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    612 Monroe St Newport, KY 41071

    New
    For Sale
    $699,000

    MULTI_FAMILY - Newport, KY

    Type:Apartment
    Property size:
    3,787 SF
    Lot size:
    0.08 Acres
    Days on Market:
    6
    Last Refresh:
    Dec 7 at 2:06 am

    Property Features for 612 Monroe St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Apartment
    Standard status
    Active
    Window features
    Vinyl Frames, Wood Frames
    Rooms
    Basement
    APN
    999-99-00-883.00
    Parking features
    On Street
    Basement
    Full
    Appliances
    Electric Range, Electric Oven, Stainless Steel Appliance(s), Gas Range, Gas Oven, Dishwasher, Dryer, Refrigerator, Tankless Water Heater, Washer
    Size
    3,787 SF
    Lot size
    0.08 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Baseboard, Forced Air
    Cooling system
    Central Air, Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1886
    Floors in Building
    3
    Number of units
    6
    Building materials
    Brick
    Roof type
    Shingle, Membrane

    Comey & Shepherd, REALTORS

    Listing agent Dennis Hutchinson (859) 415-2556 License #222036

    Listing date Dec 2, 2025

    MLS# 637828 Listing URL

    Copyright © 2025 Northern Kentucky MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Newport Multifamily Investment Opportunity

    This multifamily property, located in Newport's East Row Historic District, presents a promising investment opportunity. The six-unit building generates $6500 per month in rents. The unit mix includes three 2-bedroom units, two 1-bedroom units, and a studio. Many of the units feature updated kitchens and bathrooms. One unit includes a private patio. Onsite laundry facilities are available. The property's location offers convenient access to local amenities, being within a 5-minute walk to Pompilios, Newberry Bros Coffee & Prohibition Bourbon Bar, and O'Bryon's Bar & Grill. It is also approximately half a mile from Newport on the Levee and the Monmouth Street Historic District. The building was inspected by 1st Inspection Services, and the report is available. The lot size is 0.08 acres, and the building size is 3787 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Newport
    County
    Campbell
    State
    Kentucky
    Longitude
    -84.488771
    Latitude
    39.093684

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    FAQs

    What type of property is this?
    Apartment building - Six-unit building in Newport's East Row Historic District.
    Where is this apartment building located?
    The property is located at 612 Monroe St Newport, KY.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: - Six-unit building generating $6500/mo in rents; - Located in Newport's East Row Historic District; - Convenient location: Enjoy a 5 minute walk to popular restaurants and bars, half mile from Newport on the Levee and Monmouth Street Historic District
    (859) 415-2556
    Request Owner's contact information
    612 Monroe St Newport, KY 41071
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    Newport, KY 41071
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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
    612 Monroe St Newport, KY 41071
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