Public Remarks: 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.
CondoProperty Type
0.44 acresLot Size
$263Price/Sq.Ft.
1 spaceParking
Listed by Connie Greene• Robinson Sotheby's Int. Realty
The chance of a lifetime!Currently 9 total units (including both carriage houses)on the Covington Riverfront. The real opportunity lies in the renovation of this property to create a true urban estate. Consider the possibilities of this stately home built by Covington's first settlers. Property does fall within a Historic Preservation Overlay.
Appliances: Washer/Dryer Stacked, Electric Range, Dishwasher, Dryer, Microwave, Refrigerator
Has Fireplace
Room Information
Basement: Full
Exterior
Building Information
# Of Units Total: 9
Levels: Tri-Level
Structure Type: Apartment
Construction Materials: Brick
Exterior Features
Patio And Porch Features: Covered, Porch
Wood Frames
Private Yard, Balcony
Shingle
Property Type
Apartment
Property Features
Property Condition: Existing Structure
Has View
Property Information
Property Type: MultiFamily
Land Information
Foundation Details: Stone
Lot Information
Lot Size Units: Acres
Lot Size Sq. Ft.: 19,095
Lot Size Dimensions: 143x134
Lot Size Area: 0.44
Lot Size Acres: 0.44
Lot Features: Corner Lot, Waterfront
Utilities
Utility Information
Water Source: Public
Sewer: Public Sewer
Utilities: Cable Available, Natural Gas Available, Sewer Available
Location
School Information
Middle Or Junior School: Holmes Middle School
Elementary School: John G. Carlisle Elementary
High School District: Covington Indep
High School: Holmes Senior High
Location Information
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.
Public facts
Beds: —
Baths: 5.0
Sq. Ft.: 9,508
Stories: 2.5
Lot Size: 0.44 acres
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Kenton County
APN: 054-14-18-001.00
Home facts updated by county records on Aug 31, 2026
Around this home
Schools
John G Carlisle Elementary School
Public K-5 • Assigned • 0.9mi
7/10
Holmes Middle School
Public 6-8 • Assigned • 2.1mi
3/10
Holmes High School
Public 9-12 • Assigned • 2.1mi
1/10
Provided by GreatSchools
Climate risks
9/10 Flood Factor
Estimated 75-83% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 103° expected this year, 19 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Covington, KY • 41011
Average low and high temperatures (°F)
34
19
44
27
62
40
70
49
72
54
84
66
89
71
83
65
82
61
70
49
54
40
43
29
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
89/ 100
Very good sunlight
Sunscore
This home ranks in the top 17% for direct sun exposure in Covington. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.