427-429 Russell Street, Covington, KY
$ 1,199,000
Property Attributes
  • MLS#604624
  • TypeMulti-Family
  • CountyKENTON
  • CityCovington
  • AreaCovington North
  • Zip41011
  • StyleMulti Family
  • Price$ 1,199,000
  • Bedrooms6
  • Full Bathrooms5
  • Half Bathrooms1
  • Sqr Footage4748
  • Lot Size7,841 SqFt
Data Source:
Northern Kentucky MLS (NKAR)
Property Description

A coveted central location, steps from Covington's ''newest neighborhood'' at the former IRS site where 23 acres is in the process of being re-developed. Perfectly maintained, high quality, 4-unit apartment building spanning 4 lots with 8 parking spaces. Two (2) bedroom units and Two (1) bedroom units. Each unit is appointed with granite surfaces, original hardwood floors, LED lighting and dedicated outdoor spaces. All units have separate furnace and central air-conditioning plus in-unit laundry. Utilities are all separately metered. Basement offers storage areas or a workshop. A private courtyard is tucked away behind the building for community space. This opportunity generates solid, consistent income and is poised to do so well into the future. Walkable from Mainstrasse, Downtown Covington and Cincinnati. Come experience for yourself.

Elementary School Middle School High School
John G. Carlisle Elementary Holmes Middle School Holmes Senior High
Price History
6/3/2022 Listed $1,199,000

General Features

Attached Garage No
Basement Full
City Covington
Construction Materials Brick, HardiPlank Type
Cooling Central Air, Multi Units
County Kenton
Directions 5th St exit in Covington to L on Russell L in parking lot, corner of 5th and Russell
Elementary School John G. Carlisle Elementary
Exterior Features Fenced, Private Yard, Balcony
Full Baths 5
Garage Spaces, Detached Garage 0.0
Grossincome 80220.0
Half Baths 1
Heating Forced Air
High School Holmes Senior High
Insurance Expense 4061.0
Interior Features Kitchen Island, Entrance Foyer, Storage, Track Lighting, Pantry, Chandelier, Eat-in Kitchen, Open Floorplan, Granite Counters
Levels Three Or More
Lot Size Square Feet 7667.0
MLS Area K01 - Covington North
Middle/Junior High School Holmes Middle School
Mlsareaminor K01 - Covington North
New Construction No
Ownerpays Water, Sewer
Patio/Porch Features Covered, Patio, Porch
Property Condition Existing Structure
Property SubType Multi Family
Property Type D
Roof Shingle
School District Covington Indep
Security Features Smoke Detector(s), Fire Escape
Sewer Public Sewer
Standard Status Active
Status Active
Street Name Russell
Structure Type Apartment, Quadruplex
Tenant Pays Heat, Gas
Total Units 4
Utilities Natural Gas Available, Cable Available, Water Available, Sewer Available
View City, Skyline, Neighborhood
View Y/N Yes
Water Sewer Expense 2019.0

Interior Features

Air Conditioning Y/N Yes
Fireplace Features Pellet Stove, Inoperable
Fireplace Y/N Yes
Heater Fuel Type Natural Gas
Heating Y/N Yes
Laundry Features In Unit
Living Area Units Square Feet
Street Suffix Street
Total Bathrooms 6.0
Total Baths 6
Total Bedrooms 6
Total Fireplaces 4
Window Features Storm Window(s), Aluminum Frames, Wood Frames, Double Hung, Aluminum Clad Window(s)

Exterior Features

Living Area 4748.0
Building Area Total 4748.0
Fencing Metal
Land Lease Type Fee
Lot Dimensions irreg
Lot Features Corner Lot
Lot Size Acres 0.18
Lot Size Area 0.18
Lot Size Units Acres
Numberofunitsbuildings 1
Parking Features Off Street
Water Source Public


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 41011

AVG $430K
AVG 20

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