Renovated Three-Unit Property in
912 Euclid Ave, Louisville, KY 40208
For Sale
Contact for pricing
Pending
Turnkey investment opportunity with updated duplex and detached ADU.
Property Size3,283 SF
Days on Market248
Property Features for 912 Euclid Ave
General Information
Standard status
Size
Class
Total Parking Spaces
Property subtype
Zoning
Investment Type
Site & Location
Neighborhood
Building Details
Year Renovated
Buildings
Stories
Units
Listing Agency:
Inclusive Realty
Listed By:
Antecia Whitehead · License KY #276423
(502) 314-5725
Source:
Crexi
Added: Mar 12
Changed: Nov 6
Last Checked: Nov 12 at 5:42AM
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 Inclusive Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This is a renovated three-unit property located in Louisville. The property features a fully updated duplex and a detached Additional Dwelling Unit (ADU). Each unit has been renovated inside and out, showcasing luxury finishes and modern design elements. The interiors feature clean lines, high-end materials, and stylish designs. The property offers flexibility for owner-occupants, long-term rentals, or short-term income. It also boasts ample off-street parking. Fully furnished options are available. The property size is 3283 square feet.
Key Highlights
- Fully renovated duplex with detached ADU offers flexible income options
- Turnkey investment property, ready for immediate occupancy or rental
- Luxury finishes and modern design throughout all units**
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,624
Cap Rate
5.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$552,480
$552.5K
Cap Rate 7%
$394,629
$394.6K
Cap Rate 9%
$306,933
$306.9K
Market Conditions
NOI Build-Up for 3,283 SF
Gross rent
$41.8K $12.72/SF
− Vacancy
−$2.3K −$0.70/SF
EGI
$39.5K $12.02/SF
− OpEx
−$11.8K −$3.61/SF
NOI
$27.6K $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%
$552,480
Cap Rate 7%
$394,629
Cap Rate 9%
$306,933
Alternative Uses
Best Use
Multifamily LT 5
$394.6K
$345.3K – $460.4K
NOI $27,624 @ 7.0% cap · market cap 5.95%
Second Best
Apartment 5plus
$319.2K
$279.3K – $372.4K
NOI $22,343 @ 7.0% cap · market cap 4.82%
Theoretical Best
Office A
$851.0K
$744.6K – $992.8K
NOI $59,567 @ 7.0% cap · market cap 12.84%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Location Intelligence
Trade Area within ½ mile
557
Businesses Nearby
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Business Placement
Demographics for 40208, KY
17,048
Population
6,675
Households
2.6
Avg Household Size
27
Median Age
34%
College-Educated
88%
High-School Grad
2.6 sq mi
ZIP Area
6,557
Density / Sq Mi
$37,714
Median Household Income
$17,255
Median Earnings
$914
Median Rent
$153,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Triplexes in Louisville, KY
Properties on Market for Triplexes in Louisville
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Turnkey investment opportunity with updated duplex and detached ADU.
Where is this triplex located?
The property is located at 912 Euclid Ave Louisville, KY.
What is the asking price?
The asking price for this property is $464,000.
What are key features of this property?
This property features: Fully renovated duplex with detached ADU offers flexible income options; Turnkey investment property, ready for immediate occupancy or rental; Luxury finishes and modern design throughout all units**
