% of residence own a dog. 90% have a pet of some type"
    0
    Flag
  • Marsha B.
    "We have the licking river historic community. Neighborly condo association., farmers market for the community. "
    0
    Flag
  • Kelsie L.
    "There is few grassy spots on walks and the yard space is pretty limited in most areas in town. Great dogs parks nearby as well as devou park for hikes. "
    0
    Flag
  • Jdt.714
    "Some areas are okay, many are sketchy. Not an area to walk alone at night. Petty crime is common. Many folks won’t clean up after their pets."
    22
    Flag
  • Dena H.
    "Oktoberfest Maifest Dog costume parade. There used to be a festival every month during the summer and fall "
    0
    Flag
  • Jmsmith1990
    "trustworthy group of individuals, left packages on our doorstep and none have disappeared. I have borrowed from neighbors and all have been very generous"
    0
    Flag
  • Orlando W.
    "The neighborhood is a dog friendly area and people are very friendly. I like the area for that reason as well. When my grand babies come over I feel safe with them playing out side."
    0
    Flag
  • Skloeker01
    "Schools are improving and there is a general sense of community that has developed strongly over the last 8 to 10 years."
    0
    Flag
  • Debra H.
    "there are 4 buses that I can take to get downtown so if I miss one there are 3 others I can take. it gets me where I need to go"
    6
    Flag
  • Alicia H.
    "Alot of events in the main Strauss area threw out the year. It's known as a German town. Food pubs year around. then festivals Mardi gras ect. It's a beautiful city. any day of the year just for a walk by the river for the view "
    12
    Flag
  • Aaron.henderson33
    "My neighborhood has a great community feel. It’s safe and convenient but still secluded enough to feel private"
    0
    Flag
  • Charles H.
    "All kinds of events put on by the Mainstrasse council during the holidays. Halloween costume contest and animal parades, tree lightings etc"
    0
    Flag
  • Donna
    "Street parties in main Strauss are always fun and family friendly. We’re also close to other towns who throw events. "
    1
    Flag
  • Shelli.rowland
    "I’ve lived here for 10 yrs. we live in the oldest settlement in Covington. The neighbors are kind and we have a great walking neighborhood. "
    15
    Flag
  • TJ
    "It’s been very enjoyable. The neighborhood is quiet and the area is well kept. I have been here for a year and so far so good."
    12
    Flag
  • Lacie H.
    "It’s home to me! I’ve grown up here. The community sticks together, we are one big family. I’m safe here. Positive out-ways the negative."
    2
    Flag
  • Jessezetko
    "great access to TANK services, bus stop around every corner. Uber and Lyft is everywhere for people who can't or don't drive. Not any bad traffic besides when there are crashes on Madison."
    6
    Flag
  • Dan M.
    "A quick and easy access to 75, 71, 74, and 275. The perfect in between location! Downtown is only an 8 minute drive. Uber and Lyft rides downtown are on average about $12. "
    0
    Flag
  • Rob B.
    "There are lots of families moving into the city and the parks and restaurants are wonderful. The city is actively working to improve life for the city’s residents. "
    0
    Flag
  • Daisy W.
    "German heritage, gentrification, goetta fest, may fest, Madison theater, garden tours, biking and walking to work!"
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 131 Wallace Ave

  • What is 131 Wallace Ave estimated to be worth?
    Trulia's estimated value for 131 Wallace Ave in Covington, KY is $326,200.
  • Is Covington a buyer's or seller's market?
    Covington is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Covington?
    The median sale price in Covington is $231K. That is up $6.71K from the prior month.
  • What do residents say about Covington?
    Residents describe Covington, KY as pedestrian-friendly, dog-friendly, and well-kept. See recently sold homes in Covington, KY.
  • Does 131 Wallace Ave have air conditioning?
    Yes, 131 Wallace Ave in Covington, KY has air conditioning.
  • Does 131 Wallace Ave have laundry facilities?
    Yes, 131 Wallace Ave in Covington, KY has laundry facilities.

Explore by feature - Pet Friendly

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Explore by feature - Outdoor Space

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