Duplex with Screened-In
148 Applewood Lane Elizabethtown, KY 42701
148 Applewood Lane, Elizabethtown, KY, 42701
$226,000
For Sale
$226,000
SINGLE_FAMILY - Elizabethtown, KY
Property Size1,192 SF
Lot Size0.35 Acres
Price / SF$189.60
Days on Market13
Property Features for 148 Applewood Lane
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 1
- Patio and Porch features
- Patio
- Interior features
- Ceiling Fan(s), Closet Light(s), Vaulted Ceiling(s), Walk-in Closet(s)
- Exterior features
- Concrete Walks, Enclosed Patio, Landscaping, Mature Trees, Storage Shed
- Standard status
- Active
- Size
- 1,192 SF
- Lot size
- 0.35 Acres
Utilities
- Heating system
- Heat Pump (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 2007
- Flooring type
- Carpet, Vinyl
- Roof type
- Shingle
- Architectural style
- Ranch, Other
- Additional Structures
- Storage
Listing Agency
Elyon Realty
(270) 300-5221
305 W Main Street, Vine Grove, KY
Listed by
Jadelene Flynn
(270) 300-5221
Added: Jul 6 Checked: Jul 18 at 1:06 am
MLS# HK2602808
Listing URL
Copyright © 2026 Heart of Kentucky 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 well-maintained duplex offers 2 bedrooms and 2 bathrooms with a bright, open-concept layout. Interior highlights include vaulted ceilings, abundant natural light, and updated flooring. The living area flows into the dining room and kitchen, where there is ample cabinetry, generous counter space, and a breakfast bar. The spacious primary suite includes a private bath and a large closet, and the second bedroom offers flexibility for guests or additional living space.
Outside, the property features a screened-in porch overlooking an oversized backyard, along with a storage shed for lawn equipment, tools, or seasonal items. The home is positioned minutes from Fort Knox, Radcliff, and Downtown Elizabethtown, and is described as being near shopping, dining, schools, and parks, as well as major commuter routes.
Overall, the home is presented as move-in ready with a functional duplex configuration and outdoor space suited for everyday use.
Outside, the property features a screened-in porch overlooking an oversized backyard, along with a storage shed for lawn equipment, tools, or seasonal items. The home is positioned minutes from Fort Knox, Radcliff, and Downtown Elizabethtown, and is described as being near shopping, dining, schools, and parks, as well as major commuter routes.
Overall, the home is presented as move-in ready with a functional duplex configuration and outdoor space suited for everyday use.
Key Highlights
- 2007‑built 2‑bedroom, 2‑bath duplex with ranch architecture
- Bright open‑concept layout with vaulted ceilings and updated flooring (carpet and vinyl)
- Primary suite includes a private bath and a large walk‑in closet
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 | $15.4k | $12.96 |
| − Vacancy | −$772 | −$0.65 |
| EGI | $14.7k | $12.31 |
| − OpEx | −$4.4k | −$3.69 |
| NOI | $10.3k | $8.62 |
1,192 SF · lease $12.96/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$146.8K
$128.4K – $171.2K
NOI $10,273 @ 7.0% cap · market cap 4.55%
Second Best
Apartment 5plus
$136.3K
$119.3K – $159.0K
NOI $9,542 @ 7.0% cap · market cap 4.22%
Theoretical Best
Office A
$215.8K
$188.8K – $251.8K
NOI $15,105 @ 7.0% cap · market cap 6.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Well-maintained 2-bedroom, 2-bath duplex with open-concept living and a screened-in porch overlooking an oversized backyard.
Where is this duplex located?
The property is located at 148 Applewood Lane Elizabethtown, KY.
What is the asking price?
The asking price for this property is $226,000.
What are key features of this property?
This property features: 2007‑built 2‑bedroom, 2‑bath duplex with ranch architecture; Bright open‑concept layout with vaulted ceilings and updated flooring (carpet and vinyl); Primary suite includes a private bath and a large walk‑in closet
