501 Johnson Street
Covington, KY, 41011 $ 690,000
Bedrooms2 Baths2.1 Sq 3,186 Monthly Estimate*
$ 4,248
for $690,000 with 2 bedrooms and 2 full baths, 1 half bath. This 3,186 square foot home was built in 1860 on a lot size of 0.05.
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). 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. 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.
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FeaturesGeneralLiving Area 3186.0
Sewer Public Sewer
Heating Forced Air
Cooling Central Air
Utilities Natural Gas Available
Roof Membrane
Garage Spaces 0.0
Construction Materials Brick
Full Baths 2
Half Baths 1
Year Built 1860
Levels Three Or More
Property Subtype Multi Family
County Kenton
New Construction No
Property Type D
Attached Garage No
Status Active
Directions 75 N to Fifth St exit to Rt on Johnson.
High School Holmes Senior High
City Covington
School District Covington Indep
Zoning Description Multi Family
Number Of Units Total 3
MLS Area K01 - Covington North
Lot Size Units Acres
Lot Size Square Feet 2250.0
Elementary School John G. Carlisle Elementary
Middle/Junior High School Holmes Middle School
MLS Area Minor K01 - Covington North
Structure Type Triplex
Standard Status Active
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InteriorBasement Full
Kitchen Appliances Dishwasher Electric Oven Stainless Steel Appliance(s) Microwave Electric Cooktop Washer/Dryer Stacked Refrigerator
Total Fireplaces 3
Fireplace Features Inoperable
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Vinyl Clad Window(s)
Fireplace Y/N Yes
Total Bathrooms 3.0
Total Baths 3
Total Bedrooms 2
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ExteriorParking Features Off Street No Garage On Street
Water Source Public
Total Parking 6.0
Lot Size Area 0.05
Foundation Details Stone
Lot Dimensions 25 x 90
Lot Size Acres 0.05
Land Lease Type Fee
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* Excluded FeaturesList Bytonya.mcmahon@exprealty.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,248
- Monthly Property Taxes
- --
- Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Covington, KY
Average List Price $389,753
Percent of Sale Price 44%
About Covington, KY 41,769 Population
-4% Since 2002
$ 40,250 Median Income
37.49 Median Age
23% Households with Children
Trends Information provided by ATTOM Data Solutions.
3163856 Elementary School
3163344 Middle School
Holmes Senior High High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 1/27/2026 | $690,000 | | Listed Price |