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    Newport, KY
    Multifamily

    Newport, KY Multifamily Properties for Sale

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    Corner Retail with Residential Units
    Updated: May 15
    Corner Retail with Residential Units

    1101 Isabella St, Newport, KY 41071

    $599,000
    3,930 sqft
    Historic corner property with mixed‑use setup: rented storefront plus apartments
    Includes a storefront currently rented for a business
    Residential mix includes one 2‑bedroom apartment and three studio units
    Entire property is fully rented and generating income
    Commercial and residential units combine for an income‑producing, mixed‑use structure
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    This listing looks promising.

    Here's a quick look at some key insights for

    1101 Isabella St, Newport, KY

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    • Est. Cap Rate

      7.3%
      Above avg (5.9%)

    • Est. NOI

      $44K
      Annual

    • Price @ 7% Cap

      $625K
      Above asking

    • Last Sold

      Dec 2021
      $489K

    • Property Type

      Commercial (General)
      Built 1901
    View Property Analytics
    Updated Duplex with Two Units
    Updated: Aug 4
    Updated Duplex with Two Units

    826 Saratoga Street, Newport, KY 41071

    $270,000
    3,270 sqft
    Two‑unit duplex with separate gas and electric service
    First floor includes 2 bedrooms and 1 bathroom
    Second floor offers 1 bedroom, a study, and 1 bathroom
    Newer siding, roof, and windows
    Existing curb cut may support off‑street parking
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    Triplex With Detached Garage
    Triplex With Detached Garage

    646 Monroe Street, Newport, KY 41071

    $499,900

    Historic multifamily property with an additional rentable garage unit and off-street parking.

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    Storefront with Four Apartments
    Storefront with Four Apartments

    402 Thornton Street, Newport, KY 41071

    Contact for pricing

    Storefront is served by central air, with four apartments each having separate furnaces.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Newport, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Historic Three-Unit Multifamily Property
    Historic Three-Unit Multifamily Property

    501 Johnson Street, Covington, KY 41011

    $649,900
    3,186 sqft 0.05 AC lot

    Renovated brick building with mixed-use zoning, off-street parking, and an adjacent vacant lot.

    View details
    Furnished Three-Unit Triplex
    Furnished Three-Unit Triplex

    399 Oregon Street, Cincinnati, OH 45202

    $850,000
    2,562 sqft 0.11 AC lot

    Modern updates, furnished interiors, and river and city views define the offering.

    View details
    Mixed-Use Bar and Apartments
    Mixed-Use Bar and Apartments

    1424 Joe Nuxhall Way, Cincinnati, OH 45202

    $650,000

    Bar on the first floor with four AirBNB/apartment spaces and one rear parking space.

    View details
    525 Greenup St, Covington, KY
    525 Greenup St, Covington, KY

    525 Greenup St, Covington, KY 41011

    Contact for pricing

    525 Greenup St, Covington, KY 41011 For Sale

    View details

    Newport, KY Multifamily Properties Market Trends and Statistics

    Explore 4 multifamily properties for sale in Newport, KY, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 7,200 square feet of properties for sale, with an estimated market value of $1,368,900.

    Sale prices for multifamily properties in Newport, KY start at $270,000, averaging $456,300, and reaching up to $599,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 2
    Duplexes 2
    Quadplexes 1
    Triplexes 1

    Demographics Overview

    Population 66K
    Population Growth (5Y) +0.2%
    Median Household Income $73,960
    College Educated 39.9%

    High-Yield Neighborhoods for Investment

    Identify Newport submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    41071 $439.7K

    Taxes & Financing

    Tax Rate (average for all types) 0.85%
    Property Tax per SF $9.42 per SF
    Tax Rate vs County Average 0.10 pp below county avg
    Average Loan-to-Value 65.0%

    Property Size Breakdown

    The majority of commercial real estate listings in Newport fall within the 100,000+ square foot range.

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