Duplex with
For Sale
$285,000
113 E St Catherine, Louisville, KY 40203
Multi Family, Louisville, KY
Property Size3,101 SF
Lot Size0.00 Acres
Price / SF$91.91
Days on Market8
Property Features for 113 E St Catherine
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 1, Bedroom 3, Bedroom 4, Bedroom 6, Bedroom 5, Bedroom 2, Bathroom 2, Dining Room, Basement
Patio and Porch features
Porch, Patio, Deck
Exterior features
Balcony
Subdivision
OLD LOUISVILLE
Directions
65 closed. 1st Street to St. Catherine
Standard status
Active
APN
030G00540000
Size
3,101 SF
Lot size
0.00 Acres
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Electric (Heating)
Cooling system
Central Air
Water source
Public
Amenities
shared fenced back yard
balcony
Building Details
Year built
1900
Number of units
2
Building materials
Brick
Roof type
Shingle, Flat
Architectural style
Other
Listing Agency:
United Real Estate Louisville
(502) 509-4498
Listed By:
Barbara E Jones
(502) 544-5749
Added: Sep 30
Changed: Oct 2
Last Checked: Oct 7 at 12:06PM
MLS# 1730509
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 3,101-square-foot brick duplex, built in 1900, has two separate residences. Unit #1 was renovated in 2020 and features high ceilings, refinished wood floors, a kitchen with granite countertops and a gas range, and two bedrooms. Unit #2 spans three stories and includes a living room, dining room, kitchen, and a balcony. The property has central air conditioning and forced-air electric heat, with public water and sewer service. A new roof was installed in 2025.
The residences share a fenced backyard. An 8-space parking pad is located in the alley just off the backyard; the pad is city-owned. The property is near UofL, a bus line, and an expressway.
The residences share a fenced backyard. An 8-space parking pad is located in the alley just off the backyard; the pad is city-owned. The property is near UofL, a bus line, and an expressway.
Key Highlights
- 3,101 square feet in a brick duplex built in 1900
- Unit #1 renovated in 2020 with refinished wood floors, granite kitchen countertops, and a gas range
- Three‑story Unit #2 includes a balcony
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,093
Cap Rate
9.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$521,860
$521.9K
Cap Rate 7%
$372,757
$372.8K
Cap Rate 9%
$289,922
$289.9K
Market Conditions
NOI Build-Up for 3,101 SF
Gross rent
$39.4K $12.72/SF
− Vacancy
−$2.2K −$0.70/SF
EGI
$37.3K $12.02/SF
− OpEx
−$11.2K −$3.61/SF
NOI
$26.1K $8.41/SF
Area
Louisville, KY
Vacancy
5.50%
Lease Rate
$12.72 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$521,860
Cap Rate 7%
$372,757
Cap Rate 9%
$289,922
Alternative Uses
Best Use
Multifamily LT 5
$372.8K
$326.2K – $434.9K
NOI $26,093 @ 7.0% cap · market cap 9.16%
Second Best
Apartment 5plus
$301.5K
$263.8K – $351.7K
NOI $21,104 @ 7.0% cap · market cap 7.40%
Theoretical Best
Office A
$803.8K
$703.3K – $937.8K
NOI $56,265 @ 7.0% cap · market cap 19.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,808
Businesses Nearby
Explore this area
Business Placement
Demographics for 40203, KY
16,801
Population
10,754
Households
1.6
Avg Household Size
37
Median Age
22%
College-Educated
86%
High-School Grad
2.9 sq mi
ZIP Area
5,793
Density / Sq Mi
$31,430
Median Household Income
$32,581
Median Earnings
$828
Median Rent
$179,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two distinct living spaces share a fenced backyard, with an additional balcony serving one residence.
Where is this duplex located?
The property is located at 113 E St Catherine Louisville, KY.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: 3,101 square feet in a brick duplex built in 1900; Unit #1 renovated in 2020 with refinished wood floors, granite kitchen countertops, and a gas range; Three‑story Unit #2 includes a balcony
