See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3

114-116 Rice St, Louisa, KY, 41230

4beds
2baths
1,786sqft
$73,000
$41price/sqft
$649/moest. monthly cost
$25,960/yrincome needed

About This Home

Rare chance to own two homes on one purchase! This unique offering includes two rental properties, perfect for generating multiple streams of income or creating a flexible living arrangement. Whether you're an investor or a buyer thinking outside the box, this setup delivers both opportunity and potential. Being sold as is. Agent owned.

Getting Around

45
WalkingCar-Dependent
0
TransitVery Limited Transit
30
BikeSomewhat Bikeable

Schools

4/10
Louisa Middle SchoolGrades 6-81.4 mi
4/10

Construction

Condition

  • Year built: 1942

Materials

  • Roof: Shingle
  • Construction materials: Wood Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Ranch
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Refrigerator,Stove

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2

Features

  • 1st Floor Bedroom,Ceiling Fan(s)
  • Window features: Wood Frames
  • Attic: Access Only

Heating & Cooling

  • Heating features: Baseboard,Space Heater
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 1,786
  • Total interior livable area: 1,786 sqft

Property

Details

  • Zoning: Mixed

Features

  • Patio & porch: Front Covered,Rear Porch
  • Exterior features: None

Lot

  • Lot size: 5,227 sqft

Parking

  • Parking features: None

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

  • Inland Flooding
    Inland FloodingVery High
  • Heat Wave
    Heat WaveRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Ice Storm
    Ice StormModerate
  • Tornado
    TornadoModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Inland Flooding
Heat Wave
Lightning
Strong Wind
Winter Weather
Hail
Ice Storm
Tornado
Wildfire

FEMA Declared Disasters Across Kentucky Counties

Flood
Hurricane
Mud Landslide
Severe Storm
Straight Line Winds
Tornado
Tropical Storm
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 $369$4,428
Home Insurance *$89$1,068
Property Taxes $37$444
Electricity $154$1,850
Total$649$7,788
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$22,251/yr
40% on housing$19,470/yr
45% on housing$17,306/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: 11.5%
11.5%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: 4.9%
4.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$41This listing

vs Other Active Listings

Avg $/sqft

ZIP 41230$110
Lawrence County$112

vs Homes Sold Last Month

Median $/sqft

ZIP 41230
Lawrence County$75

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
2026-04-23Listed for sale$79,000

For Sale by Agent

AgentLaikan Pack
BrokerageeXp Realty LLC

Similar Homes