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$398,000
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Property Description
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.
Full Property Details
Full Property Details for 721 Washington Ave
General
- Sold For: $398,000
- Status: Closed
- Type: Multi-Family
- Source: Northern_Kentucky
- MLS ID: 637506
- Added to Site: 102 day(s) ago
Interior
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Inoperable
- Appliances: Electric Range, Dishwasher, Dryer, Refrigerator, Washer
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: In Basement
Additional Information
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: Balcony
- Porch/Patio/Deck: Deck, Porch
Parking
- Parking Features: On Street
Location
- County: Campbell
- Driving Directions: I471 S to 1st Newport exit on Third. Left on Washington to 721
School Information
- Elementary School: Npt Primary Intermed
- Middle School: Newport Intermediate
- High School: Newport High
Community
- Community Name: K14 - Newport
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Natural Gas Available, Sewer Available, Water Available
Structural Information
- # Buildings: 1
- Construction: Brick
- Basement Desc.: Partial
- Roof: Shingle
- Windows: Vinyl Frames
- Square Feet: 3,089
- Living Area: 3,089 Sq. Ft.
- Year Built: 1901
- Property Condition: Existing Structure
Lot Features
- Lot Size (Acres): 0.07
- Lot Size (Sq. Ft.): 3,093
- Lot Size: .07
- Lot Dimensions: 40 x 100
- Zoning: Multi Family
Disclosures and Reports
- Property ID: 999-99-01-667.00
Listed by Keller Williams Realty Services, Sara Foltz
Sold by Add A Pad Realty, Catherine McDermott
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Schools
Schools serving 721 Washington Ave
School District:Newport Independent School District
| Name | Grades | Distance |
|---|---|---|
Newport Intermediate School 95 West 9th Street, Newport, KY 41071 | 3-6 | 0.4 mi |
Newport Primary School 1102 York Street, Newport, KY 41071 | PK-2 | 0.5 mi |
Newport High School 900 East 6th Street, Newport, KY 41071 | 7-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 721 Washington Ave
Date
Details
Price
Change
Source
12/03/2025
Sold
$398,000
4.22%
MLS
10/27/2025
Listed
$381,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
721 Washington Avenue, Newport, KY 41071 (MLS# 637506) is a Multi-Family property that was sold at $398,000 on December 03, 2025. Want to learn more about 721 Washington Avenue? Do you have questions about finding other Multi-Family real estate for sale in Newport? You can browse all Newport real estate or contact a Coldwell Banker agent to request more information.

