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    Remodeled Duplex in Louisville, KY

    922 S 43rd St Louisville, KY 40211

    Claim this Listing
    For Sale
    $234,900

    MULTI_FAMILY - Louisville, KY

    Property size:
    2,370 SF
    Lot size:
    0.00 Acres
    Price / SF:
    $99/SF
    Added:
    Feb 23, 2026
    Days on Market:
    139
    Last Refresh:
    Jul 12 at 7:06 am

    Property Features for 922 S 43rd St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    2
    Bathrooms
    10
    Rooms
    Bathroom 4, Bathroom 9, Bathroom 2, Bathroom 7, Bathroom 3, Dining Room, Bathroom 8, Bathroom 6, Bedroom 2, Bathroom 10, Bathroom 5, Basement, Bathroom 1, Bedroom 1
    Patio and Porch features
    Porch
    Standard status
    Active
    APN
    06044B00320000
    Size
    2,370 SF
    Lot size
    0.00 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1930
    Number of units
    2
    Building materials
    Brick
    Roof type
    Shingle

    Listing agent Winona Ridgway

    Listing office Ridgway Real Estate Group 6407 Bardstown Rd #272, Mount Washington, KY

    Listing date Feb 23, 2026

    MLS# 1709643 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.

    Investment Insights

    Based on property information with market context.

    This multifamily property in Louisville, Kentucky, features a duplex configuration with two newly remodeled units. Each unit includes 3 bedrooms and 1 bathroom. The basement provides separate washer and dryer hookups for each unit. The kitchen cabinets in the downstairs apartment are 3 years old. The building has undergone several updates over the past 5 years. The roof is 1 year old. Foundation piers were installed in 2023 and come with a transferrable lifetime guarantee. The sewer line was replaced in 2023, and the staircase on the left side of the building was rebuilt in 2023. The property is situated on a lot of approximately 0.0009 acres and the building size is 2370 square feet. The current rent value per unit for this zip code is $1400.00. Both units are ready for tenants.

    Key Highlights

    • Brick 2‑unit building with both units newly remodeled; each unit has 3 bedrooms and 1 bathroom
    • Separate washer/dryer hookups in the basement for each unit
    • Roof is 1 year old; sewer line replaced in 2023

    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 $30.1k $12.72
    − Vacancy −$1.7k −$0.70
    EGI $28.5k $12.02
    − OpEx −$8.5k −$3.61
    NOI $19.9k $8.41
    2,370 SF · lease $12.72/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $284.9K
    $249.3K – $332.4K (±1% cap)
    NOI $19,942 @ 7.0% cap · market cap 8.49%
    Second Best
    Apartment 5plus
    $230.4K
    $201.6K – $268.8K (±1% cap)
    NOI $16,129 @ 7.0% cap · market cap 6.87%
    Theoretical Best
    Office A
    $614.3K
    $537.5K – $716.7K (±1% cap)
    NOI $43,001 @ 7.0% cap · market cap 18.31%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon HVAC Service Nail Salon Electrical Service Parking Lot & Garage Pharmacy

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

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    FAQs

    What type of property is this?
    Duplex - Newly remodeled duplex with tenant-ready units and recent updates.
    Where is this duplex located?
    The property is located at 922 S 43rd St Louisville, KY.
    What is the asking price?
    The asking price for this property is $234,900.
    What are key features of this property?
    This property features: Brick 2‑unit building with both units newly remodeled; each unit has 3 bedrooms and 1 bathroom; Separate washer/dryer hookups in the basement for each unit; Roof is 1 year old; sewer line replaced in 2023
    Contact an agent
    (941) 348-0030
    We can help!
    Contact an agent
    Winona Ridgway
    Winona Ridgway
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