$324,900

425 Lehmer Street, Covington, KY 41011

  • 2 beds |
  • 2 baths |
  • 1,580 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1910
  • Property Lot Size Icon2,226sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $206/sqft
  • Property List Date Icon Listed 19 days ago

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.

Listing Status:
Pending
Data Last Updated:
May 20, 2026 at 10:40PM
Listing Office:
Haven Homes Group : 859-444-0180
Listing Agent:
Christine Ray : 859-242-0919
MLS ID:
642131
  • Appliances: DishwasherRefrigeratorWasher/Dryer StackedStainless Steel Appliance(s)Electric Oven
  • Basement: Full
  • A/C: Central Air
  • Heating: Forced AirNatural Gas
  • Parking: On Street
  • Roofing: MembraneBuilt-Up
  • Windows: Double HungInsulated Windows
  • General: BrickStoneStone
  • Originating MLS: Northern Kentucky Multiple Listing Service
  • School District: Covington Indep
  • County: Kenton
  • Zoning: 054-22-10-002.00
  • View: NeighborhoodCityView
  • Utilities: Cable AvailableNatural Gas AvailableWater AvailableSewer Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: Northern Kentucky Multiple Listing Service

This listing courtesy of Christine Ray , Haven Homes Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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