$699,500

224 Wallace Ave Covington, KY 41014

$8,307
Closing credit¹
5 beds
4 full, 1 partial
4,247 sqft
0.2 acres
$165 / sqft
House

Property details

About 224 Wallace Ave

Pictures say a lot, but this home is a must see!! Renovated from a 3-unit to a single family beautiful home in historical Wallace Woods! Discover the historic charm, modern vibe—and the ultimate garage setup! This 5-bed, 4.5-bath beauty blends timeless character with fresh, high-end updates. This is the perfect haven for those who appreciate history with a modern twist. Enjoy three floors of living space with a formal living area, modern kitchen, den/study and half bath on the 1st floor; primary bed/bath, 2 large bedrooms, additional bath and large family room on the 2nd floor; bedrooms 4 and 5 along with 2 baths, another large family room and laundry on the 3rd floor. There is plenty of storage in the basement with a walkout. And out back? A detached, oversized 3-car garage (approximately 1200 sq ft) with a full-on man cave upstairs (approximately 647 sq ft)—perfect for game days, hobbies, or your own private retreat. All in one of the city's most beloved historic neighborhoods. A rare opportunity to own a piece of the past—updated for the way you live today.

Highlights

Home typeSingle Family Residence
HeatingForced Air, Electric
StatusActive
CoolingCentral Air
Size4,247 sqft
BasementYes
Lot size0.23 Acres
Year built1910
ParkingDetached, Driveway, Garage, Garage Faces Front, Off Street, On Street, Oversized
MLS #631482
Garage3 spaces
FireplaceElectric
ViewNeighborhood

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Appliances: Electric Oven, Electric Range, Dishwasher, Microwave
  • Basement: Yes
  • Interior: Kitchen Island, Walk-in Closet(s), Track Lighting, Storage, Pantry, Open Floorplan, Entrance Foyer, Eat-in Kitchen, Double Vanity, Built-in Features, Ceiling Fan(s), High Ceilings, Natural Woodwork, Recessed Lighting, Vaulted/Cathedral Ceiling(s)
  • Fireplace: Electric
  • Total Bedroom Count: 5
  • Garage Space: 3 spaces
  • Parking: Detached, Driveway, Garage, Garage Faces Front, Off Street, On Street, Oversized
  • View: Neighborhood
  • Exterior: Private Yard, Lighting
  • Architectural Style: Historic
  • Heating: Forced Air, Electric
  • Cooling: Central Air
  • List Price: $699,500
  • Price/SqFt: $164
  • Annual Tax Amount: $5,727
  • Tax Year: 2023
  • Lot: Level
  • Directions: From Martin Luther King, turn right onto Scott St south, left on Wallace Ave.
  • Year Built: 1910
  • Living Area: 4,247 SqFt
  • Lot Size: 0.23 Acres
  • MLS Number: 631482
  • MLS Name: Northern Kentucky Multiple Listing Service
  • Office Name: Lohmiller Real Estate
  • Office Phone: (859) 371-1444
  • Office Email: alohmiller@lohmillerrealestate.com
  • Listing Agent: Tina Jansen

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: 6/8/2025, 10:40:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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224 Wallace Ave, Covington, KY 41014 - view of front of house featuring a chimney, an outdoor structure, aphalt driveway, a gambrel roof, and a detached garage

$699,500

224 Wallace Ave

$8,307

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Sep 27, 2022
Home Sold
$430,000

Tax history

YearAssessmentProperty Tax
2023$430,000$5,727
2022$175,000$2,311
2021$175,000$2,744
2020$175,000$2,744
2019$175,000$2,764
2018$175,000$2,764
2017$175,000$2,804

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

0.7 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 $47,328. Residents of Covington, KY typically earn between $35k-100k each year. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

34%
<35k
56%
35k-100k
7%
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?

59%
Single, No Kids
19%
Single, with Kids
13%
Married, No Kids
9%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

20%
<11 yrs old
8%
12-17 yrs old
24%
18-34 yrs old
40%
35-64 yrs old
8%
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

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Frequently asked questions

Living in Covington, KY

Covington's transport infrastructure includes a network of buses that facilitate movement within the city and connections to neighboring areas. The city is also bike-friendly, with several dedicated lanes and trails. Major highways nearby provide easy access for commuters, and ongoing projects aim to enhance the efficiency of local transportation.

The city provides a robust selection of services, including public and private educational institutions, with a focus on catering to a diverse population. Healthcare facilities are comprehensive, offering a range of services from primary care to specialized treatments. Retail and dining establishments are plentiful, showcasing local flavors and crafts, and the public library system is well-integrated into the community.

Covington is celebrated for its historic charm and vibrant arts scene. The community prides itself on a rich heritage with events like the MainStrasse Village Oktoberfest, reflecting the area's strong German roots. The city's riverfront location contributes to its picturesque setting and leisurely lifestyle.

Covington's housing market is diverse, offering a range of options from historic row houses to contemporary condominiums. Single-family homes are prevalent, with a mix of Victorian, Italianate, and modern architectural styles. The market is balanced with a homeownership rate around 60%, leaving a substantial portion of properties available for rent.

About 224 Wallace Ave

The listing price of 224 Wallace Ave property is $699,500.

The property 224 Wallace Ave is a house located in Covington, Kentucky, 41014.

Active Listing: 224 Wallace Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 224 Wallace Ave are: Sixth District Elementary School (GreatSchools Rating 4/10), Glenn O Swing Elementary School (GreatSchools Rating 9/10), Ninth District Elementary School (GreatSchools Rating 3/10), Holmes Middle School (GreatSchools Rating 3/10), Southgate Public School (GreatSchools Rating 5/10), Highlands Middle School (GreatSchools Rating 8/10), Holmes High School (GreatSchools Rating 1/10), Newport School of Innovation (GreatSchools Rating 1/10), Newport High School (GreatSchools Rating 4/10).

According to the records, the last property tax for 2023 is $5,727 (source: MLS/based on county public records data).

The last sale was on September 27, 2022 for $430,000 (source: MLS/tax record).

The property at 224 Wallace Ave has 5 bedrooms and 4 full and 1 half bathrooms.

The property 224 Wallace Ave is 4,247 SqFt (source: MLS/tax record).

The year of construction for 224 Wallace Ave is 1910.

This home is located at 224 Wallace Ave in Covington, KY and zip code 41014. This 4,247 square foot home, which was built in 1910, sits on a 0.23 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since April 14, 2025 and is currently priced at $699,500.

The number of homes for sale in Covington, KY increased by 79.8% between April and May 2025. While the average time on the market in May 2025 was 62 days, the median list price was $254,900.

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

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