Spacious Duplex with Two-Car
For Sale
$249,900
526 Atwood St, Louisville, KY 40217
Multi Family, Louisville, KY
Property Size2,699 SF
Lot Size0.92 Acres
Price / SF$92.59
Days on Market48
Property Features for 526 Atwood St
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Dining Room, Bedroom 2, Bedroom 1, Bathroom 2, Bedroom 3, Bedroom 4
Subdivision
SEMPLE
Lot features
Sidewalk
Directions
From S 3rd St., right onto Cardinal Blvd, turn onto E Brandeis Ave., then slight right onto Bradley Ave., then right onto Atwood St.
Standard status
Active
APN
035H01170000
Size
2,699 SF
Lot size
0.92 Acres
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
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
Listing Agency:
Caperton Realty
Listed By:
Adam G Caperton
(502) 386-3017
Added: Sep 11
Changed: Oct 27
Last Checked: Oct 28 at 7:06PM
MLS# 1728815
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.
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Investment Insights
Based on property information with market context.
This duplex contains 2,699 square feet across two residential units, each currently arranged with two bedrooms and one bathroom. The property includes dining areas, a shingle roof, vinyl siding over wood-frame construction, and a two-car garage. Public water and sewer serve the property, with natural-gas forced-air heat and central air conditioning. Built in 1900, the building has a freshly painted exterior and interiors that can be updated or reconfigured.
The Louisville property is situated near area universities, downtown, employment centers, shopping, dining, and entertainment. Its 0.92-acre lot provides substantial land associated with the duplex, while the existing layout supports rental use or an owner-occupant arrangement. Potential future configurations identified for each unit include three bedrooms and one bathroom or two bedrooms and two bathrooms, subject to renovation.
The Louisville property is situated near area universities, downtown, employment centers, shopping, dining, and entertainment. Its 0.92-acre lot provides substantial land associated with the duplex, while the existing layout supports rental use or an owner-occupant arrangement. Potential future configurations identified for each unit include three bedrooms and one bathroom or two bedrooms and two bathrooms, subject to renovation.
Key Highlights
- 2,699‑square‑foot duplex with two residential units
- Each unit is currently configured with 2 bedrooms and 1 bathroom
- 0.92‑acre lot in Louisville, KY
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units support rental use, owner occupancy, or a combination of both.
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 is currently configured with 2 bedrooms and 1 bathroom; 0.92‑acre lot in Louisville, KY
