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Renovated Duplex with Separate Systems
New
For Sale
$180,000

2711 Rodman St, Louisville, KY 40208

MULTI_FAMILY - Shotgun - Louisville, KY

Property Size1,363 SF
Lot Size0.07 Acres
Price / SF$132.06
Days on Market4

Property Features for 2711 Rodman St

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 2, Bathroom 1
Patio and Porch features Patio, Porch
Subdivision HOBLITZELLS SOU LOU ADD
Lot features Sidewalk
Directions Head south on Taylor Blvd, then turn left onto Rodman St. Property will be on the left.
Standard status Active
APN 11050E01380000
Size 1,363 SF
Lot size 0.07 Acres

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1905
Number of units 2
Building materials Vinyl Siding, Wood Frame
Roof type Shingle
Architectural style Shotgun
Listing Agency: United Real Estate Louisville
Listed By: Kelcie Hornback
Added: Jul 28 Changed: Jul 30 Last Checked: Jul 31 at 5:06AM
MLS# 1724610

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 fully renovated duplex includes two separately metered living spaces, each with its own HVAC system and separate utility services. Updated interiors are in place, creating two independent residences under one property.

The property is located at 2711 Rodman St in Louisville, KY (Jefferson County), 40208. Tenants are expected to pay all utilities. Buyer to verify zoning, intended use, and all rental information.

Based on the provided market-rent projection, the property’s projected gross rental income is approximately $1,900 per month. Owner financing is available, according to the listing remarks.

Key Highlights

  • Fully renovated investment property with two separately metered living spaces
  • Each living space has separate HVAC systems and separate utility services
  • Projected gross rental income of approximately $1,900/month based on market rents

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 $17.3k $12.72
− Vacancy −$954 −$0.70
EGI $16.4k $12.02
− OpEx −$4.9k −$3.61
NOI $11.5k $8.41
1,363 SF · lease $12.72/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$163.8K
$143.4K – $191.2K (±1% cap)
NOI $11,469 @ 7.0% cap · market cap 6.37%
Second Best
Apartment 5plus
$132.5K
$116.0K – $154.6K (±1% cap)
NOI $9,276 @ 7.0% cap · market cap 5.15%
Theoretical Best
Office A
$353.3K
$309.1K – $412.2K (±1% cap)
NOI $24,730 @ 7.0% cap · market cap 13.74%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Hair Salon Law Firm Real Estate Agency Electrical Service Dental Office (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

773
Businesses Nearby

Demographics for 40208, KY

17,048
Population
6,675
Households
2.6
Avg Household Size
27
Median Age
34%
College-Educated
88%
High-School Grad
2.6 sq mi
ZIP Area
6,557
Density / Sq Mi
$37,714
Median Household Income
$17,255
Median Earnings
$914
Median Rent
$153,100
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Fully renovated duplex offers two separately metered living spaces with separate HVAC systems and utility services.
Where is this duplex located?
The property is located at 2711 Rodman St Louisville, KY.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: Fully renovated investment property with two separately metered living spaces; Each living space has separate HVAC systems and separate utility services; Projected gross rental income of approximately $1,900/month based on market rents
More about this property
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