318 E 42nd St Covington, KY 41015
Latonia-Rosedale NeighborhoodHighlights
- Popular Property
- Covered Patio or Porch
- Eat-In Kitchen
- Neighborhood Views
- Fireplace
- Mini Split Air Conditioners
About This Home
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.
Listing Agent
Sibcy Cline, REALTORS-Florence License #276570 Listed on: 03/26/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1924
Lot Details
- 3,750 Sq Ft Lot
- Lot Dimensions are 25 x 150
- Aluminum or Metal Fence
Parking
- Garage
- Front Facing Garage
- Driveway
- On-Street Parking
Home Design
- Duplex
- Block Foundation
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,368 Sq Ft Home
- Fireplace
- Vinyl Clad Windows
- Double Hung Windows
- Storage
- Neighborhood Views
- Fire and Smoke Detector
Kitchen
- Eat-In Kitchen
- Gas Oven
- Gas Range
- Microwave
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Outdoor Features
- Covered Patio or Porch
Schools
- Latonia Elementary School
- Holmes Middle School
- Holmes Senior High School
Utilities
- Mini Split Air Conditioners
- Window Unit Cooling System
- Forced Air Heating System
- Furnace
- Separate Meters
- 100 Amp Service
- Cable TV Available
Community Details
- 2 Units
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 | $2,385 | $180,000 | $10,000 | $170,000 |
| 2024 | $2,367 | $180,000 | $10,000 | $170,000 |
| 2023 | $1,061 | $75,900 | $10,000 | $65,900 |
| 2022 | $1,058 | $75,900 | $10,000 | $65,900 |
| 2021 | $984 | $60,800 | $10,000 | $50,800 |
| 2020 | $979 | $60,800 | $10,000 | $50,800 |
| 2019 | $990 | $60,800 | $10,000 | $50,800 |
| 2018 | $1,009 | $60,800 | $10,000 | $50,800 |
| 2017 | $1,023 | $60,800 | $10,000 | $50,800 |
| 2015 | $1,269 | $60,800 | $10,000 | $50,800 |
| 2014 | $1,202 | $60,800 | $10,000 | $50,800 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/26/2026 03/26/26 | For Sale | $214,900 | +19.4% | $157 / Sq Ft | |
| 07/05/2023 07/05/23 | Sold | $180,000 | +9.1% | $132 / Sq Ft | View Prior Sale |
| 05/29/2023 05/29/23 | Pending | -- | -- | -- | |
| 05/25/2023 05/25/23 | For Sale | $165,000 | +117.4% | $121 / Sq Ft | |
| 01/22/2021 01/22/21 | Sold | $75,900 | -4.9% | $55 / Sq Ft | View Prior Sale |
| 01/03/2021 01/03/21 | Pending | -- | -- | -- | |
| 12/18/2020 12/18/20 | Price Changed | $79,800 | -0.3% | $58 / Sq Ft | |
| 12/05/2020 12/05/20 | For Sale | $80,000 | -- | $58 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $180,000 | None Listed On Document | |
| Warranty Deed | $180,000 | None Listed On Document | |
| Warranty Deed | $75,900 | None Available | |
| Warranty Deed | $47,500 | Associates Title | |
| Warranty Deed | $60,850 | Old Town Title Agency |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $176,739 | FHA | |
| Closed | $176,739 | FHA | |
| Previous Owner | $100,000 | Construction | |
| Previous Owner | $48,650 | Fannie Mae Freddie Mac |
Source: Northern Kentucky Multiple Listing Service
MLS Number: 640923
APN: 056-41-05-026.00
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Ask me questions while you tour the home.