Overview
- Updated On:
- August 28, 2025
- 2 Bedrooms
- 2 Bathrooms
- 2,028 ft2
Description
Opportunity is Knocking!
This duplex features two 1-bedroom/1-bath units located at the corner of Duncan & North 38th, in a friendly and desirable rental area of Louisville. Both units are super spacious and require only minimal updates to be rent-ready.
When fully occupied, this property has the potential to generate approximately $1,800 per month in rental income. Each unit is separately metered for gas and electric, keeping operating expenses lower and maximizing investor returns.
Whether you’re looking to expand your rental portfolio or get started with a solid cash-flowing property, this duplex checks the boxes:
• Strong rental demand area
• Minimal rehab required
• Separate utilities for tenants
• Steady monthly income potential
Don’t miss this a cash flowing potential.
Address: 131 N 38th St, Louisville, KY 40212
City: Louisville
State/County: Jefferson
Zip: 40212
Country: United States
Open In Google Maps
Property Id : 4157869
Price: $ 115,000
Property Size: 2,028 ft2
Property Lot Size: 0 ft2
Bedrooms: 2
Bathrooms: 2
InternetConsumerCommentYN: 1
TaxLot: 0051
AboveGradeFinishedArea: 2028
BuildingAreaSource: Other
InternetAutomatedValuationDisplayYN: 1
BelowGradeFinishedArea: 0
StreetNumberNumeric: 131
Roof: Shingle
ConstructionMaterials: Vinyl Siding,Stucco
ListAgentFullName: Sharon Y Gazaway-Bell
InternetAddressDisplayYN: 1
ListAgentMobilePhone: 502-777-8627
OnMarketDate: 2025-08-28
InternetEntireListingDisplayYN: 1
ListOfficeKey: 20240408182014190136000000
ListAgentLastName: Gazaway-Bell
Cooling: Wall/Window Unit(s)
UnitNumber: 2
ListAgentFirstName: Sharon
MajorChangeType: New Listing
LotSizeUnits: Square Feet
DocumentsCount: 2
PatioAndPorchFeatures: Porch
LotSizeSquareFeet: 4482
ListingId: 1696531
YearBuilt: 1930
SourceSystemName: Metro Search (Greater Louisville Association of REALTORS®)
SourceSystemKey: 20250827173659638344000000
ArchitecturalStyle: Traditional
StateOrProvince: KY
ListOfficeName: BellMan Realty LLC
LotFeatures: Sidewalk
OriginatingSystemKey: 20250827173659638344000000
VideosCount: 0
PhotosCount: 17
BuildingAreaTotal: 2028
OriginatingSystemName: Metro Search (Greater Louisville Association of REALTORS®)
Utilities: None
OriginalListPrice: 115000
Sewer: Private Sewer
ListingContractDate: 2025-08-27
StreetSuffix: St
OriginatingSystemID: M00000290
LotSizeDimensions: 0000
StreetNumber: 131
StreetName: 38th
ListAgentEmail: sharon@sharongazawaybell.com
ListOfficeMlsId: 28402
MlsStatus: Active
TaxBlock: 006G
LotSizeArea: 4482
SourceSystemID: M00000290
ParcelNumber: 01009K00010000
ListAgentMlsId: 28402
AssociationFee: 0
Heating: Natural Gas
StreetDirPrefix: N
Directions: Located at the corner of North 38th Street and Duncan Street
NumberOfUnitsTotal: 2
MLSAreaMajor: 01-Dtwn Old Louisville/Shively/West Lou
MLSAreaMinor: 01-Dtwn Old Louisville/Shively/West Lou
WaterSource: Public
Other Features
Has Cooling System
Has Heating System
None
$ 589.63
per month- Principal and Interest
- Property Tax
- HOA fee
$ 445.88
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