48-Unit Apartment
New
For Sale
Contact for pricing
3520 Alexandria Pike, Newport, KY 41076
Six-story residential property with consistently configured two-bedroom, two-bath residences.
Property Size77,338 SF
Lot Size2.00 Acres
Days on Market3
Property Features for 3520 Alexandria Pike
General Information
Standard status
Active
Size
77,338 SF
Lot size
2.00 Acres
Property subtype
Multifamily
Zoning
R-3
Units
Unit Mix
48 x 2BR/2BA
Multifamily Units
48
Building Details
Building Size
77,338 SF
Buildings
1
Stories
6
Listing Agency:
3CRE Advisors, LLC - corporate
Listed By:
Michael Costantini · License #OH #2018001126
(513) 383-8413
Source:
3cre
Added: Sep 30
Last Checked: Oct 1 at 9:54AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of 3CRE Advisors, LLC - corporate
Investment Insights
Based on property information with market context.
Northern Terrace is a 48-unit apartment property at 3520 Alexandria Pike in Newport, Kentucky. The six-story building has a basement and contains 77,338 SF across 1.997 acres. Residences are configured as two-bedroom, two-bath units averaging 881 SF. The property may be acquired on its own or together with adjacent Callahan Hall.
Building systems and improvements include ceiling-mounted mini-split HVAC, 3,500-amp three-phase electric service, a white TPO roof, and a poured concrete foundation. The property is zoned R-3, with multifamily use permitted by right.
Building systems and improvements include ceiling-mounted mini-split HVAC, 3,500-amp three-phase electric service, a white TPO roof, and a poured concrete foundation. The property is zoned R-3, with multifamily use permitted by right.
Key Highlights
- 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
Property Analytics
Current Use
Lease Details
48
Residential units
Location Intelligence
Trade Area within ½ mile
704
Businesses Nearby
Explore this area
Business Placement
Demographics for 41076, KY
17,440
Population
7,729
Households
2.3
Avg Household Size
38
Median Age
44%
College-Educated
95%
High-School Grad
19.2 sq mi
ZIP Area
908
Density / Sq Mi
$72,387
Median Household Income
$36,301
Median Earnings
$1,132
Median Rent
$203,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Six-story residential property with consistently configured two-bedroom, two-bath residences.
Where is this apartment building located?
The property is located at 3520 Alexandria Pike Newport, KY.
What are key features of this property?
This property features: 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
