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For sale
  • $649,900

    501 Johnson St, Covington, KY 41011

    3beds
    3,186sqft
    : 
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    Multi Family, Triplex
    Built in 1860
    -- sqft lot
    $-- Zestimate®
    $204/sqft
    $-- HOA

    What's special

    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). Off street parking for six-eight cars! 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. Plenty of off street parking for 6 cars in the back parking lot and driveway in front that holds 3 cars. 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.
    61 days
    |
    429
    |
    14
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    Zillow last checked:

    Listing updated:

    Listed by:

    Tonya Holt McMahon 513-886-5087,

    eXp Realty LLC

    Source: NKMLS,MLS#: 642170MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Heating
      • Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Washer/Dryer Stacked, Electric Oven, Electric Cooktop, Stainless Steel Appliance(s), Dishwasher, Microwave, Refrigerator
      Features
      • Windows: Vinyl Clad Window(s)
      • Basement: Full
      • Number of fireplaces: 3
      • Fireplace features: Inoperable
      Interior area
      • Total structure area: 3,186
      • Total interior livable area: 3,186 sqft

      Property

      Parking
      • Total spaces: 6
      • Parking features: No Garage, Off Street, On Street
      • Has uncovered spaces: Yes
      Features
      • Levels: Three Or More
      • Stories: 3
      Lot
      • Size: 2,178 Square Feet
      • Dimensions: 25 x 90
      Details
      • Parcel number: 0542102003.00
      • Zoning description: Multi Family

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family, Triplex
      Materials
      • Brick
      • Foundation: Stone
      • Roof: Membrane
      Condition
      • New construction: No
      • Year built: 1860

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Natural Gas Available

      Community & HOA

      Location
      • Region: Covington

      Financial & listing details

      • Price per square foot: $204/sqft
      • Tax assessed value: $400,000
      • Annual tax amount: $5,260
      • Date on market: 4/29/2026
      • Cumulative days on market: 152 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/2/2026Listed for sale$649,900-3.7%$204/sqft
        Source: NKMLS #642170 Report a problem
        4/28/2026Listing removed$675,000$212/sqft
        Source: eXp Realty #639499 Report a problem
        2/27/2026Price change$675,000-2.2%$212/sqft
        Source: eXp Realty #639499 Report a problem
        1/27/2026Listed for sale$690,000+62.4%$217/sqft
        Source: eXp Realty #639499 Report a problem
        10/7/2019Sold$425,000+427.3%$133/sqft
        Source: Agent Provided Report a problem
        10/4/2016Sold$80,600+21.6%$25/sqft
        Source: Public Record Report a problem
        4/1/2016Sold$66,262+20.3%$21/sqft
        Source: Public Record Report a problem
        6/19/2014Sold$55,100+10.4%$17/sqft
        Source: Public Record Report a problem
        4/26/2014Listed for sale$49,900-26.9%$16/sqft
        Source: CENTURY 21 Garner Properties #430554 Report a problem
        3/6/2014Sold$68,251-2.4%$21/sqft
        Source: Public Record Report a problem
        11/7/2013Listed for sale$69,900$22/sqft
        Source: Sibcy Cline, REALTORS-Florence #416865 Report a problem
        5/23/2013Pending sale$69,900$22/sqft
        Source: Sibcy Cline, REALTORS-Florence #416865 Report a problem
        3/6/2013Listed for sale$69,900-32.1%$22/sqft
        Source: Sibcy Cline, REALTORS-Florence #416865 Report a problem
        10/2/2003Sold$103,000+178.4%$32/sqft
        Source: Public Record Report a problem
        8/31/1995Sold$37,000$12/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$5,260 -1.3%$400,000
        2023$5,328 +0.8%$400,000
        2022$5,284 -13.4%$400,000
        2021$6,102 -18.1%$400,000
        2020$7,453 $400,000 +396.3%
        2019$7,453 +467.4%$80,600
        2018$1,314 $80,600
        2017$1,314 -15.5%$80,600 +46.3%
        2015$1,555 $55,100 -46.5%
        2014$1,555 -34.9%$103,000
        2013$2,389 $103,000
        2012-- $103,000
        2011-- $103,000
        2010-- $103,000
        2009-- $103,000
        2008-- $103,000
        2007-- $103,000
        2006-- $103,000
        2005-- $103,000
        2004-- $103,000 +3%
        2003-- $100,000
        2002-- $100,000
        2001-- $100,000 +143.9%
        2000-- $41,000

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 41011

        Getting around

        92 / 100
        Walker's Paradise
        45 / 100
        Some Transit
        68 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: John G. Carlisle Elementary
        • Middle: Holmes Middle School
        • High: Holmes Senior High

        Source: NKMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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