Renovated Mixed-Use Triplex
1110 Logan St Louisville, KY 40204
New
For Sale
$850,000
MULTI_FAMILY - Contemporary - Louisville, KY
Property Size3,625 SF
Lot Size0.17 Acres
Price / SF$234.48
Days on Market4
Property Features for 1110 Logan St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Bedrooms
- 2
- Bathrooms
- 4
- Rooms
- Bedroom 1, Bathroom 3, Bathroom 1, Bathroom 4, Bathroom 2, Bedroom 2
- Patio and Porch features
- Porch, Deck
- Standard status
- Active
- APN
- 09025A00430000
- Size
- 3,625 SF
- Lot size
- 0.17 Acres
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1950
- Number of units
- 3
- Building materials
- Aluminum Siding
- Roof type
- Shingle
- Architectural style
- Contemporary
Listing Agency:
EXP Realty LLC
(888) 624-6448
Listed By:
Stephanie L Gilezan · License #199560
(502) 817-6484
Added: Jul 20
Changed: Jul 22
Last Checked: Jul 23 at 4:06PM
MLS# 1724023
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.
Investment Insights
Based on property information with market context.
This fully renovated, income-producing 3-unit mixed-use building offers a turnkey setup with three fully occupied units. The ground-floor commercial space is leased for $3,500 per month (no annual increases) through March 2029. The two upper units are furnished 1BR/1BA residences leased at $2,000 per month each, totaling $4,000 per month combined.
The property is separately metered and described as having minimal near-term capex. It is zoned C-2, with the listing noting STR eligibility subject to buyer verification. Located at 1110 Logan St in Louisville, the building sits directly across from Logan Street Market.
The asset is set on a 0.17-acre lot and includes 10 off-street parking spaces. Financials and leases are available upon request; tenants are not to be disturbed.
The property is separately metered and described as having minimal near-term capex. It is zoned C-2, with the listing noting STR eligibility subject to buyer verification. Located at 1110 Logan St in Louisville, the building sits directly across from Logan Street Market.
The asset is set on a 0.17-acre lot and includes 10 off-street parking spaces. Financials and leases are available upon request; tenants are not to be disturbed.
Key Highlights
- Fully renovated, income‑producing 3‑unit mixed‑use building with three fully occupied units
- Total rent $7,500/month ($90,000 annually): $3,500/month ground‑floor commercial lease through March 2029 and $2,000/month per furnished 1BR/1BA unit
- Ground‑floor commercial lease is separate and separately metered
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 | $46.1k | $12.72 |
| − Vacancy | −$2.5k | −$0.70 |
| EGI | $43.6k | $12.02 |
| − OpEx | −$13.1k | −$3.61 |
| NOI | $30.5k | $8.41 |
3,625 SF · lease $12.72/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$435.7K
$381.3K – $508.4K
NOI $30,502 @ 7.0% cap · market cap 3.59%
Second Best
Apartment 5plus
$352.4K
$308.4K – $411.2K
NOI $24,670 @ 7.0% cap · market cap 2.90%
Theoretical Best
Office A
$939.6K
$822.2K – $1.10M
NOI $65,772 @ 7.0% cap · market cap 7.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
The Capsule
Clothing & Fashion Store
FAQs
What type of property is this?
Triplex - Three fully occupied units include a ground-floor commercial lease plus two furnished residences, separately metered with 10 off-street spaces.
Where is this triplex 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: Fully renovated, income‑producing 3‑unit mixed‑use building with three fully occupied units; Total rent $7,500/month ($90,000 annually): $3,500/month ground‑floor commercial lease through March 2029 and $2,000/month per furnished 1BR/1BA unit; Ground‑floor commercial lease is separate and separately metered
