1032 Columbia St

1032 Columbia St, Newport, KY 41071

Property Information

  • For Sale $401,000
  • Property Type Multi-Family
  • Property Size 4,389 SF
  • Units 5
  • Lot Size 0.06 Acre
  • Building Class B
  • Year Built 1874
  • Date Updated Sep 2, 2026

Description

Located just minutes from Downtown CincinnatiLocated 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.

Highlights

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

Contacts

Location

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