Listing provided courtesy of Keller Williams Realty Services- MLS# 637506 Sold by Add A Pad RealtyMLS Provider

721 Washington AvenueNewport, KY 41071

Multi-Family · 5 Beds · 4 Full Baths · 3,089 Sq. ft. | 0.07 Acres
$398,000 Sold
Sold on 12/3/2025

721 Washington Avenue Overview

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Capitalize on the strong rental market with this expertly maintained triplex in the historic East Row of Newport. Immediate cashflow! This property provides an excellent investment. Every unit is upgraded with individual Central AC & Furnace systems, hardwood floors, and updated kitchens. The desirable unit mix includes two large 2-bedroom units and one updated 1-bedroom unit, all with private entrances. The First Floor (2-Bed, 2-Bath) unit offers a contemporary kitchen and private porch. The Second Floor (2-Bed, 1-Bath) unit offers private deck access with seasonal views. The Third Floor (1-Bed, 1-Bath) unit features a modern kitchen and updated bath. Shared laundry on the lower level and readily available on-street parking complete this smart investment package.

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721 Washington Avenue Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,089
  • Price/Sq.ft. $129
  • Lot 0.07 Acres

Details

General

School Information

  • Elementary School: Npt Primary Intermed
  • Middle Or Junior School: Newport Intermediate
  • High School: Newport High

Building Information

  • New Construction: No
  • Security Features: Smoke Detector: true
  • Sewer: Public Sewer: true
  • Year Built: 1901

Location/Region

  • County Or Parish: Campbell
  • MLS Area Major: K14 - Newport
  • MLS Area Minor: K14 - Newport

Parking Information

  • Parking Features: On Street: true

Rent/Lease Information

  • Tenant Pays: Electricity

General Information

  • Parcel Number: 999-99-01-667.00
  • Property Condition: Existing Structure
  • Property Sub Type: Multi Family
  • Property Type: MultiFamily

Interior

Building Information

  • Cooling: Central Air: true

Beds/Baths

  • Bathrooms Full: 4
  • Bathrooms Half: 0
  • Bathrooms Total: 4
  • Bedrooms Total: 5

Building Interior

  • FloorPlansChangeTimestamp: 2025-10-27T13:39:45Z

General Information

  • Appliances: Electric Range, Dishwasher, Dryer, Refrigerator, Washer
  • Fireplace Features: Inoperable
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Foundation Details: Stone
  • Laundry Features: In Basement
  • Living Area: 3089.0
  • Living Area Units: Square Feet
  • Security Features: Smoke Detector(s)

Exterior

Parking Information

  • Parking Features: On Street

Lot Information

  • Lot Size Dimensions: 40x100
  • Lot Size Square Feet: 3093.0
  • Lot Size Units: Acres
  • Water Source: Public

Building Exterior/Construction

  • Attached Garage: No
  • Construction Materials: Brick
  • Patio And Porch Features: Deck, Porch
  • Roof: Shingle

General Information

  • Exterior Features: Balcony
  • Number Of Units Total: 3
  • Sewer: Public Sewer
  • Utilities: Cable Available, Natural Gas Available, Sewer Available, Water Available

721 Washington Avenue Neighborhood

Community

41071 (Newport) Demographics

38
Median Age
3,607
Population Density (per sq. mile)
41%
College Educated
$43,390
Estimated Median Income
5,023
Estimated Total Home Owners
4,589
Estimated Total Renters
52% / 48%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

721 Washington Avenue Market Data

Based on the last 30 days in this zip code

$509,215
Average List Price
$7
Average Price per Square Foot
25
Properties Sold
77
Average Days on Market
158
Properties for Sale
Calculations provided by Reliance Network

721 Washington Avenue History

Date Event Value Agent
12/5/2025Source: Northern Kentucky MLS Status Change
Sold
11/3/2025Source: Northern Kentucky MLS Status Change
Pending
10/27/2025Source: Northern Kentucky MLS Added to Database
October 27, 2025