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    Newport, KY 41071

    For Sale
    $290,000

    MULTI_FAMILY - Newport, KY

    Type:Apartment
    Property size:
    4,734 SF
    Lot size:
    0.04 Acres
    Days on Market:
    19
    Last Refresh:
    Dec 13 at 11:06 am

    Property Features for

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Apartment
    Standard status
    Active
    Window features
    Vinyl Frames, Wood Frames
    Rooms
    Basement
    Parking features
    On Street
    Interior features
    Entrance Foyer
    Exterior features
    Awning(s)
    Fireplace
    1
    Basement
    Full
    Size
    4,734 SF
    Lot size
    0.04 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Forced Air
    Water source
    Public

    Building Details

    Year built
    1885
    Floors in Building
    3
    Number of units
    6
    Building materials
    Brick
    Roof type
    Membrane

    Comey & Shepherd, REALTORS

    Listing agent Rebecca Weber (859) 415-2556 License #202929

    Listing date Nov 25, 2025

    MLS# 638245 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 Conversion Opportunity

    This 4,734 square foot property, formerly Sweet Tooth Candies, is located in Newport, Kentucky. It comes with fully permitted drawings for conversion into a mixed-use building featuring five residential units and a highly visible corner commercial space. The design plans detail five one-bedroom units across three floors. Original materials are present throughout the building and are incorporated into the professional design. The property may qualify for Federal and State Historic Tax Credits. It occupies a lot size of 0.04 acres.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Map

    City
    Newport
    County
    Campbell
    State
    Kentucky
    Longitude
    -84.4814
    Latitude
    39.0726

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    FAQs

    What type of property is this?
    Apartment building - Permitted plans for 5 residential units and commercial space.
    Where is this apartment building located?
    The property is located at Newport, KY.
    What is the asking price?
    The asking price for this property is $290,000.
    What are key features of this property?
    This property features: - Permitted drawings for conversion to **5 residential units plus a commercial unit.**; - Eligible for **Federal and State Historic Tax Credits.**; - Prime location in West Newport's developing area.
    (859) 415-2556
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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
    Newport, KY 41071
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