Reviving History, Creating Homes
Historic rentals in Covington & Newport, KY – modern comfort meets vintage charm
About Rippe Kruse Investments
We specialize in acquiring and rehabilitating historic properties throughout Covington and Newport, Kentucky. Our mission is to preserve architectural heritage while creating comfortable, modern living spaces that honor the past and serve the present.
Historic Preservation
Carefully restoring architectural heritage while adding modern amenities
Community Focus
Revitalizing neighborhoods and creating vibrant living spaces
Quality Rentals
Providing comfortable, well-maintained homes for our tenants
Proven Results
Successfully managing and maintaining historic properties since inception
Our Community Impact
By investing in historic properties, we're not just creating homes – we're contributing to the revitalization of Covington and Newport's historic districts, preserving their unique character for future generations while supporting local economic growth.
Our Historic Properties
Discover our carefully curated collection of historic rental properties throughout Covington and Newport, Kentucky.
1023 York St, Units 1 & 2
Beautifully restored historic duplex featuring original architectural details combined with modern amenities. Both units offer spacious living with updated kitchens and bathrooms.
1409 Scott St, Units 1 & 2
Prime walkable location near parks and transit. This historic duplex has been carefully renovated to preserve its character while providing contemporary comfort.
2009 Scott St, Units 1 & 2
Vintage charm meets modern living with completely updated kitchens and bathrooms. Original hardwood floors and period details have been lovingly preserved.
18 Martin St
Stunning standalone historic home featuring original period woodwork and beautiful hardwood floors throughout. A true showcase of historic preservation.
Market & Strategy
Strategic Focus on Historic Value
Northern Kentucky's historic districts offer exceptional investment opportunities with their unique architectural character, proximity to Cincinnati, and growing demand for authentic historic living experiences. Our dual rental strategy combines stable long-term tenants with high-yield short-term vacation rentals, capitalizing on both local housing demand and tourism appeal. Rising property values in these established neighborhoods, coupled with the irreplaceable nature of historic architecture, create a compelling investment proposition with both income generation and long-term appreciation potential.
Historic Districts
Prime locations in Covington & Newport's historic neighborhoods
Rising Values
Consistent appreciation in Northern Kentucky's historic markets
Dual Strategy
Traditional long-term rentals plus short-term Airbnb opportunities
Strong Returns
Proven income generation through strategic property selection
Investment Snapshot
Comprehensive overview of our historic property portfolio performance and returns.
$835,000
Total Portfolio Value
$13,510
Monthly Income
$162,120
Annual Income
| Property Address | Type | Status | Estimated Value | Monthly Income | Occupancy | Notes |
|---|---|---|---|---|---|---|
1023 York St | Historic Duplex | Fully Rented | $180,000 | $1,800 | 100% | Long-term tenants, stable income |
1409 Scott St | Historic Duplex | Fully Rented | $175,000 | $1,750 | 100% | Premium location, transit access |
2009 Scott St | Historic Duplex | Fully Rented | $170,000 | $1,700 | 100% | Vintage charm, modern updates |
18 Martin St | Standalone Home | Fully Rented | $160,000 | $1,600 | 100% | Original woodwork, hardwood floors |
| Airbnb Property | Short-term Rental | $150,000 | $6,660 | 60% | High-yield vacation rental |
Get In Touch
Interested in our historic properties or have questions about investment opportunities? We'd love to hear from you.
Send us a message
Service Areas
Covington & Newport, KY
Business Hours
Monday - Friday, 9AM - 5PM
Investment Opportunities
We're always looking for new historic properties to add to our portfolio. If you're interested in selling a historic property or discussing investment partnerships, please reach out to us.