Duplex with
For Sale
$175,000
1031-1033 Euclid Ave, Louisville, KY 40208
Multi Family, Louisville, KY
Property Size2,048 SF
Price / SF$85.45
Days on Market82
Property Features for 1031-1033 Euclid Ave
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 2, Bedroom 4
Patio and Porch features
Porch
Subdivision
UNION LAND CO
Lot features
Corner Lot
Directions
From I-264, take Exit 10 for 3rd St/Southern Pkwy. Head north on Southern Pkwy, continue onto 3rd St, then turn left onto Euclid Ave. Property is at 1031 Euclid Ave.
Standard status
Active
APN
11063C00320000
Size
2,048 SF
Additional Details
Tenant in Place
Yes
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Water source
Public
Building Details
Year built
1915
Number of units
2
Building materials
Vinyl Siding
Roof type
Asphalt
Architectural style
Other
Listing Agency:
Keller Williams Collective · Keller Williams Realty
(502) 554-9500
Listed By:
Leah Plush
(502) 492-3370
Added: Aug 17
Changed: Nov 3
Last Checked: Nov 6 at 2:06PM
MLS# 1726510
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.
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Investment Insights
Based on property information with market context.
This 2,048-square-foot duplex at 1031–1033 Euclid Avenue in Louisville was built in 1915. The property has four bedrooms and two bathrooms, vinyl siding, an asphalt roof, and a porch. Heating is provided by a forced-air system fueled by natural gas, with public water and sewer service.
Key Highlights
- 2,048 square feet across a duplex property
- Four bedrooms and two bathrooms
- Built in 1915
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,938
Cap Rate
7.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$278,760
$278.8K
Cap Rate 7%
$199,114
$199.1K
Cap Rate 9%
$154,867
$154.9K
Market Conditions
NOI Build-Up for 2,048 SF
Gross rent
$26.8K $13.08/SF
− Vacancy
−$1.4K −$0.71/SF
EGI
$25.3K $12.37/SF
− OpEx
−$11.4K −$5.57/SF
NOI
$13.9K $6.81/SF
Area
Louisville, KY
Vacancy
5.40%
Lease Rate
$13.08 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$278,760
Cap Rate 7%
$199,114
Cap Rate 9%
$154,867
Alternative Uses
Best Use
Multifamily LT 5
$246.2K
$215.4K – $287.2K
NOI $17,232 @ 7.0% cap · market cap 9.85%
Second Best
Apartment 5plus
$199.1K
$174.2K – $232.3K
NOI $13,938 @ 7.0% cap · market cap 7.96%
Theoretical Best
Office A
$530.8K
$464.5K – $619.3K
NOI $37,159 @ 7.0% cap · market cap 21.23%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
564
Businesses Nearby
Explore this area
Business Placement
Demographics for 40208, KY
17,048
Population
6,675
Households
2.6
Avg Household Size
27
Median Age
34%
College-Educated
88%
High-School Grad
2.6 sq mi
ZIP Area
6,557
Density / Sq Mi
$37,714
Median Household Income
$17,255
Median Earnings
$914
Median Rent
$153,100
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Louisville, KY
Properties on Market for Duplexes in Louisville
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - The two-unit residential property has four bedrooms and two bathrooms.
Where is this duplex located?
The property is located at 1031-1033 Euclid Ave Louisville, KY.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: 2,048 square feet across a duplex property; Four bedrooms and two bathrooms; Built in 1915
