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Brick Duplex with Two Garages
For Sale
$780,000

395 Wildcat Trce, Paducah, KY 42003

Two self-contained residences offer flexible living arrangements, private outdoor areas, and dedicated garage space on a landscaped corner lot.

Property Size3,224 SF
Price / SF$241.94
Days on Market32

Property Features for 395 Wildcat Trce

General Information

Standard status Active
Size 3,224 SF
Total Parking Spaces 2
Property subtype Multi-Family

Units

Unit Mix 2 x 3BR/2BA
Multifamily Units 2
Parking per Unit 1

Amenities

golf-cart access to Rolling Hills Country Club
granite countertops
9-foot ceilings
split-bedroom layout
sunrooms
private courtyards
underground irrigation system
covered front porches

Building Details

Year Built 2005
Buildings 1
Construction brick
Listing Agency: Moore Real Estate Company
Listed By: Leslie Haywood-Moore
Source: Centralkyhomesforsale
Added: Jul 29 Changed: Aug 28 Last Checked: Aug 26 at 8:58AM

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 Moore Real Estate Company

Investment Insights

Based on property information with market context.

Built in 2005, this legally configured duplex contains two separate residences within one all-brick building. Each side provides approximately 1,612 square feet with three bedrooms, two full bathrooms, granite countertops, nine-foot ceilings, and a split-bedroom plan. Bright rear sunrooms, private courtyards, and extended-length one-car garages with overhead storage add functional space to both units.

The property occupies a professionally landscaped corner lot in the Bent Creek subdivision, with an underground irrigation system, deep covered front porches, and a park-like side yard. Golf-cart access to Rolling Hills Country Club provides a direct connection to the surrounding recreational setting. The two-residence layout supports multigenerational living, a separate caregiver or office arrangement, or occupancy of one side while leasing the other.

Key Highlights

  • Two‑residence duplex with 3,224 square feet total
  • Each residence measures approximately 1,612 square feet with 3 bedrooms and 2 full baths
  • Two extended‑length one‑car garages with overhead storage

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$29,097
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.73%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$581,940 $581.9K
Cap Rate 7%
$415,671 $415.7K
Cap Rate 9%
$323,300 $323.3K
Market Conditions
NOI Build-Up for 3,224 SF 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.
Gross rent
$45.3K $14.04/SF
− Vacancy
−$3.7K −$1.15/SF
EGI
$41.6K $12.89/SF
− OpEx
−$12.5K −$3.87/SF
NOI
$29.1K $9.03/SF
Area
McCracken County, KY
Vacancy
8.17%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$581,940
Cap Rate 7%
$415,671
Cap Rate 9%
$323,300

Alternative Uses

Best Use
Multifamily LT 5
$415.7K
$363.7K – $485.0K (±1% cap)
NOI $29,097 @ 7.0% cap · market cap 3.73%
Second Best
Apartment 5plus
$377.9K
$330.6K – $440.8K (±1% cap)
NOI $26,450 @ 7.0% cap · market cap 3.39%
Theoretical Best
Warehouse
$671.7K
$587.8K – $783.7K (±1% cap)
NOI $47,022 @ 7.0% cap · market cap 6.03%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Building Supply Auto Repair Shop Auto Parts Store Real Estate Agency HVAC Service Law Firm

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

99
Businesses Nearby

Demographics for 42003, KY

28,592
Population
14,132
Households
2
Avg Household Size
43
Median Age
22%
College-Educated
92%
High-School Grad
69.0 sq mi
ZIP Area
414
Density / Sq Mi
$54,052
Median Household Income
$33,566
Median Earnings
$696
Median Rent
$160,700
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
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Frequently Asked Questions

What type of property is this?
Duplex - Two self-contained residences offer flexible living arrangements, private outdoor areas, and dedicated garage space on a landscaped corner lot.
Where is this duplex located?
The property is located at 395 Wildcat Trce Paducah, KY.
What is the asking price?
The asking price for this property is $780,000.
What are key features of this property?
This property features: Two‑residence duplex with 3,224 square feet total; Each residence measures approximately 1,612 square feet with 3 bedrooms and 2 full baths; Two extended‑length one‑car garages with overhead storage
More about this property
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