Investors! Check out this great opportunity in 40215. All units are 1 bed, 1 bath. This 4 plex currently has 3 out of 4 units occupied. Roof was replaced in September 2024. There have been full renovations on 3 out of 4 units. Market rent on each unit is around $900/month. Contact agent with any questions
Open House:
Sunday, 9/29 2:00-4:00PM
**Open Sunday 9/29/24 2-4PM** This recently updated Butchertown duplex is nestled just a stone's throw from everything that NULU has to offer. Each unit features 1 bedroom, 1 full bathroom plus a bonus room or office, an open concept kitchen to living area with granite countertops, and a view through glass double doors to the back yard with both a covered and open deck. Both units include washer and dryer hookups. 903-905 Franklin is listed under appraised value, and could be well suited as a long term rental for approximately $1300 a month per unit or as a primary residence, as a primary residence, owner occupied short term rental/Airbnb. See full list of improvements in documents section. Don't miss an opportunity to be in a rare area of NULU and Butchertown next to restaurants and shopping in the East Market District and Lynn Family Stadium.
This well-maintained 6-plex offers an excellent investment opportunity, perfect for both seasoned investors and those looking to start or grow their portfolio. Each unit is ample and well-kept, ensuring long-term tenant satisfaction and minimal vacancy. The property has strong rental potential in a desirable location, with easy access to local amenities. With all major systems in good working order and a history of steady income, this is a turn-key investment ready to generate immediate returns. Don't miss out on this fantastic chance to expand your real estate holdings! Please read agent notes!
Duplex in the Shelby Park neighborhood. Leases quickly. Unit #1 2BR/1BA is leased for $800/mo includes all utilities paid by the owner and garage access on a month to month lease. Unit #2 1BR1BA is vacant and leases for $700/mo with all utilities paid by the owner. New windows installed in 2018. Roof and furnace installed in 2015. Water heater installed in 2015. Unit #1 requires 48 hour notice. Schedule your showing today!
Calling all investors and owner-occupants- this is the opportunity you've been waiting for! One of the best multi-family properties in the city! This property features two units, each with two bedrooms and one bath. In the last ten years the building has gotten new windows, a new roof, new siding, new soffits, new gutters and is truly a maintenance-free exterior. Kitchens and bathrooms have been updated with new cabinets, flooring, plumbing fixtures, appliances and granite counters. All hardwood flooring has been refinished and walls repainted. Water heaters and HVAC systems all replaced in the last few years. High efficiency gas furnaces and AC systems. New landscaping, patio and fencing installed in 2023. Three off street parking spaces in rear. See agent notes for showing times. First floor bedrooms each have an adjoining office. Second floor unit has sunroom across the back. Plenty of street parking in front. Full basement with three lockable storage areas and laundry areas. Sale includes the high efficiency laundry sets for each unit. Basement has always been dry. Downstairs unit will be vacant 9/30. Several parties have already reached out to current owner regarding leasing the space. Or could be owner occupied. Current tenant pays all utilities. Seller has quarterly pest control contract in place with Okolona pest control, with transferrable warranties.
Introducing 631 E St Catherine, a charming duplex nestled in the vibrant Shelby Park Neighborhood, offering the perfect blend of convenience and excitement. Situated just a stone's throw away from the bustling hub of restaurants, shops, and breweries, this duplex promises a lifestyle filled with endless possibilities. Featuring two nearly identical units, each exuding comfort and functionality, this property boasts a well-designed layout. Enter into each unit to discover hardwood floors spanning throughout, a spacious living room, three generously-sized bedrooms, a full bath complete with a laundry, and a cozy eat-in kitchen. The first unit is located on the ground floor, utilizing the front entrance for easy access, while the second unit occupies the upper level, ensuring privacy with it separate back entrance. Experience the joy of outdoor living in the fully fenced-in backyard, providing a safe haven for relaxation and recreation. Additionally, off-street parking adds a touch of convenience to your daily routine. Don't miss the opportunity to make 631 E St Catherine your new home. Embrace the vibrant energy of the Shelby Park Neighborhood while enjoying the comfort and privacy of this exceptional duplex. Schedule your showing today!
