Sold for $280,000

$280,000

1111 Waterworks Rd, Newport, KY 41071

4beds

2,602sqft

Multi Family, Duplex

Built in 1927

-- sqft lot

$309,800 Zestimate^®

$108/sqft

$1,824 Estimated rent

Home value

$309,800

$294,000 - $328,000

$1,824/mo

Zestimate^® history

Owner options

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$1,824/mo

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$1,824/mo

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$1,762/mo

Est. payment

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$1,762/mo

Est. payment

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What's special

Painted exteriorFully equipped kitchens

Amazing 2 family-great cash flow! Unit #1 (3 bed) gets $1600, Unit # 2 (1 bed) gets $900. Both units have fully equipped kitchens (refrigerator, oven/range and dishwasher) plus each have one bath. There is an additional bath in basement. All appliances including washers & dryers in basement stay. The first floor unit also has a built-in microwave. The second level unit has a fantastic porch for the warm months. The improvements the present owner have made are: furnaces, roof, water heaters, painted exterior & interior, plus screens & storms. Smoke detectors & carbon monoxide detectors in both units. Flood insurance is required unless there is no mortgage. Buyer agrees to cooperate with seller's 1031 exchange process as needed. Sellers will look at all offers on Friday (1/12) at 7:30 PM, although they reserve the right to accept an offer prior to that time. Please bring your HIGHEST & BEST offers by Friday (1/12) prior to 7:30PM.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 1
Full bathrooms: 1

Heating

Forced Air, Individual

Cooling

Central Air

Appliances

Included: See Remarks, Gas Range, Gas Oven, Dishwasher, Dryer, Microwave, Refrigerator, Washer
Laundry: In Basement

Features

Windows: Picture Window(s), Storm Window(s), Wood Frames
Basement: Full

Interior area

Total structure area: 2,602
Total interior livable area: 2,602 sqft

Property

Parking

Parking features: Parking Lot, Driveway, Garage, Garage Faces Rear, Off Street
Has garage: Yes
Has uncovered spaces: Yes

Features

Levels: Two
Stories: 2
Patio & porch: Porch
Exterior features: Balcony
Has view: Yes
View description: Trees/Woods

Lot

Size: 5,227 Square Feet
Dimensions: 40.59 x 126
Features: Wooded

Details

Parcel number: 9999905854.00
Zoning description: Multi Family

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family, Duplex

Materials

Stucco, Vinyl Siding
Foundation: Block
Roof: Composition,Shingle

Condition

Existing Structure
New construction: No
Year built: 1927

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Natural Gas Available

Community & HOA

Community

Security: Smoke Detector(s)

Location

Region: Newport

Financial & listing details

Price per square foot: $108/sqft
Tax assessed value: $199,500
Annual tax amount: $768
Date on market: 10/18/2025
Cumulative days on market: 3 days
Tenant pays: Gas, Heat

Price history

Date	Event	Price
1/31/2024	Sold	$280,000+7.7%$108/sqft
Source: NKMLS #619629 Report a problem
1/13/2024	Pending sale	$259,900$100/sqft
Source: NKMLS #619629 Report a problem
1/9/2024	Listed for sale	$259,900+182.5%$100/sqft
Source: NKMLS #619629 Report a problem
10/29/2014	Sold	$92,000-7.1%$35/sqft
Source: Agent Provided Report a problem
8/12/2014	Listed for sale	$99,000+29.4%$38/sqft
Source: Keller Williams Realty Services #434637 Report a problem
9/28/2001	Sold	$76,500$29/sqft
Source: Public Record Report a problem
6/15/1998	Sold	$76,500$29/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$768 +36.8%	$199,500 +40.4%
2023	$561 -2.5%	$142,100
2022	$576 -2.9%	$142,100
2021	$593 +52.3%	$142,100 +54.5%
2018	$389 -26.5%	$92,000
2017	$529 -75.1%	$92,000
2016	$2,123	$92,000
2015	$2,123 +346.7%	$92,000 -21.7%
2014	$475	$117,500
2013	--	$117,500
2012	--	$117,500
2011	--	$117,500
2010	--	$117,500
2009	--	$117,500
2008	--	$117,500 +30.7%
2007	--	$89,900
2006	--	$89,900
2005	--	$89,900
2004	--	$89,900 +17.5%
2003	--	$76,500
2002	$266	$76,500
2001	--	$76,500
2000	--	$76,500