Duplex with Covered Front
For Sale
$235,000
Pending
108 Mohawk Ave, Louisville, KY 40214
Multi Family, Louisville, KY
Property Size1,370 SF
Lot Size0.11 Acres
Days on Market92
Property Features for 108 Mohawk Ave
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 1, Bathroom 4, Basement, Bedroom 4, Bathroom 1, Bathroom 3, Bedroom 3, Bedroom 2, Bathroom 2
Subdivision
MERIDALE
Directions
Watterson Expressway to S 3rd St, left on W Wampum Ave, left on S 1st St, right on Mohawk Ave
Standard status
Pending
APN
12057H00060000
Size
1,370 SF
Lot size
0.11 Acres
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Water source
Public
Amenities
covered front porch
off-street parking
laundry hook-ups
basement storage
Building Details
Year built
1925
Number of units
2
Building materials
Block, Brick
Roof type
Shingle
Architectural style
Other
Buildings
1
Listing Agency:
RE/MAX Premier Properties · RE/MAX International
Listed By:
Jay Pitts
(502) 384-5944
Added: Jul 29
Changed: Oct 27
Last Checked: Oct 28 at 11:06PM
MLS# 1724752
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,370-square-foot duplex contains two residences, each with two bedrooms and 1.5 bathrooms. One bedroom is on the main level and the other upstairs. Both units have laundry hookups and basement storage, and the property includes a covered front porch and off-street parking. Built in 1925, the building sits on a 0.11-acre lot.
Updates completed within the last 2 years include AC units, a roof, a gas line and water system, electrical work, and a basement drainage system around the building. Unit-specific improvements include a water heater and microwave in unit 2, plus a washer and dryer in unit 1. A concrete walkway and light fixtures were also replaced. The property has forced-air, natural-gas heating, central air, public water, and public sewer. Access to the Watterson Expressway and nearby dining, shopping, and entertainment is noted.
Updates completed within the last 2 years include AC units, a roof, a gas line and water system, electrical work, and a basement drainage system around the building. Unit-specific improvements include a water heater and microwave in unit 2, plus a washer and dryer in unit 1. A concrete walkway and light fixtures were also replaced. The property has forced-air, natural-gas heating, central air, public water, and public sewer. Access to the Watterson Expressway and nearby dining, shopping, and entertainment is noted.
Key Highlights
- Two residences, each with 2 bedrooms and 1.5 bathrooms
- 1,370 square feet on a 0.11‑acre lot
- Covered front porch and off‑street parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,224
Cap Rate
5.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$264,480
$264.5K
Cap Rate 7%
$188,914
$188.9K
Cap Rate 9%
$146,933
$146.9K
Market Conditions
NOI Build-Up for 1,370 SF
Gross rent
$20.6K $15.00/SF
− Vacancy
−$1.7K −$1.21/SF
EGI
$18.9K $13.79/SF
− OpEx
−$5.7K −$4.14/SF
NOI
$13.2K $9.65/SF
Area
ZIP 40214
Vacancy
8.07%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$264,480
Cap Rate 7%
$188,914
Cap Rate 9%
$146,933
Alternative Uses
Best Use
Multifamily LT 5
$188.9K
$165.3K – $220.4K
NOI $13,224 @ 7.0% cap · market cap 5.63%
Second Best
Apartment 5plus
$171.4K
$150.0K – $199.9K
NOI $11,996 @ 7.0% cap · market cap 5.10%
Theoretical Best
Office A
$328.3K
$287.2K – $383.0K
NOI $22,979 @ 7.0% cap · market cap 9.78%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
451
Businesses Nearby
Explore this area
Business Placement
Demographics for 40214, KY
46,220
Population
20,459
Households
2.3
Avg Household Size
37
Median Age
23%
College-Educated
85%
High-School Grad
15.0 sq mi
ZIP Area
3,081
Density / Sq Mi
$53,563
Median Household Income
$37,121
Median Earnings
$950
Median Rent
$176,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two separately arranged residences include basement storage and laundry hookups, with off-street parking serving the property.
Where is this duplex located?
The property is located at 108 Mohawk Ave Louisville, KY.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1.5 bathrooms; 1,370 square feet on a 0.11‑acre lot; Covered front porch and off‑street parking
