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341 31st St, Ashland, KY, 41101

--beds
--baths
1,632sqft
$119,900
$73price/sqft
$960/moest. monthly cost
$38,400/yrincome needed

About This Home

Investor opportunity with this turnkey duplex with strong income potential This solid 1,632 sq ft duplex features two units each offering 2 bedrooms and 1 full bath. A great opportunity for both investors and owner occupants. Each unit provides a functional layout with comfortable living areas and nicely sized bedrooms. The property offers separate entrances making it ideal for generating rental income from both sides or living in one unit while renting the other. The exterior features recently installed low maintenance siding, off street parking options, and a convenient layout for tenants. Inside you will find a mix of updated flooring, and practical layouts ready for personalization or immediate occupancy. Located in an established neighborhood with easy access to local amenities, this duplex offers strong rental appeal and long term upside.

Getting Around

55
WalkingSomewhat Walkable
0
TransitVery Limited Transit
53
BikeBikeable

Schools

5/10
Crabbe Elementary SchoolGrades K-51.1 mi
6/10
Ashland Middle SchoolGrades 6-81.7 mi
5/10

Construction

Condition

  • Year built: 1925

Materials

  • Roof: Metal
  • Construction materials: Vinyl

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Appliances

  • Appliances included: None,Electric Water Heater

Basement

  • Basement: Crawl Space

Heating & Cooling

  • Heating features: Baseboard
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 1,632
  • Total interior livable area: 1,632 sqft

Property

Details

  • Parcel number: 038080900800

Features

  • Levels: Two
  • Stories: 2
  • Exterior features: None
  • Fencing: None
  • Topography of land: Level

Lot

  • Lot size: 2,405 sqft
  • Lot size dimensions: 37 x 65

Parking

  • Parking features: Two Car Spaces
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Hail
    HailModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Heat Wave
Inland Flooding
Hail
Ice Storm
Strong Wind
Winter Weather

FEMA Declared Disasters Across Kentucky Counties

Flood
Mud Landslide
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $606$7,272
Home Insurance *$100$1,200
Property Taxes $100$1,200
Electricity $154$1,850
Total$960$11,520
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$32,914/yr
40% on housing$28,800/yr
45% on housing$25,600/yr

Kentucky FAIR Plan Programs

Kentucky FAIR Plan Reinsurance Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,102Commercial: 175
Total Premiums$2.55M
Total Exposure$206.09M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.2%
6.2%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: -9.1%
-9.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$73This listing

vs Other Active Listings

Avg $/sqft

ZIP 41101$99
Boyd County$95

vs Homes Sold Last Month

Median $/sqft

ZIP 41101$110
Boyd County$104

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-04Price change$149,900
2026-04-14Listed for sale$159,900

For Sale by Agent

AgentBill Klaiber
BrokerageCentury 21 Homes And Land

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