Stunning Renovated Triplex with Great Tenants and Spacious Units - Move-In Ready!Welcome to this beautifully renovated triplex, an investor's dream and the perfect opportunity for owner-occupiers! Located on a massive lot, this property boasts large, sun-filled rooms throughout, creating an open and airy living space that tenants and homeowners alike will love.Each of the three units has been meticulously updated, featuring modern finishes and plenty of natural light. The building already has reliable, long-term tenants in place in two of the units, providing immediate rental income. The top-floor unit is vacant and newly renovated, offering a move-in-ready space for you to call home. With the other two units generating steady rental income, you could have your mortgage practically covered while enjoying this prime property.Key Features:Renovated units with high-quality finishesSpacious rooms with ample natural lightMassive lot providing potential for future expansion or outdoor amenitiesReliable, great tenants in placeVacant, move-in-ready top unit, ideal for owner-occupancy or pre
This is a great opportunity for an entry-level investor in the Louisville market. This fourplex has three two-bedroom units plus a fourth unit that has an extra room that could potentially be used as a third bedroom. The property currently has two vacancies, creating an opportunity for an investor to raise rent and maximize profits. Each unit is separately metered for LG&E, with its own HVAC system and hot water heater. There are washer/dryer hookups in every apartment, vinyl flooring, plus ample off street parking.
This versatile 2-story property in the Highlands, located at the prominent corner of Bardstown Rd & Deer Park Ave, is brimming w/ potential. With a flexible C2 zoning designation, the building features a 1BR/1BA residential unit on the second floor, & a spacious, open unit on the first floor that can serve as either a second residential unit, retail space, or office. Conveniently situated near popular Highlands spots like the Bardstown Rd Farmer's Market, El Mundo, Pivot Brewing, & Safai Coffee Shop, & just a short drive from Cherokee Park & Bellarmine University, this property is ideally positioned for success as either a full-time or short-term rental. The property also includes a fast-serve restaurant space currently leased as a hot dog & ice cream stand. Originally a garage, this space has been upgraded with commercial plumbing, electrical systems, & a newly installed grease trap. With the vibrant activity & growth in the Highlands area, this is a fantastic opportunity to make your mark in a thriving neighborhood!
This is not one to miss! Welcome to this awesome, historic Original Highlands charmer. While you enter from the quiet, tree-lined street that is Highland Avenue, you are just steps away from the shopping, dining and entertainment of Baxter Avenue and Bardstown Road. This home has been freshly painted throughout while preserving the amazing murals of the previous owner, a local artist of some renown. Both units have tons of historic charm. There are no tenants or leases currently in place. It is a solid duplex with good investment potential, but could easily be returned to a single family home. Come sit on the screened porch and you will see that this home is just full of possibilities.
**Prime Old Louisville Investment Opportunity** Located in the heart of Historic Old Louisville, this charming property boasts a versatile retail space, which was previously a well-loved bakery, making it perfect for a new business venture or a creative renovation. Additionally, there are three spacious and cozy residential units; each featuring 2 bedrooms and 1 bathroom. Units boast tall French windows with high ceilings creating an open and bright atmosphere. Located near many local shops, cafes, and the University of Louisville, this property is a prime opportunity for investors looking to expand their portfolio in a sought-after historic district. Don't miss out on this charming opportunity with endless potential! Call today for a tour!
This eight studio corner lot property is in a highly desirable section of Old Louisville, blocks from U of L and Manual High School. There is off-street parking for four vehicles, and balcony or patios for all of the units, with no common area to maintain. The 100% occupied property is professionally managed, and has a waitlist of future tenants, indicating there is room to increase rents. Each unit is separately metered for LG&E, with its own hot water heater, heating/cooling unit, and vinyl flooring. The roof is new from 2016.
Wonderful Victorian Duplex, First floor has 1 bedroom, an updated kitchen, stainless appliances, granite countertops, nice sized bathroom with a large shower with dual heads. Second and Third floor unit has an updated kitchen that opens to a large living room with a spiral staircase to upstairs bedroom. The 3 bedroom 1 full bath unit with laundry off kitchen. Duplex could easily be made back into a single family or for a owner occupied with rental income. Home has a large backyard for entertaining with space for parking off alley in back.
