Four-Unit Apartment
910 Sinclair St, Louisville, KY 40118
For Sale
$450,000
Each residence includes a dedicated laundry room and a kitchen finished with granite counters.
Property Size3,068 SF
Price / SF$146.68
Days on Market90
Property Features for 910 Sinclair St
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Amenities
laundry rooms
granite counters
Building Details
Year Built
Listing Agency:
Miles Real Estate Services
(502) 599-6728
Listed By:
Don Miles · License KY #216171
(502) 290-0921
Source:
Onthemoverealtors
Added: Aug 13
Changed: Nov 9
Last Checked: Nov 9 at 3:56PM
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 Miles Real Estate Services
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Investment Insights
Based on property information with market context.
This four-unit residential property contains 3,068 square feet and was built in 1968. Interior finishes vary by floor: the ground-level homes have tile and carpet, while the upstairs units feature hardwood flooring. Each residence also has its own laundry room and a kitchen with granite counters.
Key Highlights
- Four units in a 3,068‑square‑foot building
- Built in 1968
- Every unit has a laundry room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,815
Cap Rate
5.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$516,300
$516.3K
Cap Rate 7%
$368,786
$368.8K
Cap Rate 9%
$286,833
$286.8K
Market Conditions
NOI Build-Up for 3,068 SF
Gross rent
$39.0K $12.72/SF
− Vacancy
−$2.1K −$0.70/SF
EGI
$36.9K $12.02/SF
− OpEx
−$11.1K −$3.61/SF
NOI
$25.8K $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%
$516,300
Cap Rate 7%
$368,786
Cap Rate 9%
$286,833
Alternative Uses
Best Use
Multifamily LT 5
$368.8K
$322.7K – $430.3K
NOI $25,815 @ 7.0% cap · market cap 5.74%
Second Best
Apartment 5plus
$298.3K
$261.0K – $348.0K
NOI $20,879 @ 7.0% cap · market cap 4.64%
Theoretical Best
Office A
$795.2K
$695.8K – $927.8K
NOI $55,666 @ 7.0% cap · market cap 12.37%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
180
Businesses Nearby
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Business Placement
Demographics for 40118, KY
10,017
Population
4,405
Households
2.3
Avg Household Size
37
Median Age
11%
College-Educated
82%
High-School Grad
15.0 sq mi
ZIP Area
668
Density / Sq Mi
$52,257
Median Household Income
$36,425
Median Earnings
$1,020
Median Rent
$140,900
Median Home Value
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Market
Average Price Trend$/SF for Quadplexes in Louisville, KY
Properties on Market for Quadplexes in Louisville
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Each residence includes a dedicated laundry room and a kitchen finished with granite counters.
Where is this quadplex located?
The property is located at 910 Sinclair St Louisville, KY.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Four units in a 3,068‑square‑foot building; Built in 1968; Every unit has a laundry room
