501 Johnson Street, Covington, KY 41011

$649,900
3
BD
4
BA
3,186
SqFt

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List Price
$649,900
MLS#
642170
Status
ACTIVE
County
Kenton
City
Covington
Bedrooms
3
Bathrooms
4
Half-baths
1
Living Area
3,186
Acres
0.05

Property Description

Exceptional renovated triplex in the heart of Covington, KY--just steps from Cincinnati and Main Strasse Village. Zoned mixed use, this offering includes the adjacent vacant lot, creating a rare opportunity for expansion, additional parking, or future development (buyer to verify). Off street parking for six-eight cars! Located one block from the highly anticipated Covington Central Riverfront redevelopment, the property is positioned near future restaurants, retail, housing, and office space, offering strong long-term appreciation potential. Originally built in 1860, this historic property seamlessly blends timeless character with modern updates throughout. The building features three well-appointed units: two 1-bedroom, 1-bath units and one 1-bedroom, 1.5-bath unit, an ideal configuration for tenants, investors, or owner-occupants. Each unit has been thoughtfully renovated to meet today's standards while preserving the charm of the era. The walkable location provides easy access to downtown Covington, Main Strasse Village, Cincinnati's Central Business District, dining, entertainment, and riverfront amenities. Plenty of off street parking for 6 cars in the back parking lot and driveway in front that holds 3 cars. Whether you're an investor seeking a turnkey multifamily in a high-growth area or an owner-occupant looking for flexibility and future development potential, this property delivers history, location, income potential, and additional land in one of Northern Kentucky's most desirable urban corridors.

Additional Information

Year Built
1860
Fireplace Description
Inoperable
Cooling
Central Air
Heating
Forced Air
Roof
Membrane
School District
Covington Indep
Elementary School
John G. Carlisle Elementary
Middle School
Holmes Middle School
High School
Holmes Senior High

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Listing courtesy of eXp Realty LLC.