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Updated 2 hours ago

Martana Flats


500-518 Wallace Ave Covington, KY

Studio - 3 Bed
•
1 - 2 Bath

550 - 900 Sq. Ft.

Available Now
Studio • 1 Bath
$849
550 ft2
1 Available
Managed By: Alaya Management Services
512/16
$849
Available Now
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1 Bed • 1 Bath
$825 - $899
550 ft2
0 Available
Managed By: Alaya Management Services
512 Wallace Avenue Unit 15
$825
Rented
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518/06
$899
Rented
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512/09
$899
Rented
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512/08
$825
Rented
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512/15
$899
Rented
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1 Bed • 1 Bath
$800
600 ft2
0 Available
Managed By: Alaya Management Services
518 Wallace Avenue Unit 01
$800
Rented
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1 Bed • 1 Bath
$625 - $849
Size: N/A
0 Available
Managed By: Alaya Management Services
512/02
$625
Rented
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512/04
$849
Rented
View
512/03
$820
Rented
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1 Bed • 1 Bath
$849
450 ft2
0 Available
Managed By: Alaya Management Services
512/11
$849
Rented
View
1 Bed • 1 Bath
$850
500 ft2
0 Available
Managed By: Alaya Management Services
518/10
$850
Rented
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2 Beds • 1 Bath
$925 - $1,049
635 ft2
0 Available
Managed By: Alaya Management Services
512 Wallace Avenue Unit 14
$925
Rented
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512/14
$949
Rented
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512/12
$1,049
Rented
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2 Beds • 1 Bath
$999
650 ft2
0 Available
Managed By: Alaya Management Services
512/01
$999
Rented
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2 Beds • 1 Bath
$899
800 ft2
0 Available
Managed By: Alaya Management Services
518/01
$899
Rented
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2 Beds • 2 Bath
$1,299
900 ft2
0 Available
Managed By: Alaya Management Services
512/18
$1,299
Rented
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3 Beds • 2 Bath
$1,150
900 ft2
1 Available
Managed By: Alaya Management Services
500/05
$1,150
Available Now
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Where you'll live
Street View
Map View
Satellite View
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
Range / Oven
Microwave
High-speed Internet
Smoke-free Community
Dishwasher
Elevator
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Parking
Surface Parking
Garage - Attached
Lease & Fees
Security Deposit:

849 - 1150

Property details
Description

----------------------------------Current Special: One FREE Month of Rent ------------------------------------------
The property is centrally located to all major highways and shopping for your convenience and accessibility. It is a 20 minute drive to Florence and Clifton. It is located 10 minutes away from Downtown Covington/Cincinnati and Newport, Kentucky! It is also a short drive to Northern Kentucky University.
Martana Flats offers beautiful apartments located in the Historic area of Covington, KY. Peaceful residential street with wonderful 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. If a 3 bedroom flat is not exactly what you are looking for please ask us about our 1 and 2 bedroom flats we have available.
Qualifications include at Experian.com credit score of 600, gross monthly income 2.5-3 times rent, and no eviction or criminal convictions in past 5 years.
Call / Text (513) 818-2818 to schedule a showing today.
Property Amenities Available:
Gated property
Beautiful Green Space
Amazing wood work and character
Secured Entrances
Laundry Facility On-Site
Beautiful Curb Appeal
Historic Area
Off Street Parking
On Street Parking
Nice Neighborhood
Apartment Amenities:
Open Floor Plan
Large Living Space
Large Balcony Access
Spacious Kitchen Space
Nice Closet Space throughout unit
Large Windows providing natural lighting

Additional Details
Total Unit Count: 32
Last Updated: Updated 2 hours ago
Contact Number: (513) 818-2818
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
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 Martana Flats by bedroom type below.
Studio
Suggested income:
$30,600
per year
3 Bedroom
Suggested income:
$41,400
per year
Rent report

Martana Flats Rent vs. Covington Average

 Martana Flats      Covington Average
Studio
$849
$1,799
$0
$600
$1,200
$1,800
$2,400
3BR
$1,150
$1,776
$0
$600
$1,200
$1,800
$2,400

Martana Flats is asking 53% less than the average studio apartment in Covington.

If you upsized to an average priced Covington 1 bedroom apartment, you would pay 30% less per month.

Martana Flats provides 83% more square footage than the average Covington studio apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Martana Flats
Studio $849 $1.50 $2,547
3BR $1,150 $1.30 $3,450
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 38 2BR units on the market in Covington. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
4% 42% 45% 7% 2%
Available Units in Covington
Studio 3
1BR 35
2BR 38
3BR 6
4BR 2
Location
Nearby Colleges
FAQs
Is this property currently leasing units?
Yes. There are 2 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 2 units vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 550 to 900 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 studio 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 $849 to $1,150. Martana Flats has studio units available starting at $849 and 3 bedroom units available starting at $1,150.
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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