Louisville KY Multi Family for Sale

ADDITIONAL INFORMATION

Great income producing apartments, 9 units on Strawberry Lane. The property consist of 2 4 plex style buildings sitting on 2 parcels and another unit above the garage located at the 6434 location. The garage and unit are leased otgether for $1,000 a month. The 4 plex located at 6434 Strawberry Lane rents for $2,775 and the 4 plex located at 6436 Strawberry Lane rents for $2,880; monthly gross rents are $6,655 monthly. Previous Owner and current Owner have completed many updates. Multiple Furnaces, Condensers, and window AC units have been replaced. Windows in 6434 building were all replaced between 2019/2020, 6436 building the soffitts and gutters were replaced in 2017. Current Owner has remodelled 5 apartments, updated numerous cast iron plumbing lines with PVC, and numerous other updates over the faew few years. Turnover time is very quick, when a tenant moves out we have a tenant in place ready to go before the unit is even ready. Rents still have plenty of room for improvement. There are 3 long term tenants from previous Owner, all other tenants management has placed and we have great tenants! All units are fully leased vacant photos were from recent renovations when we had move outs. The 6436 building has hardwood flooring and a huge walk-in-closet in the bedroom. The 6434 building has carpet flooring and the bedroom has double closets.

ADDITIONAL INFORMATION

Good Investment Opportunity. Apartment building across from Churchill Downs. Very close to University Of Louisville. Can be either 4 efficiency units with full baths and kitchenette each , OR 2 separate units with two full baths each. Alley access of-street parking with 2 car garage. Full front porch and 2nd floor deck. Great rental prospects for Churchill Downs employees/Visitors and U of L students.

ADDITIONAL INFORMATION

This great Old Louisville Duplex/Triplex nestled on one of the neighborhoods sought after brick, tree-lined walking courts with beautiful wrought iron gates at both ends. There is a lovely water feature on the court as well. This solid brick home was converted into 3 apartments back in the 1970's and has a delightful full covered front porch. There is an 868 Sq. Ft. 2-bedroom unit on the main level with front and rear entrances that's currently rented for $950 per month with an expiration of 10/31/25. The 2nd & 3rd floor has 1266 Sq. Ft. & offers a 3 bedroom, a half bath and a full bath, a large kitchen, dining area and living room (currently used as an additional bedroom). This unit is also rented for $950 per month with an expiration of 4/30/25. The basement unit, with 868 Sq. Ft. was gutted several years ago and has not been refinished. It is studded out for a 1 BR, 1 Bath unit. There is a one car garage with access off 7th St. and plenty of off-street parking along 7th St. as well. The rear staircase to the 2nd floor was rebuilt recently. There is a privacy fenced courtyard in the rear. This is the only multi-family building on the Terrace, all the others are single family homes. It is a great location just 1 block away from Olmsted's Central Park where you will find tennis courts, a playground, splash pad and an outdoor amphitheater. Close to downtown, major interstates and the airport.

ADDITIONAL INFORMATION

Discover this fantastic investment opportunity with a centrally located duplex offering immediate and future rental income. This well-maintained, two-story property features two spacious units, each with 3 bedrooms and 1.5 bathrooms, making it perfect for investors or owner-occupants. Unit 1 is currently rented, providing immediate cash flow, while Unit 2 has a signed lease with occupancy beginning January 1. Both units offer functional layouts, ample living space, and desirable features that attract tenants. Located in a prime central area, this property is close to schools, shopping, dining, and public transportation, ensuring high rental demand. Don't miss out on this incredible chance to own a multi-unit property in great location.

ADDITIONAL INFORMATION

This 2,404 SF duplex offers an excellent opportunity for rehabbers! Units are already sub-metered. 1st Floor Unit: 2BR/1BA, 2nd Floor Unit: 3BR/1BA. The property just needs some finishing touches to become an income-producing duplex. The spacious backyard backs up to an extra-wide alley and offers convenient access as well as potential for future development or additional parking. Located one block from the Portland Branch Library (currently undergoing exciting renovations) and Portland Elementary School.

