$260,000

237 Highway Ave Ludlow, KY 41016

Estimated payment $1,511/month

Total Views 18,353
4 Beds
2 Baths
1,426 Sq Ft
$182 Price per Sq Ft

Highlights

  • Very Popular Property
  • Wood Frame Window
  • Mini Split Air Conditioners
  • 0.16 Acre Lot
  • Porch
  • Patio

About This Home

One or more photo(s) were virtually staged. Investor Opportunity!
This well-maintained duplex in the heart of Ludlow offers a great opportunity for owner-occupants or investors seeking steady income. Both units are tenant-occupied with long-term leases, ensuring immediate cash flow. The property has been recently updated, featuring modern finishes and separate washer and dryer for each apartment in basement—an added convenience your tenants will appreciate. In addition to updating, some maintainance items were also addressed. New sewer lateral line installed, Some gas lineswere replaced due to leaking. Gas lines pressure tested after repairs. Some electrical outletsreplaced, new electric installed for washer, dryer, and lighting in basement. Permits pulled and work done by license plumber and electrician.
Also, fascia and gutter repairs, power washed exterior, some exterior panels replaced, repaired windows, painted exterior, poured new concrete pad and new sidewalk on the side ofhouse, rerouted sub pump discharge away from house, re-tucking chimney and exterior, added flashing to chimney. Both units have newer appliances (stove, fridge, washer, dryer, and 2 ac window units/unit). Located minutes from downtown Cincinnati, parks, and local amenities, this property combines strong rental history, updated condition, and an ideal location. The city of Ludlow—just across the river from Cincinnati—has quietly carved out a charm all its own. With a compact footprint and a walkable downtown core (especially along Elm Street), it offers an eclectic mix of businesses that blend historic architecture with creative, locally-driven retail. Many buildings retain historic charm, giving the area a sense of authenticity and uniqueness rather than a cookie-cutter retail strip. A smart addition to any portfolio!

Listing Agent

Patricia A. Fouts

eXp Realty, LLC License #215980 Listed on: 11/05/2025

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,690

Lot Details

  • 6,970 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Block Foundation
  • Shingle Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,426 Sq Ft Home
  • 2-Story Property
  • Non-Functioning Fireplace
  • Brick Fireplace
  • Vinyl Clad Windows
  • Wood Frame Window
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Electric Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Patio
  • Porch

Schools

  • Mary A. Goetz Elementary School
  • Ludlow Middle School
  • Ludlow High School

Utilities

  • Mini Split Air Conditioners
  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Furnace
  • Separate Meters
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 040-12-01-002.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,690

Lot Details

0

Listing Details

  • Cooling: Window Unit(s)
  • Property Condition: Existing Structure
  • Property Sub Type: Multi Family
  • Lot Size Acres: 0.16
  • Lot Size: 6970
  • Ownership: LLC
  • Directions: RT 8 thru Covington toward Ludlow, name of main route is Highway Ave
  • New Construction: No
  • Structure Type: Duplex
  • Location Tax Legal Info:New Construction: No
  • Location Tax Legal Info:Elementary School: Mary A. Goetz Elementary
  • Location Tax Legal Info:Middle or Junior School: Ludlow Middle School
  • Location Tax Legal Info:High School: Ludlow High
  • Contract Info:Auction YN: No
  • General Property Description:Basement YN2: Yes
  • General Property Description:Fireplace YN: Yes
  • General Property Description:Lot Size Dimensions: 6970
  • General Property Description:Approx SqFt2: 1426.0
  • Remarks Misc:Agent Only Remarks: Tenant occupied and requires 48 hour notice. Buyer must be accompanied by buyer's agent. NO photos/videos or virtual tours. Showings between 10:00am-6:00 pm. Please submit preapproval or POF when scheduling an appointment.
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Utilities Electric Company: Duke
  • Utilities Gas Company: Duke
  • Water Company: NKWD
  • Water Source:Public: Yes
  • General Property Description:Lot Size Acres: 0.16
  • General Property Description:Living Area: 1426.0
  • General Property Description:Lot Size Square Feet: 6970.0
  • Miscellaneous Home Warranty: No
  • Security Features:Smoke Detector(s): Yes
  • Location Tax Legal Info:Tax ID: 040-12-01-002.00
  • Appliances Refrigerators: Yes
  • Foundation:Block4: Yes
  • General Property Description:Fireplaces Total: 1
  • Appliances Dryer: Yes
  • Washers: Yes
  • Laundry Features:In Basement: Yes
  • Cooling:Window Unit(s): Yes
  • General Property Description:_pound_ of Buildings: 1
  • Utilities:Separate Air Condition: Yes
  • Utilities:Separate Furnace: Yes
  • Utilities:Separate Gas Electric: Yes
  • General Property Description:Number Of Units Total: 2
  • Structure Type:Duplex: Yes
  • Levels:Two2: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Heating: Natural Gas
  • Levels: Two
  • Property Type: MultiFamily
  • Tenant Pays: Electricity, Gas, Heat, Sewer, Water
  • Number Of Buildings: 1
  • Appliances: Electric Range, Electric Oven, Dryer, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Brick, Inoperable
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1426.0
  • Window Features: Vinyl Frames, Wood Frames
  • Full Basement: Yes
  • Appliances:Electric Oven: Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Inoperable: Yes
  • Fireplace Features:Brick3: Yes

