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    Two-Unit Duplex with Garages Title is generated by Realmo AI

    1128-1130 Dale Drive, Winchester, KY 40391

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    Claim this Listing
    For Sale
    $249,900

    MULTI_FAMILY - Winchester, KY

    Property size:
    2,072 SF
    Lot size:
    0.15 Acres
    Price / SF:
    $120/SF
    Added:
    Jan 14, 2026
    Days on Market:
    150
    Last Refresh:
    Jun 13 at 6:06 am

    Property Features for 1128-1130 Dale Drive

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    3
    Rooms
    Bathroom 3, Bathroom 1, Bedroom 2, Bedroom 4, Bathroom 2, Bathroom 4, Bedroom 3, Bedroom 1
    Parking
    5
    Standard status
    Active
    APN
    043-1005-018-00
    Size
    2,072 SF
    Lot size
    0.15 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Window Unit(s)

    Building Details

    Year built
    1980
    Floors in Building
    2
    Number of units
    2
    Roof type
    Shingle

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    Listing Contact
    Brian T Hatfield

    Listing agent Brian T Hatfield License #193737

    Listing office Coldwell Banker McMahan 2350 Regency Road, Ste C, Richmond, KY

    Listing date Jan 14, 2026

    MLS# 26000922 Listing URL

    Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Duplex sold together: two units with separate living layouts
    • Each unit features a vaulted great room open to the kitchen
    • Each unit includes 2 bedrooms and 1.5 baths plus a laundry room
    • Each side has a 1‑car garage
    • Private, tree‑lined backyard space for the side
    • 1130 has a new HVAC; home includes natural gas forced‑air heat and shingle roof

    Overview

    This for-sale duplex consists of two units being sold together. Each side offers a vaulted great room that opens to the kitchen, along with two bedrooms and 1.5 baths. A dedicated laundry room is included in each unit, and each side also has its own 1-car garage. The property includes a private backyard area for the side, with lots of trees.

    The duplex is located at 1128-1130 Dale Drive in Winchester, Kentucky 40391, within Clark County. The listing is offered as-is, with inspections welcome.

    For buyers seeking a multi-unit residential income asset, the layout provides functional, similar floorplans on both sides, which can simplify management and leasing. The presence of in-unit laundry space and a garage per unit are practical amenities for tenants. The listing also notes that unit 1130 has a new HVAC system, which may be a positive consideration during ownership transition. As-is sale terms apply.

    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 $26.4k $12.72
    − Vacancy −$1.1k −$0.53
    EGI $25.3k $12.19
    − OpEx −$7.6k −$3.66
    NOI $17.7k $8.53
    2,072 SF · lease $12.72/SF/yr · vacancy 4.18% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $252.5K
    $221.0K – $294.6K (±1% cap)
    NOI $17,678 @ 7.0% cap · market cap 7.07%
    Second Best
    Apartment 5plus
    $226.0K
    $197.7K – $263.7K (±1% cap)
    NOI $15,819 @ 7.0% cap · market cap 6.33%
    Theoretical Best
    Office A
    $525.1K
    $459.5K – $612.7K (±1% cap)
    NOI $36,759 @ 7.0% cap · market cap 14.71%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Winchester
    County
    Clark
    State
    Kentucky
    Longitude
    -84.209637
    Latitude
    37.997252

    FAQs

    What type of property is this?
    Duplex - Duplex sold together, featuring two bedrooms, 1.5 baths, laundry space, and a 1-car garage per unit.
    Where is this duplex located?
    The property is located at 1128-1130 Dale Drive Winchester, KY.
    What is the asking price?
    The asking price for this property is $249,900.
    What are key features of this property?
    This property features: Duplex sold together: two units with separate living layouts; Each unit features a vaulted great room open to the kitchen; Each unit includes 2 bedrooms and 1.5 baths plus a laundry room
    More about this property
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