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Updated Two-Unit Duplex
For Sale
$175,000

534 Wyatt Rd, London, KY 40744

Income-producing duplex with established tenants, off-street parking, and recent major system improvements.

Property Size1,366 SF
Price / SF$128.11
Days on Market61

Property Features for 534 Wyatt Rd

General Information

Standard status Active
Size 1,366 SF
Total Parking Spaces 4
Property subtype Multi-Family

Units

Unit Mix 1 x 2BR, 1 x 1BR
Multifamily Units 2

Building Details

Year Built 1985
Listing Agency: Kentucky Wide Realty
Listed By: Brenda Lawson
Source: Centralkyhomefinder
Added: Jun 30 Changed: Aug 29 Last Checked: Aug 25 at 6:00AM

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 Kentucky Wide Realty

Investment Insights

Based on property information with market context.

This duplex contains one two-bedroom apartment and one one-bedroom apartment, with tenants already in place. The two-bedroom unit is leased month to month, while the one-bedroom apartment is rented through HUD. The owner currently covers water service for both residences.

Recent capital improvements include a roof replacement in 2023 and replacement of the one-bedroom unit’s water heater that same year. The water heater serving the two-bedroom apartment was replaced approximately in 2021. A paved parking area accommodates up to four vehicles, providing off-street parking for residents. The property is offered as-is and was built in 1985.

Key Highlights

  • Two‑bedroom and one‑bedroom unit mix
  • Existing tenants in both apartments
  • One‑bedroom unit rented through HUD

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Auto Repair Shop (Bike/Boat/Book/etc) Store Garden Center Florist Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

11
Businesses Nearby

Demographics for 40744, KY

20,246
Population
8,159
Households
2.5
Avg Household Size
39
Median Age
16%
College-Educated
83%
High-School Grad
103.8 sq mi
ZIP Area
195
Density / Sq Mi
$64,643
Median Household Income
$36,895
Median Earnings
$772
Median Rent
$157,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Income-producing duplex with established tenants, off-street parking, and recent major system improvements.
Where is this duplex located?
The property is located at 534 Wyatt Rd London, 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: Two‑bedroom and one‑bedroom unit mix; Existing tenants in both apartments; One‑bedroom unit rented through HUD
More about this property
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