4141 W Market St, Louisville, KY 40212
MULTI_FAMILY - Bungalow - Louisville, KY
- Added:
- Apr 21, 2026
- Days on Market:
- 79
- Last Refresh:
- Jul 8 at 3:06 am
Property Features for 4141 W Market St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bedroom 2, Bedroom 4, Bathroom 2, Bedroom 3, Bedroom 1
- Patio and Porch features
- Porch
- Standard status
- Active
- APN
- 009H00050000
- Size
- 1,543 SF
- Lot size
- 0.10 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1920
- Number of units
- 2
- Building materials
- Vinyl Siding, Wood Frame
- Roof type
- Composition, Shingle
- Architectural style
- Bungalow
Listing agent Rebecca L O'Toole (502) 974-0510
Listing office Homepage Realty 8002 New LaGrange Rd, Louisville, KY (502) 690-6685
Listing date Apr 21, 2026
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.
HighLights
- 1920 bungalow‑style duplex with two 2‑bedroom, 1‑bath units
- Both units are fully updated and currently fully rented with long‑term tenants
- Public utilities: public water and public sewer
- Forced‑air heating and central air conditioning
- Vinyl siding with wood‑frame construction
- Composition shingle roof and includes a porch
Overview
The property is located at 4141 W Market St in Louisville, KY 40212, in Jefferson County. It is presented as fully rented, with tenants currently in place. A 72-hour notice is required to schedule showings.
For buyers seeking a duplex with two distinct residential units, this configuration provides an income-producing ownership structure from day one, based on the seller’s statement that the property is already occupied. The combination of updated interiors and established rental arrangement may appeal to investors who want less near-term turnover risk and practical day-to-day management. Prospective purchasers should plan for viewing with the required notice and review the current lease situation and unit conditions during due diligence.
Local 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 | $19.6k | $12.72 |
| − Vacancy | −$1.1k | −$0.70 |
| EGI | $18.5k | $12.02 |
| − OpEx | −$5.6k | −$3.61 |
| NOI | $13.0k | $8.41 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Louisville
- County
- Jefferson
- State
- Kentucky
- Longitude
- -85.817629
- Latitude
- 38.263336
