Nicholasville Duplex with Walkout
112 A-B Meadowlark Nicholasville, KY 40356
For Sale
$329,000
MULTI_FAMILY - Nicholasville, KY
Property Size2,135 SF
Lot Size0.51 Acres
Price / SF$154.10
Days on Market139
Property Features for 112 A-B Meadowlark
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Rooms
Bedroom 2, Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 4, Laundry Room, Bedroom 1
Parking
4
Standard status
Active
APN
058-10-09-008.00
Size
2,135 SF
Lot size
0.51 Acres
Utilities
Utilities
Cable Available
Heating system
Ceiling
Cooling system
Window Unit(s)
Building Details
Floors in Building
1
Number of units
2
Roof type
Composition
Listing Agency:
RE/MAX Creative Realty
(859) 422-2000
Listed By:
Maggie C Taylor · License #5e3678
(859) 396-2179
Added: Mar 13
Changed: Jul 17
Last Checked: Jul 29 at 5:06PM
MLS# 26004905
Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This custom-built duplex in Nicholasville, Kentucky, features a brick exterior and a walkout basement. Each of the two units includes a one-plus car oversized garage. Each unit features two bedrooms and one bathroom. The living rooms have private front entries and views of the front yard. The eat-in kitchens are equipped with a range, refrigerator, and pantry. A washer and dryer closet includes additional shelving for storage. The unfinished walkout basement offers storage space or the potential for additional finished square footage. The oversized one-car garages could potentially hold more than one car. The property, situated on a 0.514-acre lot, offers an opportunity for a family seeking separate living spaces with direct access to one another. The property has a dimensional shingled roof and a total size of 2135 square feet.
Key Highlights
- Custom‑built duplex with brick exterior and an unfinished walk‑out basement for storage or future living space
- Each unit offers 1+ car oversized garage plus private front entry access from the living room
- Two bedrooms and one bathroom on each side, for a total 4 bedrooms and 2 bathrooms
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $27.2k | $12.72 |
| − Vacancy | −$1.1k | −$0.53 |
| EGI | $26.0k | $12.19 |
| − OpEx | −$7.8k | −$3.66 |
| NOI | $18.2k | $8.53 |
2,135 SF · lease $12.72/SF/yr · vacancy 4.18% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$260.2K
$227.7K – $303.6K
NOI $18,215 @ 7.0% cap · market cap 5.54%
Second Best
Apartment 5plus
$232.9K
$203.8K – $271.7K
NOI $16,300 @ 7.0% cap · market cap 4.95%
Theoretical Best
Office A
$541.1K
$473.5K – $631.3K
NOI $37,877 @ 7.0% cap · market cap 11.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Custom-built duplex featuring oversized garages and walkout basement.
Where is this duplex located?
The property is located at 112 A-B Meadowlark Nicholasville, KY.
What is the asking price?
The asking price for this property is $329,000.
What are key features of this property?
This property features: Custom‑built duplex with brick exterior and an unfinished walk‑out basement for storage or future living space; Each unit offers 1+ car oversized garage plus private front entry access from the living room; Two bedrooms and one bathroom on each side, for a total 4 bedrooms and 2 bathrooms
