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    1038 Sylvia St Louisville, KY 40217

    New
    For Sale
    $175,000

    MULTI_FAMILY - Shotgun - Louisville, KY

    Property size:
    1,615 SF
    Lot size:
    0.08 Acres
    Days on Market:
    4
    Last Refresh:
    Dec 12 at 8:06 am

    Property Features for 1038 Sylvia St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 5, Bedroom 3, Bedroom 4, Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 1, Basement
    Bedrooms
    5
    Bathrooms
    2
    APN
    09024G01610000
    Size
    1,615 SF
    Lot size
    0.08 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Natural Gas
    Cooling system
    Wall/Window Unit(s), Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1910
    Number of units
    2
    Building materials
    Vinyl Siding
    Roof type
    Flat, Asphalt
    Architectural style
    Shotgun

    RPE Holdings, LLC (502) 425-6000 [email protected]

    Listing agent Ethan J Adams (502) 425-6000

    Listing date Dec 9, 2025

    MLS# 1701996 Listing URL

    Copyright © 2025 Greater Louisville Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Louisville Duplex in Germantown

    This duplex, located in the Germantown neighborhood, presents a value-add opportunity for investors or owner-occupants. The property features two units, each equipped with its own furnace and meter for separate utilities and ease of management. One unit is currently vacant, while the other is occupied by a long-term tenant participating in the Section 8 program, providing a consistent income stream. The property includes off-street parking and a spacious backyard. Situated moments away from Germantown's restaurants, bars, and nightlife, the location is in a high-demand area. The property, with a size of 1615 square feet and situated on a 0.08-acre lot, offers potential to increase rents and property value through updates and improvements.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Louisville
    County
    Jefferson
    State
    Kentucky
    Longitude
    -85.740106
    Latitude
    38.221762

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    FAQs

    What type of property is this?
    Duplex - Value-add duplex in desirable Germantown neighborhood with income potential.
    Where is this duplex located?
    The property is located at 1038 Sylvia St Louisville, KY.
    What is the asking price?
    The asking price for this property is $175,000.
    What are key features of this property?
    This property features: - Prime location in the highly desirable Germantown neighborhood.; - Value-add opportunity with potential to increase rents and property value through updates.; - Income-producing duplex with one unit occupied by a long-term Section 8 tenant, providing guaranteed income.
    (502) 425-6000
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1038 Sylvia St Louisville, KY 40217
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