1108 Queen Ave, Louisville, KY 40215
MULTI_FAMILY - Other - Louisville, KY
- Added:
- Jan 5, 2026
- Days on Market:
- 160
- Last Refresh:
- Jun 14 at 5:06 pm
Property Features for 1108 Queen Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Dining Room, Bathroom 2, Bedroom 2, Bedroom 1, Bathroom 1
- Patio and Porch features
- Porch, Deck
- Standard status
- Active
- APN
- 11051D01570000
- Size
- 1,710 SF
- Lot size
- 0.10 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1907
- Number of units
- 2
- Building materials
- Vinyl Siding, Wood Frame, Aluminum Siding
- Roof type
- Asphalt, Shingle
- Architectural style
- Other
- Additional Structures
- Outbuilding
Listing agent Jay Pitts License #63303 (502) 384-5944
Listing office RE/MAX Premier Properties 10605 Shelbyville Road, Louisville, KY (502) 384-5944
Listing date Jan 5, 2026
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.
HighLights
- Furnished 2‑unit duplex, each unit is a 1 bed/1 bath home
- Both units have separate HVAC and are separately metered
- Covered front porch and covered back patio that extends to most of the back yard, plus off‑street parking
- Privacy‑fenced back yard and separate patio areas for each unit
- Updates include AC replaced in April 20025 and water heater replaced in 2023
- Built in 1907; public water and public sewer; heating is forced air natural gas and cooling is central air
Overview
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 | $21.8k | $12.72 |
| − Vacancy | −$1.2k | −$0.70 |
| EGI | $20.6k | $12.02 |
| − OpEx | −$6.2k | −$3.61 |
| NOI | $14.4k | $8.41 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Louisville
- County
- Jefferson
- State
- Kentucky
- Longitude
- -85.779291
- Latitude
- 38.201566
