Covington Homes under $200,000

Welcome to Covington, Kentucky – a vibrant city that beautifully blends historic charm with modern convenience. Nestled in Kenton County, just a stone's throw from the bustling city of Cincinnati, Covington offers residents a unique lifestyle enriched by a diverse community and an array of amenities. With picturesque streets lined with historic buildings, lush parks, and a thriving arts scene, Covington is a hidden gem waiting to be discovered.

For those seeking affordable housing options, Covington is an excellent choice. The city boasts a variety of homes priced under $200,000, making it an attractive destination for first-time homebuyers, young professionals, and families alike. These homes often feature character-filled architecture, spacious layouts, and convenient access to local shops, restaurants, and public transportation. Whether you're looking for a cozy bungalow, a charming townhouse, or a classic Victorian, Covington has something to suit every taste and budget.

Living in Covington means enjoying a strong sense of community, with friendly neighbors and local events that bring everyone together. Explore the scenic riverfront, indulge in delicious cuisine at local eateries, or take a stroll through the historic districts that showcase the city's rich heritage. With its affordable housing options and vibrant lifestyle, Covington is not just a place to live; it's a place to call home. Come and discover the endless possibilities that await you in this delightful city!

Newest Covington Homes under $200,000

$175,000

647937 MLS

Discover the potential at 113 E. 30th Street in Covington! This property presents a great value-add opportunity for investors looking to build equity and grow their rental portfolio. One unit is currently rented for $900 per month on a HUD contract, providing immediate rental income with potential to increase returns. Conveniently located near local amenities, shopping, and major roadways, this property offers accessibility and investment potential. Whether you're an experienced investor or looking for your next real estate project, this is an opportunity worth exploring.

113 E 30th Street, Covington

$195,000

2 Beds ⋅ 1 Baths ⋅ 647893 MLS

Check out this charming 2-bedroom ranch with the beautiful, quiet scenery of Twin Oaks Golf Course at your back door! Sitting on a double lot, this home boasts an oversized driveway for off-street parking, a spacious backyard for enjoying the views, and not 1 but, 2 screened-in porches. With a modern interior, stainless steel appliances and butcher block counters- all you have to do is move in!

3808-10 Leslie Avenue, Covington

$185,000

2 Beds ⋅ 1 Baths ⋅ 647879 MLS

Charming 2-bedroom home is ready to move in. Brand new wood plank floors. newer HVAC, stainless steel appliances, granite countertops. Gas stove. Covered front porch back of house allows for useable outdoor space!

714 W Southern Avenue, Covington

$45,000

2 Beds ⋅ 1 Baths ⋅ 647804 MLS

Prime Investment Opportunity in High-Growth Covington Location! Positioned in one of Northern Kentucky's most convenient and rapidly evolving corridors, 1212 W Pike Street presents an outstanding opportunity for savvy investors, builders, and portfolio owners. Situated on a ~0.07-acre lot (~3,125 sq. ft.), this property offers exceptional value-add potential whether your vision involves a full renovation, long-term rental holding, or future redevelopment. Key Property Highlights: Flexible Layout: ~561 sq. ft. structure featuring 1-2 bedrooms and 1 full bath. Prime Connectivity: Unmatched access to I-71/I-75 ensures a fast, seamless commute to Downtown Cincinnati, MainStrasse Village, Amazon Air Hub/CVG Airport, and major NKY employment centers. Strategic Location: Located in Covington's historic Lewisburg neighborhood, surrounded by ongoing private investment, commercial growth, and neighborhood revitalization. Growth Potential: Positioned directly in the path of regional development with strong demand for both long-term rental inventory and renovated housing. Whether you are looking to expand your rental portfolio, execute a high-upside renovation, or capitalize on Covington's continued momentum, this property delivers location, accessibility, and long-term potential. Selling as-is. Bring your ideas and capitalize on this high-upside location today!

1212 W Pike Street, Covington

$179,900

2 Beds ⋅ 1 Baths ⋅ 647799 MLS

Cute move-in ready ranch home on quiet street with cul de sac! Freshly painted. Newer major items: A/C (2021), Furnace (2014), Roof (2021), Windows (2017). First floor features 2 bedrooms, living room, and kitchen, with laminate flooring throughout. Full unfinished basement with garage and laundry. Exterior features front porch and back patio, with manageable yard. Short walk to local park. Easy access to Madison Ave, I-71/75, & I-275. Covington Independent school district. Great value!

2739 Melton Avenue, Covington

$189,900

3 Beds ⋅ 1 Baths ⋅ 647660 MLS

Updated and ready for a new owner! This laid back bungalow offers 3 bedrooms, 1 bath, a nice living room and large kitchen for entertaining, an unfinished, walk out basement, a shed, a parking pad and fall colors galore on the .23 wooded lot! Perfect for downsizing or starting out or as an investment. Be in a new home by the holidays!

