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1108 Queen Ave #1 & 2, Louisville, KY, 40215

2beds
2baths
1,710sqft
$195,000
$114price/sqft
$1,448/moest. monthly cost
$57,920/yrincome needed

About This Home

Excellent opportunity for a turnkey investment or owner occupant looking to rent out a unit for extra income! This furnished duplex offers 2 units that are both 1 bed/1 bath homes with a privacy fenced back yard and off street parking. Unit A features a covered front porch and both units have a covered back patio that extends to most of the back yard. Both units are metered separately and have separate HVAC. You will love the modern kitchens and updated bathrooms as well as the open floor plan you will find in each unit. The furnishings are negotiable making this duplex completely turnkey and ready for guests right after purchase. The AC was replaced in April 20025 and the water heater was replaced in 2023. The location is close to Churchill Downs and centrally located for a quick commute to anywhere in the city. Schedule a showing today!

Getting Around

60
WalkingSomewhat Walkable
0
TransitVery Limited Transit
58
BikeBikeable

Schools

2/10
Semple Elementary SchoolGrades K-50.6 mi
1/10
Iroquois High SchoolGrades 9-121.9 mi

Construction

Condition

  • Year built: 1907

Materials

  • Roof: Asphalt,Shingle
  • Construction materials: Vinyl Siding,Wood Frame,Aluminum Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Traditional
  • Property subType: Duplex

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,710

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,710
  • Total interior livable area: 1,710 sqft

Property

Details

  • Parcel number: 11051D01570000
  • Attached to another structure: Yes

Features

  • Patio & porch: Deck,Porch
  • Exterior features: None

Lot

  • Lot size: 4,356 sqft
  • Lot size dimensions: 30 x 145

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

  • Tornado
    TornadoRelatively High
  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Tornado
Earthquake
Heat Wave
Inland Flooding

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 $986$11,832
Home Insurance *$170$2,040
Property Taxes $138$1,656
Electricity $154$1,850
Total$1,448$17,376
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$49,645/yr
40% on housing$43,440/yr
45% on housing$38,613/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: 6.3%
6.3%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: 2.4%
2.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$114This listing

vs Other Active Listings

Avg $/sqft

ZIP 40215$79
Jefferson County$145

vs Homes Sold Last Month

Median $/sqft

ZIP 40215$136
Jefferson County$160

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)

Price History

DateEventPrice
2026-04-27Price change$210,000
2026-04-13Price change$215,000
2026-02-27Price change$220,000
2026-01-05Listed for sale$225,000
2025-05-29Sold$195,000
2025-04-24Contingent$199,000
2025-04-15Price change$199,000
2025-03-18Listed for sale$210,000

For Sale by Agent

AgentJay Pitts
BrokerageRE/MAX Premier Properties

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