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.
Sold for $398,000
$398,000
721 Washington Ave, Newport, KY 41071
5beds
3,089sqft
Multi Family, Triplex
Built in 1901
-- sqft lot
$411,000 Zestimate®
$129/sqft
$1,884 Estimated rent
Home value
$411,000
$362,000 - $469,000
$1,884/mo
Zestimate® history
Owner options
List your home for rent
$1,884/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,884/mo
Rent Zestimate®
Refinance and save
$2,018/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$2,018/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Updated bathPrivate porchPrivate deck accessModern kitchenUpdated kitchensSeasonal viewsHardwood floors
Zillow last checked:
Listing updated:
Listed by:
Sara Foltz 513-377-1070,
Keller Williams Realty Services
Bought with:
Catherine McDermott, 273971
Add A Pad Realty
Source: NKMLS,MLS#: 637506
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Has Heating (Unspecified Type)
Cooling
- Central Air
Appliances
- Included: Electric Range, Dishwasher, Dryer, Refrigerator, Washer
- Laundry: In Basement
Features
- Windows: Vinyl Frames
- Basement: Partial
- Number of fireplaces: 1
- Fireplace features: Inoperable
Interior area
- Total structure area: 3,089
- Total interior livable area: 3,089 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Features
- Levels: Three Or More
- Stories: 3
- Patio & porch: Deck, Porch
- Exterior features: Balcony
Lot
- Size: 3,049 Square Feet
- Dimensions: 40 x 100
Details
- Parcel number: 9999901667.00
- Zoning description: Multi Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Triplex
Materials
- Brick
- Foundation: Stone
- Roof: Shingle
Condition
- Existing Structure
- New construction: No
- Year built: 1901
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Natural Gas Available, Sewer Available, Water Available
Community & HOA
Community
- Security: Smoke Detector(s)
Location
- Region: Newport
Financial & listing details
- Price per square foot: $129/sqft
- Tax assessed value: $450,000
- Annual tax amount: $1,733
- Date on market: 12/27/2025
- Cumulative days on market: 7 days
Price history
| Date | Event | Price |
|---|---|---|
| 12/3/2025 | Sold | $398,000+4.2%$129/sqft |
Source:  NKMLS #637506 Report a problem | ||
| 11/4/2025 | Pending sale | $381,900$124/sqft |
Source: NKMLS #637506 Report a problem | ||
| 10/27/2025 | Listed for sale | $381,900+118.2%$124/sqft |
Source: NKMLS #637506 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 2/26/2018 | Sold | $175,000+40%$57/sqft |
Source: Public Record Report a problem | ||
| 7/12/2016 | Sold | $125,000-20.4%$40/sqft |
Source: Public Record Report a problem | ||
| 6/15/2016 | Pending sale | $157,000$51/sqft |
Source: Owner Report a problem | ||
| 6/15/2016 | Listed for sale | $157,000$51/sqft |
Source: Owner Report a problem | ||
| 6/14/2016 | Pending sale | $157,000$51/sqft |
Source: Owner Report a problem | ||
| 6/7/2016 | Price change | $157,000-1.9%$51/sqft |
Source: Owner Report a problem | ||
| 6/1/2016 | Listed for sale | $160,000+28%$52/sqft |
Source: Owner Report a problem | ||
| 5/16/2005 | Sold | $125,000$40/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,733 +38.4% | $450,000 +42% |
| 2023 | $1,252 -2.5% | $316,900 |
| 2022 | $1,283 -2.9% | $316,900 |
| 2021 | $1,321 +150% | $316,900 +81.1% |
| 2018 | $529 -20.9% | $175,000 +40% |
| 2017 | $669 -79% | $125,000 -7.4% |
| 2016 | $3,179 | $135,000 |
| 2015 | $3,179 +333.5% | $135,000 |
| 2014 | $733 | $135,000 |
| 2013 | -- | $135,000 |
| 2012 | -- | $135,000 |
| 2011 | -- | $135,000 |
| 2010 | -- | $135,000 |
| 2009 | -- | $135,000 |
| 2008 | -- | $135,000 +8% |
| 2007 | -- | $125,000 |
| 2006 | -- | $125,000 +66.7% |
| 2005 | -- | $75,000 |
| 2004 | -- | $75,000 +36.4% |
| 2003 | -- | $55,000 |
| 2002 | $192 | $55,000 |
| 2001 | -- | $55,000 |
| 2000 | -- | $55,000 |
Find assessor info on the county website
Neighborhood: 41071
Nearby homes
- $--2 bd2 ba1.2k sqft721 Washington Ave APT 1, Newport, KY 41071Off Market
- $--1 bd1 ba920 sqft721 Washington Ave APT 3, Newport, KY 41071Off Market
- $--2 bd1 ba1.9k sqft721 Washington Ave APT 2, Newport, KY 41071Off Market
- $515,3004 bd3 ba2.6k sqft719 Washington Ave, Newport, KY 41071Off Market
- $328,8003 bd2 ba1.9k sqft717 Washington Ave, Newport, KY 41071Off Market
- $12,500-- bd-- ba-- sqftWeingartner Pl, Newport, KY 41071Off Market
- $3,000-- bd-- ba-- sqftWeingartner Pl, Newport, KY 41071Off Market
- $3,000-- bd-- ba-- sqftWeingartner Pl, Newport, KY 41071Off Market
Nearby schools
GreatSchools rating
- 3/10Newport Intermediate SchoolGrades: 3-6Distance: 0.4 mi
- 4/10Newport High SchoolGrades: 7-12Distance: 0.4 mi
- NANewport Primary SchoolGrades: PK-2Distance: 0.5 mi
Schools provided by the listing agent
- Elementary: Npt Primary Intermed
- 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
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$411,000
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
$411,000
- Kentucky
- Campbell County
- Newport
- 41071
- 721 Washington Ave
Nearby cities
Nearby zip codes
Other Newport Topics
