Two-Unit Duplex with Private
New
For Sale
$139,000
2014 Bank St, Louisville, KY 40203
Multi Family, Louisville, KY
Property Size1,543 SF
Lot Size0.10 Acres
Price / SF$90.08
Days on Market2
Property Features for 2014 Bank St
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 2, Bathroom 2, Bathroom 1
Patio and Porch features
Porch, Patio
Subdivision
PORTLAND
Directions
I-64 West to N 22nd St (Hwy 150 East) then left on Bank St - property on right
Standard status
Active
APN
004K00960000
Size
1,543 SF
Lot size
0.10 Acres
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Electric (Heating)
Cooling system
Central Air
Water source
Public
Amenities
private entrances
off-street parking
Building Details
Year built
1900
Number of units
2
Building materials
Wood Frame, Brick
Roof type
Shingle
Listing Agency:
Homepage Realty
(502) 690-6685
Listed By:
Laura Wheeler
(205) 901-7801
Added: Nov 3
Last Checked: Nov 4 at 8:06AM
MLS# 1733613
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.
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Investment Insights
Based on property information with market context.
This 1,543-square-foot duplex contains two separate residences, one on each level. Each unit has one bedroom, one bathroom, a kitchen, and a private entrance. The property was built in 1900 and has wood-frame and brick construction, central air, and natural gas and electric heating.
Outdoor features include a porch, patio, and rear off-street parking, with street parking also available. Public water and sewer serve the property.
Outdoor features include a porch, patio, and rear off-street parking, with street parking also available. Public water and sewer serve the property.
Key Highlights
- Two units: one upstairs and one downstairs
- Each residence has one bedroom, one bathroom, a kitchen, and its own entrance
- 1,543 square feet on a 0.1‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,501
Cap Rate
7.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$210,020
$210.0K
Cap Rate 7%
$150,014
$150.0K
Cap Rate 9%
$116,678
$116.7K
Market Conditions
NOI Build-Up for 1,543 SF
Gross rent
$20.2K $13.08/SF
− Vacancy
−$1.1K −$0.71/SF
EGI
$19.1K $12.37/SF
− OpEx
−$8.6K −$5.57/SF
NOI
$10.5K $6.81/SF
Area
Louisville, KY
Vacancy
5.40%
Lease Rate
$13.08 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$210,020
Cap Rate 7%
$150,014
Cap Rate 9%
$116,678
Alternative Uses
Best Use
Multifamily LT 5
$185.5K
$162.3K – $216.4K
NOI $12,983 @ 7.0% cap · market cap 9.34%
Second Best
Apartment 5plus
$150.0K
$131.3K – $175.0K
NOI $10,501 @ 7.0% cap · market cap 7.55%
Theoretical Best
Office A
$399.9K
$350.0K – $466.6K
NOI $27,996 @ 7.0% cap · market cap 20.14%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
745
Businesses Nearby
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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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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two one-bedroom residences each include a full bathroom and a kitchen.
Where is this duplex located?
The property is located at 2014 Bank St Louisville, KY.
What is the asking price?
The asking price for this property is $139,000.
What are key features of this property?
This property features: Two units: one upstairs and one downstairs; Each residence has one bedroom, one bathroom, a kitchen, and its own entrance; 1,543 square feet on a 0.1‑acre lot
