USAKYCovington328 Bush St
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$250,000

For Sale

2 days ago

328 Bush St, Covington, KY

MLS® 640239

3 Bed

3 Bath

1920 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 1920 sqft
Garage No
Taxes 
Days Active 1
Lot Size 0.05 acres
Approx. Age 
Avg. Price Per Sqft $130
MLS® Number 640239

Property Address: 328 Bush St, Covington, KY, 41011-3230

Average square foot calculated using Size range provided by listing agent.

Description

Welcome to 328 Bush Street in Covington (41011) -- where smart ownership meets opportunity. This three-unit triplex is perfectly positioned for a buyer who wants more than just a place to live. Our main goal here? House hack it. Live in one unit and let the other two help cover your mortgage. Instead of carrying 100 percent of your housing cost alone, you step into ownership with built-in support. Current rents are strong: the front first-floor unit brings in $1, 100 per month, the rear first-floor unit rents for $900, and the upstairs unit commands $1, 600 if not owner-occupied. That's up to $3, 600 per month in gross income potential. If you live upstairs, the two lower units generate $2, 000 monthly to offset your payment. At a list price of $250, 000, this creates an approachable entry point for a young buyer, first-time homeowner, or savvy investor who understands long-term strategy. Instead of asking, ''Can I afford this mortgage?'' the better question becomes, ''How much of my mortgage is already covered?'' The owner currently pays all utilities. Significant improvements have been completed across all three units, including renovated kitchens and bathrooms, updated flooring, refreshed doors and entry points, and an exterior deck that adds usable outdoor space and tenant appeal. This is not a deferred-maintenance project -- it's a move-forward opportunity. Located in desirable 41011, close to downtown Cincinnati and everything Covington offers, demand for well-maintained rental units remains strong. Live in it now. Let it support you. Move later and convert to a fully income-producing property. Three units. Multiple income streams. A strategy that grows with you.
MLS® Number640239
Laundry Level
Central VacNo
FireplaceNo
Acreage0.05
Exterior
GarageNo
Approx. Age
Basement
DrivewayOn Street
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 2, 2026List Date
$250,000List Price
  • Commute

Commute

Starting Address
Destination Address
328 Bush St, Covington, KY

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