1032 Columbia St, Newport, KY for sale

1032 Columbia St, Newport, KY 41071

Accepting Offers
1032 Columbia St, Newport, KY for sale1032 Columbia St, Newport, KY for sale1032 Columbia St, Newport, KY for sale1032 Columbia St, Newport, KY for sale
Asking Price

$401,000

1032 Columbia St, Newport, KY for sale

1032 Columbia St, Newport, KY 41071

Asset Type: Real Estate

Estate: Fee Simple

Land Area: 0.06 Acres

Number of Units: 5

Property Type: Multifamily

Year Built: 1874

Number of Floors: 2

Property Size: 4,389 SF

Investment Highlights

  • Unit Count: 5 total units – a mix of spacious 1 bedroom layouts
  • Location: Walkable to Newport on the Levee, Ovation, and the future site of the new Entertainment District
  • Proximity: Less than 10 minutes to Downtown Cincinnati, with easy access to I-471
  • Fully Occupied: Current leases in place with solid tenant history
  • Utilities: Separate electric meters; landlord currently pays water
  • Potential Upside: Market rents trending higher; additional value-add through cosmetic renovations or utility bill-back
  • Zoning: Multifamily – ideal for long-term hold, Airbnb conversion, or 1031 exchange

Offering Summary

Located just minutes from Downtown Cincinnati, 1032 Columbia St presents a rare opportunity to acquire a stabilized 5-unit multifamily building in one of Northern Kentucky’s fastest-growing urban corridors. This well-maintained brick property features a desirable unit mix, strong rental history, and significant upside potential through rent increases or light value-add upgrades.

Sale FAQs

Investment Sales Broker

David Mussari

David Mussari

Berkshire Hathaway HomeServices of America Professional Realty

Phone: XXXXXXXXXX

Email: XXXXXXXXXXXXXXXXXXXXXX

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