316 E 42nd St, Covington, KY 41015
Property image
Property image
OFF MARKET

316 E 42nd St
Covington, KY 41015

  • 2 Beds
  • 2 Baths
  • 1,564 sqft

$171,200

Trulia Estimate
as of Aug 15, 2026
Est. Refi. Payment $1,085/mo*
Refinance Your Home

$171,200

Trulia Estimate
as of Aug 15, 2026
Est. Refi. Payment $1,085/mo*
Refinance Your Home
2 Beds
2 Baths
1,564 sqft

Home Value

Trulia Estimate
$171K
Since last month
Increased$6K (+3.4%)
Since last year
Decreased$51K (-22.8%)
Since last sale
Decreased$827K (-82.7%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +149% in the last 10 years
MonthEstimated value
2026
August 2026$173K
July 2026$172K
June 2026$167K
May 2026$172K
April 2026$168K
March 2026$168K
February 2026$163K
January 2026$161K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
318 E 42nd St, Covington, KY
0.01
Multi-Family Home
$195,000
06/26/26
3
2
1,368
4012 Decoursey Ave, Covington, KY
0.10
Multi-Family Home
$208,262
10/29/25
4
2
2,928
15 E 41st St, Covington, KY
0.39
Multi-Family Home
$175,000
01/23/26
3
2
1,840
406 E 38th St, Covington, KY
0.30
Multi-Family Home
$200,000
03/04/26
3
2
1,600
4432 Decoursey Ave, Covington, KY
0.27
Multi-Family Home
$216,121
10/29/25
5
3
3,290
115 E 30th St, Covington, KY
0.87
Multi-Family Home
$229,000
04/17/26
2
2
1,824
109 Daniels St, Covington, KY
0.63
Multi-Family Home
$240,000
06/30/26
3
1
1,464
3121 Beech Ave, Covington, KY
0.84
Multi-Family Home
$181,000
11/19/25
3
2
1,536
100 Sunset Pl, Taylor Mill, KY
0.30
Multi-Family Home
$302,000
09/17/25
4
2
-
113 E 30th St, Covington, KY
0.88
Multi-Family Home
$110,025
10/30/25
2
2
1,260

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
323 E 42nd St, Covington, KY 41015
0.02
$252,600
3
2.5
1,710
Off Market
319 E 42nd St, Covington, KY 41015
0.02
$143,000
4
1.5
1,900
Recently Sold
322 E 42nd St, Covington, KY 41015
0.02
$158,600
3
1
1,376
Off Market
4121 Huntington Ave, Covington, KY 41015
0.04
-
-
-
-
Off Market
318 E 42nd St, Covington, KY 41015
0.01
$195,000
3
2
1,368
Recently Sold
4214 McKee St, Covington, KY 41015
0.06
$205,200
2
1.5
1,092
Off Market
4213 Huntington Ave, Covington, KY 41015
0.07
$178,500
2
1
1,056
Off Market
339 E 41st St, Covington, KY 41015
0.06
$192,600
2
1
1,081
Off Market
4307 McKee St, Covington, KY 41015
0.09
$241,800
4
1.5
1,758
Off Market
329 E 43rd St, Covington, KY 41015
0.10
$216,500
3
1.5
-
Off Market
166 E 42nd St, Covington, KY 41015
0.08
$234,900
3
1.5
1,392
For Sale
4310 Glenn Ave, Covington, KY 41015
0.12
$184,000
Studio
-
1,368
Off Market

Local Information

  • Map ViewExplore the area around 316 E 42nd St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Living Area
1,564 sqft
Price/Sqft
$109
Parking
None

About this House

Have someone Pay your Mortgage, 2 Family! Great Investment Property! Rents are $500 and $475, A 10 Cap Rate for returns! Great Cash Flow! Live in one and rent the other! 1st Floor Apartment has a New Furnace, and Newer Bathroom Fixtures. Roof was replaced 2010, Siding and Windows in 2013. Long term tenant on month to month lease upstairs.
316 E 42nd St, Covington, KY 41015 is a 2 bedroom, 2 bathroom, 1,564 sqft multi-family. It last sold for $1,000,000 on Apr 23, 2020. It is currently off market. The Trulia Estimate is $171,200, with a rent estimate of $1,313/month.

