Date
Details
Price
Change
Source
8/13/2026
Listed
$595,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$595,000 Just Listed
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Property 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 3BR/2BA configuration in each unit. Prominent corner location with convenient access to downtown Cincinnati, Newport, major employment centers, dining, entertainment, and interstate access. Larger two- and three-bedroom floor plans provide a desirable rental mix. Existing leases are in place. Rent roll and additional financial information available upon request.
Full Property Details
Full Property Details for 1002-1004 Central Ave
General
- Price: $595,000
- Status: Active
- Type: Multi-Family
- Source: Northern_Kentucky
- MLS ID: 645649
- Updated: Today (8/13/2026)
- Added to Site: Today
Interior
- Appliances: Washer/Dryer Stacked, Electric Oven, Microwave, Refrigerator
Rooms
Other Rooms
- Laundry: In Unit
Parking
- Parking Features: On Street
Location
- County: Campbell
- Driving Directions: turn on central
School Information
- Elementary School: Newport Elementary
- Middle School: Newport Intermediate
- High School: Newport High
Community
- Community Name: K14 - Newport
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available
Structural Information
- # Buildings: 1
- Construction: Brick
- Basement Desc.: Full
- Roof: Membrane
- Windows: Wood Frames
- Square Feet: 4,564
- Living Area: 4,564 Sq. Ft.
- Year Built: 1883
Lot Features
- Lot Size (Acres): 0.07
- Lot Size (Sq. Ft.): 3,049
- Lot Size: .07
- Lot Dimensions: 30 x 107
- Lot Features: Corner Lot, Near Public Transit
- Zoning: Commercial
- Fencing (Description): Chain Link
Disclosures and Reports
- Property ID: 999-99-03-066.00
Listed by Haven Homes Group, Michael Smith
We Value Your Privacy
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Listing agent
— 1002-1004 Central Ave —
Michael Smith
Haven Homes Group
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1002-1004 Central Ave
School District:Newport Independent School District
| Name | Grades | Distance |
|---|---|---|
Newport Primary School 1102 York Street, Newport, KY 41071 | PK-2 | 0.2 mi |
Newport Intermediate School 95 West 9th Street, Newport, KY 41071 | 3-6 | 0.2 mi |
Newport High School 900 East 6th Street, Newport, KY 41071 | 7-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1002-1004 Central Ave
Tax History
Tax History for 1002-1004 Central Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,292
-4%
$350,000
—
2024
$1,348
-2%
$350,000
—
2023
$1,382
153%
$350,000
159%
2022
$546
-85%
$134,900
—
2021
$3,656
334%
$134,900
—
2021
$843
20%
$134,900
32%
2018
$703
-1%
$102,000
—
2019
$709
1%
$102,000
—
2017
$705
18%
$102,000
—
2016
$600
2%
$102,000
—
2014
$590
1%
$102,000
—
2013
$583
38%
$102,000
—
2012
$422
—
$102,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1002-1004 Central Ave
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- Single Family
- Active
- Updated 5 days ago
- 3Beds
- 3Total Baths
- 1,783Sq. Ft.
Listed by Patrick Gunning (513) 300-6929
- Single Family
- Active
- Updated 41 minutes ago
- 2Beds
- 2Total Baths
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- Active
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- 3Beds
- 4Total Baths
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- Single Family
- Active
- Updated 1 day ago
- 2Beds
- 2Total Baths
- 1,380Sq. Ft.
Listed by Oyler Hines (513) 623-1351
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- Single Family
- Active
- Updated 5 days ago
- 3Beds
- 4Total Baths
- 2,186Sq. Ft.
Listed by Finn Team (513) 560-6513
- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 3Total Baths
- 2,595Sq. Ft.
Listed by Hillary Justice (513) 602-1715
- Condo
- Active
- Updated 19 hours ago
- 3Beds
- 3Total Baths
- 1,343Sq. Ft.
Listed by Draznik Group (513) 616-0409
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1002-1004 Central Avenue, Newport, KY 41071 (MLS# 645649) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 1002-1004 Central Avenue is currently listed for $595,000 and was received on August 13, 2026. Want to learn more about 1002-1004 Central Avenue? Do you have questions about finding other Multi-Family real estate for sale in Newport? You can browse all Newport real estate or contact a Coldwell Banker agent to request more information.