403 Riverside Drive

Covington, KY 41011

$2,500,000
Price
—
Beds
—
Baths
9,508 Sq. Ft.
$263 / Sq. Ft.
9,508
Sq. Ft.
$263
per Sq. Ft.
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Pending
Pending

Description

Introducing the Banning House at 403 Riverside Drive--an extraordinary and rare riverfront offering along Covington's Historic Riverside Drive and Licking River corridors. Rich in heritage, this Greek Revival residence dates to before 1860, once home to David and Jeremiah Banning, and now presents a compelling opportunity to shape a truly iconic asset. Currently configured as seven apartments with two coach houses, the property offers remarkable flexibility for visionary redevelopment. Envision a...Introducing the Banning House at 403 Riverside Drive--an extraordinary and rare riverfront offering along Covington's Historic Riverside Drive and Licking River corridors. Rich in heritage, this Greek Revival residence dates to before 1860, once home to David and Jeremiah Banning, and now presents a compelling opportunity to shape a truly iconic asset. Currently configured as seven apartments with two coach houses, the property offers remarkable flexibility for visionary redevelopment. Envision a grand single-family urban estate, an elegant duplex, or a refined boutique multifamily residence--each possibility capitalizing on its architectural character and prime setting. Perfectly positioned directly across from the Cincinnati skyline, residents will enjoy seamless access to premier dining, entertainment, riverfront recreation, and key employment centers. Walkability and proximity to the Ohio River further elevate its lifestyle appeal. A distinctive and tightly held opportunity, the Banning House represents a rare chance to reimagine a historic riverfront presence along Covington's coveted Gold Coast--where legacy, location, and potential converge. See attached documents.
  1. Listed by Connie Greene • Robinson Sotheby's Int. Realty
    P: (513)-265-7819 C: (513)-265-7819 Connie.Greene@SothebysRealty.com

Property Details for 403 Riverside Drive

Has View
Yes
View
Skyline, Neighborhood, River, City
LISTING UPDATED: 05/26/2026 01:33 PM

Property Details for 403 Riverside Drive

StatusPending
MLS #641855
Days on Market5
Pet Policy-
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family / Apartment
Year Built-
CountyKenton County
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Location

Listing Courtesy of Robinson Sotheby's Int. Realty
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Building Information for 403 Riverside Drive

Building/Complex403 Riverside DrFloor-Stories-Residences9Pet Policy-Pet Policy Details-Year Built-Building Size-

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$13,562 per month

30 year fixed, 6.36% Interest

Principal and Interest

$12,458

Property Taxes

$1,104

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 403 Riverside Drive

Summary
Location and General Information
  • Longitude: -84.505099
  • Latitude: 39.091172
  • Directions: Property is on the Covington Riverfront, east of the Suspension Bridge. There is pay parking on the street, or limited parking in the rear of the property via an alley, between the two coach houses.
  • MLSArea Major: K01 - Covington North
  • MLSArea Minor: K01 - Covington North
  • Year Built Known: No
  • SIC: CO - Covington
Taxes and HOA
  • Parcel Number: 054-14-18-001.00
  • Tax Rate: 15.92
Distance To
  • Distance To Bus Comments: 1 Block
School Information
  • High School District: Covington Indep
  • Elementary School: John G. Carlisle Elementary
  • Middle Or Junior School: Holmes Middle School
  • High School: Holmes Senior High
Parking
  • Parking Features: On Street, Off Street, Private
  • Attached Garage: No
Property
Lot Information
  • Lot Size Units: Acres
  • Lot Size Square Feet: 19095.0
  • Lot Features: Corner Lot, Waterfront, Near Public Transit
  • Lot Size Acres: 0.4384
  • Lot Size Dimensions: 143x134
  • Lot Size Area: 0.44
Property and Assessments
  • New Construction: No
  • Property Condition: Existing Structure
  • Living Area: 9508.0
  • Living Area Source: Assessor
Building Features
  • Number Of Buildings: 3
  • Structure Type: Apartment
  • Foundation Details: Stone
  • Construction Materials: Brick
Utilities
  • Utilities: Cable Available, Natural Gas Available, Sewer Available
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Washer/Dryer Stacked, Electric Range
  • Cooling: Central Air
  • Fireplaces Total: 9
  • Fireplace: Yes
  • Window Features: Wood Frames
  • Has Heating: Yes
  • Has Cooling: Yes
  • Basement: Full
  • Interior Features: Bookcases, Chandelier, Double Vanity, Entrance Foyer, Granite Counters, Kitchen Island
  • Laundry Features: Coin Laundry, In Basement
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Coin Laundry, In Basement
Exterior Features
  • Exterior Features: Balcony, Private Yard
  • Patio And Porch Features: Covered, Porch
  • Roof: Shingle
Multi Family
Multi Family Information
  • Number Of Units Total: 9
  • Unit Type: 4 Bedroom Or More
Rental
Rent Information
  • Tenant Pays: Electricity, Gas
  • Owner Pays: Water, Sewer

Property History for 403 Riverside Drive

DateEvent & SourcePriceAppreciation
Apr 28, 2026

Contract Signed

Northern Kentucky Multiple Listing Service #641855

—
Apr 23, 2026

Listed (Active)

Northern Kentucky Multiple Listing Service #641855

$2,500,000—
Mar 30, 2012

Sold

Northern Kentucky Multiple Listing Service #396228

$800,000—
DateEvent & SourcePrice
04/28/2026

Contract Signed

Northern Kentucky Multiple Listing Service #641855

—
04/23/2026

Listed (Active)

Northern Kentucky Multiple Listing Service #641855

$2,500,000
03/30/2012

Sold

Northern Kentucky Multiple Listing Service #396228

$800,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 403 Riverside Drive

Taxable ValueLand$330,000Additions$670,000Total$1,000,000
Tax Record2025$13,250 ($1,104 / month)
Home Facts
Baths5Total Finished SqFt9,508 SqFtAbove Grade Finished SqFt9,508 SqFtStories3Lot Size19,095 SqFtStyleMiscellaneousCountyKENTONAPN054-14-18-001.00

Schools near 403 Riverside Drive

This home is within Covington Independent.
Rating
School
Type
Grades
Distance
John G Carlisle Elementary School
Public - K to 5
Transformational Learning Center
Public - K to 12
Holmes High School
Public - 9 to 12
Sixth District Elementary School
Public - K to 5
Rating
School
Distance
John G Carlisle Elementary School
PublicK to 5

Transformational Learning Center
PublicK to 12

Holmes High School
Public9 to 12

Sixth District Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Robinson Sotheby's Int. Realty

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 Compass and its related brokerages 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.