6132 Twin Lakes Drive, Covington

$135,000

1 Beds ⋅ 1 Baths ⋅ 647639 MLS

Your next cottage escape comes with a Covington address. This inviting one-bedroom, one-bath home blends a country feel with the ease of single-level living and outdoor spaces worth slowing down for. Inside, fresh LVP flooring, painted walls and ceilings create a clean, welcoming backdrop for your personal style, while an updated vanity and toilet complement the bathroom. Start your morning with coffee on the back porch or settle onto the deck when it's time to unwind. A combination of wood decking and turf brings added character to the outdoor setting, giving you options for enjoying a little time outside. Two off-street parking spaces add convenience, with everyday destinations within easy reach. Whether you're drawn to the cottage charm, the manageable layout, or the inviting outdoor spaces, this home offers a refreshing change of pace without leaving Covington behind.

11642 Vises Trail, Covington

$200,000

2 Beds ⋅ 2 Baths ⋅ 647612 MLS

Adorable and updated, this 2-bedroom, 2-bath home offers comfort, convenience, and an exciting opportunity for the right buyer! Conveniently located near everyday amenities, this home is a great option for anyone looking for a move-in-ready place to call home. Even better, the existing FHA mortgage may be assumable by a qualified buyer, potentially offering an opportunity to reduce upfront costs and eliminate the need for a traditional down payment, depending on loan terms and approval. Don't miss the chance to explore this unique financing opportunity and make this charming home your own! Buyer and buyers agent to confirm all details.

604 W 33rd Street, Covington

$179,900

2 Beds ⋅ 1 Baths ⋅ 647608 MLS

WOW! HUGE SELLER CONCESSION!! Seller will pay a rate buy down on your Loan ! This means seller will pay a upfront fee to lower the interest rate on The Buyers Loan, Resulting in reduced monthly Payments for you!! Beautifully remodeled two bedroom home in Covington Ky. Welcome to 418 Delmar Place: This charming two-bedroom one-bathroom home has been completely remodeled and updated with modern finishes and comfortable living, The home features a beautiful new kitchen with stainless steel appliances and quartz countertops, a completely updated bathroom, new flooring and stylish lighting throughout. Laundry is located on the main level and washer and dryer are included. A large basement provides additional space for storage, workshop or hobbies. Outside you will find a spacious front porch and fenced yard. This property is move-in ready and combines classic charm and modern amenities. Don't miss this great opportunity to own this charming home!!

418 Delmar Place, Covington

$175,000

2 Beds ⋅ 1 Baths ⋅ 647595 MLS

One floor living at it's finest with highly coveted OFF STREET PARKING. Located in west Covington only 2 miles to downtown Cincinnati and less than a mile to Mainstrausse dining and shopping. This all-brick home features new roof shingles, and a fenced rear yard. Inside, seller has updated the flooring and home has all new paint. Full bathroom has been updated with a tub/shower combo and new vanity. This home has a large laundry/utility room with a washer and dryer. Kitchen boasts new cabinets, granite counter top and new appliances. Seller recently added central air conditioning for the buyer's convenience.

902 Baker Street, Covington

$150,000

2 Beds ⋅ 1 Baths ⋅ 647532 MLS

Great opportunity for investors or buyers looking to add their own personal touch! This 2-bedroom, 1-bath ranch in Covington offers a manageable layout with plenty of potential. With a few cosmetic updates and some TLC, this home could make a great rental property or an affordable place to call home. Whether you're looking to expand your investment portfolio or take on a project to make your own, this property is worth a look. Bring your ideas and unlock the possibilities!

1724 Banklick Street, Covington

$149,900

3 Beds ⋅ 2 Baths ⋅ 647326 MLS

Calling all investors! 3108 Roger Street is a value-add opportunity packed with potential. Whether your vision is to renovate and resell, hold as a rental, or explore the possibility of converting the property into a duplex, there are multiple ways to maximize this investment. The third floor offers additional untapped space with endless possibilities for expanding the usable footprint. Bring your contractor, your vision, and your numbers--this property is ready for its next chapter and offers plenty of opportunity to build equity and create long-term value. Property will not go FHA.

3108 Rogers Street, Covington

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ program of the Multiple Listing Service of Greater Cincinnati. Real estate listings held by brokerage firms other than our company are marked with the Broker Reciprocity™ logo (the small house as shown to the left) and detailed information about them includes the name of the listing brokers. This data is up-to-date as of . Copyright 2026, MLS of Greater Cincinnati, Inc. All rights reserved. Information deemed reliable but not guaranteed.

Covington Homes under $200,000

Newest Covington Homes under $200,000

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