Turn-Key Duplex with Dual
2312 Dundee Rd Louisville, KY 40205
New
For Sale
$360,000
MULTI_FAMILY - Louisville, KY
Property Size2,085 SF
Price / SF$172.66
Days on Market5
Property Features for 2312 Dundee Rd
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 4, Bedroom 2, Bathroom 1, Basement, Bedroom 1, Bedroom 5, Bedroom 3
- Patio and Porch features
- Deck, Porch
- Exterior features
- Balcony
- Standard status
- Active
- APN
- 10079D00260000
- Size
- 2,085 SF
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Forced Air
- Cooling system
- Wall/Window Unit(s), Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1915
- Number of units
- 2
- Building materials
- Vinyl Siding, Stone
- Roof type
- Asphalt
Listing Agency:
RE/MAX Premier Properties
(502) 384-5944
Listed By:
Kevin W Lewis · License #239746
(502) 384-5944
Added: Jul 20
Changed: Jul 21
Last Checked: Jul 24 at 1:06PM
MLS# 1723958
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 turn-key duplex features two self-contained units. The first-floor unit includes two bedrooms, one full bathroom, a kitchen, in-unit laundry, and a spacious private rear deck. The second-floor unit includes one full bathroom, a kitchen, in-unit laundry, and a rear balcony, with the layout able to function as either a two- or three-bedroom space. Both units have hardwood floors throughout, and the property includes a rear parking pad for off-street parking for both units.
Located in Louisville, Kentucky, at 2312 Dundee Rd (40205) in Jefferson County, the property’s stone front, classic archways, and large covered front balcony are designed for strong street appeal.
The building configuration is purpose-built for separate occupancy, with dedicated kitchens, in-unit laundry, and defined outdoor areas for each level.
Located in Louisville, Kentucky, at 2312 Dundee Rd (40205) in Jefferson County, the property’s stone front, classic archways, and large covered front balcony are designed for strong street appeal.
The building configuration is purpose-built for separate occupancy, with dedicated kitchens, in-unit laundry, and defined outdoor areas for each level.
Key Highlights
- Two self‑contained units in a Highlands duplex built in 1915
- First‑floor unit: 2 bedrooms, 1 full bath, kitchen, in‑unit laundry, plus a spacious private rear deck
- Second‑floor unit: 1 full bath, kitchen, in‑unit laundry, and a rear balcony; can function as a 2 or 3 bedroom space
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 | $26.5k | $12.72 |
| − Vacancy | −$1.5k | −$0.70 |
| EGI | $25.1k | $12.02 |
| − OpEx | −$7.5k | −$3.61 |
| NOI | $17.5k | $8.41 |
2,085 SF · lease $12.72/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$250.6K
$219.3K – $292.4K
NOI $17,544 @ 7.0% cap · market cap 4.87%
Second Best
Apartment 5plus
$202.7K
$177.4K – $236.5K
NOI $14,190 @ 7.0% cap · market cap 3.94%
Theoretical Best
Office A
$540.4K
$472.9K – $630.5K
NOI $37,830 @ 7.0% cap · market cap 10.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Duplex offers two self-contained units with in-unit laundry, hardwood floors, and rear outdoor space plus a parking pad.
Where is this duplex located?
The property is located at 2312 Dundee Rd Louisville, KY.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: Two self‑contained units in a Highlands duplex built in 1915; First‑floor unit: 2 bedrooms, 1 full bath, kitchen, in‑unit laundry, plus a spacious private rear deck; Second‑floor unit: 1 full bath, kitchen, in‑unit laundry, and a rear balcony; can function as a 2 or 3 bedroom space
