7-Bedroom Renovated
New
For Sale
$240,000
672 Cecil Ave, Louisville, KY 40211
Multi Family, Louisville, KY
Property Size2,333 SF
Price / SF$102.87
Days on Market3
Property Features for 672 Cecil Ave
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
7
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 2, Bedroom 6, Bedroom 1, Basement, Bedroom 3, Bathroom 3, Bedroom 5, Bedroom 7, Bathroom 1, Bedroom 4, Bathroom 2
Patio and Porch features
Porch
Subdivision
CECIL AVE
Lot features
Sidewalk
Directions
Take W Broadway west toward Shawnee. Turn right onto Cecil Avenue. Property is located at 672 Cecil Avenue.
Standard status
Active
APN
01006E00880000
Size
2,333 SF
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Water source
Public
Building Details
Year built
1915
Number of units
2
Building materials
Vinyl Siding, Brick
Roof type
Shingle
Architectural style
Contemporary
Listing Agency:
Red Edge Realty
(502) 509-5131
Listed By:
Amanda C Brookshire · License #260006
(502) 475-9219
Added: Oct 9
Last Checked: Oct 11 at 7:06AM
MLS# 1731504
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 2,333-square-foot duplex, built in 1915, contains two separate residences with a combined seven bedrooms and three full bathrooms. The larger unit has four bedrooms and two bathrooms; the other offers three bedrooms and one bathroom. Both kitchens have been remodeled, and appliances remain with the property. Interior improvements include luxury vinyl plank flooring, carpeting, updated lighting, ceiling fans, blinds, doors, and paint. Exterior work includes vinyl siding, replacement windows with one exception, and new exterior doors. A porch adds outdoor space.
The property has forced-air, natural gas heating and central air conditioning. Two water heaters and two furnaces were installed in 2022; both furnaces were replaced in 2025. Additional flooring and bathroom work in the smaller unit is in progress. Public water and sewer serve the property, and the two residences are separately metered.
The property has forced-air, natural gas heating and central air conditioning. Two water heaters and two furnaces were installed in 2022; both furnaces were replaced in 2025. Additional flooring and bathroom work in the smaller unit is in progress. Public water and sewer serve the property, and the two residences are separately metered.
Key Highlights
- 2,333 square feet with seven bedrooms and three full bathrooms
- Two‑unit layout: one residence has 4 bedrooms and 2 bathrooms; the other has 3 bedrooms and 1 bathroom
- Remodeled kitchens in both residences; appliances remain
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,631
Cap Rate
8.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$392,620
$392.6K
Cap Rate 7%
$280,443
$280.4K
Cap Rate 9%
$218,122
$218.1K
Market Conditions
NOI Build-Up for 2,333 SF
Gross rent
$29.7K $12.72/SF
− Vacancy
−$1.6K −$0.70/SF
EGI
$28.0K $12.02/SF
− OpEx
−$8.4K −$3.61/SF
NOI
$19.6K $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%
$392,620
Cap Rate 7%
$280,443
Cap Rate 9%
$218,122
Alternative Uses
Best Use
Multifamily LT 5
$280.4K
$245.4K – $327.2K
NOI $19,631 @ 7.0% cap · market cap 8.18%
Second Best
Apartment 5plus
$226.8K
$198.5K – $264.6K
NOI $15,877 @ 7.0% cap · market cap 6.62%
Theoretical Best
Office A
$604.7K
$529.1K – $705.5K
NOI $42,330 @ 7.0% cap · market cap 17.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
205
Businesses Nearby
Explore this area
Business Placement
Demographics for 40211, KY
21,310
Population
11,450
Households
1.9
Avg Household Size
37
Median Age
11%
College-Educated
86%
High-School Grad
7.3 sq mi
ZIP Area
2,919
Density / Sq Mi
$32,598
Median Household Income
$28,245
Median Earnings
$925
Median Rent
$97,900
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 residences offer flexible layouts, updated kitchens, and central air conditioning.
Where is this duplex located?
The property is located at 672 Cecil Ave Louisville, KY.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: 2,333 square feet with seven bedrooms and three full bathrooms; Two‑unit layout: one residence has 4 bedrooms and 2 bathrooms; the other has 3 bedrooms and 1 bathroom; Remodeled kitchens in both residences; appliances remain