Home Details for 316 E 42nd St

Interior Features

Interior Details
Basement
Heating & Cooling
Heating: Forced Air, GasHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2
Appliances & Utilities
Refrigerator
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: CompositionFoundation Type: ConcretePorch
Parking & Garage
Parking: None

Property Information

Property Type / Style
Property Type: Multi Family

Community

Units in Building: 2

Lot Information

Lot Area: 3750 sqft

Price and Tax history

DateEventPrice
Apr 23, 2020
Source: N/A
Sold
$1,000,000
May 8, 2019
Source: N/A
Sold
$55,000
Mar 20, 2019
Source: Agent Provided
Pending
$64,900
Feb 6, 2019
Source: Agent Provided
PendingToActive
$64,900
Jan 25, 2019
Source: Agent Provided
Pending
$64,900

Market trends in Covington

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$231K
$6.71KMoM
Sale-to-List Price
99.1%
0.4%MoM
Price per sq ft
$171
$3MoM
Available listings
193
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Around this home

What Locals Say about Covington

At least 422 Trulia users voted on each feature.

  • 88 % Say there are sidewalks

  • 87 % Say it's dog friendly

  • 73 % Say car is needed

  • 72 % Say yards are well-kept

  • 66 % Say there's holiday spirit

  • 65 % Say parking is easy

  • 63 % Say kids play outside

  • 58 % Say streets are well-lit

  • 55 % Say neighbors are friendly

  • 53 % Say it's walkable to restaurants

  • 52 % Say people would walk alone at night

  • 52 % Say there's wildlife

  • 50 % Say it's walkable to grocery stores

  • 48 % Say they plan to stay for at least 5 years

  • 37 % Say it's quiet

  • 35 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Khnf6nyf29
    "Dogs are walked, both on sidewalks and alley ways. Done barking dogs in neighborhood and a few coyotes. "
    0
    Flag
  • Drew Woll
    "Close to almost anything in the Cincinnati area. If commute is a top priority this is the cheapest location with the shortest commute. I work 30 mins up north in Springdale which is a 25 mile drive. In 30 mins I could probably make it down to Williamstown, KY. South of MLK Street can be a bit unsafe just fyi."
    0
    Flag
  • Reeds-fuzzier.0l
    "Nice area, very quiet, packages are safe outside.. however not a very minority friendly area. I've lived here for years, neighbors only began to speak/ look me in the face once they seen I had gotten a puppy. "
    0
    Flag
  • Keli Simpson
    "The schools are not the greatest. The sixth district school has been completely remodeled and has air conditioning. There is an FC sponsored soccer pitch close,"
    0
    Flag
  • Htibtani
    "I moved in Covington on year 2000 Started my business and purchase home raised my kids and I’m still here, I love my Covington."
    0
    Flag
  • Asiago Lattimore
    "Probably the traffic sometimes lack of green space. There’s only 1 dog park and it’s near the northern west part of the city. "
    2
    Flag
  • Trulia User
    "It’s safe to live in Kentucky. I enjoy that everything is around me and we have great parks to go to "
    2
    Flag
  • Leanna
    "There's a new dog park right across from Larry's -great vibe neighborhood bar with food! The small dog community is starting to form and it's fun to run into your community friends out and about."
    0
    Flag
  • Leanna
    "There's a new dog park that's becoming a great place to meet people and getting to know your neighbors."
    1
    Flag
  • Trulia User
    "Yes it is very important for them to know everything about it they will know everything about it yes "
    1
    Flag
  • Trulia User
    "I love Latonia I’ve lived here for 47 years Latonia is our home for my daughter and I We love the area I still run in to people I went to kindergarten with A lot is in walking distance "
    0
    Flag
  • Trulia User
    "My mom lives here I visit her very frequently it’s not the nicest place since it’s a low income place people take advantage "
    0
    Flag
  • Trulia User
    "Not much space for pets house are on hills, the streets are horrible and it’s a pain to get around in the winter season "
    2
    Flag
  • Tim
    "LOVE IT I don’t have a dog. We have a pet rabbit, but all that does is make all the neighborhood dogs be quite affectionate. I think at least 75% of residence own a dog. 90% have a pet of some type"
