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    Louisville Duplex: Investor's Dream Title is generated by Realmo AI

    4143 W Market St, Louisville, KY 40212

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    Claim this Listing
    For Sale
    $175,000

    MULTI_FAMILY - Louisville, KY

    Property size:
    1,663 SF
    Lot size:
    0.11 Acres
    Price / SF:
    $105/SF
    Added:
    Apr 21, 2026
    Days on Market:
    53
    Last Refresh:
    Jun 12 at 3:06 am

    Property Features for 4143 W Market St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bedroom 2, Bedroom 4, Bathroom 2, Bedroom 3, Bedroom 1, Bathroom 1
    Patio and Porch features
    Porch
    Standard status
    Active
    APN
    009H00040000
    Size
    1,663 SF
    Lot size
    0.11 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1912
    Floors in Building
    2
    Number of units
    2
    Building materials
    Vinyl Siding, Wood Frame
    Roof type
    Composition, Shingle

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    Listing Contact
    Rebecca L O'Toole

    Listing agent Rebecca L O'Toole

    Listing office Homepage Realty 8002 New LaGrange Rd, Louisville, KY

    Listing date Apr 21, 2026

    MLS# 1715054 Listing URL

    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

    • Duplex built in 1912 with vinyl siding and wood‑frame construction
    • Two 2‑bedroom, 1‑bath units in the duplex
    • Public water and public sewer available
    • Central air and forced‑air heating
    • Composition/shingle roof
    • Each unit includes a porch and offers bedroom and bathroom space as listed (1 bedroom set per unit)

    Overview

    This well-maintained duplex in Louisville, Kentucky, presents an investment opportunity. The property features two spacious 2-bedroom, 1-bath units, each designed for comfortable living. Both units have received thoughtful modern updates while maintaining their classic charm, creating a warm and welcoming feel for tenants. Each unit boasts convenient living spaces, efficient kitchens, and ample closets. Situated on a 0.11-acre lot, the property encompasses 1663 square feet. The property has been fully rented with reliable, long-term tenants, providing immediate income for the next owner. This duplex delivers strong rental history, minimal upkeep, and consistent cash flow.

    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 $21.2k $12.72
    − Vacancy −$1.2k −$0.70
    EGI $20.0k $12.02
    − OpEx −$6.0k −$3.61
    NOI $14.0k $8.41
    1,663 SF · lease $12.72/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $199.9K
    $174.9K – $233.2K (±1% cap)
    NOI $13,993 @ 7.0% cap · market cap 8.00%
    Second Best
    Apartment 5plus
    $161.7K
    $141.5K – $188.6K (±1% cap)
    NOI $11,318 @ 7.0% cap · market cap 6.47%
    Theoretical Best
    Office A
    $431.0K
    $377.2K – $502.9K (±1% cap)
    NOI $30,173 @ 7.0% cap · market cap 17.24%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Louisville
    County
    Jefferson
    State
    Kentucky
    Longitude
    -85.817749
    Latitude
    38.263362

    FAQs

    What type of property is this?
    Duplex - Well-maintained duplex with modern updates and reliable tenants in Louisville.
    Where is this duplex located?
    The property is located at 4143 W Market St Louisville, KY.
    What is the asking price?
    The asking price for this property is $175,000.
    What are key features of this property?
    This property features: Duplex built in 1912 with vinyl siding and wood‑frame construction; Two 2‑bedroom, 1‑bath units in the duplex; Public water and public sewer available
    More about this property
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