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New Construction Duplex
For Sale
$290,000

158A Shirley Boulevard, Vine Grove, KY 40175

Residential/Farm, Duplex, Vine Grove, KY

Property Size1,600 SF
Price / SF$181.25
Days on Market62

Property Features for 158A Shirley Boulevard

General Information

Property type Residential
Property subtype Duplex
Property condition Under Construction
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 1, Bathroom 2
Patio and Porch features Porch
Interior features Ceiling Fan(s), Walk-in Closet(s)
Exterior features Covered Front Porch
Appliances Smoke Detector(s)
Subdivision Vineland Park
Lot features Sidewalks
Directions From US-31 W turn onto KY-313 N, towards Vine Grove. Turn left onto Highland Ave, turn right onto Shirley Blvd.
Standard status Active
Size 1,600 SF

Utilities

Heating system Forced Air
Cooling system Central Air
Water source Public

Amenities

granite countertops
tile backsplash
stainless steel appliances
walk-in closet
en-suite bathroom
side patio
attached storage unit

Building Details

Year built 2026
Flooring type Laminate
Roof type Shingle
Architectural style Other
Listing Agency: Keller Williams Collective · Keller Williams Realty
Listed By: Lisa Smith · License #220813
Added: Aug 7 Changed: Sep 17 Last Checked: Oct 7 at 5:06PM
MLS# HK2603305

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 1,600-square-foot duplex is under construction with a 2026 year built. Unit A provides three bedrooms and two bathrooms, including a primary suite with a walk-in closet and private en-suite bath. The kitchen is appointed with granite countertops, tile backsplash, and stainless steel appliances. Additional features include laminate flooring, forced-air heating, central air, a covered front porch, a side patio, an attached storage unit, and a two-car attached garage.

The property includes two separated driveways and is served by public water. Located at 158A Shirley Boulevard in Vine Grove, Kentucky, the exterior is planned with a shingle roof and the interior includes ceiling fans and smoke detectors.

Key Highlights

  • 1,600 square feet with a 2026 year built
  • Unit A includes 3 bedrooms and 2 bathrooms
  • 2 car attached garage plus rear attached storage unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$13,789
Cap Rate
4.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$275,780 $275.8K
Cap Rate 7%
$196,986 $197.0K
Cap Rate 9%
$153,211 $153.2K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$20.7K $12.96/SF
− Vacancy
−$1.0K −$0.65/SF
EGI
$19.7K $12.31/SF
− OpEx
−$5.9K −$3.69/SF
NOI
$13.8K $8.62/SF
Area
Hardin County, KY
Vacancy
5.00%
Lease Rate
$12.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$275,780
Cap Rate 7%
$196,986
Cap Rate 9%
$153,211

Alternative Uses

Best Use
Multifamily LT 5
$197.0K
$172.4K – $229.8K (±1% cap)
NOI $13,789 @ 7.0% cap · market cap 4.75%
Second Best
Apartment 5plus
$183.0K
$160.1K – $213.5K (±1% cap)
NOI $12,808 @ 7.0% cap · market cap 4.42%
Theoretical Best
Office A
$289.6K
$253.4K – $337.9K (±1% cap)
NOI $20,275 @ 7.0% cap · market cap 6.99%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Big Box & Wholesale Store Spa & Massage Center Auto Parts Store

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

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

177
Businesses Nearby

Demographics for 40175, KY

15,338
Population
6,630
Households
2.3
Avg Household Size
39
Median Age
27%
College-Educated
95%
High-School Grad
80.7 sq mi
ZIP Area
190
Density / Sq Mi
$75,156
Median Household Income
$40,292
Median Earnings
$1,258
Median Rent
$205,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Duplex - Unit A combines three bedrooms, two baths, an attached two-car garage, and useful outdoor space.
Where is this duplex located?
The property is located at 158A Shirley Boulevard Vine Grove, KY.
What is the asking price?
The asking price for this property is $290,000.
What are key features of this property?
This property features: 1,600 square feet with a 2026 year built; Unit A includes 3 bedrooms and 2 bathrooms; 2 car attached garage plus rear attached storage unit
More about this property
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