    0
    Flag
  • Marsha B.
    "We have the licking river historic community. Neighborly condo association., farmers market for the community. "
    0
    Flag
  • Kelsie L.
    "There is few grassy spots on walks and the yard space is pretty limited in most areas in town. Great dogs parks nearby as well as devou park for hikes. "
    0
    Flag
  • Jdt.714
    "Some areas are okay, many are sketchy. Not an area to walk alone at night. Petty crime is common. Many folks won’t clean up after their pets."
    22
    Flag
  • Dena H.
    "Oktoberfest Maifest Dog costume parade. There used to be a festival every month during the summer and fall "
    0
    Flag
  • Jmsmith1990
    "trustworthy group of individuals, left packages on our doorstep and none have disappeared. I have borrowed from neighbors and all have been very generous"
    0
    Flag
  • Orlando W.
    "The neighborhood is a dog friendly area and people are very friendly. I like the area for that reason as well. When my grand babies come over I feel safe with them playing out side."
    0
    Flag
  • Skloeker01
    "Schools are improving and there is a general sense of community that has developed strongly over the last 8 to 10 years."
    0
    Flag
  • Debra H.
    "there are 4 buses that I can take to get downtown so if I miss one there are 3 others I can take. it gets me where I need to go"
    6
    Flag
  • Alicia H.
    "Alot of events in the main Strauss area threw out the year. It's known as a German town. Food pubs year around. then festivals Mardi gras ect. It's a beautiful city. any day of the year just for a walk by the river for the view "
    12
    Flag
  • Aaron.henderson33
    "My neighborhood has a great community feel. It’s safe and convenient but still secluded enough to feel private"
    0
    Flag
  • Charles H.
    "All kinds of events put on by the Mainstrasse council during the holidays. Halloween costume contest and animal parades, tree lightings etc"
    0
    Flag
  • Donna
    "Street parties in main Strauss are always fun and family friendly. We’re also close to other towns who throw events. "
    1
    Flag
  • Shelli.rowland
    "I’ve lived here for 10 yrs. we live in the oldest settlement in Covington. The neighbors are kind and we have a great walking neighborhood. "
    15
    Flag
  • TJ
    "It’s been very enjoyable. The neighborhood is quiet and the area is well kept. I have been here for a year and so far so good."
    12
    Flag
  • Lacie H.
    "It’s home to me! I’ve grown up here. The community sticks together, we are one big family. I’m safe here. Positive out-ways the negative."
    2
    Flag
  • Jessezetko
    "great access to TANK services, bus stop around every corner. Uber and Lyft is everywhere for people who can't or don't drive. Not any bad traffic besides when there are crashes on Madison."
    6
    Flag
  • Dan M.
    "A quick and easy access to 75, 71, 74, and 275. The perfect in between location! Downtown is only an 8 minute drive. Uber and Lyft rides downtown are on average about $12. "
    0
    Flag
  • Rob B.
    "There are lots of families moving into the city and the parks and restaurants are wonderful. The city is actively working to improve life for the city’s residents. "
    0
    Flag
  • Daisy W.
    "German heritage, gentrification, goetta fest, may fest, Madison theater, garden tours, biking and walking to work!"
    0
    Flag

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Homes for sale near 316 E 42nd St

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Off Market Homes Near 316 E 42nd St

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Frequently asked questions about 316 E 42nd St

  • What is 316 E 42nd St estimated to be worth?
    Trulia's estimated value for 316 E 42nd St in Covington, KY is $171,200.
  • What is the price history for 316 E 42nd St?
    316 E 42nd St in Covington, KY last sold for $1,000,000 in April 2020.
  • Is Covington a buyer's or seller's market?
    Covington is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Covington?
    The median sale price in Covington is $231K. That is up $6.71K from the prior month.