318 E 42nd St
Covington, KY 41015
- 3 Beds
- 2 Baths
- 1,368 sqft
$204,900
$204,900
3 Beds
2 Baths
1,368 sqft
Local Information
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Description
Excellent investment opportunity in the charming community of Latonia. Versatile two-family home offers endless potential for both investors and owner-occupants alike. Featuring two separate units with independent utilities, this property provides flexibility and convenience.
The first unit includes two spacious bedrooms and one full bathroom, highlighted by an updated bath with classic subway tile and new vinyl plank flooring in both the kitchen and bathroom. The second unit offers a comfortable one-bedroom, one-bath layout, complete with stylish barn doors and a cozy front porch and level backyard--perfect for relaxing. Ideally situated within walking distance to public transportation, local shops, and dining, this property is perfectly positioned for tenant appeal. Both units are currently leased on a month-to-month basis, offering future flexibility of income. Laundry hook up in basement. Showings require a minimum of 24-hour notice. Tenants may be willing to stay.
The first unit includes two spacious bedrooms and one full bathroom, highlighted by an updated bath with classic subway tile and new vinyl plank flooring in both the kitchen and bathroom. The second unit offers a comfortable one-bedroom, one-bath layout, complete with stylish barn doors and a cozy front porch and level backyard--perfect for relaxing. Ideally situated within walking distance to public transportation, local shops, and dining, this property is perfectly positioned for tenant appeal. Both units are currently leased on a month-to-month basis, offering future flexibility of income. Laundry hook up in basement. Showings require a minimum of 24-hour notice. Tenants may be willing to stay.
Home Highlights
Parking
Garage
Outdoor
Porch
A/C
Heating & Cooling
HOA
None
Price/Sqft
$150
Listed
43 days ago
Home Details for 318 E 42nd St
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Interior Details Basement: Full |
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Dimensions and Layout Living Area: 1368 Square Feet |
Appliances & Utilities Utilities: Cable Available, Natural Gas AvailableAppliances: Electric Range, Electric Oven, Gas Range, Gas Oven, Microwave, RefrigeratorLaundry: In BasementMicrowaveRefrigerator |
Heating & Cooling Heating: Forced AirHas CoolingAir Conditioning: Window Unit(s)Has HeatingHeating Fuel: Forced Air |
Windows, Doors, Floors & Walls Window: Double Hung, Vinyl FramesDoor: Barn Door(s) |
Levels, Entrance, & Accessibility Stories: 2Levels: TwoAccessibility: None |
View Has a ViewView: Neighborhood |
Security Security: Smoke Detector(s) |
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Exterior Home Features Roof: ShinglePatio / Porch: Covered, PorchFencing: MetalFoundation: Block |
Parking & Garage Number of Garage Spaces: 1Number of Covered Spaces: 1No CarportHas a GarageNo Attached GarageHas Open ParkingParking Spaces: 1Parking: Driveway,Garage,Garage Faces Front,On Street |
Water & Sewer Sewer: Public Sewer |
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Cumulative Days on Market: 22Days on Market: 43 |
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Year Built Year Built: 1924 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family, DuplexStructure Type: DuplexArchitecture: Duplex |
Building Construction Materials: Vinyl SidingNot a New ConstructionDoes Not Include Home Warranty |
Property Information Condition: Existing StructureParcel Number: 0564105026.00 |
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Price List Price: $204,900Price Per Sqft: $150 |
Status Change & Dates Off Market Date: Fri Apr 17 2026 |
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MLS Status: Pending |
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Direction & Address City: Covington |
School Information Elementary School: Latonia ElementaryJr High / Middle School: Holmes Middle SchoolHigh School: Holmes Senior HighHigh School District: Covington Indep |
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Listing Agent Listing ID: 640923 |
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Building Area Building Area: 1368 Square Feet |
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Lot Area: 3920.4 sqft |
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Mobile Home Park Mobile Home Units: Feet |
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Expense Tenant Pays: Gas, Heat, Sewer, Water |
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BasementMls Number: 640923 |
Last check for updates: about 2 hours ago
Listing courtesy of Debbie Bardonaro, (859) 512-2650
Sibcy Cline, REALTORS-Florence
Source: NKMLS, MLS#640923

Also Listed on NKMLS.
Price History for 318 E 42nd St
| Date | Price | Event | Source |
|---|---|---|---|
| 04/17/2026 | $204,900 | Pending | NKMLS #640923 |
| 04/13/2026 | $204,900 | PriceChange | NKMLS #640923 |
| 04/06/2026 | $209,900 | PriceChange | NKMLS #640923 |
| 03/26/2026 | $214,900 | Listed For Sale | NKMLS #640923 |
| 07/05/2023 | $180,000 | Sold | NKMLS #613915 |
| 06/02/2023 | $165,000 | Pending | NKMLS #613915 |
| 05/25/2023 | $165,000 | Listed For Sale | NKMLS #613915 |
| 02/08/2021 | $75,900 | Sold | N/A |
| 01/04/2021 | $79,800 | Pending | Agent Provided |
| 12/18/2020 | $79,800 | Listed For Sale | Agent Provided |
| 12/08/2020 | $47,500 | Sold | N/A |
| 12/05/2020 | $87,800 | Listed For Sale | Agent Provided |
| 03/23/2006 | $60,850 | Sold | N/A |
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Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $2,367 |
| Assessment | $180,000 |
Home facts updated by county records
Comparable Sales for 318 E 42nd St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.39 | Multi-Family Home | $175,000 | 01/23/26 | 3 | 2 | 1,840 | |
0.29 | Multi-Family Home | $200,000 | 03/04/26 | 3 | 2 | 1,600 | |
0.83 | Multi-Family Home | $181,000 | 11/19/25 | 3 | 2 | 1,536 | |
0.31 | Multi-Family Home | $302,000 | 09/17/25 | 4 | 2 | - | |
1.14 | Multi-Family Home | $287,000 | 07/02/25 | 4 | 2 | 2,000 | |
1.22 | Multi-Family Home | $333,000 | 10/22/25 | 2 | 2 | 1,598 |
Assigned Schools
These are the assigned schools for 318 E 42nd St.
What Locals Say about Covington
At least 418 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 people would walk alone at night
53 % Say it's walkable to restaurants
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Debbie Bardonaro, Sibcy Cline, REALTORS-Florence
Agent Phone: (859) 512-2650

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of NKMLS. Real estate listings held by IDX Brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers.
Listing information is deemed reliable, but not guaranteed.
Copyright 2026 Northern Kentucky Multiple Listing Service, Inc. All rights reserved.
Listing information is deemed reliable, but not guaranteed.
Copyright 2026 Northern Kentucky Multiple Listing Service, Inc. All rights reserved.
318 E 42nd St, Covington, KY 41015 is a 3 bedroom, 2 bathroom, 1,368 sqft multi-family built in 1924. This property is currently available for sale and was listed by NKMLS on Mar 26, 2026. The MLS # for this home is MLS# 640923.

