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$199,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 3 Total Beds
  • Updated 21 hours ago

Next open house:

Open House: 12:00 PM - 2:00 PM

Saturday 1/31 12:00 PM - 2:00 PM

406 E 38th Street,Covington, KY 41015

406 E 38th StreetCovingtonKY41015

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Turnkey Duplex Opportunity Discover the perfect addition to your portfolio. This duplex offers a rare blend of suburban tranquility and immediate urban access. Tucked away on a quiet lot, this property features two move-in-ready units: a spacious 2BR/1BA and a cozy 1BR/1BA. Truly Turnkey: Freshly painted and professionally cleaned, ready for immediate occupancy and cash flow. The Location: Enjoy a peaceful setting just minutes from I-75/I-71, and the vibrant Cincinnati skyline. Designated parking!!! A high-demand amenity that significantly boosts tenant retention and rental value. Perfect for owner-occupants! This property may qualify for Down payment assistance through KHC (Kentucky Housing Corporation) programs. Whether you're looking to build your real estate empire or live in one unit while the other pays your mortgage, this is the opportunity you've been waiting for. Schedule your showing today!

Full Property Details for 406 E 38th St

General

  • Price: $199,000
  • Status: Active
  • Type: Multi-Family
  • Source: Northern_Kentucky
  • MLS ID: 639506
  • Updated: 1/27/2026
  • Added to Site: Today

Interior

  • Appliances: Gas Range, Refrigerator

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Parking

  • Total Spaces: 2
  • Parking Features: Assigned

Location

  • County: Kenton
  • Driving Directions: West Southern to right on Glenn Avenue, left on East 38th. Property is on left, drive back paved driveway to flag lot. Two off street parking spaces.

School Information

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

Community

  • Community Name: K01 - Covington North

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Window Unit(s)
  • Heating Type: Natural Gas, Forced Air, Hot Water

Utilities

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

Structural Information

  • # Buildings: 1
  • Construction: Brick
  • Basement Desc.: Full
  • Roof: Shingle
  • Windows: Vinyl Frames
  • Square Feet: 1,600
  • Living Area: 1,600 Sq. Ft.
  • Year Built: 1949

Lot Features

  • Lot Size (Acres): 0.26
  • Lot Size (Sq. Ft.): 11,326
  • Lot Size: .26
  • Lot Dimensions: of record
  • Zoning: Residential

Disclosures and Reports

  • Property ID: 056-32-27-021.00

Listed by Keller Williams Realty Services, Camilyn Feliciano Diodonet

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Listing agent

— 406 E 38th St —

  • Camilyn Feliciano Diodonet

    Keller Williams Realty Services

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 406 E 38th St

School District:Covington Independent School District
NameGradesDistance
Latonia Elementary School
39th & Huntington Avenue, Covington, KY 41015
K-50.2 mi
Holmes Middle School
2500 Madison Avenue, Covington, KY 41014
6-81.1 mi
Holmes High School
25th and Madison Ave, Covington, KY 41014
9-121.1 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 406 E 38th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/27/2026
Listed
$199,000
65.83%
MLS
10/02/2025
Sold
$120,000
—
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 406 E 38th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$914
1%
$69,000
—
2024
$907
-1%
$69,000
—
2023
$919
1%
$69,000
—
2022
$911
-19%
$69,000
—
2021
$1,128
—
$69,000
15%
2021
$1,128
15%
$60,000
—
2019
$978
-2%
$60,000
—
2018
$997
7%
$60,000
9%
2017
$933
3%
$55,000
—
2016
$907
-30%
$55,000
-31%
2015
$1,302
-1%
$80,000
—
2014
$1,319
-1%
$80,000
—
2013
$1,335
—
$80,000
—
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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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Keller Williams Realty Services, Camilyn Feliciano Diodonet

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Recent Sales near 406 E 38th St

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3818 Glenn Ave, Covington, KY 41015 - Photo 1 Sold
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406 E 38th Street, Covington, KY 41015 (MLS# 639506) is a Multi-Family property with 2 units containing 3 bedrooms and 2 full bathrooms. 406 E 38th Street is currently listed for $199,000 and was received on January 27, 2026. Want to learn more about 406 E 38th 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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