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Home / Cincinnati Area Apartments / Covington / 500-518 Wallace Ave
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Updated 6 hours ago

500-518 Wallace Ave


Covington, KY

1 - 3 Bed
•
1 - 2 Bath

600 - 1,200 Sq. Ft.

Available Now
Floor plans
1 Bed • 1 Bath
$800
600 ft2
1 Available
Managed By: Alaya Management Services
Updated about 6 hours ago

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518 Wallace Avenue Unit 01
$800
Available Now
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View More
2 Beds • 1 Bath
$925
635 ft2
0 Available
Managed By: Alaya Management Services
Updated over 1 month ago

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512 Wallace Avenue Unit 14
$925
Rented
View
3 Beds • 2 Bath
$1,200
Size: N/A
1 Available
Managed By: Alaya Management Services
Updated about 6 hours ago

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500-518 Wallace Ave - 500/05
$1,200
Available Now
View
View Rented Units
3 Beds • 2 Bath
$1,200
1200 ft2
1 Available
Managed By: Alaya Management Services
Updated about 6 hours ago

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518 Wallace Avenue Unit 03
$1,200
Available Now
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Where you'll live
Street View
Map View
Satellite View
500-518 Wallace Ave
500-518 Wallace Ave
500-518 Wallace Ave
Location ratings
Walk Score®
33
Car-Dependent
Transit Score®
34
Some Transit
Bike Score®
50
Bikeable
Amenities
On-site Laundry
Air Conditioning
Storage
Disability Access
Refrigerator
Garbage Disposal
Trash Removal Included
Water Included
Elevator
Smoke-free Community
High-speed Internet
Microwave
Range / Oven
Dishwasher
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Parking
Surface Parking
Garage - Attached
Lease & Fees
Security Deposit: 800 - 1200
Property details
Description

3Br Apartment Beautiful Historic Wallace Woods - Martana Flats is located in the beautiful historic district of Wallace Woods in Covington, Kentucky. Conveniently, it's just a few minute drive to all major highways, as well as downtown Cincinnati, Newport on the Levee, and Covington's Mainstrasse Village. Many shopping centers, Northern Kentucky University, and the University of Cincinnati are also a short drive from the property.

The property itself is located on a quiet and peaceful residential street with open green space available for your enjoyment. This marvelous vintage building has beautiful wood work and hardwood floors throughout for a very architectural feel. Martana Flats offers a variety of apartment floor plans and styles for everyone's wants, needs and desires.

Property Amenities Available:
Beautiful Green Space
Amazing wood work and character
Secured Entrances
Laundry Facility On-Site
Historic Area
Off Street Parking
On Street Parking
Nice Neighborhood

Apartment Amenities:
3 bedroom, 2 bath
Open Floor Plan
Hardwood floors
Large Living Space
Large Balcony Access
Spacious Kitchen Space
Nice Closet Space throughout unit
Large Windows providing natural lighting
Pet friendly

Contact us today to schedule a tour of your living options or to receive more information. We look forward to hearing from you!
Phone number: (513) 818-2818

(RLNE1880986)

Additional Details
Account Type: Other
Total Unit Count: 32
Last Updated: Updated 6 hours ago
Contact Number: (513) 793-3999
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Cincinnati Bell Inc. 1000.0 250.0
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
Data from June 2020 provided by the FCC
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Photos Floor Plans Amenities
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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 500-518 Wallace Ave by bedroom type below.
1 Bedroom
Suggested income:
$28,800
per year
3 Bedroom
Suggested income:
$43,200
per year
Rent report

500-518 Wallace Ave Rent vs. Covington Average

 500-518 Wallace Ave      Covington Average
1BR
$800
$1,236
$0
$450
$900
$1,350
$1,800
3BR
$1,200
$1,676
$0
$550
$1,100
$1,650
$2,200

500-518 Wallace Ave is asking 35% less than the average 1 bedroom apartment in Covington.

If you upsized to an average priced Covington 2 bedroom apartment, you would pay 36% more per month.

If you downsized to an average priced Covington studio apartment, you would pay 1% less per month.

500-518 Wallace Ave provides 21% less square footage than the average Covington 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
500-518 Wallace Ave
1BR $800 $1.30 $2,400
3BR $1,200 $1.00 $3,600
Covington Average
Studio $1,229 $4.10 $3,687
1BR $1,236 $1.60 $3,707
2BR $1,924 $1.80 $5,772
3BR $1,676 $1.20 $5,029

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 27 2BR units on the market in Covington. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
2% 46% 47% 5%
Available Units in Covington
Studio 1
1BR 26
2BR 27
3BR 3
Location
Nearby Colleges

Northern Kentucky University

University of Cincinnati

Xavier University

Cincinnati State Technical and Community College

Nearby Hospitals
Name Distance
St. Elizabeth Covington 1.16 mi.
St. Elizabeth Ft. Thomas 1.87 mi.
Northkey Community Care Intensive Services 2.01 mi.
Nearby Fire Stations
Name Distance
Covington Fire Department 1.01 mi.
Fort Wright Fire Department 1.01 mi.
Covington Fire Department 1.16 mi.
FAQs
Is this property currently leasing units?
Yes. There are 3 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 3 units vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 600 to 1,200 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are 1 and 3 bedroom units available.
How many bathrooms are in the available units?
There are 1 and 2 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $800 to $1,200. 500-518 Wallace Ave has 1 bedroom units available starting at $800 and 3 bedroom units available starting at $1,200.
Where is this property located?
This property is at 500-518 Wallace Ave in Covington, KY. It's 1.0 miles south from the center of Covington.
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