512 Wallace Ave #5, Covington, KY 41014
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Property image
OFF MARKET
  • 1 Bed
  • 1 Bath

512 Wallace Ave #5, Covington, KY 41014

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

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
52 Woodland Hills Dr #5, Southgate, KY
1.25
Apartment
$115,000
11/03/25
2
2
946
224 E 7th St #226, Newport, KY
1.83
Apartment
$218,000
04/13/26
2
1
1,000
629B Greenup St, Covington, KY
1.36
Apartment
$285,000
06/01/26
1
2
1,456
22 Woodland Hills Dr #7, Southgate, KY
1.20
Apartment
$116,500
09/03/25
2
2
980
803-104 E 6th St, Newport, KY
1.88
Apartment
$230,000
01/09/26
2
2
1,126
421 E 16th St #23, Covington, KY
0.45
Apartment
$243,627
10/30/25
-
4,275
1214 Pike St #16, Covington, KY
1.44
Apartment
$211,900
09/12/25
1
1,602
1201 Central Ave #1201, Cincinnati, OH
3.17
Apartment
$252,800
05/11/26
1
1
1,218
400 Pike St #903, Cincinnati, OH
2.57
Apartment
$350,000
06/29/26
1
1
1,008
353 W 4th St #209, Cincinnati, OH
2.54
Apartment
$299,900
08/07/26
2
2
1,066
Home facts updated by county records

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
2110 Eastern Ave, Covington, KY 41014
0.05
$450,000
4
2.5
2,325
Recently Sold
509 Wallace Ave, Covington, KY 41014
0.04
$321,600
3
2.5
2,206
Off Market
435 Wallace Ave, Covington, KY 41014
0.06
$692,500
5
3.5
3,037
Recently Sold
2111 Glenway Ave, Covington, KY 41014
0.09
$245,800
2
1.5
1,028
Off Market
2121 Glenway Ave, Covington, KY 41014
0.08
$250,000
3
1.5
1,149
Recently Sold
2114 Maryland Ave, Covington, KY 41014
0.10
$253,100
3
1
1,436
Off Market
509 E 20th St, Covington, KY 41014
0.12
$139,150
2
1
984
Recently Sold
2114 1/2 Glenway Ave, Covington, KY 41014
0.11
$216,600
3
2
1,373
Off Market
2114 Glenway Ave, Covington, KY 41014
0.11
$182,700
2
1
-
Recently Sold
2116 Glenway Ave, Covington, KY 41014
0.11
$213,000
2
1
1,134
Off Market
2112 Glenway Ave, Covington, KY 41014
0.11
$188,200
2
1
1,001
Off Market
616 E 21st St, Covington, KY 41014
0.12
$245,000
3
2
1,610
Recently Sold

Local Information

  • Map ViewExplore the area around 512 Wallace Ave #5.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Apartment
Year Built
1906

About this House

The property is centrally located to all major highways and shopping for your convenience and accessibility. It is a 20 minute drive to Florence and Clifton. It is located 10 minutes away from Downtown Covington/Cincinnati and Newport, Kentucky! It is also a short drive to Northern Kentucky University.Martana Flats offers beautiful apartments located in the Historic area of Covington, KY. Peaceful residential street with wonderful open green space available for your enjoyment. This marvelous vintage building has beautiful wood work and hardwood floors throughout for a very architectural feel. Martana Flats offers a variety of apartment floor plans and styles for everyone's wants, needs and desires. If a 1 bedroom flat is not exactly what you are looking for please ask Teresa about our 3 bedroom flat we have available. Schedule an appointment today to tour your new home options.Property Amenities Available:Gated propertyBeautiful Green SpaceAmazing wood work and characterSecured EntrancesLaundry Facility On-SiteBeautiful Curb AppealHistoric AreaOff Street ParkingOn Street ParkingNice NeighborhoodApartment Amenities:Open Floor PlanBeautiful Hardwood FloorsLarge Living SpaceLarge Balcony AccessSpacious Kitchen SpaceNice Closet Space throughout unitLarge Windows providing natural lightingTenant is responsible for electric and heat. $30 monthly fee water and sanitation/trash.
512 Wallace Ave #5, Covington, KY 41014 is a 1 bedroom, 1 bathroom apartment built in 1906. More recently, it was listed as a rental in October 2014 with an asking price of $550 per month. That rental listing was removed on January 13, 2015. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $1,003/month.

Home Details for 512 Wallace Ave #5

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Appliances & Utilities
Cable ReadyRefrigerator
Levels, Entrance, & Accessibility
Floors: Tile, Hardwood

Property Information

Year Built
Year Built: 1906
Property Type / Style
Property Type: Apartment

Exterior Features

Exterior Home Features
Patio
Parking & Garage
Parking: Off Street, On Street

Additional Information

On Site Laundry Available

Price and Tax history

DateEventPrice
Jan 13, 2015
Source: Agent Provided
ListingRemoved
$550
Oct 24, 2014
Source: Agent Provided
Listed For Rent
$550
Sep 19, 2014
Source: Agent Provided
ListingRemoved
$525
Sep 12, 2014
Source: Agent Provided
PriceChange
$525
Price decreased by 4%
Aug 5, 2014
Source: Agent Provided
PriceChange
$545
Price decreased by 5%

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 512 Wallace Ave #5

  • 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.
  • What are the closest schools to 512 Wallace Ave #5?
    The closest schools to 512 Wallace Ave #5 in Covington, KY are Holmes High School (rated 1/10), Holmes Middle School (rated 3/10), Sixth District Elementary School (rated 3/10).
  • Does 512 Wallace Ave #5 have air conditioning?
    Yes, 512 Wallace Ave #5 in Covington, KY has air conditioning.
  • Does 512 Wallace Ave #5 have laundry facilities?
    Yes, 512 Wallace Ave #5 in Covington, KY has laundry facilities.

Explore by feature - Pet Friendly

104 pet-friendly rentals in Covington, KY

Explore by feature - Garage

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Explore by feature - Air Conditioning

100 rentals with air conditioning in Covington, KY

Explore by feature - Pool

6 rentals with a pool in Covington, KY

Explore by feature - Washer/dryer

78 rentals with a washer/dryer in Covington, KY

Explore by feature - Outdoor Space

24 rentals with an outdoor space in Covington, KY

Apartments for Rent

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Off Market Homes Near 512 Wallace Ave #5

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Homes for sale near 512 Wallace Ave #5

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