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501 Johnson St, Covington, KY, 41011

3beds
4baths
3,186sqft
$649,900
$204price/sqft
$4,619/moest. monthly cost
$184,760/yrincome needed

About This Home

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.

Getting Around

92
WalkingWalker's Paradise
45
TransitSome Transit
68
BikeBikeable

Schools

3/10
Holmes Middle SchoolGrades 6-81.8 mi
1/10
Holmes High SchoolGrades 9-121.8 mi

Construction

Condition

  • Year built: 1860

Materials

  • Foundation: Stone
  • Roof: Membrane
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family,Triplex

Interior

Appliances

  • Appliances included: Washer/Dryer Stacked,Electric Oven,Electric Cooktop,Stainless Steel Appliance(s),Dishwasher,Microwave,Refrigerator

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Features

  • Window features: Vinyl Clad Window(s)
  • Number of fireplaces: 3
  • Fireplace features: Inoperable
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,186
  • Total interior livable area: 3,186 sqft

Property

Details

  • Parcel number: 0542102003.00
  • Zoning description: Multi Family

Features

  • Levels: Three Or More
  • Stories: 3

Lot

  • Lot size: 2,178 sqft
  • Lot size dimensions: 25 x 90

Parking

  • Total spaces: 6
  • Parking features: No Garage,Off Street,On Street
  • Has uncovered spaces: Yes