Property Description

What a FIND! Gorgeous two family in the heart of Covington. The current owner has restored and upgraded this property with many great amenities including quartz/stainless, refinished hrdwd floors, newer roof and HVACs/mechanicals and much much more. What a perfect way to build equity by living in one and letting the second unit pay most or all of your mortgage. Or buy with a friend and each have your own home. Either way, this is a fantastic opportunity. Schedule a private showing today!

727 Lewis Street | MLS# 642586

This multi-family property located at 727 Lewis Street, Covington, KY 41011 is currently listed for sale with an asking price of $475,000. Lewis Street is located within the Covington Indep school district. Search Covington real estate on 2984silvermapledrive.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple

Basement: Full

Basement: Yes

Cooling: Central Air

Days on Market: 3

Heating: Natural Gas, Forced Air

Lot Size: 0.16 Acres

Roof Type: Shingle

Stories: 2.0

Feature Descriptions

Appliances: Stainless Steel Appliance(s), Gas Range, Dryer, Microwave, Refrigerator, Washer

Exterior: Lighting

Exterior: Brick

Foundation: Stone

Interior: Storage, Pantry, Granite Counters, Entrance Foyer

Laundry: In Basement

Lot Dimensions: 50 x 145

Owner Pays: Sewer, Water

Parcel Number: 040-44-07-002.00

Parking: Parking Lot, Private, No Garage, Off Street, Oversized

Patio/Porch: Covered, Porch

Property Condition: Existing Structure

Security: Smoke Detector(s)

Sewer: Public Sewer

Special View Info: City, Neighborhood

Structure Type: Duplex

Sub Type: Multi Family

Tenant Pays: Electricity, Gas, Heat

Units: 2

Water: Public

Window: Double Hung

Local Schools

High School: Holmes Senior High

Middle School: Holmes Middle School

Elementary School: John G. Carlisle Elementary

School District: Covington Indep

Demographics

Kenton County Demographic Information for 727 Lewis Street, Covington, KY 41011

Fips

Fips Code 21117

Population

2020 to 2025 Change up 4.0%

2010 Count 159,720

2020 Count 169,064

2025 Estimate (V2025) 175,779

2020 Estimate (V2025) 169,042

Age Distribution (Years Old)

0 to 4 5.6%

5 to 17 22.6%

18 to 64 55.0%

65 and Older 16.8%

Gender

Male 49.8%

Female 50.2%

Place of Birth

Foreign 4.1%

US 95.9%

Education

High School Graduate, Age 25+ 92.9%

Bachelor's Degree or Higher, Age 25+ 37.4%

Computer and Internet use

Households with a computer 95.8%

Households with a broadband Internet subscription 92.0%

Language

English is Second Language, Age 5+ 5.5%

English is First Language, Age 5+ 94.5%

Veterans

Veterans 7,465

Income

Per Capita Income $43,733

Median Household Income $80,548

People in Poverty 9.8%

Commute

Average Work Commute Time 23 minutes

Housing

Total Housing Units 73,256

Households 67,367

Average Household Size 2.52

Owner-Occupied 70.7%

Multi-Family 26.0%

Owner-Occupied Median Value $244,400

Median selected monthly owner costs -with a mortgage $1,584

Median selected monthly owner costs -without a mortgage $580

Median gross rent $1,069

Building Permits

New Private Housing Issued 2024 699

Years at Residence

1 Year or More 88.7%

Less Than 1 Year 11.3%

Business and Employment

Private non-farm Establishments 3,297

Private non-farm Employment 68,018

Private non-farm Employment Growth up 0.5%

Nonemployer Establishments 11,254

Number of Firms 2,816

Business Production

Value of Shipments $2,537,540,000

Wholesale Trade $1,316,991,000

Retail Trade $1,601,623,000

Retail Sales Per Capita $8,235

Accommodation and Food Services $405,567,000

Land

Land Area 160.25 sq. miles

Population Per Square Mile 997

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 2,552.91 per month $2,414.37 Principal & Interest $0.00 Property Tax (data not provided by mls) $138.54 Homeowner's Insurance

Change Payment Information

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727 Lewis StreetCovington, KY 41011