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Two-Unit Duplex with Garage
New
For Sale
$60,000

312 Chapel St, Falmouth, KY 41040

Two independently entered residences are paired with a detached garage and require comprehensive renovation.

Property SizeContact for details
Days on Market2

Property Features for 312 Chapel St

General Information

Standard status Active
Total Parking Spaces 3
Property subtype Multi-Family

Property Condition

Severity Major Repairs Needed
Evidence Fire damage

Units

Unit Mix 2 x 3BR/1.5BA
Multifamily Units 2
Listing Agency: Keller Williams Realty Service
Listed By: Camilyn Feliciano Diodonet · License #282200
Source: Lovdalgroup
Added: Sep 16 Changed: Sep 17 Last Checked: Sep 16 at 7:30PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Service

Investment Insights

Based on property information with market context.

This two-unit duplex contains matching three-bedroom, one-and-a-half-bath layouts, with each residence arranged as an independent living space and served by its own entrance. A detached garage with capacity for three vehicles is located behind the main structure.

The property has fire damage and requires a full renovation. It is offered in its current condition, with sale terms limited to cash or a rehab loan. The property is located at 312 Chapel St in Falmouth, KY 41040.

Key Highlights

  • Two‑unit duplex with two 3‑bedroom, 1.5‑bath layouts
  • Separate entrances provide independent access to each unit
  • Detached 3‑car garage included

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office (Bike/Boat/Book/etc) Store Bakery Building Supply Storage Facility

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

247
Businesses Nearby

Demographics for 41040, KY

7,403
Population
3,385
Households
2.2
Avg Household Size
41
Median Age
13%
College-Educated
80%
High-School Grad
149.4 sq mi
ZIP Area
50
Density / Sq Mi
$51,511
Median Household Income
$39,525
Median Earnings
$862
Median Rent
$142,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two independently entered residences are paired with a detached garage and require comprehensive renovation.
Where is this duplex located?
The property is located at 312 Chapel St Falmouth, KY.
What is the asking price?
The asking price for this property is $60,000.
What are key features of this property?
This property features: Two‑unit duplex with two 3‑bedroom, 1.5‑bath layouts; Separate entrances provide independent access to each unit; Detached 3‑car garage included
More about this property
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