Multi Family Investment Properties for Sale in Independence, KY

Independence, Kentucky offers compelling opportunities for multi-family real estate investors seeking stable returns in a growing Northern Kentucky market. The area has experienced significant appreciation, with median home prices up 20.4% year-over-year as of November 2025, driven by strong regional development and migration patterns. Multi-family properties benefit from a competitive rental market with median rents around $325K for comparable units, supported by ongoing infrastructure investments and mixed-use developments like Union Promenade and Covington Central Riverfront. The market remains more affordable than national averages while maintaining healthy occupancy rates, making it attractive for both value-add and stabilized multi-family acquisitions.