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$209,900 -$5,000 (-2.33%) Price Reduced

  • For Sale
  • Active
  • Multi-Family
  • 3 Total Beds
  • 1 Car Garage
  • Updated 1 day ago
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Excellent investment opportunity in the charming community of Latonia. Versatile two-family home offers endless potential for both investors and owner-occupants alike. Featuring two separate units with independent utilities, this property provides flexibility and convenience. The first unit includes two spacious bedrooms and one full bathroom, highlighted by an updated bath with classic subway tile and new vinyl plank flooring in both the kitchen and bathroom. The second unit offers a comfortable one-bedroom, one-bath layout, complete with stylish barn doors and a cozy front porch and level backyard--perfect for relaxing. Ideally situated within walking distance to public transportation, local shops, and dining, this property is perfectly positioned for tenant appeal. Both units are currently leased on a month-to-month basis, offering future flexibility of income. Laundry hook up in basement. Showings require a minimum of 24-hour notice. Tenants may be willing to stay.

Full Property Details for 318 E 42nd St

General

  • Price: $209,900
  • Status: Active
  • Type: Multi-Family
  • Source: Northern_Kentucky
  • MLS ID: 640923
  • Updated: 4/6/2026
  • Added to Site: 12 day(s) ago

Interior

  • Interior Features: Barn Door(s), Storage, Pantry, Eat-in Kitchen
  • Appliances: Electric Range, Electric Oven, Gas Range, Gas Oven, Microwave, Refrigerator

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: In Basement

Additional Information

  • Security/Safety: Smoke Detector(s)

Exterior

  • Porch/Patio/Deck: Covered, Porch

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Parking Features: Driveway, Garage, Garage Faces Front, On Street

Location

  • County: Kenton
  • Driving Directions: L on Decoursey Rd, Right on 42nd St, house on left

School Information

  • Elementary School: Latonia Elementary
  • Middle School: Holmes Middle School
  • High School: Holmes Senior High

Community

  • Community Name: K03 - Kentonvale/Latonia

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Window Unit(s)
  • Heating Type: Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Cable Available: Yes
  • Utility Description: Cable Available, Natural Gas Available

Structural Information

  • # Buildings: 1
  • Construction: Vinyl Siding
  • Basement Desc.: Full
  • Roof: Shingle
  • Windows: Double-Hung, Vinyl Frames
  • Square Feet: 1,368
  • Living Area: 1,368 Sq. Ft.
  • Year Built: 1924
  • Property Condition: Existing Structure

Lot Features

  • Property View: Neighborhood
  • Lot Size (Acres): 0.09
  • Lot Size (Sq. Ft.): 3,750
  • Lot Size: .09
  • Lot Dimensions: 25 x 150
  • Zoning: Residential, Multi Family
  • Fencing (Description): Metal

Disclosures and Reports

  • Property ID: 056-41-05-026.00

Listed by Sibcy Cline, REALTORS-Florence, Debbie Bardonaro

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Listing agent

— 318 E 42nd St —

  • Debbie Bardonaro

    Sibcy Cline, REALTORS-Florence

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 318 E 42nd St

School District:Covington Independent School District
NameGradesDistance
Latonia Elementary School
39th & Huntington Avenue, Covington, KY 41015
K-50.1 mi
Holmes Middle School
2500 Madison Avenue, Covington, KY 41014
6-81.3 mi
Holmes High School
25th and Madison Ave, Covington, KY 41014
9-121.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 318 E 42nd St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/06/2026
Price Reduced
$209,900
-2.33%
MLS
3/26/2026
Listed
$214,900
19.39%
MLS
7/05/2023
Sold
$180,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 318 E 42nd St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,385
1%
$180,000
—
2024
$2,367
134%
$180,000
137%
2023
$1,011
1%
$75,900
—
2022
$1,003
—
$75,900
25%
2021
$1,002
1%
$60,800
—
2019
$990
-2%
$60,800
—
2018
$1,009
-1%
$60,800
—
2017
$1,023
3%
$60,800
—
2016
$997
-1%
$60,800
—
2015
$1,004
-2%
$60,800
—
2013
$1,029
—
$60,800
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Sibcy Cline, REALTORS-Florence, Debbie Bardonaro

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318 E 42nd Street, Covington, KY 41015 (MLS# 640923) is a Multi-Family property with 2 units containing 3 bedrooms and 2 full bathrooms. 318 E 42nd Street is currently listed for $209,900 and was received on March 26, 2026. Want to learn more about 318 E 42nd Street? Do you have questions about finding other Multi-Family real estate for sale in Covington? You can browse all Covington real estate or contact a Coldwell Banker agent to request more information.

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