Exterior Features

  • Roof: Shingle
  • Home Warranty: No
  • Construction Type: Other, Aluminum Siding, Vinyl Siding
  • Foundation Details: Block
  • Patio And Porch Features: Patio, Porch
  • Construction Materials:Vinyl Siding: Yes
  • Window Features:Vinyl Frames: Yes
  • Patio and Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Construction Materials:Other7: Yes
  • Window Features:Wood Frames: Yes
  • Construction Materials:Aluminum Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Street
  • Parking Features:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: In Basement
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available
  • Heating:Natural Gas2: Yes

Schools

  • Elementary School: Mary A. Goetz Elementary
  • Junior High Dist: Ludlow Indep
  • High School: Ludlow High
  • Middle Or Junior School: Ludlow Middle School

Lot Info

  • Lot Size Sq Ft: 6970.0
  • Zoning Description: Multi Family

Multi Family

  • Number Of Units Total: 2

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,690 $130,000 $10,000 $120,000
2023 $1,351 $105,000 $10,000 $95,000
2022 $1,388 $105,000 $10,000 $95,000
2021 $1,537 $105,000 $10,000 $95,000
2020 $1,027 $68,700 $10,000 $58,700
2019 $764 $50,000 $10,000 $40,000
2018 $759 $50,000 $10,000 $40,000
2017 $615 $40,000 $10,000 $30,000
2015 $579 $40,000 $10,000 $30,000
2014 $234 $14,000 $10,000 $4,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/05/2025 11/05/25 For Sale $260,000 +100.0% $182 / Sq Ft
08/01/2023 08/01/23 Sold $130,000 -13.3% $91 / Sq Ft View Prior Sale
05/05/2023 05/05/23 Pending -- -- --
04/19/2023 04/19/23 For Sale $150,000 -- $105 / Sq Ft
Source: Northern Kentucky Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Warranty Deed $130,000 360 American Title
Commissioners Deed $105,000 None Listed On Document
Commissioners Deed $105,000 None Listed On Document
Warranty Deed $105,000 360 American Title Svcs Llc
Warranty Deed $68,750 Northwest Ttl Fam Of Compani
Special Warranty Deed $14,000 None Available
Commissioners Deed $45,400 None Available
Deed -- First American Title Ins Co
Warranty Deed $60,000 All-Ohio Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $143,000 New Conventional
Previous Owner $49,600 Purchase Money Mortgage
Source: Public Records

About the Listing Agent

Patricia A.'s Other Listings

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  • 8 Whispering Woods Ln, Alexandria, KY 41001

    $370,000 Sold Jun 30, 2025

    • 4 Beds
    • 2.5 Baths
    • 2,392 Sq Ft
    • 8 Whispering Woods Ln
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    Close to shopping, restaurants and other every day conveniences, but has a country feeling where located. Secluded small subdivision approximately a mile from AA. Quiet cul de sac street. Home backs up to New Alexandria Reservoir which gives a wooded view from back yard. Second floor primary bedroom extends from front of the home to the back. Primary bedroom is on opposite side from the other

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Source: Northern Kentucky Multiple Listing Service

MLS Number: 637764

Northern Kentucky Multiple Listing Service

APN: 040-12-01-002.00