City-Owned Real Estate

Description

In order to provide increased opportunities for housing and economic development, blight reduction, and general public benefit, the City of Covington seeks the return of surplus City-owned real property to the highest and best productive use.  Please note that applicable Kentucky law governs how Covington can sell or transfer its real property to members of the public.  The City has several options ranging from transferring real property with or without compensation to another governmental agency to selling at appraised fair market value with or without bids.  Certain limitations apply to the disposition options and a more detailed list can be found by reviewing Kentucky Revised Statute § 82.083.

If you are interested in purchasing real estate that is owned by the City, the program guidelines, application and current inventory can be found below.