312 Commonwealth Ave Erlanger, KY 41018
Estimated payment $1,325/month
Highlights
- City View
- Traditional Architecture
- No HOA
- Open Floorplan
- Granite Countertops
- 5-minute walk to Locust Street Park
About This Home
This charming, renovated bungalow is a ''set-it-and-forget-it'' addition to any portfolio. Investors will appreciate the low-maintenance upgrades, including a modernized kitchen, refreshed bathrooms, and new flooring throughout. The property is currently occupied by reliable, long-term tenants under a lease through 2027, generating a consistent $1,800/month in gross rent. Enjoy a seamless transition and immediate ROI with this meticulously maintained, high-demand rental.
Home Details
Home Type
- Single Family
Year Built
- Built in 1959
Lot Details
- 5,600 Sq Ft Lot
- Lot Dimensions are 30x175
- Level Lot
- Land Lease
Parking
- Garage
- Driveway
Home Design
- Traditional Architecture
- Block Foundation
- Shingle Roof
- Wood Siding
Interior Spaces
- 740 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Ceiling Fan
- Fireplace
- Vinyl Clad Windows
- Family Room
- Living Room
- Laminate Flooring
- City Views
- Laundry on lower level
Kitchen
- Eat-In Kitchen
- Electric Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Granite Countertops
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Basement
- Walk-Out Basement
- Partial Basement
Schools
- Aj Lindeman Elementary School
- Tichenor Middle School
- Lloyd High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Cable TV Available
Community Details
- No Home Owners Association
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $2,506 | $190,000 | $25,000 | $165,000 |
| 2024 | $1,156 | $86,600 | $25,000 | $61,600 |
| 2023 | $1,125 | $86,600 | $25,000 | $61,600 |
| 2022 | $968 | $63,000 | $20,000 | $43,000 |
| 2021 | $981 | $63,000 | $20,000 | $43,000 |
| 2020 | $975 | $63,000 | $20,000 | $43,000 |
| 2019 | $960 | $63,000 | $20,000 | $43,000 |
| 2018 | $898 | $57,300 | $20,000 | $37,300 |
| 2017 | $800 | $57,300 | $20,000 | $37,300 |
| 2015 | $762 | $57,300 | $20,000 | $37,300 |
| 2014 | $739 | $57,300 | $20,000 | $37,300 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/21/2026 04/21/26 | Price Changed | $209,000 | -2.8% | $282 / Sq Ft | |
| 04/06/2026 04/06/26 | Price Changed | $215,000 | -6.5% | $291 / Sq Ft | |
| 03/29/2026 03/29/26 | For Sale | $230,000 | +21.1% | $311 / Sq Ft | |
| 10/15/2024 10/15/24 | Sold | $190,000 | -4.5% | $257 / Sq Ft | View Prior Sale |
| 09/16/2024 09/16/24 | Pending | -- | -- | -- | |
| 09/09/2024 09/09/24 | Price Changed | $199,000 | -4.8% | $269 / Sq Ft | |
| 08/27/2024 08/27/24 | For Sale | $209,000 | -- | $282 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $190,000 | 360 American Title | |
| Warranty Deed | $65,000 | 360 American Title | |
| Warranty Deed | -- | None Available |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $142,500 | New Conventional | |
| Previous Owner | $45,840 | Purchase Money Mortgage |
Source: Northern Kentucky Multiple Listing Service
MLS Number: 641013
APN: 003-30-13-012.00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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 Ten-X 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.
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Ask me questions while you tour the home.