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.
Sold for $2,500,000
$2,500,000
403 Riverside Dr, Covington, KY 41011
--beds
0baths
9,508sqft
Apartment, Multi Family
Built in ----
-- sqft lot
$2,508,800 Zestimate®
$263/sqft
$2,122 Estimated rent
Home value
$2,508,800
$2.38M - $2.63M
$2,122/mo
Zestimate® history
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List your homeWhat's special
Greek revival residence
Zillow last checked:
Listing updated:
Listed by:
Connie Greene 513-265-7819,
Robinson Sotheby's Int. Realty
Bought with:
Trina Rigdon, 221056
Comey & Shepherd, Inc
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: $13,250
- Date on market: 7/18/2026
- Cumulative days on market: 5 days
- Tenant pays: Gas
Price history
| Date | Event | Price |
|---|---|---|
| 6/22/2026 | Sold | $2,500,000$263/sqft |
Source:  NKMLS #641855 Report a problem | ||
| 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 |
|---|---|---|
| 2025 | $13,250 +0.8% | $1,000,000 |
| 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
Neighborhood: 41011
Nearby homes
- $1,010,0003 bd4 ba3.7k sqft420-422 Riverside Dr, Covington, KY 41011Sold
- $1,611,4004 bd2 ba4.9k sqft412-14 Riverside Dr, Covington, KY 41011Off Market
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- $1,475,0004 bd3 ba2.9k sqft416 Riverside Dr, Covington, KY 41011Sold
- $2,219,1004 bd5 ba6.2k sqft404 E 2nd St, Covington, KY 41011Off Market
- $3,639,6006 bd5 ba9.7k sqft412 E 2nd St, Covington, KY 41011Off Market
- $912,5002 bd3 ba2k sqft109 Shelby St, Covington, KY 41011Sold
- $977,0003 bd3 ba3.4k sqft321 Riverside Dr #201, COVINGTON, KY 41011Sold
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.
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Estimated market value
$2,508,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,508,800
- Kentucky
- Kenton County
- Covington
- 41011
- 403 Riverside Dr
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