328 Bush Street, Covington, KY 41011
Local realty services provided by:CENTURY 21 Premiere Properties
328 Bush Street,Covington, KY 41011
$250,000
- 3 Beds
- 3 Baths
- 1,920 sq. ft.
- Multi-family
- Active
Listed by: sara mirus, the favorite team
Office: exp realty, llc.
MLS#:640239
Source:KY_NKMLS
Price summary
- Price:$250,000
- Price per sq. ft.:$130.21
About this home
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. This is not a deferred-maintenance project -- it's a move-forward opportunity.
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.
Contact an agent
Home facts
- Listing ID #:640239
- Added:1 day(s) ago
- Updated:March 02, 2026 at 10:46 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
- Full bathrooms:3
- Kitchen Description:Electric Oven, Gas Cooktop, Refrigerator
- Living area:1,920 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air
Structure and exterior
- Building area:1,920 sq. ft.
- Lot area:0.05 Acres
- Construction Materials:Brick
- Foundation Description:Block
Schools
- High school:Holmes Senior High
- Middle school:Holmes Middle School
- Elementary school:John G. Carlisle Elementary
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer, Sewer Available
Finances and disclosures
- Price:$250,000
- Price per sq. ft.:$130.21
Features and amenities
- Appliances:Refrigerator
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