Updated Two-Unit
For Sale
$270,000
935 Samuel St, Louisville, KY 40204
Two updated one-bedroom, one-bathroom units were redone within the last 3 years.
Property Size1,056 SF
Price / SF$255.68
Days on Market94
Property Features for 935 Samuel St
General Information
Standard status
Active
Size
1,056 SF
Property subtype
Residential Income
Occupancy
100%
Site & Location
Neighborhood
Germantown
Additional Details
Gross Income
$23,100
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
EXP Realty LLC
(888) 624-6448
Listed By:
Ethan J Adams · License #244623
(502) 558-8193
Source:
Exprealty
Added: Jul 30
Changed: Oct 25
Last Checked: Oct 30 at 5:01PM
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 EXP Realty LLC
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Investment Insights
Based on property information with market context.
This 1,056-square-foot duplex contains two one-bedroom, one-bathroom units. Both units were redone within the last 3 years and are currently occupied under new year-long leases, providing an established rental configuration for an owner or investor.
The property is located at 935 Samuel St in Louisville’s Germantown neighborhood, near local restaurants, shopping, and parks. Its two-unit layout supports separate residential occupancy within a single duplex property.
The property is located at 935 Samuel St in Louisville’s Germantown neighborhood, near local restaurants, shopping, and parks. Its two-unit layout supports separate residential occupancy within a single duplex property.
Key Highlights
- Two‑unit duplex with 1,056 square feet
- Two 1‑bedroom, 1‑bathroom units
- Both units redone within the last 3 years
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,885
Cap Rate
3.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$177,700
$177.7K
Cap Rate 7%
$126,929
$126.9K
Cap Rate 9%
$98,722
$98.7K
Market Conditions
NOI Build-Up for 1,056 SF
Gross rent
$13.4K $12.72/SF
− Vacancy
−$739 −$0.70/SF
EGI
$12.7K $12.02/SF
− OpEx
−$3.8K −$3.61/SF
NOI
$8.9K $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%
$177,700
Cap Rate 7%
$126,929
Cap Rate 9%
$98,722
Alternative Uses
Best Use
Multifamily LT 5
$126.9K
$111.1K – $148.1K
NOI $8,885 @ 7.0% cap · market cap 3.29%
Second Best
Apartment 5plus
$102.7K
$89.8K – $119.8K
NOI $7,187 @ 7.0% cap · market cap 2.66%
Theoretical Best
Office A
$273.7K
$239.5K – $319.3K
NOI $19,160 @ 7.0% cap · market cap 7.10%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
969
Businesses Nearby
Explore this area
Business Placement
Demographics for 40204, KY
14,600
Population
8,759
Households
1.7
Avg Household Size
38
Median Age
63%
College-Educated
97%
High-School Grad
3.2 sq mi
ZIP Area
4,563
Density / Sq Mi
$70,706
Median Household Income
$50,246
Median Earnings
$1,225
Median Rent
$314,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two updated one-bedroom, one-bathroom units were redone within the last 3 years.
Where is this duplex located?
The property is located at 935 Samuel St Louisville, KY.
What is the asking price?
The asking price for this property is $270,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,056 square feet; Two 1‑bedroom, 1‑bathroom units; Both units redone within the last 3 years
