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    237 Highway Ave Ludlow, KY 41016

    For Sale
    $260,000

    MULTI_FAMILY - Ludlow, KY

    Property size:
    1,426 SF
    Lot size:
    0.16 Acres
    Days on Market:
    30
    Last Refresh:
    Dec 5 at 7:06 pm

    Property Features for 237 Highway Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Window features
    Wood Frames, Vinyl Frames
    Rooms
    Bedroom 4, Bedroom 2, Bedroom 3, Bathroom 1, Bedroom 1, Basement, Bathroom 2
    Bedrooms
    4
    Bathrooms
    2
    APN
    040-12-01-002.00
    Parking features
    On Street
    Patio and Porch features
    Patio, Porch
    Fireplace
    1
    Basement
    Full
    Appliances
    Electric Range, Electric Oven, Dryer, Refrigerator, Washer
    Size
    1,426 SF
    Lot size
    0.16 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Cooling system
    Window Unit(s)
    Water source
    Public

    Building Details

    Floors in Building
    2
    Number of units
    2
    Building materials
    Aluminum Siding, Vinyl Siding
    Roof type
    Shingle

    eXp Realty (188) 862-4644 [email protected]

    Listing agent Patricia Fouts (888) 624-6448 License #215980

    Listing date Nov 6, 2025

    MLS# 637764 Listing URL

    Copyright © 2025 Northern Kentucky MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Updated Duplex in Ludlow, KY

    This well-maintained duplex in Ludlow, Kentucky, presents an investor opportunity. Both units are tenant-occupied with long-term leases, ensuring immediate cash flow. The property has been recently updated, featuring modern finishes and separate washer and dryer for each apartment in the basement. A new sewer lateral line has been installed, and some gas lines were replaced due to leaking, with gas lines pressure tested after repairs. Some electrical outlets were replaced, and new electric was installed for the washer, dryer, and lighting in the basement. Permits were pulled, and work was done by a licensed plumber and electrician. Also, fascia and gutter repairs, power washed exterior, some exterior panels replaced, repaired windows, painted exterior, poured new concrete pad and new sidewalk on the side of the house, rerouted sub pump discharge away from the house, re-tucking chimney and exterior, added flashing to chimney. Both units have newer appliances, including a stove, fridge, washer, dryer, and two AC window units per unit. The property is located minutes from downtown Cincinnati, parks, and local amenities. Ludlow offers an eclectic mix of businesses that blend historic architecture with creative, locally-driven retail. The property size is 1426 square feet, situated on a lot of 0.16 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ludlow
    County
    Kenton
    State
    Kentucky
    Longitude
    -84.54121
    Latitude
    39.091538

    Nearby Similar for Sale

    • $1,250,000
      5,800 SF

      High-Visibility Commercial Property in Ludlow

      Versatile commercial property with high traffic and modern features.
      132 Elm St, Ludlow, KY 41016
      View Details

    FAQs

    What type of property is this?
    Duplex - Well-maintained duplex with long-term tenants and recent updates.
    Where is this duplex located?
    The property is located at 237 Highway Ave Ludlow, KY.
    What is the asking price?
    The asking price for this property is $260,000.
    What are key features of this property?
    This property features: - Tenant-occupied duplex with long-term leases provides immediate cash flow.; - Recently updated with modern finishes, including separate washer and dryer for each unit.; - Significant maintenance updates completed by licensed professionals: new sewer lateral line, gas line repairs, electrical upgrades, chimney repairs, and exterior improvements.
    (888) 624-6448
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    237 Highway Ave Ludlow, KY 41016
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