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Brick Duplex Portfolio with 10 Units
For Sale
$1,349,900

187-243 Fugate Lane, Shepherdsville, KY 40165

MULTI_FAMILY - Shepherdsville, KY

Property SizeContact for details
Lot Size1.54 Acres
Days on Market173

Property Features for 187-243 Fugate Lane

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 3, Bathroom 2, Bathroom 4, Bathroom 1, Bedroom 3, Bedroom 4, Bedroom 2, Bedroom 1
Elementary school Bullitt County
Middle school Bullitt County
High school Bullitt County
Directions Head West off I-65 exit 117. Fugate lane is on your left. Within 5 minutes of Exit 117.
Subdivision Bullitt County
Standard status Active
Lot size 1.54 Acres

Building Details

Year built 2005
Number of units 10
Roof type Shingle
Listing Agency: Crye-Leike Executive Realty
Listed By: Zack Puckett · License #251796
Added: Feb 19 Changed: Aug 10 Last Checked: Aug 11 at 10:06PM
MLS# RA20260907

Copyright © 2026 REALTOR® Association of Southern Kentucky, Inc. 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 10-unit multifamily package includes three single-level duplex buildings and one 4plex, for a total of ten 2-bedroom, 2-bathroom units. The duplex units feature private driveways and generous yard space. All buildings are all-brick construction, with shingle roofs installed approximately 2 years ago to help minimize near-term capital expenses.

The property sits on 1.54 acres in Shepherdsville within the growing Bullitt County corridor. It offers quick access to I-65 and is a short drive to Louisville, supporting steady rental demand in the area.

Constructed in 2005, the portfolio is presented as a cohesive package at 187-243 Fugate Lane, Shepherdsville, KY 40165.

Key Highlights

  • Ten 2‑bedroom, 2‑bathroom units across three single‑level duplex buildings plus one 4plex
  • Three duplex buildings and one 4plex total 10 units
  • All‑brick construction throughout

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Building Supply HVAC Service Restaurant Kitchen & Bath Showroom Grocery & Convenience 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

10
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

96
Businesses Nearby

Demographics for 40165, KY

36,161
Population
15,622
Households
2.3
Avg Household Size
40
Median Age
18%
College-Educated
89%
High-School Grad
113.2 sq mi
ZIP Area
319
Density / Sq Mi
$77,083
Median Household Income
$41,914
Median Earnings
$939
Median Rent
$242,700
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?
Duplex - All-brick duplex portfolio with private driveways, generous yards, and shingle roofs replaced about two years ago.
Where is this duplex located?
The property is located at 187-243 Fugate Lane Shepherdsville, KY.
What is the asking price?
The asking price for this property is $1,349,900.
What are key features of this property?
This property features: Ten 2‑bedroom, 2‑bathroom units across three single‑level duplex buildings plus one 4plex; Three duplex buildings and one 4plex total 10 units; All‑brick construction throughout
More about this property
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