Fully Renovated Duplex
For Sale
Contact for pricing
1110 Logan St, Louisville, KY 40204
Two-story Class A mixed-use duplex with ground-floor retail/office and two furnished apartments, completed in 2023.
Property Size3,432 SF
Lot Size0.17 Acres
Price / SF$247.67
Days on Market117
Property Features for 1110 Logan St
General Information
Standard status
Active
Size
3,432 SF
Class
Class A
Total Parking Spaces
10
Lot size
0.17 Acres
Property subtype
RETAIL
Zoning
C-2
Occupancy
100%
Net Operating Income
$79,416
Financials
Asking Price
$850,000
Cap Rate
9.34%
Additional Details
Office Units
1
Building Details
Year Built
1950
Year Renovated
2023
Buildings
1
Stories
2
Tenancy
Multi
Owner Occupied
No
Abandoned
No
Listing Agency:
EXP Realty LLC
(888) 624-6448
Listed By:
Stephanie L Gilezan · License ##56013
(502) 817-6484
Source:
Moodyscre
Added: Jun 19
Changed: Oct 13
Last Checked: Oct 12 at 7:49PM
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 EXP Realty LLC
Investment Insights
Based on property information with market context.
A fully renovated two-story Class A duplex-style mixed-use building completed down to the studs in 2023. The property totals 3,432 SF and combines flexible ground-floor retail/office space with an upper-level residential component. The ground floor is leased on a four-year term ending March 2029. Upstairs includes two separately metered, fully furnished 1-bedroom, 1-bathroom apartments.
Apartment 1 lease ends December 31, 2026, and Apartment 2 lease ends May 2027. The building sits on a 0.17-acre lot (7,187 SF) zoned C-2, with STR (short-term rental) eligibility noted for verification by the buyer. On-site parking includes a 10-space gated parking lot. The original construction dates to 1950, with the full renovation completed in 2023.
The property is directly across from Louisville’s Logan Street Market, described as the city’s only public market and an anchor for Shelby Park’s transformation, featuring 30+ independent businesses, an on-site brewery, and weekly events. A 9.34% cap rate is provided in the public remarks.
Apartment 1 lease ends December 31, 2026, and Apartment 2 lease ends May 2027. The building sits on a 0.17-acre lot (7,187 SF) zoned C-2, with STR (short-term rental) eligibility noted for verification by the buyer. On-site parking includes a 10-space gated parking lot. The original construction dates to 1950, with the full renovation completed in 2023.
The property is directly across from Louisville’s Logan Street Market, described as the city’s only public market and an anchor for Shelby Park’s transformation, featuring 30+ independent businesses, an on-site brewery, and weekly events. A 9.34% cap rate is provided in the public remarks.
Key Highlights
- Two‑story Class A mixed‑use duplex, fully renovated in 2023, totaling 3,432 SF
- Ground‑floor retail/office leased on a four‑year term ending March 2029
- Upper level has two furnished 1BR/1BA apartments, separately metered
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,324
Cap Rate
5.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$886,480
$886.5K
Cap Rate 7%
$633,200
$633.2K
Cap Rate 9%
$492,489
$492.5K
Market Conditions
NOI Build-Up for 3,432 SF
Gross rent
$72.1K $21.00/SF
− Vacancy
−$13.0K −$3.78/SF
EGI
$59.1K $17.22/SF
− OpEx
−$14.8K −$4.31/SF
NOI
$44.3K $12.92/SF
Area
Louisville, KY
Vacancy
18.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$886,480
Cap Rate 7%
$633,200
Cap Rate 9%
$492,489
Alternative Uses
Best Use
Office B
$633.2K
$554.1K – $738.7K
NOI $44,324 @ 7.0% cap · market cap 5.21%
Second Best
Retail
$565.3K
$494.6K – $659.5K
NOI $39,568 @ 7.0% cap · market cap 4.66%
Theoretical Best
Office A
$889.6K
$778.4K – $1.04M
NOI $62,270 @ 7.0% cap · market cap 7.33%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
1
Office units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,157
Businesses Nearby
Explore this area
Business Placement
Demographics for 40204, KY
14,600
Population
8,759
Households
1.7
Avg Household Size
38
Median Age
63%
College-Educated
97%
High-School Grad
3.2 sq mi
ZIP Area
4,563
Density / Sq Mi
$70,706
Median Household Income
$50,246
Median Earnings
$1,225
Median Rent
$314,700
Median Home Value
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Market
Vacancy Rate% for Office in Louisville, KY
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Frequently Asked Questions
What type of property is this?
Duplex - Two-story Class A mixed-use duplex with ground-floor retail/office and two furnished apartments, completed in 2023.
Where is this duplex located?
The property is located at 1110 Logan St Louisville, KY.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Two‑story Class A mixed‑use duplex, fully renovated in 2023, totaling 3,432 SF; Ground‑floor retail/office leased on a four‑year term ending March 2029; Upper level has two furnished 1BR/1BA apartments, separately metered
