425 Lehmer Street Covington, KY $ 324,900
425 Lehmer Street
$ 324,900
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425 Lehmer Street

Covington, KY, 41011
$ 324,900
Bedrooms2 Baths2.0 Sq 1,580

Monthly Estimate*

$ 2,051

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Multi-Family Home for sale in Covington, KY

for $324,900 with 2 bedrooms and 2 full baths. This 1,580 square foot home was built in 1910 on a lot size of 0.05.

What if your neighbor helped pay your mortgage? At 425 Lehmer Street, that's not a hypothetical. It's already happening. This all-brick historic duplex in the heart of Covington is a proven short-term rental with 150 Airbnb reviews and a 4.8-star combined rating across both units. That income history is real, documented, and transferable to a new owner from day one. Two independent 1BR/1BA units, each with a private entrance, its own kitchen, full bath, and individual HVAC. Separate electric and gas meters. Stackable laundry in each unit stays. Shared basement and backyard. The setup: live in one unit, run the other as a short-term rental, and watch your cost of ownership shrink. A professional property management company is already in place for a seamless transition, or self-manage and keep more of the returns. Want to run both as STRs? The infrastructure and the reviews are already there. Three strategies. One property. House hack it, Airbnb both, or convert to long-term rentals. The numbers support all three. Steps from Mainstrasse Village, Covington's most walkable entertainment district. Minutes to downtown Cincinnati, major highways, and CVG Airport. A proven, turnkey income property with a track record that speaks for itself. Schedule your showing today.

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Multi-Family Pending

Price

$ 324,900

Bedrooms

2

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Multi Family

Lot Size

0.05

Year Built

1910

Town/City

Covington

County/Region

Kenton

MLS | Web ID

642131

Features
General
Living Area 1580
Sewer Public Sewer
Heating Natural Gas Forced Air
Cooling Central Air
Utilities Cable Available Natural Gas Available Sewer Available Water Available
Roof Membrane Built-Up
Garage Spaces 0
Construction Materials Brick Stone
Year Built 1910
Tenant Pays Electricity Gas Heat
View City Neighborhood
Levels Two
Property Subtype Multi Family
County Kenton
New Construction false
Property Type MultiFamily
Attached Garage false
Status Pending
Directions I-75 to east on 12th St. left on Lee left on Lehmer
High School Holmes Senior High
City Covington
Number Of Units Total 2
MLS Area K01 - Covington North
Lot Size Units Acres
Lot Size Square Feet 2225
Elementary School John G. Carlisle Elementary
Middle/Junior High School Holmes Middle School
MLS Area Minor K01 - Covington North
Structure Type Duplex
Standard Status Pending
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Interior
Basement Full
Air Conditioning Y/N true
Heating Y/N true
Window Features Insulated Windows Double Hung
Fireplace Y/N false
Total Baths 2
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Exterior
Parking Features On Street
Water Source Public
Lot Size Area 0.05
Foundation Details Stone
Lot Dimensions of record
Lot Size Acres 0.05
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* Excluded Features
List By
Haven Homes Group

Broker

e.christine.ray@gmail.com

Email

Affordability Calculator

$2,051
Per Month
100%
0%
0%
Monthly Principal & Interest
$2,051
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
0 Elementary School
0 Middle School
Holmes Senior High High School High School
Pricing History
DatePricePrice ChangeDescription
5/9/2026$324,900 Listed Price

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425 Lehmer Street, Covington, KY, 41011 is a Multi-Family Home for sale at $324,900 with 1,580 sqft and a lot size of 0.05. 425 Lehmer Street has 2 bedrooms, 2.0 baths, and was built in 1910. The property's zip code is 41011 which is in Covington, KY