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425 Lehmer Street, Covington, KY 41011

Covington
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
  • Active
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...

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Home facts

  • Year built:1910
  • Listing ID #:642131
  • Added:1 day(s) ago
  • Updated:May 01, 2026 at 11:44 PM

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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