$319,500

( $57.51Per Sq Foot )

$2,126 est/mo Sourced by Back At You

401-403 Elm Street,Covington, KY 41016

Covington, KY 41016

Description

Motivated seller offering a rare opportunity in the heart of Ludlow with a 20K price reduction! 401-403 Elm St is a classic corner property offering both retail and residential possibilities with exceptional visibility and flexibility. This two-story mixed-use building spans over 5,500 square feet and sits on a 0.11-acre lot in a thriving, walkable neighborhood just minutes from downtown Cincinnati. Includes Bonus Building with Separate Utilities.

Details

MLS #	639087
Listing Type	For Sale
Style	Mixed Use
Sub-Type	Resale
Status	Pending
Year	1900
Days On Site	227
Listing Provided By	eXp Realty, LLC \| Caldwell Group

Features

SQ Feet	5,556
Basement	Y
Story(s)	2
Building(s)	2
Zoning	Non Conform
Acreage	0.11

Area Information

State	KY
County	Kenton
City	Covington
Zip Code	41016
Area	K02 Bromley \| Ludlow Area
Subarea	Bromley \| Ludlow Area
Listing VS Median (in 41016)
Price: $319,500 low \| high Med: $267,700 66.212832550861% of Average sqft: 5,556 low \| high Med: 1,326 100% of Average $ / sqft: $58 low \| high Med: $202 100% of Average On site: 227 low \| high Med: 81 100% of Average

Sourced by Back At You

Market Activity 41016

Date	Sales	Avg $ Per SqFt	Min Sale Price	Max Sale Price	Med Sale Price
Date: Jul 2026	Sales: 3	Avg $ Per SqFt: $223.17	Min Sale Price: $205,000	Max Sale Price: $286,000	Med Sale Price: $275,000
Date: Jun 2026	Sales: 6	Avg $ Per SqFt: $132.44	Min Sale Price: $105,000	Max Sale Price: $463,000	Med Sale Price: $189,750
Date: May 2026	Sales: 9	Avg $ Per SqFt: $140.05	Min Sale Price: $79,000	Max Sale Price: $330,000	Med Sale Price: $190,000
Date: Apr 2026	Sales: 12	Avg $ Per SqFt: $160.63	Min Sale Price: $25,400	Max Sale Price: $359,900	Med Sale Price: $277,000
Date: Mar 2026	Sales: 6	Avg $ Per SqFt: $202.94	Min Sale Price: $48,000	Max Sale Price: $1,023,246	Med Sale Price: $250,950
Date: Feb 2026	Sales: 14	Avg $ Per SqFt: $160.95	Min Sale Price: $40,000	Max Sale Price: $495,000	Med Sale Price: $259,900
Date: Jan 2026	Sales: 16	Avg $ Per SqFt: $181.24	Min Sale Price: $65,000	Max Sale Price: $696,000	Med Sale Price: $229,500
Date: Dec 2025	Sales: 17	Avg $ Per SqFt: $159.62	Min Sale Price: $45,500	Max Sale Price: $325,000	Med Sale Price: $213,500
Date: Nov 2025	Sales: 10	Avg $ Per SqFt: $101.05	Min Sale Price: $2,300	Max Sale Price: $260,000	Med Sale Price: $157,450
Date: Oct 2025	Sales: 8	Avg $ Per SqFt: $158.68	Min Sale Price: $15,000	Max Sale Price: $250,000	Med Sale Price: $193,250
Date: Sep 2025	Sales: 4	Avg $ Per SqFt: $176.29	Min Sale Price: $45,000	Max Sale Price: $338,000	Med Sale Price: $147,491
Date: Aug 2025	Sales: 1	Avg $ Per SqFt: $351.21	Min Sale Price: $769,497	Max Sale Price: $769,497	Med Sale Price: $769,497

Sourced by Back At You

Jul 2026
Sales:	3
Avg $ Per SqFt:	$223.17
Min Sale Price:	$205,000
Max Sale Price:	$286,000
Med Sale Price:	$275,000
Jun 2026
Sales:	6
Avg $ Per SqFt:	$132.44
Min Sale Price:	$105,000
Max Sale Price:	$463,000
Med Sale Price:	$189,750
May 2026
Sales:	9
Avg $ Per SqFt:	$140.05
Min Sale Price:	$79,000
Max Sale Price:	$330,000
Med Sale Price:	$190,000
Apr 2026
Sales:	12
Avg $ Per SqFt:	$160.63
Min Sale Price:	$25,400
Max Sale Price:	$359,900
Med Sale Price:	$277,000
Mar 2026
Sales:	6
Avg $ Per SqFt:	$202.94
Min Sale Price:	$48,000
Max Sale Price:	$1,023,246
Med Sale Price:	$250,950
Feb 2026
Sales:	14
Avg $ Per SqFt:	$160.95
Min Sale Price:	$40,000
Max Sale Price:	$495,000
Med Sale Price:	$259,900
Jan 2026
Sales:	16
Avg $ Per SqFt:	$181.24
Min Sale Price:	$65,000
Max Sale Price:	$696,000
Med Sale Price:	$229,500
Dec 2025
Sales:	17
Avg $ Per SqFt:	$159.62
Min Sale Price:	$45,500
Max Sale Price:	$325,000
Med Sale Price:	$213,500
Nov 2025
Sales:	10
Avg $ Per SqFt:	$101.05
Min Sale Price:	$2,300
Max Sale Price:	$260,000
Med Sale Price:	$157,450
Oct 2025
Sales:	8
Avg $ Per SqFt:	$158.68
Min Sale Price:	$15,000
Max Sale Price:	$250,000
Med Sale Price:	$193,250
Sep 2025
Sales:	4
Avg $ Per SqFt:	$176.29
Min Sale Price:	$45,000
Max Sale Price:	$338,000
Med Sale Price:	$147,491
Aug 2025
Sales:	1
Avg $ Per SqFt:	$351.21
Min Sale Price:	$769,497
Max Sale Price:	$769,497
Med Sale Price:	$769,497

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Contact

Learn More About This Property

Andrea Searles

e-Merge Real Estate

2025003051 (740) 438-4255 andrea.searles@e-merge.com

State	KY
County	Kenton
City	Covington
Zip Code	41016
Area	K02 Bromley \| Ludlow Area
Subarea	Bromley \| Ludlow Area
Listing VS Median (in 41016)
Price: $319,500 low \| high Med: $267,700 66.212832550861% of Average sqft: 5,556 low \| high Med: 1,326 100% of Average $ / sqft: $58 low \| high Med: $202 100% of Average On site: 227 low \| high Med: 81 100% of Average

Sourced by Back At You

Listing Updated: August 10, 2026 at 5:25:13 PM PDT

401-403 Elm Street,Covington, KY 41016

Covington, KY 41016

Description

Details

Features

Area Information

Market Activity 41016

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Additional Information

Showing Information

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Learn More About This Property

Andrea Searles

e-Merge Real Estate

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Andrea Searles - e-Merge Real Estate Pickerington - e-Merge Real Estate

401-403 Elm Street,Covington, KY 41016

Covington, KY 41016

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Description

Details

Features

Area Information

Market Activity 41016

Request a showing

Request a showing

Contact

Additional Information

Showing Information

Submit Form

Contact

Learn More About This Property

Andrea Searles

e-Merge Real Estate

Contact

Additional Information

Submit Form

Attachments

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Andrea Searles - e-Merge Real Estate Pickerington - e-Merge Real Estate