Multifamily

Newport, KY Multifamily Properties for Sale

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Covington, KY Cincinnati, OH Union, KY Bellevue, KY Fort Thomas, KY Dayton, KY Ludlow, KY Southgate, KY
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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Remodeled Duplex
Updated: Oct 1
Remodeled Duplex

746 Columbia St, Newport, KY 41071

$275,000
2,108 sqft
2,108‑square‑foot duplex built in 1890
Both units have luxury vinyl plank flooring and remodeled bathrooms
Kitchens feature shaker cabinets, stainless steel appliances, and granite countertops
Fresh paint and updated hardware throughout
Walking distance to the Levee and Ovation development
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48-Unit Apartment Building
48-Unit Apartment Building

3520 Alexandria Pike, Newport, KY 41076

Contact for pricing
77,338 sqft 2.00 AC lot

Six-story residential property with consistently configured two-bedroom, two-bath residences.

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208-Unit Multifamily Property
208-Unit Multifamily Property

3510 Alexandria Pike, Newport, KY 41076

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Built in 1962, the property is presented for conversion to senior living.

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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.

Four-Unit Quadplex with New Roof
Four-Unit Quadplex with New Roof

3605 Glenn Ave, Covington, KY 41015

$350,000
4,150 sqft

Four rental units offer separate utilities, updated mechanical systems, and a varied bedroom mix.

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Four-Unit Quadplex with Garage
Four-Unit Quadplex with Garage

43 Holly Woods Dr, Fort Thomas, KY 41075

$627,000
3,704 sqft

Multifamily property with basement storage, laundry hookups, off-street parking, and in-unit kitchen appliances.

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Historic Duplex with Separate Entrances
Historic Duplex with Separate Entrances

1946 Eastern Ave, Covington, KY 41014

$345,000
2,856 sqft

Two residential units offer individual entries, full kitchens, and flexible owner-occupancy or rental use.

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Renovated 4-Unit Quadplex
Renovated 4-Unit Quadplex

215 S Fort Thomas Avenue, Fort Thomas, KY 41075

$795,000

Updated residences offer separate utilities, off-street parking, and garage space.

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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 83,376 square feet of properties for sale, with an estimated market value of $874,000.

Sale prices for multifamily properties in Newport, KY start at $275,000, averaging $437,000, 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 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 $534.5K

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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