425 Lehmer Street, Covington, KY 41011
Local realty services provided by:CENTURY 21 Premiere Properties
425 Lehmer Street,Covington, KY 41011
$324,900
- 2 Beds
- 2 Baths
- 1,580 sq. ft.
- Multi-family
- Pending
Listed by: christine ray
Office: haven homes group
MLS#:642131
Source:KY_NKMLS
Price summary
- Price:$324,900
- Price per sq. ft.:$205.63
About this home
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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Home facts
- Year built:1910
- Listing ID #:642131
- Added:45 day(s) ago
- Updated:June 16, 2026 at 07:15 AM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:2
- Kitchen Description:Dishwasher, Electric Oven, Refrigerator, Stainless Steel Appliance(s)
- Basement Description:Full
- Living area:1,580 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air
- Central air:Yes
Structure and exterior
- Year built:1910
- Building area:1,580 sq. ft.
- Lot area:0.05 Acres
- Construction Materials:Brick, Stone
- Foundation Description:Stone
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:$324,900
- Price per sq. ft.:$205.63
Features and amenities
- Appliances:Refrigerator
- Laundry features:Washer/Dryer Stacked
- Amenities:Double Hung
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