Duplex with Two-Car
For Sale
$249,900
526 Atwood St, Louisville, KY 40217
Two-unit property with a newer roof and freshly painted exterior.
Property Size2,699 SF
Price / SF$92.59
Days on Market53
Property Features for 526 Atwood St
General Information
Standard status
Active
Size
2,699 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Site & Location
Neighborhood
Saint Joseph
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Building Details
Year Built
1900
Listing Agency:
Caperton Realty
Listed By:
Adam G Caperton
(502) 386-3017
Source:
Familyrealty
Added: Sep 15
Changed: Oct 25
Last Checked: Oct 7 at 2:43PM
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 Caperton Realty
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Investment Insights
Based on property information with market context.
Built in 1900, this duplex contains 2,699 square feet arranged as two residential units. Each unit is currently configured with two bedrooms and one bathroom, providing separate living spaces within the property. A two-car garage serves the building, while the newer roof and freshly painted exterior provide important existing improvements.
The property is located in Louisville near area universities, downtown, major employment centers, shopping, dining, and entertainment. Its current layout supports continued use as a duplex, with each residence offering a distinct two-bedroom, one-bath configuration.
The property is located in Louisville near area universities, downtown, major employment centers, shopping, dining, and entertainment. Its current layout supports continued use as a duplex, with each residence offering a distinct two-bedroom, one-bath configuration.
Key Highlights
- 2,699‑square‑foot duplex with two residential units
- Each unit currently has 2 bedrooms and 1 bathroom
- Two‑car garage included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,710
Cap Rate
9.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$454,200
$454.2K
Cap Rate 7%
$324,429
$324.4K
Cap Rate 9%
$252,333
$252.3K
Market Conditions
NOI Build-Up for 2,699 SF
Gross rent
$34.3K $12.72/SF
− Vacancy
−$1.9K −$0.70/SF
EGI
$32.4K $12.02/SF
− OpEx
−$9.7K −$3.61/SF
NOI
$22.7K $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%
$454,200
Cap Rate 7%
$324,429
Cap Rate 9%
$252,333
Alternative Uses
Best Use
Multifamily LT 5
$324.4K
$283.9K – $378.5K
NOI $22,710 @ 7.0% cap · market cap 9.09%
Second Best
Apartment 5plus
$262.4K
$229.6K – $306.1K
NOI $18,368 @ 7.0% cap · market cap 7.35%
Theoretical Best
Office A
$699.6K
$612.1K – $816.2K
NOI $48,971 @ 7.0% cap · market cap 19.60%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
668
Businesses Nearby
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Business Placement
Demographics for 40217, KY
13,061
Population
6,840
Households
1.9
Avg Household Size
36
Median Age
48%
College-Educated
95%
High-School Grad
2.4 sq mi
ZIP Area
5,442
Density / Sq Mi
$68,573
Median Household Income
$48,298
Median Earnings
$1,150
Median Rent
$220,700
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Louisville, KY
Properties on Market for Duplexes in Louisville
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property with a newer roof and freshly painted exterior.
Where is this duplex located?
The property is located at 526 Atwood St Louisville, KY.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: 2,699‑square‑foot duplex with two residential units; Each unit currently has 2 bedrooms and 1 bathroom; Two‑car garage included
