Renovated Triplex with Development Potential

501 Johnson Street, Covington, KY 41011

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For Sale

$649,900

MULTI_FAMILY - Covington, KY

Property size:

3,186 SF

Lot size:

0.05 Acres

Price / SF:

$203/SF

HighLights

Prime Location: Steps from Cincinnati and Main Strasse Village, one block from the Covington Central Riverfront redevelopment, offering strong appreciation potential.
Mixed‑Use Zoning with Vacant Lot: Rare opportunity for expansion, parking, or future development (buyer to verify).
Turnkey Triplex: Three renovated units (two 1‑bed/1‑bath, one 1‑bed/1.5‑bath) ideal for tenants, investors, or owner‑occupants.
Ample Off‑Street Parking: Accommodates six to eight vehicles.
Historic Charm with Modern Updates: Blends original 1860s character with contemporary renovations.
Walkable Convenience: Easy access to downtown Covington, Main Strasse Village, Cincinnati CBD, dining, and riverfront amenities.

We can help!

Listing Contact

Tonya Holt McMahon

For Sale

$649,900

MULTI_FAMILY - Covington, KY

Property size:

3,186 SF

Lot size:

0.05 Acres

Price / SF:

$203/SF

Added:: Apr 29, 2026
Days on Market:: 50
Last Refresh:: Jun 17 at 10:06 pm

Property Features for 501 Johnson Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Bedrooms: 3
Bathrooms: 4
Rooms: Bathroom 3, Bathroom 2, Bedroom 1, Bathroom 4, Basement, Bedroom 2, Bathroom 1, Bedroom 3
Parking: 6
Parking features: On Street, Garage, Off Street
Window features: Vinyl Frames
Fireplace: 1
Basement: Full
Appliances: Washer/Dryer Stacked, Electric Oven, Electric Cooktop, Stainless Steel Appliance(s), Dishwasher, Microwave, Refrigerator
Standard status: Active
APN: 054-21-02-003.00
Size: 3,186 SF
Lot size: 0.05 Acres

Utilities

Utilities: Natural Gas Available
Sewer type: Public Sewer
Heating system: Forced Air
Cooling system: Central Air
Water source: Public

Building Details

Year built: 1860
Floors in Building: 3
Number of units: 3
Building materials: Brick
Roof type: Membrane

We can help!

Listing Contact

Tonya Holt McMahon

Listing agent Tonya Holt McMahon License #252298

Listing office eXp Realty LLC 73 Cavalier Blvd. Suite 107, Florence, KY

Listing date Apr 29, 2026

MLS# 642170 Listing URL

HighLights

Prime Location: Steps from Cincinnati and Main Strasse Village, one block from the Covington Central Riverfront redevelopment, offering strong appreciation potential.
Mixed‑Use Zoning with Vacant Lot: Rare opportunity for expansion, parking, or future development (buyer to verify).
Turnkey Triplex: Three renovated units (two 1‑bed/1‑bath, one 1‑bed/1.5‑bath) ideal for tenants, investors, or owner‑occupants.
Ample Off‑Street Parking: Accommodates six to eight vehicles.
Historic Charm with Modern Updates: Blends original 1860s character with contemporary renovations.
Walkable Convenience: Easy access to downtown Covington, Main Strasse Village, Cincinnati CBD, dining, and riverfront amenities.

Overview

Located in Covington, Kentucky, this renovated triplex is zoned for mixed use and includes an adjacent vacant lot, offering opportunities for expansion, additional parking, or future development. The property is situated one block from the upcoming Covington Central Riverfront redevelopment, which is planned to include restaurants, retail spaces, housing, and office spaces. Originally constructed in 1860, the property features three units: two 1-bedroom, 1-bath units and one 1-bedroom, 1.5-bath unit. Each unit has been renovated. The property provides off-street parking for six to eight cars. The 3,186 square-foot property is located near downtown Covington, Main Strasse Village, Cincinnati's Central Business District, dining, entertainment, and riverfront amenities. The lot size is 0.05 acres. This property is suitable for tenants, investors, or owner-occupants.

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Location Insight

Map
Local Demand

City: Covington
County: Kenton
State: Kentucky
Longitude: -84.516169
Latitude: 39.085269

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For sale
Triplexes
KY
Covington
41011
501 Johnson Street

What type of property is this?

Triplex - Renovated triplex with vacant lot in Covington, Kentucky.

Where is this triplex located?

The property is located at 501 Johnson Street Covington, KY.

What is the asking price?

The asking price for this property is $649,900.

What are key features of this property?

This property features: Prime Location: Steps from Cincinnati and Main Strasse Village, one block from the Covington Central Riverfront redevelopment, offering strong appreciation potential.; Mixed‑Use Zoning with Vacant Lot: Rare opportunity for expansion, parking, or future development (buyer to verify).; Turnkey Triplex: Three renovated units (two 1‑bed/1‑bath, one 1‑bed/1.5‑bath) ideal for tenants, investors, or owner‑occupants.

501 Johnson Street, Covington, KY 41011

MULTI_FAMILY - Covington, KY

Property Features for 501 Johnson Street

General Information

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Mixed-Use Building in Ludlow

Freestanding Dollar Tree Investment Property

Covington Commercial Warehouse For Sale

Two-Story Specialty Property

Covington Drive-In Style Building

Retail/Office Space in Kenton County

Retail Building on Corner Lot

Historic Building in Licking Riverside

Covington Strip Center Investment Opportunity

Historic Morgan Building For Sale

Mixed-Use Building in Covington Urban Core

Covington Double Lot For Sale

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