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About This Home
This 3-bedroom, 4-bathroom residential multi family at 501 Johnson Street in Covington, KY is listed for $649,900 ($204 per sqft). Built in 1860, the home offers 3,186 sqft of living space on a 0.05 acres lot.
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.
Key Features
- Built in 1860
- 0.05 acre lot
- 3 stories
- 6 parking spaces
- Fireplace
Property Details
Amenities
Monthly Cost Estimate
$3,476/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
501 Johnson Street
Covington, KY 41011
Property Details
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 3-bedroom, 4-bathroom residential multi family at 501 Johnson Street is listed at $649,900 ($204/sqft). The estimated monthly payment is $2,816 based on 20% down at 6.5% interest.
Key features include: Built in 1860, 0.05 acre lot, 3 stories, 6 parking spaces, Fireplace.
This property is listed by Tonya Holt McMahon and can be reached at 5138865087 or tonya.mcmahon@exprealty.com.



