Louisville, KY 40203,1822 Duncan St
Louisville, KY 40203,1822 Duncan St
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$ 120,000
Est. payment | /mo

4 Beds

2 Baths

2,589 SqFt


Save
$ 120,000
Est. payment | /mo
Save

4 Beds

2 Baths

2,589 SqFt

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

Greater Louisville MLS (Metro Search Inc)
Listed by Keller Williams Louisville East
agent
Shellie Hansen

+1(270) 319-8893 | shellie@hansenteamky.com

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1822 Duncan St