$279,900

217 Wallace Ave Covington, KY 41014

$3,324
Closing credit¹
4 beds
3 full
2,730 sqft
0.10 acres
$103 / sqft
House

Property details

About 217 Wallace Ave

ATTENTION all rehabbers looking for a winter project with major upside equity potential. Incredible opportunity in the heart of Wallace Woods ! Currently used as a 3 unit but would make an amazing single family home with off street parking and a 1 car garage. Or, possibly remain 3 unit and raise rents to market. Long time tenants so rents are way below market. 1st and 2nd floor month to month, 3rd floor on 1 yr lease.

Highlights

Home typeSingle Family Residence
HeatingNatural Gas, Forced Air
StatusActive
CoolingCentral Air, Window Unit(s)
Size2,730 sqft
BasementYes
Lot size0.1 Acres
Year built1909
ParkingGarage, Off Street, On Street
MLS #626098
Garage1 space
FireplaceDecorative

Summary

  • MLS Number: 626098
  • MLS Name: Northern Kentucky Multiple Listing Service
  • Office Name: Smart Move Realty, LLC
  • Office Phone: (859) 653-8676
  • Office Email: tracyacuff@northernkentuckyhomesforsale.com
  • Listing Agent: Tracy Acuff

Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Northern Kentucky Multiple Listing Service, Inc. (NKMLS). Real estate listings held by other brokerage firms are marked with the Broker Reciprocity Logo and detailed information about them includes the name of the listing broker. The broker providing the data believes the data to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. MLS content and images © Copyright ©2025, Northern Kentucky Multiple Listing Service, Inc. All rights reserved.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 11:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of property exterior

$279,900

217 Wallace Ave

$3,324

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Mar 20, 2009
Home Sold
$35,000

Tax history

YearAssessmentProperty Tax
2023$120,000$1,598
2022$120,000$1,585
2021$95,000$1,524
2020$95,000$1,524
2019$95,000$1,534
2018$95,000$1,534
2017$95,000$1,556

History based on county public records data.

Nearby schools

4

Sixth District Elementary School

Public District KG-5

0.3 mi

19th and Maryland

9

Glenn O Swing Elementary School

Public District KG-5

0.6 mi

501 W 19th St

3

Ninth District Elementary School

Public District KG-5

1.0 mi

2800 Indiana Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $30,769. The majority of Covington, KY residents have income less than $<35k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

52%
<35k
32%
35k-100k
13%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

64%
Single, No Kids
15%
Single, with Kids
13%
Married, No Kids
8%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
7%
12-17 yrs old
28%
18-34 yrs old
44%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • BurlingtonBurlington
  • H&MH&M
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Boston MarketBoston Market
  • PopeyesPopeyes

What do the neighbors drive?

  • KiaKia
  • HondaHonda
  • NissanNissan

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

Living in Covington, KY

About 217 Wallace Ave

This home is located at 217 Wallace Ave in Covington, KY and zip code 41014. This 2,730 square foot home, which was built in 1909, sits on a 0.10 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 31, 2024 and is currently priced at $279,900.

Between January and February 2025, Covington, KY real estate market has seen increase in the number of listings by 45.7%. In February 2025 median list price was $230,000 and the average listing age was 73 days.

From Rocket Homes Real Estate and based on county public records data.

More resources