Duplex Residence with Screened
237B Harmony Way, Elizabethtown, KY 42701
For Sale
$328,900
Pending
Residential/Farm, Duplex, Elizabethtown, KY
Property Size1,453 SF
Lot Size0.13 Acres
Days on Market112
Property Features for 237B Harmony Way
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Window features
Patio and Porch features
Interior features
Exterior features
Appliances
Subdivision
Lot features
Directions
Standard status
Size
Lot size
Utilities
Heating system
Cooling system
Building Details
Year built
Flooring type
Roof type
Architectural style
Buildings
Listing Agency:
United Real Estate Louisville - Elizabethtown
(270) 279-6647
Listed By:
Toni J Davenport
(270) 735-1168
Added: Jul 21
Changed: Nov 7
Last Checked: Nov 9 at 7:06PM
MLS# HK2603057
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.
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Investment Insights
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This 1,453-square-foot duplex residence was built in 2018 and includes two bedrooms and two full bathrooms. The open-plan interior has hardwood flooring, nine-foot ceilings, and a kitchen with granite countertops, stainless steel appliances, and ample cabinetry. The primary bedroom has a walk-in closet and private bath; the second bathroom includes a walk-in tub. A screened porch looks onto trees and green space, and the 0.13-acre property also has landscaping and a covered patio.
Key Highlights
- 1,453‑square‑foot duplex residence built in 2018
- Two bedrooms and two full bathrooms
- Open‑plan interior with hardwood flooring and nine‑foot ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,523
Cap Rate
3.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$250,460
$250.5K
Cap Rate 7%
$178,900
$178.9K
Cap Rate 9%
$139,144
$139.1K
Market Conditions
NOI Build-Up for 1,453 SF
Gross rent
$18.8K $12.96/SF
− Vacancy
−$942 −$0.65/SF
EGI
$17.9K $12.31/SF
− OpEx
−$5.4K −$3.69/SF
NOI
$12.5K $8.62/SF
Area
Hardin County, KY
Vacancy
5.00%
Lease Rate
$12.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$250,460
Cap Rate 7%
$178,900
Cap Rate 9%
$139,144
Alternative Uses
Best Use
Multifamily LT 5
$178.9K
$156.5K – $208.7K
NOI $12,523 @ 7.0% cap · market cap 3.81%
Second Best
Apartment 5plus
$166.2K
$145.4K – $193.9K
NOI $11,631 @ 7.0% cap · market cap 3.54%
Theoretical Best
Office A
$263.0K
$230.2K – $306.9K
NOI $18,412 @ 7.0% cap · market cap 5.60%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
245
Businesses Nearby
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Business Placement
Demographics for 42701, KY
52,731
Population
23,565
Households
2.2
Avg Household Size
40
Median Age
28%
College-Educated
94%
High-School Grad
161.8 sq mi
ZIP Area
326
Density / Sq Mi
$68,715
Median Household Income
$44,251
Median Earnings
$902
Median Rent
$235,500
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Hardin County, KY
Properties on Market for Duplexes in Hardin County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - A 2018 home pairs hardwood floors with a kitchen featuring granite counters and stainless steel appliances.
Where is this duplex located?
The property is located at 237B Harmony Way Elizabethtown, KY.
What is the asking price?
The asking price for this property is $328,900.
What are key features of this property?
This property features: 1,453‑square‑foot duplex residence built in 2018; Two bedrooms and two full bathrooms; Open‑plan interior with hardwood flooring and nine‑foot ceilings
