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Duplex with Enclosed Rear Porch
For Sale
$259,000

109A Mt Vernon Court, Elizabethtown, KY 42701

Residential/Farm, Duplex, Elizabethtown, KY

Property Size1,297 SF
Lot Size0.17 Acres
Price / SF$199.69
Days on Market48

Property Features for 109A Mt Vernon Court

General Information

Property type Residential
Property subtype Duplex
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bedroom 2, Bedroom 1, Bathroom 1
Patio and Porch features Patio, Porch
Interior features Walk-in Closet(s)
Exterior features Covered Front Porch, Enclosed Patio
Subdivision Freeman Green
Lot features Cul-de- Sac, Subdivision
Directions N. MANTLE TO WASHINGTON STREET, CONTINUE TO MT. VERNON COURT,
Standard status Active
Size 1,297 SF
Lot size 0.17 Acres

Utilities

Utilities Natural Gas Available
Heating system Forced Air
Cooling system Central Air

Amenities

enclosed porch
garage

Building Details

Year built 1988
Flooring type Laminate
Roof type Shingle
Architectural style Other
Listing Agency: BEST REALTY
Listed By: Kent Gibson
Added: Aug 21 Changed: Sep 13 Last Checked: Oct 7 at 5:06PM
MLS# HK2603567

Copyright © 2026 Heart of Kentucky 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 duplex offers 1,297 square feet on a 0.17-acre lot in Elizabethtown. The home includes two bedrooms, two full baths, a living area, and a dining area, with laminate flooring and newer vinyl plank flooring across much of the interior. A walk-in closet adds storage, while the enclosed 8-by-18-foot rear porch has glass sliding windows. Additional exterior features include a covered front porch, patio, and garage.

Built in 1988, the property has central air conditioning, forced-air heating, a shingle roof, and natural gas availability. Its Elizabethtown location places the duplex within the 42701 postal area.

Key Highlights

  • Duplex with 1,297 square feet on a 0.17‑acre lot
  • Two bedrooms and two full baths
  • Enclosed 8‑by‑18‑foot rear porch with glass sliding windows

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$11,178
Cap Rate
4.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$223,560 $223.6K
Cap Rate 7%
$159,686 $159.7K
Cap Rate 9%
$124,200 $124.2K
Market Conditions
NOI Build-Up for 1,297 SF
Gross rent
$16.8K $12.96/SF
− Vacancy
−$840 −$0.65/SF
EGI
$16.0K $12.31/SF
− OpEx
−$4.8K −$3.69/SF
NOI
$11.2K $8.62/SF
Area
Hardin County, KY
Vacancy
5.00%
Lease Rate
$12.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$223,560
Cap Rate 7%
$159,686
Cap Rate 9%
$124,200

Alternative Uses

Best Use
Multifamily LT 5
$159.7K
$139.7K – $186.3K (±1% cap)
NOI $11,178 @ 7.0% cap · market cap 4.32%
Second Best
Apartment 5plus
$148.3K
$129.8K – $173.0K (±1% cap)
NOI $10,382 @ 7.0% cap · market cap 4.01%
Theoretical Best
Office A
$234.8K
$205.5K – $273.9K (±1% cap)
NOI $16,436 @ 7.0% cap · market cap 6.35%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Locksmith Catering Service Florist

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

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

984
Businesses Nearby

Demographics for 42701, KY

52,731
Population
23,565
Households
2.2
Avg Household Size
40
Median Age
28%
College-Educated
94%
High-School Grad
161.8 sq mi
ZIP Area
326
Density / Sq Mi
$68,715
Median Household Income
$44,251
Median Earnings
$902
Median Rent
$235,500
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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - 1988 property with central air, forced-air heating, garage, and two bedrooms with two full baths.
Where is this duplex located?
The property is located at 109A Mt Vernon Court Elizabethtown, KY.
What is the asking price?
The asking price for this property is $259,000.
What are key features of this property?
This property features: Duplex with 1,297 square feet on a 0.17‑acre lot; Two bedrooms and two full baths; Enclosed 8‑by‑18‑foot rear porch with glass sliding windows
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