1822 Duncan St new Save Request In-Person Tour Request Virtual Tour
Louisville,KY 40203
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,589 sqft
Price per Sqft $46
Subdivision Portland
MLS Listing ID 1694087
Style Other
Bedrooms 4
HOA Y/N No
Abv Grd Liv Area 2,589
Year Built 1900
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Duplex
Source Metro Search (Greater Louisville Association of REALTORS®)
Land Area 2589
Property Description
High-Cash Flow Duplex for Sale in Louisville KY - Fully Rented 2 Bed 1 Bath Units with Strong Rent Roll! Located in the booming Louisville real estate market, where home values are already up nearly 5% this year, this fully occupied duplex is a prime opportunity for any serious investor. At a list price of $120K with a monthly rent roll of $1,578, this property crushes the 1% rule—a rare feat in today's market.
Each unit features a 2 bedroom, 1 bathroom layout, the most in-demand unit mix in all of Louisville. Current rents are $767 and $811/month, offering immediate income from day one. One unit is occupied by a long-term tenant of 19 years-and definitely wants to stay. There's some room to improve one unit cosmetically, giving you even more upside over time.
Whether you're expanding your portfolio or making your first multifamily investment, this duplex offers the perfect mix of affordability, stability, and cash flow in a market that continues to outperform.
Fully rented, low price, strong returnsthis is a deal you don't want to miss!
Location
State KY
County Jefferson
Direction I-64 and Take exit 3 toward US-150 E/22nd Street. Go for 0.3 mi. Continue on N 22nd St (US-150) toward Hospital. Turn left onto Bank St. Turn right onto N 18th St. Turn right onto Columbia St. End at house.
Interior
Heating Forced Air
Cooling Wall/Window Unit(s)
Exterior
Exterior Feature None
View Y/N No
Roof Type Flat,Shingle
Garage No
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Structure Type Other,Wood Frame