Property Description

Dont miss this fully renovated modern-traditional gem located just on the edge of the heart of Covington, only a few blocks from the entertainment, dining, and charm of MainStrasse Village! This home welcomes you with exceptional outdoor living spaces, including a spacious covered front porch and a private back patio overlooking the backyard -- perfect for relaxing or entertaining. Rare for the area, the property also offers ample off-street parking with space for three vehicles. Inside, youll find 3 spacious bedrooms, 2 full bathrooms, two versatile flex rooms, soaring 9-foot ceilings, and a partially finished basement, providing an uncommon amount of functional living space and room to grow for a Covington home. Thoughtful renovations throughout blend timeless character with modern style, featuring granite countertops, brand-new appliances, updated flooring on the main level, and contemporary finishes throughout.

507 W 16th Street | MLS# 642481

This single family home located at 507 W 16th Street, Covington, KY 41014 is currently listed for sale with an asking price of $260,000. This property was built in 1928 and has 3 bedrooms and 2 full baths with 1122 sq. ft. W 16th Street is located within the Covington Indep school district. Search Covington real estate on 775lorenzodrive.cutlerhomes.com today.

Property Features

Property Type: Residential - Single Family

Basement: Full Finished Bath, Partial, Walk-Out Access

Basement: Yes

Cooling: Central Air

Days on Market: 9

Fireplaces: 1

Garage: 3

Heating: Natural Gas, Forced Air

Home Style: Cape Cod

Lot Size: N/A

Roof Type: Shingle

Stories: 1.5

Year Built: 1928

Feature Descriptions

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

Exterior: Aluminum Siding

Fencing: Chain Link, Partial

Fireplace: Decorative, Inoperable

Fireplace Y/N: Yes

Foundation: Block

Home Warranty: Yes

Interior: Storage, Open Floorplan, Eat-in Kitchen, Attic Storage, Ceiling Fan(s), High Ceilings, Natural Woodwork, Recessed Lighting

Laundry: Electric Dryer Hookup, Gas Dryer Hookup, In Basement, Washer Hookup

Lot: Cleared, Near Public Transit

Lot Dimensions: N/A

Parking: Driveway, Off Street

Parking Total: 3

Patio/Porch: Covered, Patio, Porch

Property Condition: Existing Structure

Road Frontage: City Street

Road Surface: Paved

Rooms Total: 11

Security: Smoke Detector(s)

Sewer: Public Sewer

Special View Info: Neighborhood

Structures: Storage

Structure Type: House

Sub Type: Single Family Residence

Utilities: Natural Gas Available, Sewer Available, Water Available

Water: Public

Window: Insulated Windows, Slider Window(s)

Room Sizes

Living Room: 15.1 X 12.6 Level - First

Dining Room: 12.6 X 8.7 Level - First

Kitchen: 9.8 X 8.2 Level - First

Other Room: 11.4 X 9.8 Level - First

Primary Bedroom: 11.7 X 9.7 Level - First

Bedroom 2: 12.7 X 11.4 Level - Second

Bedroom 3: 11.5 X 9.8 Level - Second

Primary Bath: 6.5 X 7.7 Level - First

Bathroom 2: 6.9 X 6.2 Level - Basement

Office: 12.8 X 8.5 Level - Basement

Bonus Room: 11.1 X 9.1 Level - Basement

Local Schools

High School: Holmes Senior High

Middle School: Holmes Middle School

Elementary School: Glenn O. Swing Elementary

School District: Covington Indep

Market Trends

Kenton County Residential Market Trend Graphs

Zip Code 41014

Source: Delta Media Group, Inc.

Demographics

Kenton County Demographic Information for 507 W 16th Street, Covington, KY 41014

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

$ 1,411.12 per month $1,335.29 Principal & Interest $0.00 Property Tax (data not provided by mls) $75.83 Homeowner's Insurance

Change Payment Information

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507 W 16th StreetCovington, KY 41014