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New Construction Duplex Townhomes

Vine Grove, KY 40175 Vine Grove, KY 40175

Vine Grove, KY, 40175
$590,000
For Sale
$590,000

MULTI_FAMILY - Ranch - Vine Grove, KY

Property Size3,200 SF
Lot Size0.40 Acres
Price / SF$184.38
Days on Market201

Property Features

General Information

Property type
Residential Multi Family
Property subtype
Single Family Residence
Property condition
Under Construction
Bedrooms
6
Bathrooms
4
Rooms
Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 6, Bedroom 4, Bedroom 5, Bathroom 2, Bathroom 3, Bathroom 1, Bathroom 4
Patio and Porch features
Deck
Standard status
Active
Size
3,200 SF
Lot size
0.40 Acres

Utilities

Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Central Air
Water source
Public

Building Details

Year built
2025
Number of units
2
Building materials
Vinyl Siding, Brick Veneer, Brick
Roof type
Shingle
Architectural style
Ranch
Listing agency Keller Williams Collective
Listed by Chelsea Wood
Added: Jan 1 Updated: Jul 7 at 3:47PM Checked: Jul 21 at 7:06PM
MLS# 1705973

Copyright © 2026 Greater Louisville 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 newly constructed duplex features two mirror-image townhome units, each with three bedrooms, two bathrooms, and a two-car attached garage. Unit A and Unit B are designed with separation between driveways, and the property includes an attached storage unit in the back. Inside, the kitchens include granite countertops, a tile backsplash, and stainless steel appliances. The primary bedroom offers a walk-in closet and a private en-suite bathroom. Each unit also has a side patio deck that provides outdoor space.

The property is located in Vine Grove, Kentucky 40175, in Hardin County. The layout supports independent access through two large, separated driveways, which can be beneficial for day-to-day operations.

This duplex is well suited for buyers seeking a residential income setup with two fully built, matching units. With attached two-car garages, modern kitchen finishes, and similar interior layouts across both units, it offers consistency for tenant use and maintenance planning. The separate driveways and enclosed storage component in the rear add practical convenience for occupants.

Key Highlights

  • New construction townhome (Unit A and Unit B), each with 3 bedrooms and 2 bathrooms
  • Each unit includes a 2‑car attached garage and two large, separated driveways
  • Kitchen includes granite countertops, tile backsplash, and stainless steel appliances

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $41.5k $12.96
− Vacancy −$2.1k −$0.65
EGI $39.4k $12.31
− OpEx −$11.8k −$3.69
NOI $27.6k $8.62
3,200 SF · lease $12.96/SF/yr · vacancy 5.00% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$394.0K
$344.7K – $459.7K (±1% cap)
NOI $27,579 @ 7.0% cap · market cap 4.67%
Second Best
Apartment 5plus
$365.9K
$320.2K – $426.9K (±1% cap)
NOI $25,615 @ 7.0% cap · market cap 4.34%
Theoretical Best
Office A
$579.3K
$506.9K – $675.8K (±1% cap)
NOI $40,550 @ 7.0% cap · market cap 6.87%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

FAQs

What type of property is this?
Duplex - Two mirror-image 3-bedroom, 2-bath homes with attached garages and separate driveways.
Where is this duplex located?
The property is located at Vine Grove, KY.
What is the asking price?
The asking price for this property is $590,000.
What are key features of this property?
This property features: New construction townhome (Unit A and Unit B), each with 3 bedrooms and 2 bathrooms; Each unit includes a 2‑car attached garage and two large, separated driveways; Kitchen includes granite countertops, tile backsplash, and stainless steel appliances
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More about this property
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