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    Duplex with Additional Living Quarters Title is generated by Realmo AI

    6901 Waller Ln, Louisville, KY 40258

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    Claim this Listing
    New
    For Sale
    $226,999

    MULTI_FAMILY - Louisville, KY

    Property size:
    1,400 SF
    Price / SF:
    $162/SF
    Added:
    Jun 12, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 14 at 9:06 am

    Property Features for 6901 Waller Ln

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bedroom 2, Bedroom 3, Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 4
    Patio and Porch features
    Porch, Deck
    Standard status
    Active
    APN
    25103000500000
    Size
    1,400 SF

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Forced Air, Natural Gas
    Cooling system
    Window Unit(s), Wall/Window Unit(s), Central Air

    Building Details

    Year built
    1947
    Number of units
    2
    Building materials
    Vinyl Siding, Aluminum Siding
    Roof type
    Shingle

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    Listing Contact
    Todd A Weihe

    Listing agent Todd A Weihe

    Listing office DREAM J P Pirtle REALTORS 8219 Shelbyville Road, louisville, KY

    Listing date Jun 12, 2026

    MLS# 1720282 Listing URL

    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.

    HighLights

    • Additional living quarters: separate 1‑bedroom, 1‑bath unit with living room and kitchen (carriage house/duplex).
    • Main house offers approx. 1,300 SF with 3 large bedrooms and 2 full baths.
    • Unfinished basement plus carport.
    • Heating: natural gas forced air; cooling options include central air and window/wall units.
    • Roof is shingle; sewer service is a septic tank.
    • Built in 1947; exterior materials include vinyl siding and aluminum siding; features include a porch and deck.

    Overview

    This property is configured as a primary home with additional living quarters, described as either a duplex or a duplex plus single-family layout with a carriage house. The main house includes approximately 1,300 square feet with 3 large bedrooms and 2 full baths, with a functional floor plan that is described as having updates over the last several years. The additional living quarters include 1 bedroom, 1 bath, a living room, and a kitchen. Additional improvements noted include an unfinished basement and a carport.

    The home is located at 6901 Waller Ln in Louisville, KY 40258, on a large lot that is described as providing a more country-like feel within the city.

    From a tenant or owner-occupant standpoint, the separate living quarters can support in-laws, children, or a potential tenant while keeping the primary space intact. The listing also notes that the buyer must verify all information, including lot size, square footage, structural items, foundations, utilities, zoning, and comparable data. FHA eligibility is limited due to seasoning rules, and the 90-day season will end on 9/5/26, with no FHA offers requested until then.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $17.8k $12.72
    − Vacancy −$979 −$0.70
    EGI $16.8k $12.02
    − OpEx −$5.0k −$3.61
    NOI $11.8k $8.41
    1,400 SF · lease $12.72/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $168.3K
    $147.3K – $196.3K (±1% cap)
    NOI $11,780 @ 7.0% cap · market cap 5.19%
    Second Best
    Apartment 5plus
    $136.1K
    $119.1K – $158.8K (±1% cap)
    NOI $9,528 @ 7.0% cap · market cap 4.20%
    Theoretical Best
    Office A
    $362.9K
    $317.5K – $423.4K (±1% cap)
    NOI $25,402 @ 7.0% cap · market cap 11.19%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Louisville
    County
    Jefferson
    State
    Kentucky
    Longitude
    -85.865992
    Latitude
    38.151928

    FAQs

    What type of property is this?
    Duplex - Two distinct living areas offer flexibility for multi-generational households or tenant use, with an unfinished basement and carport.
    Where is this duplex located?
    The property is located at 6901 Waller Ln Louisville, KY.
    What is the asking price?
    The asking price for this property is $226,999.
    What are key features of this property?
    This property features: Additional living quarters: separate 1‑bedroom, 1‑bath unit with living room and kitchen (carriage house/duplex).; Main house offers approx. 1,300 SF with 3 large bedrooms and 2 full baths.; Unfinished basement plus carport.
    More about this property
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