Duplex with Screened
For Sale
$217,000
148 Applewood Lane, Elizabethtown, KY 42701
Residential/Farm, Duplex, Ranch, Elizabethtown, KY
Property Size1,192 SF
Lot Size0.35 Acres
Price / SF$182.05
Days on Market12
Property Features for 148 Applewood Lane
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 2
Patio and Porch features
Patio
Interior features
Ceiling Fan(s), Closet Light(s), Vaulted Ceiling(s), Walk-in Closet(s)
Exterior features
Concrete Walks, Enclosed Patio, Landscaping, Mature Trees, Storage Shed
Subdivision
Applewood
Lot features
Sidewalks, Subdivision
Elementary school
New Highland
Middle school
Bluegrass
High school
John Hardin
Directions
From Dixie Hwy: Turn onto W.A. Jenkins Rd. Turn LEFT onto Applewood Ln. Home will be on the RIGHT.
Standard status
Active
Size
1,192 SF
Lot size
0.35 Acres
Utilities
Heating system
Heat Pump (Heating)
Cooling system
Central Air
Amenities
screened-in porch
storage shed
Building Details
Year built
2007
Flooring type
Carpet, Vinyl
Roof type
Shingle
Architectural style
Other, Ranch
Additional Structures
Storage
Listing Agency:
Elyon Realty
(270) 300-5221
Listed By:
Jadelene Flynn
(270) 312-7053
Added: Sep 26
Last Checked: Oct 7 at 6:06PM
MLS# HK2604056
Copyright © 2026 Heart of 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.
This 2007 duplex offers 1,192 square feet with two bedrooms and two bathrooms. Its open living, dining, and kitchen areas include vaulted ceilings, updated flooring, ample cabinetry, and a breakfast bar. The primary bedroom has an en-suite bathroom with a walk-in shower and a walk-in closet. A screened-in porch, storage shed, and 0.35-acre lot add outdoor and storage space.
The property is in Elizabethtown, near Fort Knox, Radcliff, shopping, dining, and major commuter routes.
The property is in Elizabethtown, near Fort Knox, Radcliff, shopping, dining, and major commuter routes.
Key Highlights
- Two‑bedroom, two‑bathroom duplex with 1,192 square feet
- 0.35‑acre lot with a screened‑in porch and backyard
- Built in 2007
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,542
Cap Rate
4.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$190,840
$190.8K
Cap Rate 7%
$136,314
$136.3K
Cap Rate 9%
$106,022
$106.0K
Market Conditions
NOI Build-Up for 1,192 SF
Gross rent
$18.2K $15.24/SF
− Vacancy
−$817 −$0.69/SF
EGI
$17.3K $14.55/SF
− OpEx
−$7.8K −$6.55/SF
NOI
$9.5K $8.00/SF
Area
Hardin County, KY
Vacancy
4.50%
Lease Rate
$15.24 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$190,840
Cap Rate 7%
$136,314
Cap Rate 9%
$106,022
Alternative Uses
Best Use
Apartment 5plus
$136.3K
$119.3K – $159.0K
NOI $9,542 @ 7.0% cap · market cap 4.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$215.8K
$188.8K – $251.8K
NOI $15,105 @ 7.0% cap · market cap 6.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
271
Businesses Nearby
Explore this area
Business Placement
Demographics for 42701, KY
52,731
Population
23,565
Households
2.2
Avg Household Size
40
Median Age
28%
College-Educated
94%
High-School Grad
161.8 sq mi
ZIP Area
326
Density / Sq Mi
$68,715
Median Household Income
$44,251
Median Earnings
$902
Median Rent
$235,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - The open living, dining, and kitchen areas feature vaulted ceilings and a breakfast bar.
Where is this residential income property located?
The property is located at 148 Applewood Lane Elizabethtown, KY.
What is the asking price?
The asking price for this property is $217,000.
What are key features of this property?
This property features: Two‑bedroom, two‑bathroom duplex with 1,192 square feet; 0.35‑acre lot with a screened‑in porch and backyard; Built in 2007
