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$315,000
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Property Description
What if your neighbor helped pay your mortgage? At 425 Lehmer Street, that's not a hypothetical. It's already happening. This all-brick historic duplex in the heart of Covington is a proven short-term rental with 150 Airbnb reviews and a 4.8-star combined rating across both units. That income history is real, documented, and transferable to a new owner from day one. Two independent 1BR/1BA units, each with a private entrance, its own kitchen, full bath, and individual HVAC. Separate electric and gas meters. Stackable laundry in each unit stays. Shared basement and backyard. The setup: live in one unit, run the other as a short-term rental, and watch your cost of ownership shrink. A professional property management company is already in place for a seamless transition, or self-manage and keep more of the returns. Want to run both as STRs? The infrastructure and the reviews are already there. Three strategies. One property. House hack it, Airbnb both, or convert to long-term rentals. The numbers support all three. Steps from Mainstrasse Village, Covington's most walkable entertainment district. Minutes to downtown Cincinnati, major highways, and CVG Airport. A proven, turnkey income property with a track record that speaks for itself. Schedule your showing today.
Full Property Details
Full Property Details for 425 Lehmer St
General
- Sold For: $315,000
- Status: Closed
- Type: Multi-Family
- Source: Northern_Kentucky
- MLS ID: 642131
- Added to Site: 164 day(s) ago
Interior
- Appliances: Washer/Dryer Stacked, Electric Oven, Stainless Steel Appliance(s), Dishwasher, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Parking
- Parking Features: On Street
Location
- County: Kenton
- Driving Directions: I-75 to east on 12th St. left on Lee left on Lehmer
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, Water Available
Structural Information
- # Buildings: 1
- Construction: Brick, Stone
- Basement Desc.: Full
- Roof: Membrane, Built-Up
- Windows: Insulated Windows, Double-Hung
- Square Feet: 1,580
- Living Area: 1,580 Sq. Ft.
- Year Built: 1910
Lot Features
- Property View: City, Neighborhood
- Lot Size (Acres): 0.05
- Lot Size (Sq. Ft.): 2,225
- Lot Size: .05
- Lot Dimensions: of record
Disclosures and Reports
- Property ID: 054-22-10-002.00
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Schools
Schools serving 425 Lehmer St
School District:Covington Independent School District
| Name | Grades | Distance |
|---|---|---|
John G Carlisle Elementary School 910 Holman Street, Covington, KY 41011 | K-5 | 0.3 mi |
Holmes Middle School 2500 Madison Avenue, Covington, KY 41014 | 6-8 | 1.4 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 425 Lehmer St
Date
Details
Price
Change
Source
6/23/2026
Sold
$315,000
-3.05%
MLS
5/01/2026
Listed
$324,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
425 Lehmer Street, Covington, KY 41011 (MLS# 642131) is a Multi-Family property that was sold at $315,000 on June 23, 2026. This property was sold by Brad Feldhaus from our Ohio Indiana West Regional Office.Want to learn more about 425 Lehmer 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.


