Large Home, Income
694 N Logsdon Parkway, Radcliff, KY 40160
Residential Farm, Ranch - Radcliff, KY
Type:Farm
Property size:
2,520 SFLot size:
0.50 AcresPrice / SF:
$98/SF- Added:
- Mar 20, 2026
- Days on Market:
- 66
- Last Refresh:
- May 24 at 11:06 am
Property Features for 694 N Logsdon Parkway
General Information
- Property type
- Residential
- Property subtype
- Farm
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Parking features
- Garage, Garage - Detached
- Patio and Porch features
- Porch
- Interior features
- Ceiling Fan(s)
- Exterior features
- Covered Front Porch
- Fireplace
- 1
- Appliances
- Dryer
- Standard status
- Active
- Size
- 2,520 SF
- Lot size
- 0.50 Acres
Utilities
- Heating system
- Fireplace(s), See Remarks (Heating)
- Cooling system
- Central Air, Multi Units, Window Unit(s)
Building Details
- Year built
- 1963
- Flooring type
- Laminate, Tile, Vinyl
- Building materials
- Brick
- Roof type
- Shingle
- Architectural style
- Ranch
Listing agent Scott Alicna (502) 689-4830
Listing office AT HOME REALTY OF KENTUCKY, LLC 2608 Ring Road, Elizabethtown, KY (270) 982-2000
Listing date Mar 20, 2026
MLS# HK2601066
Listing URL
Copyright © 2026 Heart of Kentucky 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
- Income‑generating potential as a multi‑unit rental property.
- Separate entrances on each level for maximizing rental efficiency.
- Suitable for renovation into a multi‑generational living space or house‑hack setup.
- Detached garage included.
- Features central air and multiple window units for cooling.
- Brick construction with a covered front porch.
Overview
This large home offers the square footage and layout flexibility to function as a multi-unit rental, creating income potential. Each level features its own entrance, with both front and rear access to the property, ideal for separating living spaces and maximizing rental efficiency. It also presents an excellent opportunity for renovation into an owner-occupied multi-generational or house-hack setup, allowing one to live in one space while generating income from the others. The property is located in Radcliff, Kentucky, within Hardin County, and has a lot size of 0.5 acres. The property size is 2520 square feet.
Financial Insights
Value Estimation Calculated for Apartment 5plus
Conservative
$224.1K
NOI $20,172 @ 9.00% cap · cautious / downside scenario
Moderate
$288.2K
NOI $20,172 @ 7.00% cap · market / base-case scenario
Aggressive
$403.4K
NOI $20,172 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Apartment 5plus
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $38.4k | $15.24 |
| − Vacancy | −$1.7k | −$0.69 |
| EGI | $36.7k | $14.55 |
| − OpEx | −$16.5k | −$6.55 |
| NOI | $20.2k | $8.00 |
2,520 SF · lease $15.24/SF/yr · vacancy 4.50% · expense 45.00%
Alternative Use Scenarios
Best Use
Apartment 5plus
$288.2K
$252.2K – $336.2K
NOI $20,172 @ 7.0% cap · market cap 8.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$456.2K
$399.2K – $532.2K
NOI $31,933 @ 7.0% cap · market cap 12.88%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Multifamily properties
Location Insight
- Map
- Local Demand
- City
- Radcliff
- County
- Hardin
- State
- Kentucky
- Longitude
- -85.9604656
- Latitude
- 37.8421635
Nearby Similar for Sale
FAQs
What type of property is this?
Multifamily property - Large home with multi-unit rental or multi-generational potential.
Where is this multifamily property located?
The property is located at 694 N Logsdon Parkway Radcliff, KY.
What is the asking price?
The asking price for this property is $248,000.
What are key features of this property?
This property features: Income‑generating potential as a multi‑unit rental property.; Separate entrances on each level for maximizing rental efficiency.; Suitable for renovation into a multi‑generational living space or house‑hack setup.
