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Sold for $450,000
  • $450,000

    531 Lexington Ave, Newport, KY 41071

    4beds
    2,298sqft
    Multi Family
    Built in 1890
    -- sqft lot
    $465,000 Zestimate®
    $196/sqft
    $1,664 Estimated rent

    Home value

    $465,000

    $405,000 - $535,000

    $1,664/mo

    Zestimate® history
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    What's special

    Beautiful 1890's two family located in the highly sought after Mansion Hill area. This historical home is equipped with laundry in both units, updated mechanicals, lighting and baths. Gorgeous kitchens and hardwood flooring throughout. Both units are vacant and perfect for an owner occupant to choose a unit to live in.

    Zillow last checked:

    Listing updated:

    Listed by:

    Stephanie Benedetti 859-393-1564,

    RE/MAX Victory + Affiliates

    Bought with:

    Joey Arbino, 280556

    Plum Tree Realty

    Source: NKMLS,MLS#: 635094MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Electric Oven, Gas Oven, Dishwasher, Dryer, Microwave, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • Windows: Wood Frames
    • Basement: Partial
    • Number of fireplaces: 2
    • Fireplace features: Decorative, Inoperable
    Interior area
    • Total structure area: 2,298
    • Total interior livable area: 2,298 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Features
    • Levels: Three Or More
    • Stories: 3
    • Patio & porch: Deck, Porch
    • Has view: Yes
    • View description: City
    Lot
    • Size: 3,049 Square Feet
    • Dimensions: 30 x 107
    Details
    • Parcel number: 9999901408.00
    • Zoning description: Multi Family

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Siding
    • Foundation: Stone
    • Roof: Composition,Shingle
    Condition
    • Existing Structure
    • New construction: No
    • Year built: 1890

    Utilities & green energy

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

    Community & HOA

    Location
    • Region: Newport

    Financial & listing details

    • Price per square foot: $196/sqft
    • Tax assessed value: $350,000
    • Annual tax amount: $1,348
    • Date on market: 10/22/2025
    • Cumulative days on market: 3 days
    • Tenant pays: Gas, Heat, Sewer, Water

    Price history

    DateEventPrice
    9/24/2025Sold$450,000-2.2%$196/sqft
    Source: NKMLS #635094 Report a problem
    8/9/2025Pending sale$459,900$200/sqft
    Source: NKMLS #635094 Report a problem
    8/7/2025Listed for sale$459,900+31.4%$200/sqft
    Source: NKMLS #635094 Report a problem
    6/20/2023Sold$350,000$152/sqft
    Source: NKMLS #613505 Report a problem
    5/13/2023Pending sale$350,000$152/sqft
    Source: NKMLS #613505 Report a problem
    5/11/2023Listed for sale$350,000+107.1%$152/sqft
    Source: NKMLS #613505 Report a problem
    1/30/2021Listing removed--
    Source: Owner Report a problem
    1/11/2019Listing removed$900
    Source: Owner Report a problem
    1/11/2019Listed for rent$900
    Source: Owner Report a problem
    11/16/2018Sold$169,000+141.4%$74/sqft
    Source: Public Record Report a problem
    7/11/2000Sold$70,000$30/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$1,348 +68.2%$350,000 +72.6%
    2023$801 -2.5%$202,800
    2022$821 -2.9%$202,800
    2021$846 +29.5%$202,800 +20%
    2018$653 -17.6%$169,000 +9.4%
    2017$793 -73.2%$154,500
    2016$2,959 $154,500
    2015$2,959 +327.5%$154,500
    2014$692 $154,500
    2013-- $154,500
    2012-- $154,500
    2011-- $154,500
    2010-- $154,500
    2009-- $154,500
    2008-- $154,500 +6.6%
    2007-- $145,000
    2006-- $145,000
    2005-- $145,000
    2004-- $145,000 +107.1%
    2003-- $70,000
    2002$244 $70,000
    2001-- $70,000 +41.4%
    2000-- $49,500
    Find assessor info on the county website

    Neighborhood: 41071

    Nearby schools

    GreatSchools rating
    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.

    Get a cash offer in 3 minutes
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    Estimated market value
    $465,000
    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
    $465,000