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    150 Newland St Hazard, KY 41701

    For Sale
    $250,000

    Commercial - Hazard, KY

    Property size:
    2,750 SF
    Lot size:
    0.23 Acres
    Days on Market:
    76
    Last Refresh:
    Dec 6 at 6:06 pm

    Property Features for 150 Newland St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Mixed
    Parking features
    Off Street
    Size
    2,750 SF
    Lot size
    0.23 Acres

    Utilities

    Cooling system
    Multi Units, Wall Unit(s)

    Building Details

    Year built
    1979
    Flooring type
    Tile
    Building materials
    Block, Brick
    Roof type
    Metal
    Architectural style
    Other

    Moore Real Estate (606) 439-1971

    Listing agent Lawrence D. Gorman (606) 439-1971

    Listing date Sep 22, 2025

    MLS# 126581 Listing URL

    Copyright © 2025 Eastern Kentucky Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fully Occupied Hazard Multi-Unit Property

    Located in Hazard, Kentucky, 150 Newland St is a fully occupied, four-unit apartment property. The property is currently rented, providing immediate cash flow. The property is situated on a 0.23-acre lot. The building has a size of 2,750 square feet. This property is located near local amenities. The zoning is mixed. This property presents an opportunity for investors looking to add to their rental portfolio or start their investment journey.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hazard
    County
    Perry
    State
    Kentucky
    Longitude
    -83.1930121
    Latitude
    37.2536789

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    FAQs

    What type of property is this?
    Quadplex - Four-unit apartment property in Hazard, Kentucky, fully occupied and generating income.
    Where is this quadplex located?
    The property is located at 150 Newland St Hazard, KY.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: - Fully occupied 4-unit apartment property providing immediate cash flow from existing tenants.; - Ideal for rental portfolio expansion or starting an investment journey.; - Convenient location in the heart of Hazard near local amenities.
    (606) 439-1971
    Request Owner's contact information
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    Hazard, KY 41701
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    150 Newland St Hazard, KY 41701
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