Two-family investment opportunity in Newport offering solid current income with potential to increase rents through improvements. Conveniently located with easy access to downtown, highways, and local attractions. Features spacious apartments and updated electric. Unit 1 rents for $435/month and Unit 2 for $750/month. Both units are on month-to-month leases. Selling as is!
Sold for $130,000
$130,000
1115 Patterson St, Fort Thomas, KY 41071
2beds
1,841sqft
Multi Family, Apartment
Built in 1907
-- sqft lot
$163,000 Zestimate®
$71/sqft
$1,647 Estimated rent
Home value
$163,000
$155,000 - $171,000
$1,647/mo
Zestimate® history
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$843/mo
Est. payment
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Est. payment
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Updated electricSpacious apartments
Zillow last checked:
Listing updated:
Listed by:
Stephanie Peluso-Steffen 513-617-3172,
Horan Rosenhagen Real Estate
Bought with:
A to Z Team
exp Realty, LLC
Source: NKMLS,MLS#: 639387
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air
Cooling
- Window Unit(s)
Appliances
- Included: Gas Range, Refrigerator
Features
- Windows: Wood Frames
- Basement: Full
Interior area
- Total structure area: 1,841
- Total interior livable area: 1,841 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 1,742 sqft
- Dimensions: 50 x 35
Details
- Parcel number: 9999902637.00
- Zoning description: Multi Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Brick
- Foundation: Stone
- Roof: Shingle
Condition
- New construction: No
- Year built: 1907
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Natural Gas Available
Community & neighborhood
Location
- Region: Fort Thomas
Price history
| Date | Event | Price |
|---|---|---|
| 3/6/2026 | Sold | $130,000-21.2%$71/sqft |
Source:  NKMLS #639387 Report a problem | ||
| 1/27/2026 | Pending sale | $165,000$90/sqft |
Source: NKMLS #639387 Report a problem | ||
| 1/21/2026 | Listed for sale | $165,000$90/sqft |
Source: NKMLS #639387 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $464 +49.2% | $120,500 +53.1% |
| 2023 | $311 -2.5% | $78,700 |
| 2022 | $319 -2.9% | $78,700 |
| 2021 | $328 +33.1% | $78,700 +35% |
| 2018 | $246 -36.2% | $58,300 |
| 2017 | $386 -75% | $58,300 |
| 2016 | $1,548 | $58,300 |
| 2015 | $1,548 +370.6% | $58,300 |
| 2014 | $329 | $58,300 |
| 2013 | -- | $58,300 |
| 2012 | -- | $58,300 -32.8% |
| 2011 | -- | $86,700 |
| 2010 | -- | $86,700 |
| 2009 | -- | $86,700 |
| 2008 | -- | $86,700 |
| 2007 | -- | $86,700 |
| 2006 | -- | $86,700 |
| 2005 | -- | $86,700 |
| 2004 | -- | $86,700 +114.1% |
| 2003 | -- | $40,500 |
| 2002 | $141 | $40,500 |
| 2001 | -- | $40,500 |
| 2000 | -- | $40,500 |
Find assessor info on the county website
Neighborhood: 41071
Nearby schools
GreatSchools rating
- NANewport Primary SchoolGrades: PK-2Distance: 0.3 mi
- 4/10Newport High SchoolGrades: 7-12Distance: 1.1 mi
- 3/10Newport Intermediate SchoolGrades: 3-6Distance: 0.4 mi
Schools provided by the listing agent
- Elementary: Newport Elementary
- Middle: Newport Intermediate
- High: Newport 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
$163,000
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
$163,000
- Kentucky
- Campbell County
- Newport
- 41071
- 1115 Patterson St
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