Apartment Building

Newport, KY Apartment Buildings for Sale

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Corner Retail with Residential Units
Updated: May 15
Corner Retail with Residential Units

1101 Isabella St, Newport, KY 41071

$599,000
3,930 sqft
Historic corner property with mixed‑use setup: rented storefront plus apartments
Includes a storefront currently rented for a business
Residential mix includes one 2‑bedroom apartment and three studio units
Entire property is fully rented and generating income
Commercial and residential units combine for an income‑producing, mixed‑use structure
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48-Unit Apartment Building
Updated: Sep 30
48-Unit Apartment Building

3520 Alexandria Pike, Newport, KY 41076

Contact for pricing
77,338 sqft 2.00 AC lot
48 apartment units in a six‑story building with a basement
77,338 SF on 1.997 acres
Two‑bedroom, two‑bath unit layouts averaging 881 SF
R‑3 zoning permits multifamily use by right
Ceiling‑mounted mini‑split HVAC and 3,500‑amp three‑phase electrical service
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Newport, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

7-Unit Apartment Building
7-Unit Apartment Building

300 Berry Ave, Bellevue, KY 41073

$800,000

Historic multifamily property offering six one-bedroom apartments and one studio near Bellevue’s shops, dining, and entertainment.

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Renovated 7-Unit Apartment Building
Renovated 7-Unit Apartment Building

1261 Ida Street, Cincinnati, OH 45202

$950,000

Seven renovated apartments feature individual forced-air furnaces, central air, and access to porches or balconies.

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Six-Unit Apartment Building
Six-Unit Apartment Building

716 Lewis Street, Covington, KY 41011

$460,000

Rented multifamily property with off-street parking and select unit updates near Interstate 75.

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Land with City/River Views
Land with City/River Views

1112 Fuller Street, Cincinnati, OH 45202

$900,000
0.10 AC lot

Double flat lot with a four-unit building in Cincinnati.

View details

Newport, KY Apartment Buildings Market Trends and Statistics

Explore 2 apartment buildings for sale in Newport, KY on our real estate platform. These investment opportunities span a total of 81,268 square feet of properties for sale, with an estimated market value of $599,000.

Sale prices for two-family homes in Newport, KY average $599,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 66K
Population Growth (5Y) +0.2%
Median Household Income $73,960
College Educated 39.9%

High-Yield Neighborhoods for Investment

Identify Newport submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
41071 $599K

Taxes & Financing

Tax Rate (average for all types) 0.85%
Property Tax per SF $9.42 per SF
Tax Rate vs County Average 0.10 pp below county avg
Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Newport fall within the 100,000+ square foot range.

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