Fantastic investment opportunity! 12 unit apartment complex. Easy to rent. All units have been updated in the last two years. Property features two buildings each with six, hotel style apartments. Each unit has a living room, kitchen, two bedrooms, and a full bathroom. There is greenspace between the buildings, ample parking and a common room that could be converted to onsite laundry.
CASH OFFERS or Hard Money Lending ONLY, without Contingecies. NO FINANCING or Contingency OFFERS will be accepted. Buyer's MUST have a Licensed Realtor Represent Them! Property is being Sold in AS-IS Condition with No Warranties! All are 2 Bedrooms & 1 Full Bathroom with Patio/Balcony. ALL are Vacant. Right side Units will need to be gutted. Suspected Mold in Units. Please wear masks, proper ventilation upon viewing any units. Offers MUST include Proof of Funds. Easy to Show. Information deemed reliable but not warranted.
Don't miss out on this rare opportunity to own a mixed-use duplex in the thriving Schnitzelburg neighborhood! Located just minutes from some of the city's best bars, restaurants, and parks, this property offers both incredible flexibility and an unbeatable location. Whether you're looking for a multi-family property, a commercial space, or a blend of both, this property's OR1 zoning and unique layout make it a standout investment. The OR1 zoning allows for a range of possibilities, from long - OR - short-term residential rentals to commercial office space. You can choose to keep both units as residential rentals or convert the downstairs unit back into a commercial space. The downstairs has previously housed a grocery store, hair salon, and various office spaces, making it perfect for someone looking to bring a new business into the area. The upstairs unit is ideal for residential living, providing privacy, charm, and access to a shared backyard. Both units have separate entrances and utility meters, offering maximum flexibility for tenants and Owners. Its versatility gives you the freedom to create a space that works best for your needs. A small fenced backyard offers outdoor space for tenants, while a walk-up basement provides additional storage or the potential for future expansion. Steeped in history, this property has served the Schnitzelburg community for decades. Whether you continue its residential legacy or transform it into a commercial hub, this property gives you the chance to own a piece of Schnitzelburg's past while shaping its future. This duplex is perfectly positioned to take full advantage of Schnitzelburg's vibrant atmosphere - it's less than 5 minutes from the area's top spots like Monnik, The Merryweather, Hauck's, & Logan Street Market. Whether you are seeking potential tenants or looking for a future business venture, the walkability and charm of this neighborhood make it an ideal location. Come have a look for yourself and take a walk through a slice of history!
Discover an exceptional opportunity to own a versatile, large building on a prime corner lot, offering unparalleled high street visibility. This property features a well-appointed shop on the first floor, ideal for retail or commercial use, along with ample storage space to meet all your business needs. The expansive second floor boasts a spacious duplex living area, perfect for comfortable living or potential rental income. With a large backyard, you have the perfect spot for relaxation or outdoor activities. The property also includes additional storage in the basement, providing even more space for your needs. Whether you're looking to invest or live and work in the same location, this property offers endless possibilities in a sought-after area. Don't miss out on this unique opportunity to own a high-visibility property in a bustling location!
