511 W 16th St, Covington, KY, 41014
About This Home
Exceptional opportunity in the heart of Covington! Nestled on a desirable corner lot, this charming 4-bedroom, 1.5-bath home is full of potential for investors, first-time homebuyers, or anyone ready to make a space their own in one of Northern Kentucky's fastest-growing communities. Built in 1923, the home offers timeless character paired with practical features like off-street parking and a spacious, flexible layout ready for your personal touch and updates. With four generously sized bedrooms, there's ample space for a growing family, home office setup, or rental income possibilities. Whether you're searching for your next investment opportunity, an addition to your rental portfolio, or an affordable home with room to build equity, this property offers endless possibilities in a thriving location. Don't miss your chance to own a home with strong upside potential in the heart of Covington.
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1923
Materials
- Foundation: Block
- Roof: Shingle
- Construction materials: Aluminum Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Single Family Residence,Residential
Interior
Appliances
- Appliances included: Other
Basement
- Has basement: Yes
- Basement: Full
Bathroom2
- Features: Hardwood Floors
- Level: First
- Area: 0
- Dimensions: 0 x 0
Bedroom2
- Features: Hardwood Floors
- Level: First
- Area: 120
- Dimensions: 12 x 10
Bedroom3
- Features: Hardwood Floors
- Level: First
- Area: 156
- Dimensions: 13 x 12
Bedroom4
- Features: Hardwood Floors
- Level: First
- Area: 110
- Dimensions: 11 x 10
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 1
- Full bathrooms: 1
Features
- Window features: Other
- Number of fireplaces: 1
- Fireplace features: Decorative,Wood Burning
- Fireplace: Yes
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 1,224
- Total interior livable area: 1,224 sqft
Primary Bath
- Features: Hardwood Floors
- Level: First
- Area: 0
- Dimensions: 0 x 0
Primary Bedroom
- Features: Hardwood Floors
- Level: First
- Area: 132
- Dimensions: 12 x 11
Property
Details
- Parcel number: 0551209001.00
Features
- Levels: One
- Stories: 1
Lot
- Lot size: 3,049 sqft
- Lot size dimensions: 3136
Parking
- Parking features: Driveway,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
- Strong Wind
- Cold Wave
- Inland Flooding
- Lightning
- Tornado
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 | $783 | $9,396 |
| Home Insurance * | $123 | $1,476 |
| Property Taxes | $165 | $1,980 |
| Electricity | $154 | $1,850 |
| Total | $1,225 | $14,700 |
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)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-14 | Listed for sale | $154,900 |
| 2026-06-25 | Pending sale | $154,900 |
| 2026-06-19 | Listed for sale | $154,900 |
| 2020-12-02 | Listing removed | $89,900 |
| 2020-11-16 | Pending sale | $89,900 |
| 2020-11-09 | Listed for sale | $89,900 |
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