403 Riverside Drive Covington, KY $ 2,500,000
403 Riverside Drive
$ 2,500,000
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403 Riverside Drive

Covington, KY, 41011
$ 2,500,000
Baths0.0 Sq 9,508

Monthly Estimate*

$ 15,393

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Studio

Multi-Family Home for sale in Covington, KY

for $2,500,000. This 9,508 square foot home was built on a lot size of 0.44.

Introducing the Banning House at 403 Riverside Drive--an extraordinary and rare riverfront offering along Covington's Historic Riverside Drive and Licking River corridors. Rich in heritage, this Greek Revival residence dates to before 1860, once home to David and Jeremiah Banning, and now presents a compelling opportunity to shape a truly iconic asset. Currently configured as seven apartments with two coach houses, the property offers remarkable flexibility for visionary redevelopment. Envision a grand single-family urban estate, an elegant duplex, or a refined boutique multifamily residence--each possibility capitalizing on its architectural character and prime setting. Perfectly positioned directly across from the Cincinnati skyline, residents will enjoy seamless access to premier dining, entertainment, riverfront recreation, and key employment centers. Walkability and proximity to the Ohio River further elevate its lifestyle appeal. A distinctive and tightly held opportunity, the Banning House represents a rare chance to reimagine a historic riverfront presence along Covington's coveted Gold Coast--where legacy, location, and potential converge. See attached documents.

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Multi-Family Active

Price

$ 2,500,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Apartment

Lot Size

0.44

Town/City

Covington

County/Region

Kenton

MLS | Web ID

641855

Features
General
Living Area 9508.0
Sewer Public Sewer
Heating Forced Air Natural Gas
Cooling Central Air
Utilities Natural Gas Available Cable Available Sewer Available
Roof Shingle
Garage Spaces 0.0
Patio/Porch Features Covered Porch
Construction Materials Brick
Full Baths 0
Half Baths 0
Tenant Pays Electricity Gas
View City Skyline River Neighborhood
Levels Tri-Level
Property Subtype Apartment
County Kenton
New Construction No
Property Type D
Attached Garage No
Status Active
Directions Property is on the Covington Riverfront east of the Suspension Bridge. There is pay parking on the street or limited parking in the rear of the property via an alley between the two coach houses.
High School Holmes Senior High
City Covington
School District Covington Indep
Number Of Units Total 9
MLS Area K01 - Covington North
Lot Size Units Acres
Lot Size Square Feet 19095.0
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 Apartment
Standard Status Active
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Interior
Interior Amenities Entrance Foyer Kitchen Island Bookcases Double Vanity Chandelier Granite Counters
Basement Full
Kitchen Appliances Dishwasher Washer/Dryer Stacked Microwave Dryer Electric Range Refrigerator
Total Fireplaces 9
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Storm Window(s) Wood Frames
Fireplace Y/N Yes
Total Bathrooms 0.0
Laundry Features Coin Laundry In Basement
Total Baths 0
Total Bedrooms 0
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Exterior
Exterior Amenities Private Yard Balcony
Parking Features Off Street On Street Private
Lot Features Waterfront Corner Lot Near Public Transit
Water Source Public
Lot Size Area 0.44
Foundation Details Stone
Lot Dimensions 143x134
Lot Size Acres 0.44
Land Lease Type Fee
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* Excluded Features
List By
Robinson Sotheby's Int. Realty

Broker

Connie.Greene@SothebysRealty.com

Email

Affordability Calculator

$15,393
Per Month
100%
0%
0%
Monthly Principal & Interest
$15,393
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
4/23/2026$2,500,000 Listed Price

Map


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403 Riverside Drive, Covington, KY, 41011 is a Multi-Family Home for sale at $2,500,000 with 9,508 sqft and a lot size of 0.44. 403 Riverside Drive is a studio with 0.0 baths. The property's zip code is 41011 which is in Covington, KY