Duplex with Private
1126 Milton St Louisville, KY 40217
New
1126 Milton St, Louisville, KY, 40217
$250,000
For Sale
$250,000
MULTI_FAMILY - Shotgun - Louisville, KY
Property Size1,424 SF
Price / SF$175.56
Days on Market4
Property Features for 1126 Milton St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bedroom 1, Dining Room, Bathroom 2, Basement, Bedroom 3, Bathroom 1
- Patio and Porch features
- Patio, Porch
- Standard status
- Active
- APN
- 09026G01080000
- Size
- 1,424 SF
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1900
- Number of units
- 2
- Building materials
- Vinyl Siding
- Roof type
- Shingle
- Architectural style
- Shotgun
- Additional Structures
- Outbuilding
Listing Agency
Collective Roots Agency
(812) 589-9312
1401 Sylvan Way, Louisville, KY
Listed by
The Ryan Cecil Group
(502) 644-7864
Added: Jul 15 Checked: Jul 18 at 1:06 am
MLS# 1723343
Listing URL
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This well-maintained duplex offers two separate 1-bedroom, 1-bathroom units. Each unit includes its own private entrance and a covered patio, with durable luxury vinyl plank (LVP) flooring and neutral, light-colored paint throughout. The first unit features a large living room with an arched doorway leading to a spacious kitchen with shiplap ceiling detail, along with a generously sized bedroom and roomy bathroom. The second unit provides a spacious living room, well-appointed kitchen, comfortable bedroom, and a full bathroom.
The exterior includes a large, fully fenced backyard with a covered patio, and rear parking provides added convenience. The property is located in Louisville, Jefferson County, KY.
The overall layout is suited for residential income use and also offers flexibility if the duplex is later reconfigured into one residence with multiple layout possibilities.
The exterior includes a large, fully fenced backyard with a covered patio, and rear parking provides added convenience. The property is located in Louisville, Jefferson County, KY.
The overall layout is suited for residential income use and also offers flexibility if the duplex is later reconfigured into one residence with multiple layout possibilities.
Key Highlights
- Well‑maintained shotgun‑style duplex with two 1‑bedroom, 1‑bath units
- Each unit has its own private entrance plus a covered patio
- Large, fully fenced backyard with rear parking for convenient access
Local 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 | $18.1k | $12.72 |
| − Vacancy | −$996 | −$0.70 |
| EGI | $17.1k | $12.02 |
| − OpEx | −$5.1k | −$3.61 |
| NOI | $12.0k | $8.41 |
1,424 SF · lease $12.72/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$171.2K
$149.8K – $199.7K
NOI $11,982 @ 7.0% cap · market cap 4.79%
Second Best
Apartment 5plus
$138.4K
$121.1K – $161.5K
NOI $9,691 @ 7.0% cap · market cap 3.88%
Theoretical Best
Office A
$369.1K
$323.0K – $430.6K
NOI $25,837 @ 7.0% cap · market cap 10.33%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Well-maintained duplex with two 1-bedroom, 1-bath units, each featuring private entrance and covered patio access.
Where is this duplex located?
The property is located at 1126 Milton St Louisville, KY.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Well‑maintained shotgun‑style duplex with two 1‑bedroom, 1‑bath units; Each unit has its own private entrance plus a covered patio; Large, fully fenced backyard with rear parking for convenient access
