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.
Pending
$2,500,000
403 Riverside Dr, Covington, KY 41011
--beds
0baths
9,508sqft
Est.:
Apartment, Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$263/sqft
$-- HOA
What's special
Greek revival residence
- 7 days |
- 225 |
- 6 |
Zillow last checked:
Listing updated:
Listed by:
Connie Greene 513-265-7819,
Robinson Sotheby's Int. Realty
Source: NKMLS,MLS#: 641855
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Washer/Dryer Stacked, Electric Range, Dishwasher, Dryer, Microwave, Refrigerator
- Laundry: In Basement, Coin Laundry
Features
- Kitchen Island, Granite Counters, Entrance Foyer, Double Vanity, Chandelier, Bookcases
- Windows: Wood Frames
- Basement: Full
- Number of fireplaces: 9
Interior area
- Total structure area: 9,508
- Total interior livable area: 9,508 sqft
Property
Parking
- Parking features: Off Street, On Street
- Has uncovered spaces: Yes
Features
- Levels: Tri-Level
- Patio & porch: Covered, Porch
- Exterior features: Private Yard, Balcony
- Has view: Yes
- View description: City, Neighborhood, River, Skyline
- Has water view: Yes
- Water view: River
- Waterfront features: Waterfront
Lot
- Size: 0.44 Acres
- Dimensions: 143 x 134
- Features: Corner Lot
Details
- Parcel number: 0541418001.00
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment, Multi Family
Materials
- Brick
- Foundation: Stone
- Roof: Shingle
Condition
- Existing Structure
- New construction: No
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Natural Gas Available, Sewer Available
Community & HOA
Location
- Region: Covington
Financial & listing details
- Price per square foot: $263/sqft
- Tax assessed value: $1,000,000
- Annual tax amount: $13,150
- Date on market: 5/1/2026
- Cumulative days on market: 8 days
- Tenant pays: Gas
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/28/2026 | Pending sale | $2,500,000$263/sqft |
Source:  NKMLS #641855 Report a problem | ||
| 4/23/2026 | Listed for sale | $2,500,000$263/sqft |
Source: NKMLS #641855 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $13,150 -1.3% | $1,000,000 |
| 2023 | $13,320 +0.8% | $1,000,000 |
| 2022 | $13,210 -13.4% | $1,000,000 |
| 2021 | $15,255 -18.8% | $1,000,000 |
| 2020 | $18,786 | $1,000,000 |
| 2019 | $18,786 +18.4% | $1,000,000 |
| 2018 | $15,868 | $1,000,000 |
| 2017 | $15,868 -15.2% | $1,000,000 |
| 2015 | $18,713 +2.7% | $1,000,000 |
| 2014 | $18,229 | $1,000,000 +60% |
| 2011 | -- | $625,000 +13.6% |
| 2010 | -- | $550,000 |
| 2009 | -- | $550,000 |
| 2008 | -- | $550,000 |
| 2007 | -- | $550,000 |
| 2006 | -- | $550,000 +5.7% |
| 2005 | -- | $520,400 |
| 2004 | -- | $520,400 |
| 2003 | -- | $520,400 |
| 2002 | -- | $520,400 |
| 2001 | -- | $520,400 |
| 2000 | -- | $520,400 |
Find assessor info on the county website
Monthly payment
Est. payment
$14,913/mo
Principal & interest
$12892
Property taxes
$2021
More affordability tools
Climate risks
Neighborhood: 41011
Nearby schools
GreatSchools rating
- 7/10John G Carlisle Elementary SchoolGrades: K-5Distance: 0.9 mi
- 3/10Holmes Middle SchoolGrades: 6-8Distance: 2.1 mi
- 1/10Holmes High SchoolGrades: 9-12Distance: 2.1 mi
Schools provided by the listing agent
- Elementary: John G. Carlisle Elementary
- Middle: Holmes Middle School
- High: Holmes Senior High
Source: NKMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Kentucky
- Kenton County
- Covington
- 41011
- 403 Riverside Dr
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