Motivated seller offering a rare opportunity in the heart of Ludlow with a 20K price reduction! 401-403 Elm St is a classic corner property offering both retail and residential possibilities with exceptional visibility and flexibility. This two-story mixed-use building spans over 5,500 square feet and sits on a 0.11-acre lot in a thriving, walkable neighborhood just minutes from downtown Cincinnati. Includes Bonus Building with Separate Utilities.
Details
MLS #
639087
Listing Type
For Sale
Style
Mixed Use
Sub-Type
Resale
Status
Pending
Year
1900
Days On Site
247
Listing Provided By
eXp Realty, LLC | Caldwell Group
Features
SQ Feet
5,556
Basement
Y
Story(s)
2
Building(s)
2
Zoning
Non Conform
Acreage
0.11
Area Information
State
KY
County
Kenton
City
Covington
Zip Code
41016
Area
K02 Bromley | Ludlow Area
Subarea
Bromley | Ludlow Area
Listing VS Median (in 41016)
Price: $319,500
low | high
Med: $272,450
64.72613458529% of Average
sqft: 5,556
low | high
Med: 1,540
100% of Average
$ / sqft: $58
low | high
Med: $177
100% of Average
On site: 247
low | high
Med: 63.5
100% of Average
Sourced by Back At You
Market Activity 41016
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Jul 2026
Sales: 7
Avg $ Per SqFt: $191.52
Min Sale Price: $180,000
Max Sale Price: $286,000
Med Sale Price: $205,000
Date: Jun 2026
Sales: 7
Avg $ Per SqFt: $139.69
Min Sale Price: $105,000
Max Sale Price: $585,000
Med Sale Price: $232,500
Date: May 2026
Sales: 10
Avg $ Per SqFt: $128.63
Min Sale Price: $45,000
Max Sale Price: $330,000
Med Sale Price: $187,500
Date: Apr 2026
Sales: 12
Avg $ Per SqFt: $160.63
Min Sale Price: $25,400
Max Sale Price: $359,900
Med Sale Price: $277,000
Date: Mar 2026
Sales: 6
Avg $ Per SqFt: $202.94
Min Sale Price: $48,000
Max Sale Price: $1,023,246
Med Sale Price: $250,950
Date: Feb 2026
Sales: 14
Avg $ Per SqFt: $160.95
Min Sale Price: $40,000
Max Sale Price: $495,000
Med Sale Price: $259,900
Date: Jan 2026
Sales: 16
Avg $ Per SqFt: $181.24
Min Sale Price: $65,000
Max Sale Price: $696,000
Med Sale Price: $229,500
Date: Dec 2025
Sales: 17
Avg $ Per SqFt: $159.62
Min Sale Price: $45,500
Max Sale Price: $325,000
Med Sale Price: $213,500
Date: Nov 2025
Sales: 10
Avg $ Per SqFt: $101.05
Min Sale Price: $2,300
Max Sale Price: $260,000
Med Sale Price: $157,450
Date: Oct 2025
Sales: 8
Avg $ Per SqFt: $158.68
Min Sale Price: $15,000
Max Sale Price: $250,000
Med Sale Price: $193,250
Date: Sep 2025
Sales: 4
Avg $ Per SqFt: $176.29
Min Sale Price: $45,000
Max Sale Price: $338,000
Med Sale Price: $147,491
Sourced by Back At You
Jul 2026
Sales:
7
Avg $ Per SqFt:
$191.52
Min Sale Price:
$180,000
Max Sale Price:
$286,000
Med Sale Price:
$205,000
Jun 2026
Sales:
7
Avg $ Per SqFt:
$139.69
Min Sale Price:
$105,000
Max Sale Price:
$585,000
Med Sale Price:
$232,500
May 2026
Sales:
10
Avg $ Per SqFt:
$128.63
Min Sale Price:
$45,000
Max Sale Price:
$330,000
Med Sale Price:
$187,500
Apr 2026
Sales:
12
Avg $ Per SqFt:
$160.63
Min Sale Price:
$25,400
Max Sale Price:
$359,900
Med Sale Price:
$277,000
Mar 2026
Sales:
6
Avg $ Per SqFt:
$202.94
Min Sale Price:
$48,000
Max Sale Price:
$1,023,246
Med Sale Price:
$250,950
Feb 2026
Sales:
14
Avg $ Per SqFt:
$160.95
Min Sale Price:
$40,000
Max Sale Price:
$495,000
Med Sale Price:
$259,900
Jan 2026
Sales:
16
Avg $ Per SqFt:
$181.24
Min Sale Price:
$65,000
Max Sale Price:
$696,000
Med Sale Price:
$229,500
Dec 2025
Sales:
17
Avg $ Per SqFt:
$159.62
Min Sale Price:
$45,500
Max Sale Price:
$325,000
Med Sale Price:
$213,500
Nov 2025
Sales:
10
Avg $ Per SqFt:
$101.05
Min Sale Price:
$2,300
Max Sale Price:
$260,000
Med Sale Price:
$157,450
Oct 2025
Sales:
8
Avg $ Per SqFt:
$158.68
Min Sale Price:
$15,000
Max Sale Price:
$250,000
Med Sale Price:
$193,250
Sep 2025
Sales:
4
Avg $ Per SqFt:
$176.29
Min Sale Price:
$45,000
Max Sale Price:
$338,000
Med Sale Price:
$147,491
MLS Number: 639087
Caldwell Group – (859) 780-5511 – showings@caldwellrg.com
The information is being provided by Northern Kentucky MLS. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 Northern Kentucky MLS. All Rights Reserved.
MLS Number: 639087
Caldwell Group – (859) 780-5511 – showings@caldwellrg.com