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1st image of 1002-1004 Central Ave, Newport, KY 41071 | MLS# 645649
2nd image of 1002-1004 Central Ave, Newport, KY 41071 | MLS# 645649
3rd image of 1002-1004 Central Ave, Newport, KY 41071 | MLS# 645649
4th image of 1002-1004 Central Ave, Newport, KY 41071 | MLS# 645649
5th image of 1002-1004 Central Ave, Newport, KY 41071 | MLS# 645649
29+
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$595,000

  • Beds Icon-- Bed
  • Beds Icon
    -- Bath
  • Beds Icon4,564sqft

1002-1004 Central Ave, Newport, KY 41071

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  • Multi Family

  • Built in 1883

  • $-- HOA

  • 0.07 acre lot

  • $130/sq.ft

Description

Fully leased 4-unit multifamily investment opportunity at 1002,1004 Central Avenue in Newport, KY. Attractive unit mix consisting of two 2BR/1BA apartments and two 3BR/1BA apartments. Current scheduled rents total $6,101/month ($73,212 annually). Two of the four units are occupied by long-term tenants, providing established rental history and stability, with further rent upside that can be captured as leases renew.

Both second-floor units are currently configured as 3BR/1BA apartments and each includes additional unfinished space offering further value-add potential. Subject to applicable approvals, this space could potentially be finished to create either a 4BR/1BA or...

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  • Houzeo last checked: 17 minutes ago
  • Listing updated: August 15, 2026 at 8:22 pm
  • Listing Provided by: Michael Smith (859) 962-1711 DRE #264460 | Haven Homes Group (859) 444-0180
  • Source: Northern Kentucky Multiple Listing Service | MLS#: 645649 Northern Kentucky Multiple Listing Service

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Campbell County

  • City

    Newport

  • Neighborhood

    --

  • Year Built

    1883

  • HOA Fees

    -

  • Finished Area

    4,564 sqft

  • Lot Size

    0.07 acre lot

  • Basement Area

    - sqft

  • MLS Name

    Northern Kentucky Multiple Listing Service

  • MLS Number

    645649

  • MLS Status

    Active

  • Days on Market

    13

  • Cumulative Days on Market

    2

Data provided by Redfin

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