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Updated 20 minutes ago

123 W 5th St


Covington, KY

3 Bed
1 Bath

1,200 Sq. Ft.

Available starting Nov. 10th
3 Beds • 1 Bath
$2,000
1200 ft2
1 Available
Managed By: Gastright Properties
Apt. #3
$2,000
Available Nov 10th, 2026
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Where you'll live
Street View
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Satellite View
Location ratings
Walk Score®
77
Very Walkable
Amenities
On-site Laundry
Air Conditioning
Storage
Refrigerator
Garbage Disposal
Trash Removal Included
Water Included
Range / Oven
Microwave
High-speed Internet
Smoke-free Community
Fees & leasing info
Pets
Cats Ok
Parking
Garage - Attached
Lease & Fees
Security Deposit: $2,000
Property details
Description

Beautiful Architectural Details in this 1200 SF 3 Bed Apt with Private Balcony - This 3rd floor apartment with 5 huge rooms boasts hardwood floors, gorgeous wood detailing and 3 original carved wood mantles. Large expansive windows adorn this apt in the front of the building. Location is everything with this apt 3 blocks from the shops and restaurants in bustling downtown Covington and Mainstrasse Village.
This apartment is perfect for a single, couple or 3 roommates. There are 2 sets of beautiful pocket doors off of the main space that can be used as private bedrooms or opened can allow for a huge open layout. A private shady balcony off of the main space is perfect for hot summer days, a warm spring or cool autumn nights. Tucked into a breezeway between buildings, the balcony is sheltered from the rain and traffic noise.
The kitchen is very large with plenty of space for a table to entertain your guests, including a large pantry. The bathroom located off of the main hall has tasteful finishes and fixtures. There are several huge closets throughout the apartment and some storage space is available in the basement where coin operated washer and dryer are conveniently located as well. This historic building has all the charm of a beautifully restored building AND upgraded with central air!
The *photos shown here don't do this apartment justice so make an appointment to see all of it's beauty in person.
Sorry, no Choice Housing Vouchers are accepted at this property. Must have verifiable monthly income of at least 3x the rent to qualify. This building is non-smoking, has street parking, and cats are welcome with an additional $150 pet deposit.
*Some photos included are from the neighboring unit in the same building with the same floorplan and similar features. The tenant moving out has cared for and loved living there for many years so current photos will be taken when vacant.
No Dogs Allowed

Additional Details
Total Unit Count: 3
Last Updated: Updated 20 minutes ago
Contact Number: (859) 757-9700
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Charter Communications 940.0 35.0
ViaSat, Inc. 35.0 3.0
Hughes Network Systems, LLC 25.0 3.0
Cincinnati Bell Inc. 10.0 1.0
Cincinnati Bell Inc. 5.0 0.768
Data from June 2020 provided by the FCC
Photos Floor Plans Amenities
Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 123 W 5th St by bedroom type below.
3 Bedroom
Suggested income:
$72,000
per year
Rent report

123 W 5th St Rent vs. Covington Average

 123 W 5th St      Covington Average
3BR
$2,000
$1,776
$0
$650
$1,300
$1,950
$2,600

123 W 5th St is asking 13% more than the average 3 bedroom apartment in Covington.

If you upsized to an average priced Covington 4 bedroom apartment, you would pay 15% more per month.

If you downsized to an average priced Covington 2 bedroom apartment, you would pay 10% more per month.

123 W 5th St provides 18% less square footage than the average Covington 3 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
123 W 5th St
3BR $2,000 $1.70 $6,000
Covington Average
Studio $1,799 $6.00 $5,397
1BR $1,386 $2.00 $4,159
2BR $1,963 $1.70 $5,890
3BR $1,776 $1.20 $5,328
4BR $2,100 $1.20 $6,300

Availability in Covington

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 44 1BR units on the market in Covington. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
1% 45% 43% 8% 2%
Available Units in Covington
Studio 1
1BR 44
2BR 42
3BR 8
4BR 2
Location
Nearby Colleges
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in on November 10, 2026.
What's the square footage of the available units?
It's 1,200 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats.
How many bedrooms are in the available units?
There are 3 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
123 W 5th St has a 3 bedroom unit starting at $2,000.
Where is this property located?
This property is at 123 W 5th St in Covington, KY. It's 0.8 miles west from the center of Covington.
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