Furnished Duplex with Fenced
For Sale
$160,000
444 N 28th St, Louisville, KY 40212
Multi Family, Louisville, KY
Property Size1,440 SF
Lot Size0.06 Acres
Price / SF$111.11
Days on Market97
Property Features for 444 N 28th St
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 1, Basement
Lot features
Corner Lot
Directions
Portland Ave to N 26th St, right on St Xavier St, right on N 28th St - house is on the left.
Subdivision
01-Dtwn Old Louisville/Shively/West Lou
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 Agency:
RE/MAX Premier Properties · RE/MAX International
(502) 384-5944
Listed By:
Jay Pitts · License #63303
(502) 572-0186
Added: Jul 7
Changed: Oct 8
Last Checked: Oct 11 at 7:06AM
MLS# 1722554
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 1,440-square-foot duplex at 444 N 28th St includes two furnished units, each configured with one bedroom and one bathroom. One residence occupies the main floor, while the second is positioned upstairs. Separate secure interior entrances provide distinct access to each unit, with a shared front-door entry as the primary exterior access point. The property was previously updated and includes a basement.
Situated on a 0.06-acre corner lot in Louisville, the property has a fenced yard. Public water and public sewer serve the building. Construction consists of wood framing with vinyl siding, complemented by a shingle roof, central air, electric heating, and natural gas heating.
Both units are vacant, creating flexibility for an owner occupant or rental use. The layout includes two bedrooms and two bathrooms overall, with furnishings in place throughout the residences.
Situated on a 0.06-acre corner lot in Louisville, the property has a fenced yard. Public water and public sewer serve the building. Construction consists of wood framing with vinyl siding, complemented by a shingle roof, central air, electric heating, and natural gas heating.
Both units are vacant, creating flexibility for an owner occupant or rental use. The layout includes two bedrooms and two bathrooms overall, with furnishings in place throughout the residences.
Key Highlights
- Two‑unit duplex with 1 bedroom and 1 bathroom in each unit
- 1,440 square feet on a 0.06‑acre corner lot
- Both units furnished and vacant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,117
Cap Rate
7.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$242,340
$242.3K
Cap Rate 7%
$173,100
$173.1K
Cap Rate 9%
$134,633
$134.6K
Market Conditions
NOI Build-Up for 1,440 SF
Gross rent
$18.3K $12.72/SF
− Vacancy
−$1.0K −$0.70/SF
EGI
$17.3K $12.02/SF
− OpEx
−$5.2K −$3.61/SF
NOI
$12.1K $8.41/SF
Area
Louisville, KY
Vacancy
5.50%
Lease Rate
$12.72 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$242,340
Cap Rate 7%
$173,100
Cap Rate 9%
$134,633
Alternative Uses
Best Use
Multifamily LT 5
$173.1K
$151.5K – $202.0K
NOI $12,117 @ 7.0% cap · market cap 7.57%
Second Best
Apartment 5plus
$140.0K
$122.5K – $163.3K
NOI $9,800 @ 7.0% cap · market cap 6.13%
Theoretical Best
Office A
$373.2K
$326.6K – $435.5K
NOI $26,127 @ 7.0% cap · market cap 16.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
543
Businesses Nearby
Explore this area
Business Placement
Demographics for 40212, KY
16,360
Population
8,061
Households
2
Avg Household Size
38
Median Age
13%
College-Educated
81%
High-School Grad
3.8 sq mi
ZIP Area
4,305
Density / Sq Mi
$35,389
Median Household Income
$28,506
Median Earnings
$917
Median Rent
$78,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate residential units offer flexible occupancy or rental arrangements on a corner parcel.
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 $160,000.
What are key features of this property?
This property features: Two‑unit duplex with 1 bedroom and 1 bathroom in each unit; 1,440 square feet on a 0.06‑acre corner lot; Both units furnished and vacant
