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Two-Unit Duplex Property
New
For Sale
$149,900

1006/1008 Locust St, Owensboro, KY 42301

Two detached rental homes share one parcel with central air, off-street parking, and alley access.

Property SizeContact for details
Days on Market6

Property Features for 1006/1008 Locust St

General Information

Standard status Active
Property subtype Multi-Family

Building Details

Year Built 1936
Listing Agency: L. Steve Castlen, Realtors
Listed By: Supreme Dream Realty LLC
Source: Supremedreamrealty
Added: Sep 22 Changed: Sep 26 Last Checked: Sep 26 at 6:40AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of L. Steve Castlen, Realtors

Investment Insights

Based on property information with market context.

This duplex property comprises two detached homes on a single lot. Each residence offers one bedroom, one full bathroom, and central air conditioning, with off-street parking and access from the alley. Both homes are currently rented and must be transferred together.

The property is located in downtown Owensboro and carries Light Industrial zoning with grandfathered residential use. The improvements date to 1936. Traditional residential mortgage financing is not available; commercial loan preapproval is required for all showings.

Key Highlights

  • Two detached homes on one lot
  • Each home has 1 bedroom and 1 full bathroom
  • Central air conditioning in both homes

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Carpet & Flooring Store Locksmith (Bike/Boat/Book/etc) Store Pet Grooming Service Florist Acupuncture

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

Location Intelligence

Trade Area within ½ mile

1,033
Businesses Nearby

Demographics for 42301, KY

44,883
Population
19,833
Households
2.3
Avg Household Size
39
Median Age
26%
College-Educated
91%
High-School Grad
173.0 sq mi
ZIP Area
259
Density / Sq Mi
$62,010
Median Household Income
$37,305
Median Earnings
$883
Median Rent
$180,600
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 - Two detached rental homes share one parcel with central air, off-street parking, and alley access.
Where is this duplex located?
The property is located at 1006/1008 Locust St Owensboro, KY.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: Two detached homes on one lot; Each home has 1 bedroom and 1 full bathroom; Central air conditioning in both homes
More about this property
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