Updated Brick
New
For Sale
$299,000
Pending
202-202 1/2 Pocahontas Trail, Georgetown, KY 40324
Residential, Georgetown, KY
Property Size1,828 SF
Lot Size0.38 Acres
Days on Market4
Property Features for 202-202 1/2 Pocahontas Trail
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Laundry Room, Bedroom 3, Bathroom 1, Bedroom 4, Bedroom 2, Dining Room, Bedroom 1, Utility Room
Parking features
Driveway, Off Street
Window features
Insulated Windows, Blinds, Screens
Interior features
Eat-in Kitchen, Primary First Floor
Appliances
Refrigerator, Range
Subdivision
Indian Acres
Lot features
Landscaped, Few Trees
Elementary school
Southern
Middle school
Georgetown
High school
Great Crossing
Elementary school district
Scott County - 5
Middle school district
Scott County - 5
High school district
Scott County - 5
Directions
N Broadway to Pocahontas
Standard status
Pending
APN
167-30-160.000
Size
1,828 SF
Lot size
0.38 Acres
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Electric
Water source
Public
Building Details
Year built
1979
Floors in Building
1
Flooring type
Hardwood, Vinyl
Building materials
Brick
Listing Agency:
RE/MAX Creative Realty · RE/MAX International
(502) 570-5800
Listed By:
Melissa Winchell
(859) 608-8778
Added: Aug 19
Changed: Aug 21
Last Checked: Aug 22 at 6:06PM
MLS# 26022613
Copyright © 2026 ImagineMLS. 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 1,828-square-foot duplex, built in 1979, is situated on a 0.38-acre lot in Georgetown’s established Pocahontas Trail subdivision. The all-brick property includes two units with hardwood and vinyl flooring, updated kitchens and windows, newer roofing, and an attached storage room for each side.
Interior features include eat-in kitchens, first-floor primary bedrooms, laundry and utility rooms, refrigerators, and ranges. Each unit is supported by forced-air heating, electric cooling, a driveway, and off-street parking. Public water and public sewer serve the property, with cable available. The address is 202-202 1/2 Pocahontas Trail, Georgetown, KY 40324.
Interior features include eat-in kitchens, first-floor primary bedrooms, laundry and utility rooms, refrigerators, and ranges. Each unit is supported by forced-air heating, electric cooling, a driveway, and off-street parking. Public water and public sewer serve the property, with cable available. The address is 202-202 1/2 Pocahontas Trail, Georgetown, KY 40324.
Key Highlights
- 1,828 SF duplex on a 0.38‑acre lot
- All‑brick construction with a newer roof
- Updated kitchens and windows in both units
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$15,596
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.22%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$311,920
$311.9K
Cap Rate 7%
$222,800
$222.8K
Cap Rate 9%
$173,289
$173.3K
Market Conditions
NOI Build-Up for 1,828 SF
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.
Gross rent
$23.3K $12.72/SF
− Vacancy
−$972 −$0.53/SF
EGI
$22.3K $12.19/SF
− OpEx
−$6.7K −$3.66/SF
NOI
$15.6K $8.53/SF
Area
Scott County, KY
Vacancy
4.18%
Lease Rate
$12.72 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$311,920
Cap Rate 7%
$222,800
Cap Rate 9%
$173,289
Alternative Uses
Best Use
Multifamily LT 5
$222.8K
$195.0K – $259.9K
NOI $15,596 @ 7.0% cap · market cap 5.22%
Second Best
Apartment 5plus
$199.4K
$174.5K – $232.6K
NOI $13,956 @ 7.0% cap · market cap 4.67%
Theoretical Best
Office A
$463.3K
$405.4K – $540.5K
NOI $32,430 @ 7.0% cap · market cap 10.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
364
Businesses Nearby
Explore this area
Business Placement
Demographics for 40324, KY
51,035
Population
20,570
Households
2.5
Avg Household Size
35
Median Age
34%
College-Educated
94%
High-School Grad
155.1 sq mi
ZIP Area
329
Density / Sq Mi
$83,012
Median Household Income
$47,619
Median Earnings
$1,188
Median Rent
$262,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - All-brick construction pairs updated kitchens and windows with attached storage for each unit.
Where is this duplex located?
The property is located at 202-202 1/2 Pocahontas Trail Georgetown, KY.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 1,828 SF duplex on a 0.38‑acre lot; All‑brick construction with a newer roof; Updated kitchens and windows in both units