**SHOWING: Saturday September 7, 2024 from 11-1pm** Welcome to 4928 S 3rd, a townhouse-style duplex perfect for investors or those looking to live in one unit and rent out the other. Each unit offers about 1,200 sq ft of living space, featuring 2 bedrooms and 1.5 baths. The property comes with a detached garage and convenient in-unit washers and dryers for both sides. Property Highlights: -Tenant pays all utilities - Total of 2 units, each 1,200 sq ft - 2 bedrooms and 1.5 baths per unit - Detached garage - In-unit washer and dryer in both units - Newer HVAC system in one unit (6 years old); older but functional unit in the other - Currently tenant-occupied with month-to-month leases - Rent potential of $1,200-$1,300/month, significantly higher than current rents of $800-$850/month due to pre-COVID grandfathering Note: - The roof is older (20+ years), and 1,200 sq ft of carpeting in both units needs replacement - One tenant is scheduled to move out by October 1st With great rental potential and a prime location, this property offers excellent income opportunities with a little TLC. Don't miss out on this value-add investment! ***Please DO NOT visit the property outside of the showing ***
Welcome to 2411 S. Shelby Street. This 5-plex apartment building presents an excellent investment opportunity. Convenient to UofL, downtown Louisville, Audubon Park, Germantown, and the Highlands, potential tenants will love the central location. This property is zoned C-1 and has endless possibilities for end use. You could keep the current apartment layout as-is (5 one bedroom, one bath units), and potentially renting units 1, 2, and 5 to high paying Section 8 tenants and enjoying a cash-cow. You could live in one of the units and rent out the others to house hack. Or convert the main floor to a short-term rental or storefront space while keeping three one bedroom apartments above and below. The roof, siding, windows, and storm windows are all updated. New kitchen cabinets for all 5 units (not yet installed) are included and convey with the property. All 5 units have separate electric meters while the gas and water are each on one shared meter. The whole building is serviced by one HVAC system and one water heater, saving potential headaches and costs from multiple systems. This property is being sold "as-is."
Your next investment opportunity awaits! This occupied all brick duplex has one 1/1 unit and one 2/1 unit. Situated on a corner lot, with off street parking, this duplex offers ease of living for its tenants. There are laundry hookups in the basement.
Attention investors!! Instant income in this Duplex. Both units are tenant occupied. Buyer to verify square footage. Another rental property also available. MLS# 1669474. Let's make a deal!! Make an offer on both!!
Great opportunity with this tri-plex near Churchill Downs & University of Louisville! All units rented and month to month. Updated to include 90% efficient furnace. Shared laundry in the basement. Unit 1 is 2 bedrooms, 1 bath. Unit 2, second level is 1 bedroom, 1 bath. Unit 3, basement, is 1 bedroom, 1 bath. All rents need to be raised to market rents. All rents include utilities. Large fenced backyard. Call today!
Listed for sale is this Old Louisville 5-plex located on historic Fourth St between E Hill and Magnolia streets. Building is solid brick metered out for gas and electric with five furnaces, five condensers, five water heaters and five stackable washers and dryers. Apartment A is trophy unit with 1700 sq ft two bedroom and one and a half bathrooms townhouse style. Apartments B, C, D and E are all one bedroom one bathroom units. All units are currently rented with total rent roll of $4,310/month or $51,720/year with opportunities to increase. Building has parking lot in rear with parking spot for every tenant and two for Apartment A. Building has new roof 2023. Building is professionally managed by third party management company.
Attention Investors! Leased until 2025! This unique property offers a fantastic investment opportunity with two separate houses on a single lot, conveniently located near the University of Louisville. Both homes are newer construction with 3 bedrooms and 1.5 bathrooms. Bedrooms are spacious, have eat-in kitchens, and offer separate laundry rooms. You will find a half bath downstairs and a full upstairs in each home. Whether you're seeking a rental income stream or a multi-family living arrangement, this property offers endless possibilities. Don't miss out on this exceptional opportunity!
The median home value in Louisville, KY is $260,000. This is higher than the county median home value of $161,000. The national median home value is $219,700. The average price of homes sold in Louisville, KY is $260,000. Approximately 76.4% of Louisville homes are owned, compared to 16.66% rented, while 6.94% are vacant. Louisville real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Louisville real estate agent to arrange a tour today!
Louisville, Kentucky has a population of 684,917. Louisville is less family-centric than the surrounding county with 24.93% of the households containing married families with children. The county average for households married with children is 26.96%.
The median household income in Louisville, Kentucky is $48,392. The median household income for the surrounding county is $52,237 compared to the national median of $57,652. The median age of people living in Louisville is 36.3 years.
The average high temperature in July is 87.92 degrees, with an average low temperature in January of 26.08 degrees. The average rainfall is approximately 46.52 inches per year, with 9.76 inches of snow per year.