Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
2 Beds
2 Baths
1,580 sqft

$324,900

425 Lehmer Street, Covington KY, 41011

Price per sqft$205.63
Built in1910
Property size1,580 sqft
Property typeMulti-family

Overview

Pending

Listed May 1, 2026

Updated Jun 10

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.

$2,162/mo

Est. mortgage payment based on a $324,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
642131

Interior Features

Bedrooms
2
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.05 Acres

Other Property Details

View
Yes

Courtesy of Haven Homes Group, Christine Ray,
Listing Contact: 859-242-0919 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Julia Wesselkamper Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2026 Northern Kentucky Association of REALTORS. All rights reserved.

Powered by Luxury Presence