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$255,000
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Property Description
Welcome to 328 Bush Street in Covington (41011) -- where smart ownership meets opportunity. This three-unit triplex is perfectly positioned for a buyer who wants more than just a place to live. Our main goal here? House hack it. Live in one unit and let the other two help cover your mortgage. Instead of carrying 100 percent of your housing cost alone, you step into ownership with built-in support. Current rents are strong: the front first-floor unit brings in $1,100 per month, the rear first-floor unit rents for $900, and the upstairs unit commands $1,600 if not owner-occupied. That's up to $3,600 per month in gross income potential. If you live upstairs, the two lower units generate $2,000 monthly to offset your payment. At a list price of $250,000, this creates an approachable entry point for a young buyer, first-time homeowner, or savvy investor who understands long-term strategy. Instead of asking, ''Can I afford this mortgage?'' the better question becomes, ''How much of my mortgage is already covered?'' The owner currently pays all utilities. Significant improvements have been completed across all three units, including renovated kitchens and bathrooms, updated flooring, refreshed doors and entry points, and an exterior deck that adds usable outdoor space and tenant appeal. Located in desirable 41011, close to downtown Cincinnati and everything Covington offers, demand for well-maintained rental units remains strong. Live in it now. Let it support you. Move later and convert to a fully income-producing property. Three units. Multiple income streams. A strategy that grows with you.
Full Property Details
Full Property Details for 328 Bush St
General
- Sold For: $255,000
- Status: Closed
- Type: Multi-Family
- Source: Northern_Kentucky
- MLS ID: 640239
- Added to Site: 56 day(s) ago
Interior
- Appliances: Gas Cooktop, Electric Oven, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Parking
- Parking Features: On Street
Location
- County: Kenton
- Driving Directions: Exit 191 on I-75 to W MLK Jr BLVD, make a left onto Garrard St, Make a right onto Bush Street, on your left
School Information
- Elementary School: John G. Carlisle Elementary
- Middle School: Holmes Middle School
- High School: Holmes Senior High
Community
- Community Name: K01 - Covington North
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Natural Gas Available, Sewer Available, Underground Utilities, Water Available
Structural Information
- # Buildings: 1
- Construction: Brick
- Roof: Shingle
- Windows: Insulated Windows
- Square Feet: 1,920
- Living Area: 1,920 Sq. Ft.
- Property Condition: Existing Structure
Lot Features
- Lot Size (Acres): 0.05
- Lot Size (Sq. Ft.): 2,225
- Lot Size: .05
- Lot Dimensions: 89 x 25
Disclosures and Reports
- Property ID: 054-42-01-018.00
Listed by eXp Realty, LLC, Sara Mirus and eXp Realty, LLC, The Favorite Team
Sold by eXp Realty LLC, Philip Allen
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Schools
Schools serving 328 Bush St
School District:Covington Independent School District
| Name | Grades | Distance |
|---|---|---|
John G Carlisle Elementary School 910 Holman Street, Covington, KY 41011 | K-5 | 0.6 mi |
Holmes Middle School 2500 Madison Avenue, Covington, KY 41014 | 6-8 | 1.3 mi |
Holmes High School 25th and Madison Ave, Covington, KY 41014 | 9-12 | 1.3 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 328 Bush St
Date
Details
Price
Change
Source
4/17/2026
Sold
$255,000
2%
MLS
3/02/2026
Listed
$250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
328 Bush Street, Covington, KY 41011 (MLS# 640239) is a Multi-Family property that was sold at $255,000 on April 17, 2026. Want to learn more about 328 Bush 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.

