7 Wallace Ave #2, Covington, KY 41014
Property image
Property image
OFF MARKET

7 Wallace Ave #2
Covington, KY 41014

  • 2 Beds
  • 2 Baths
  • 810 sqft
2 Beds
2 Baths
810 sqft

Home Highlights

Property Type
Apartment
Living Area
810 sqft

Local Information

  • Map ViewExplore the area around 7 Wallace Ave #2.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Welcome to the desirable Wallace Woods neighborhood in Covington, KY!

This beautiful fully renovated 2 bed 2 bath second floor apartment offers a unique blend of historic charm and modern convenience. Boasting all hardwood floors, original wood trim, exposed brick, and a gorgeous wood carved mantle, this apartment exudes tons of character. Enjoy the spacious layout with large rooms and tall windows that flood the space with natural light, all window blinds are included. The large kitchen island is perfect for meal prep and entertaining. There are two full bathrooms including a private ensuite bath in the primary bedroom with new finishes and fixtures.

Additional amenities include a shared backyard, private entry, w/d hookups and central air! Don't miss out on this opportunity to call this stunning apartment home. This is a must see and will not last long on our vacancy list so make an appointment as soon as you can! This property has street parking. Tenants are responsible for paying the gas and electricity. Owner pays water, sanitation, and trash collection fees.

Laundry: As of October 2025, There are hook-ups in the basement with a w/d set being shared, with future plans of two sets of hook ups.

For additional info including a link to our online rental application, please visit GASTRIGHTPROPERTIES.COM.

Requirements to qualify include verifiable monthly income for at least 3x the rent and can pass a credit and background check. Sorry, no housing vouchers or co-signers accepted.

Cats are welcome with an additional $150 pet deposit.
7 Wallace Ave #2, Covington, KY 41014 is a 2 bedroom, 2 bathroom, 810 sqft apartment. More recently, it was listed as a rental in October 2025 with an asking price of $1,225 per month. That rental listing was removed on November 10, 2025. It is currently off market. The Trulia Estimate rent is $1,326/month.

Home Details for 7 Wallace Ave #2

Property Information

Property Type / Style
Property Type: Apartment

Rental Terms, Policies & Fees

Lease Term: Contact For DetailsAvailable: now

Interior Features

Appliances & Utilities
DishwasherRefrigerator

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
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  • 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
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  • 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

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

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
622 W 12th St, Covington, KY
1.11
Apartment
$190,000
08/29/25
1
1
-
22 Woodland Hills Dr #7, Southgate, KY
1.53
Apartment
$116,500
09/03/25
2
2
980
52 Woodland Hills Dr #5, Southgate, KY
1.61
Apartment
$115,000
11/03/25
2
2
946
629B Greenup St, Covington, KY
1.29
Apartment
$285,000
06/01/26
1
2
1,456
803-104 E 6th St, Newport, KY
2.00
Apartment
$230,000
01/09/26
2
2
1,126
224 E 7th St #226, Newport, KY
1.97
Apartment
$218,000
04/13/26
2
1
1,000
421 E 16th St #23, Covington, KY
0.57
Apartment
$243,627
10/30/25
-
4,275
1214 Pike St #16, Covington, KY
1.33
Apartment
$211,900
09/12/25
1
1,602
408 Breezewood Ct, Ludlow, KY
2.34
Apartment
$191,000
03/30/26
2
2
1,039
353 W 4th St #209, Cincinnati, OH
2.42
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
2216 Madison Ave, Covington, KY 41014
0.02
$328,400
4
3
2,000
Off Market
2225 Madison Ave, Covington, KY 41014
0.06
$270,000
2
2
1,998
Recently Sold
2130 Donaldson Ave, Covington, KY 41014
0.06
$145,000
3
1
4,011
Off Market
27 Wallace Ave, Covington, KY 41014
0.05
$370,000
5
3.5
2,075
Recently Sold
2207 Scott Blvd, Covington, KY 41014
0.06
$326,000
4
3
2,220
Recently Sold
2211 Scott Blvd, Covington, KY 41014
0.07
$293,800
3
1.5
1,864
Off Market
2037 Madison Ave, Covington, KY 41014
0.06
$455,600
Studio
-
4,006
Off Market
2301 Madison Ave, Covington, KY 41014
0.11
$299,600
2
1.5
1,632
Off Market
2032 Donaldson Ave, Covington, KY 41014
0.07
$114,500
1
1
766
Off Market
2018 Pearl St, Covington, KY 41014
0.07
$70,000
2
2
1,312
Recently Sold
106 Sterrett Ave, Covington, KY 41014
0.12
$411,600
4
2.5
2,168
Off Market
2313 Madison Ave, Covington, KY 41014
0.14
$297,800
3
2
1,381
Off Market

Price and Tax history

DateEventPrice
Nov 10, 2025
Source: Zillow Rentals
ListingRemoved
$1,225
Oct 9, 2025
Source: Zillow Rentals
Listed For Rent
$1,225
Nov 23, 2024
Source: Zillow Rentals
ListingRemoved
$1,225
Nov 21, 2024
Source: Zillow Rentals
Listed For Rent
$1,225
Mar 19, 2024
Source: Zillow Rentals
ListingRemoved

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Frequently asked questions about 7 Wallace Ave #2

  • 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 7 Wallace Ave #2?
    The closest schools to 7 Wallace Ave #2 in Covington, KY are Holmes High School (rated 1/10), Holmes Middle School (rated 3/10), Sixth District Elementary School (rated 3/10).