328 Bush Street Covington, KY $ 250,000
328 Bush Street
$ 250,000
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328 Bush Street

Covington, KY, 41011
$ 250,000
Bedrooms3 Baths3.0 Sq 1,920

Monthly Estimate*

$ 1,539

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Multi-Family Home for sale in Covington, KY

for $250,000 with 3 bedrooms and 3 full baths. This 1,920 square foot home was built on a lot size of 0.05.

Welcome to 328 Bush Street in Covington (41011) -- where smart ownership meets opportunity. This three-unit triplex is perfectly positioned for a buyer who wants more than just a place to live. Our main goal here? House hack it. Live in one unit and let the other two help cover your mortgage. Instead of carrying 100 percent of your housing cost alone, you step into ownership with built-in support. Current rents are strong: the front first-floor unit brings in $1,100 per month, the rear first-floor unit rents for $900, and the upstairs unit commands $1,600 if not owner-occupied. That's up to $3,600 per month in gross income potential. If you live upstairs, the two lower units generate $2,000 monthly to offset your payment. At a list price of $250,000, this creates an approachable entry point for a young buyer, first-time homeowner, or savvy investor who understands long-term strategy. Instead of asking, ''Can I afford this mortgage?'' the better question becomes, ''How much of my mortgage is already covered?'' The owner currently pays all utilities. Significant improvements have been completed across all three units, including renovated kitchens and bathrooms, updated flooring, refreshed doors and entry points, and an exterior deck that adds usable outdoor space and tenant appeal. Located in desirable 41011, close to downtown Cincinnati and everything Covington offers, demand for well-maintained rental units remains strong. Live in it now. Let it support you. Move later and convert to a fully income-producing property. Three units. Multiple income streams. A strategy that grows with you.

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Multi-Family Active

Price

$ 250,000

Bedrooms

3

Full Bath

3

Property Type

Multi-Family

Taxes

$ 0

Style

Multi Family

Lot Size

0.05

Town/City

Covington

County/Region

Kenton

MLS | Web ID

640239

Features
General
Living Area 1920.0
Sewer Public Sewer
Heating Forced Air Natural Gas
Cooling Central Air
Utilities Natural Gas Available Cable Available Underground Utilities Water Available Sewer Available
Roof Shingle
Garage Spaces 0.0
Construction Materials Brick
Full Baths 3
Half Baths 0
Levels Two
Property Subtype Multi Family
County Kenton
New Construction No
Property Type D
Attached Garage No
Status Active
Directions Exit 191 on I-75 to W MLK Jr BLVD make a left onto Garrard St Make a right onto Bush Street on your left
High School Holmes Senior High
City Covington
School District Covington Indep
Number Of Units Total 3
MLS Area K01 - Covington North
Lot Size Units Acres
Lot Size Square Feet 2225.0
Elementary School John G. Carlisle Elementary
Middle/Junior High School Holmes Middle School
Property Condition Existing Structure
MLS Area Minor K01 - Covington North
Structure Type Triplex
Standard Status Active
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Interior
Kitchen Appliances Electric Oven Gas Cooktop Refrigerator
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Insulated Windows
Fireplace Y/N No
Total Bathrooms 3.0
Total Baths 3
Total Bedrooms 3
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Exterior
Parking Features On Street
Water Source Public
Lot Size Area 0.05
Foundation Details Block
Lot Dimensions 89x25
Lot Size Acres 0.05
Land Lease Type Fee
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* Excluded Features
List By
Exp Realty, Llc

Broker

Sara@YourFavoriteRealtor.org

Email

Affordability Calculator

$1,539
Per Month
100%
0%
0%
Monthly Principal & Interest
$1,539
Monthly Property Taxes
--
Monthly Home Insurance
--
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.
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Nearby
3163856 Elementary School
3163344 Middle School
Holmes Senior High High School
Pricing History
DatePricePrice ChangeDescription
3/2/2026$250,000 Listed Price

Map


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328 Bush Street, Covington, KY, 41011 is a Multi-Family Home for sale at $250,000 with 1,920 sqft and a lot size of 0.05. 328 Bush Street has 3 bedrooms and 3.0 baths. The property's zip code is 41011 which is in Covington, KY