Riverside Terrace is a brick condominium building at 1 Riverside Place in Covington, built in 1985. Its condominium association was formed in April 1984, making it one of the first condo developments on the Covington riverfront, two decades before the high-rise towers to the west. It sits at the foot of the Roebling Suspension Bridge, between Greenup Street and Riverside Drive, in the Riverside historic district.
Riverside Terrace residences are single-level condominiums, many with fireplaces, hardwood floors and open living and dining areas. Some units have very large terraces - one recent listing had a terrace of about 1,200 square feet looking at the Ohio River, the Roebling Bridge, the Reds ballpark and the Cincinnati skyline. Recent MLS sales and listings have ranged from about $470,000 to just under $1 million, with terrace size and view driving much of the difference.
Riverside Terrace has two owner-run nonprofit corporations: the Riverside Terrace Condominium Association, Inc., formed in 1984, which runs the building, and Riverside Terrace Condominium Parking, Inc., formed in 2005, which handles parking. Monthly association dues on a recent sale were about $760. Buyers should ask how parking is assigned and for the resale documents of both corporations before making an offer.
Riverside Terrace is in the Covington Independent Public Schools district. As of the date this page was last updated, assigned schools include John G. Carlisle Elementary, Holmes Middle School and Holmes High School. School assignments are subject to change. Buyers should verify current assignments directly with Covington Independent Public Schools before making any purchasing decisions based on school information.
To reach Riverside Terrace, take I-75 to 5th Street east, then turn left on Greenup Street, which becomes Riverside Place. Approximate distances:
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