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    945 Washington Ave Newport, KY 41071

    Pending
    For Sale
    $272,900

    MULTI_FAMILY - Newport, KY

    Property size:
    2,573 SF
    Lot size:
    0.06 Acres
    Days on Market:
    35
    Last Refresh:
    Dec 7 at 4:06 pm

    Property Features for 945 Washington Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Window features
    Vinyl Frames, Wood Frames
    Rooms
    Basement, Bedroom 2, Bathroom 3, Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 3, Bathroom 2
    Bedrooms
    4
    Bathrooms
    2
    APN
    999-99-02-178.00
    Parking features
    Off Street, On Street
    Patio and Porch features
    Patio
    Fencing
    Privacy
    Fireplace
    1
    Basement
    Full
    Appliances
    Electric Oven, Dryer, Refrigerator, Washer
    Size
    2,573 SF
    Lot size
    0.06 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1879
    Floors in Building
    3
    Number of units
    2
    Building materials
    Brick
    Roof type
    Shingle

    Keller Williams Realty Services (859) 240-0727 [email protected]

    Listing agent Sara Foltz (859) 240-0727 License #212166

    Listing date Nov 3, 2025

    MLS# 637511 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 Property For Sale

    This multifamily property is an investor's dream, featuring two fully rented, spacious 2-bedroom units in a prime East Row location. Constructed for efficiency, each unit has separate central AC and furnace systems and private entrances. The first floor apartment is a roomy 2-bed, 1-bath unit with a desirable back porch. The second floor unit is an enormous two-story 2-bed, 1.5-bath unit, featuring a spectacular super-sized loft bedroom with a half-bath, which is a major tenant draw. Tenants are responsible for their own gas and electric. The property includes rear alley parking. The property size is 2573 square feet and the lot size is 0.06 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Newport
    County
    Campbell
    State
    Kentucky
    Longitude
    -84.486573
    Latitude
    39.088721

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    FAQs

    What type of property is this?
    Duplex - Two fully rented units in prime East Row location.
    Where is this duplex located?
    The property is located at 945 Washington Ave Newport, KY.
    What is the asking price?
    The asking price for this property is $272,900.
    What are key features of this property?
    This property features: - Two fully rented units providing immediate rental income.; - Prime East Row location.; - Separate Central AC and Furnace systems for each unit.
    (859) 240-0727
    Request Owner's contact information
    945 Washington Ave 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
    945 Washington Ave Newport, KY 41071
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