316 E 42nd St
Covington, KY 41015
- 2 Beds
- 2 Baths
- 1,564 sqft
2 Beds
2 Baths
1,564 sqft
Local Information
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Description
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.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.
Home Highlights
Parking
None
Outdoor
Porch
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
No Info
Home Details for 316 E 42nd St
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Interior Details Basement |
Heating & Cooling Heating: Forced Air, GasHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 2 |
Appliances & Utilities Refrigerator |
Fireplace & Spa Fireplace |
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Exterior Home Features Roof: CompositionFoundation Type: ConcretePorch |
Parking & Garage Parking: None |
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Property Type / Style Property Type: Multi Family |
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Units in Building: 2 |
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Lot Area: 3750 sqft |
Price History for 316 E 42nd St
| Date | Price | Event | Source |
|---|---|---|---|
| 04/23/2020 | $1,000,000 | Sold | N/A |
| 05/08/2019 | $55,000 | Sold | N/A |
| 03/20/2019 | $64,900 | Pending | Agent Provided |
| 02/06/2019 | $64,900 | PendingToActive | Agent Provided |
| 01/25/2019 | $64,900 | Pending | Agent Provided |
| 10/16/2018 | $64,900 | PriceChange | Agent Provided |
| 08/09/2018 | $69,900 | Listed For Sale | Agent Provided |
| 12/29/2009 | $22,500 | Sold | N/A |
| 09/14/2009 | $43,334 | Sold | N/A |
| 11/06/2002 | $50,000 | Sold | N/A |
Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $907 |
| Assessment | $69,000 |
Home facts updated by county records
Comparable Sales for 316 E 42nd St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.10 | Multi-Family Home | $208,262 | 10/29/25 | 4 | 2 | 2,928 | |
0.39 | Multi-Family Home | $175,000 | 01/23/26 | 3 | 2 | 1,840 | |
0.30 | Multi-Family Home | $200,000 | 03/04/26 | 3 | 2 | 1,600 | |
0.27 | Multi-Family Home | $216,121 | 10/29/25 | 5 | 3 | 3,290 | |
0.87 | Multi-Family Home | $229,000 | 04/17/26 | 2 | 2 | 1,824 | |
0.84 | Multi-Family Home | $181,000 | 11/19/25 | 3 | 2 | 1,536 | |
0.30 | Multi-Family Home | $302,000 | 09/17/25 | 4 | 2 | - | |
0.88 | Multi-Family Home | $110,025 | 10/30/25 | 2 | 2 | 1,260 | |
0.74 | Multi-Family Home | $220,000 | 02/20/26 | 3 | 3 | 1,440 | |
1.23 | Multi-Family Home | $333,000 | 10/22/25 | 2 | 2 | 1,598 |
Assigned Schools
These are the assigned schools for 316 E 42nd St.
What Locals Say about Covington
At least 419 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
Learn more about our methodology.
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Explore by feature
316 E 42nd St, Covington, KY 41015 is a 2 bedroom, 2 bathroom, 1,564 sqft multi-family. This property is not currently available for sale. 316 E 42nd St was last sold on Apr 23, 2020 for $1,000,000. The current Trulia Estimate for 316 E 42nd St is $168,700.

