Corner Lot Duplex with Two Units

444 N 28th St Louisville, KY 40212

Claim this Listing
New
For Sale
$175,000

MULTI_FAMILY - Other - Louisville, KY

Property size:
1,440 SF
Lot size:
0.06 Acres
Price / SF:
$121/SF
Added:
Jul 7, 2026
Days on Market:
6
Last Refresh:
Jul 12 at 7:06 am

Property Features for 444 N 28th St

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
2
Bathrooms
2
Rooms
Bathroom 2, Bedroom 1, Bedroom 2, Basement, Bathroom 1
Standard status
Active
APN
02004F01110000
Size
1,440 SF
Lot size
0.06 Acres

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas, Electric (Heating)
Cooling system
Central Air
Water source
Public

Building Details

Year built
1900
Number of units
2
Building materials
Vinyl Siding, Wood Frame
Roof type
Shingle
Architectural style
Other

Listing agent Jay Pitts License #63303

Listing office RE/MAX Premier Properties 10605 Shelbyville Road, Louisville, KY

Listing date Jul 7, 2026

MLS# 1722554 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.


Investment Insights

Based on property information with market context.

This duplex contains two separate 1 bedroom, 1 bathroom units, each fully furnished and currently vacant. The property sits on a corner lot and includes a fenced yard. The main entrance is the front door, and each unit also has its own secure interior entrance. Unit 1 is located on the main floor, while Unit 2 is upstairs.

The duplex is located at 444 N 28th St in Louisville, KY 40212, in Jefferson County. The subject site is a small lot, totaling 0.06 acres, and the corner-lot configuration supports the fenced outdoor space.

For tenants and operators, the unit-by-unit layout and separate secure entrances provide practical privacy within a compact two-unit investment. For buyers, the property is positioned as an easy-to-deploy rental option since both units are already furnished and ready to lease. It may also appeal to an owner-occupant who wants to live in one unit while renting the other, given the defined unit locations and separate internal access.

Key Highlights

  • Duplex with 2 separate 1 bed, 1 bath units on a corner lot with a fenced yard
  • Each unit is fully furnished and vacant, ready for mid‑term and long‑term rentals
  • Unit 1 located on the main floor; unit 2 located upstairs, each with its own secure interior entrance

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 $18.3k $12.72
− Vacancy −$1.0k −$0.70
EGI $17.3k $12.02
− OpEx −$5.2k −$3.61
NOI $12.1k $8.41
1,440 SF · lease $12.72/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$173.1K
$151.5K – $202.0K (±1% cap)
NOI $12,117 @ 7.0% cap · market cap 6.92%
Second Best
Apartment 5plus
$140.0K
$122.5K – $163.3K (±1% cap)
NOI $9,800 @ 7.0% cap · market cap 5.60%
Theoretical Best
Office A
$373.2K
$326.6K – $435.5K (±1% cap)
NOI $26,127 @ 7.0% cap · market cap 14.93%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Spa & Massage Center Skin Care Clinic Accounting Firm Hair Salon Bakery Gym & Fitness Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Duplex - Two furnished 1 bed/1 bath units with private interior entry, ready for rental occupancy.
Where is this duplex located?
The property is located at 444 N 28th 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 with 2 separate 1 bed, 1 bath units on a corner lot with a fenced yard; Each unit is fully furnished and vacant, ready for mid‑term and long‑term rentals; Unit 1 located on the main floor; unit 2 located upstairs, each with its own secure interior entrance
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message