




501 Johnson St, Covington, KY, 41011
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
Schools
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
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Strong Wind
- Tornado
- Cold Wave
- Ice Storm
- Lightning
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Kentucky Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,286 | $39,432 |
| Home Insurance * | $440 | $5,280 |
| Property Taxes | $642 | $7,704 |
| Electricity | $251 | $3,019 |
| Total | $4,619 | $55,428 |
Income You'd Need if You Spent...
Kentucky FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-02 | Listed for sale | $649,900 |
| 2026-04-28 | Listing removed | $675,000 |
| 2026-02-27 | Price change | $675,000 |
| 2026-01-27 | Listed for sale | $690,000 |
| 2019-10-07 | Sold | $425,000 |
| 2016-10-04 | Sold | $80,600 |
| 2016-04-01 | Sold | $66,262 |
| 2014-06-19 | Sold | $55,100 |
| 2014-04-26 | Listed for sale | $49,900 |
| 2014-03-06 | Sold | $68,251 |
| 2013-11-07 | Listed for sale | $69,900 |
| 2013-05-23 | Pending sale | $69,900 |
| 2013-03-06 | Listed for sale | $69,900 |
| 2003-10-02 | Sold | $103,000 |
| 1995-08-31 | Sold | $37,000 |
