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425 Lehmer Street, Covington, KY 41011

MLS# 642131 Active Source MLS Verified

$324,900

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2 Beds
2 Baths
1,580 Sq Ft
meeting_room
5 Total Rooms
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1910 Year Built
grass
0.05 Acres
paid
$206 Per Sq Ft
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No Has HOA

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.

Facts & Features

home Property Details

Home Type MultiFamily
Sub Type Multi Family
Year Built 1910 (116 yrs)
Construction Brick, Stone
Roof Membrane, Built-Up
Foundation Stone

landscape Lot Information

Lot Size 0.05 Acres
Lot Sq Ft 2,225 sq ft
Dimensions of record

garage Parking & Garage

Garage Spaces 0
Parking Features On Street

chair Interior Features

Appliances Dishwasher, Refrigerator, Washer/Dryer Stacked, Stainless Steel Appliance(s), Electric Oven

thermostat Heating & Cooling

Heating Forced Air, Natural Gas
Cooling Central Air

electrical_services Utilities

Water Public
Sewer Public Sewer
Utilities Cable Available, Natural Gas Available, Water Available, Sewer Available

school Schools

Elementary John G. Carlisle Elementary
Middle Holmes Middle School
High School Holmes Senior High
District Covington Indep

Estimated Monthly Payment

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location_on Location

Address 425 Lehmer Street, Covington, KY 41011
County Kenton

Property History

Date Event Price
05/01/2026 sell Listed for Sale $324,900
05/01/2026 schedule Listed Today $324,900

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