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Duplex with Porch
For Sale
$73,000

114-116 Rice Street, Louisa, KY 41230

MULTI_FAMILY - Louisa, KY

Property Size1,786 SF
Lot Size0.12 Acres
Price / SF$40.87
Days on Market107

Property Features for 114-116 Rice Street

General Information

Property type Residential Multi Family
Property subtype Single Family Residence
Zoning Mixed
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2, Bedroom 4, Bedroom 2, Bedroom 1, Bedroom 3
Window features Wood Frames
Patio and Porch features Porch
Interior features 1st Floor Bedroom, Ceiling Fans
Basement Crawl Space
Appliances Refrigerator, Stove
High school Lawrence County
Directions From Louisa Wendy's turn left onto 2565, drive 1.5 miles, turn left onto Madison St (at red-light), take 1st left onto Rice Street, properties are side by side on the right. No sign.
Subdivision Lawrence
Standard status Active
Size 1,786 SF
Lot size 0.12 Acres

Utilities

Sewer type Public Sewer
Heating system Baseboard, Space Heater
Cooling system Window Unit(s)
Water source Public

Building Details

Year built 1942
Number of units 2
Roof type Shingle
Architectural style Ranch
Listing Agency: eXp Realty LLC
Listed By: Laikan Pack
Added: Apr 23 Changed: Aug 3 Last Checked: Aug 7 at 12:06AM
MLS# 128556

Copyright © 2026 Eastern Kentucky 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.

Duplex property at 114-116 Rice Street, Louisa, KY 41230, built in 1942. The total property size is 1,786 square feet on a 0.12-acre lot. Each side includes bedroom space plus interior features such as ceiling fans, with a porch on the property. Appliances listed include a refrigerator and stove.

The homes are served by public water and public sewer. Heating includes space heaters and baseboard heat, and cooling is provided via window unit(s). The roof is shingle. Property is being sold as-is.

For tenants or owners looking for a two-home setup under one purchase, this configuration can support separate household use while sharing the same parcel and utility connections listed for the property.

Key Highlights

  • Duplex property totaling 1,786 SF on a 0.12‑acre lot
  • Two residences at 114‑116 Rice Street, Louisa, KY 41230
  • Built in 1942 with ranch style

Property Analytics

Current Use

Single family properties

Suggested Use

Top Pick Plumbing Service Locksmith Bakery (Bike/Boat/Book/etc) Store Storage Facility HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

469
Businesses Nearby

Demographics for 41230, KY

12,670
Population
5,621
Households
2.3
Avg Household Size
42
Median Age
15%
College-Educated
82%
High-School Grad
231.9 sq mi
ZIP Area
55
Density / Sq Mi
$45,240
Median Household Income
$31,995
Median Earnings
$750
Median Rent
$110,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Single family property - Duplex opportunity on a 0.12-acre lot with public water and sewer, offering multiple bedrooms and basic in-unit amenities.
Where is this single family property located?
The property is located at 114-116 Rice Street Louisa, KY.
What is the asking price?
The asking price for this property is $73,000.
What are key features of this property?
This property features: Duplex property totaling 1,786 SF on a 0.12‑acre lot; Two residences at 114‑116 Rice Street, Louisa, KY 41230; Built in 1942 with ranch style
More about this property
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