ADDITIONAL INFORMATION

Located in a desirable section of South Louisville, this C-1 commercially zoned 18 unit property has undergone significant renovations including: new staircase, new sidewalk, new windows, repavement, new plumbing, new kitchens, tile bathrooms, several new furnaces, roof from 2019. Almost every unit has been turned and upgraded. There are eight 2BR/1BA units and ten 1BR/1BA units, all separately metered for LG&E with separate HVAC's and hot water heaters. The property is 100% leased, with room to increase future revenues. There is ample off street parking on the large, .57ac lot. This property presents an excellent opportunity to invest in a turnkey multifamily asset.

ADDITIONAL INFORMATION

This well-maintained seven unit Old Louisville property was gutted and renovated in 2003, including new plumbing and electrical, and currently is in excellent condition. There are a mix of units: one 3BR/2BA, one 2BR/1.5BA, two 2BR/1BA, two 1BR/1BA, and a studio, with room to increase rental revenue. The spacious apartments all have a dishwasher (except the studio), hardwood floors, updated kitchens and bathrooms, and four units have W/D hookups. There is also common laundry in the basement for an additional fee. There are separate HVAC and/or minisplits with separate meters (see note on rent roll). The beautiful common area is in excellent condition and the rear off street parking was recently repaved. This is an excellent opportunity to invest in a turnkey multifamily prop.

ADDITIONAL INFORMATION

Sale includes 110, 112, 114, 116 W. Oak St. Located minutes from U of L or Downtown, this 12 unit Old Louisville property includes four 2BR/1BA units and eight 1BR/1BA units. The buildings have undergone major renovations and improvements, and the roof is approx. two years old. These spacious apartments include a sprinkler system and there is coin op laundry in bldgs. 110 and 116. This is an excellent opportunity for a new owner to assume management, do some light value add, and creat a stable, cash flowing asset.

ADDITIONAL INFORMATION

Butchertown Duplex, built in 1981. Each side has 2 bedrooms, 1 full bath. Living Room, Nice Kitchen, Dining Area and Laundry Closet, Storage closet. Covered Front Porch, fenced in patios, Fenced in backyard. 2 car parking space in rear of Duplex. Close to NULU, enjoy the excitement of shops and good food. One side has new carpet and LVT. Great Opportunity. This property is vacant, no renters.

ADDITIONAL INFORMATION

Income-generating duplex on Dumesnil! This renovated property offers two units — one vacant and move-in ready with modern updates, a first-floor primary bedroom, laundry room, and spacious fenced-in front and back yards. The second unit is tenant-occupied with a great renter in place, providing immediate cash flow. Ideal for investors or owner-occupants looking for rental income. Don't miss this turnkey opportunity! (Buyer to verify sq ft)

ADDITIONAL INFORMATION

Charming 3 plex located in the heart of the Highlands. The property is not currently rented. The First Floor unit is spacious with lots of natural light, living room w/fireplace, kitchen, bedroom & stack washer/dryer. Second floor unit has a living room, kitchen, bedroom, walk-in closet, washer/dryer hookups and a staircase to a 3rd floor finished space of approximately 400 sq. ft. that is non-conforming. The third unit is located in the basement and has a living room, kitchen, bedroom and bath. The bedroom does not have egress but there is egress in the unit and Planning and Zoning approved as a liveable space. There are 4 parking spaces on the side of the building. Market rents should be between $2800 and $3200.

ADDITIONAL INFORMATION

Excellent opportunity to add to your rental portfolio. Currently this property is set up as a duplex but could easily be converted back to a single-family home. The first floor of this unit has been rehabbed and ready for a tenant. It features 2 bedrooms, 1 bathroom, living room, dining area, and kitchen. Fresh paint, new carpet in one bedroom, and new upper cabinets and countertop in the kitchen. This unit also has access to the unfinished basement that has washer/dryer hook-ups. The 2nd unit is upstairs and is accessible by the back. Back of the property features a screened porch and the screen was replaced this past summer. The upstairs unit is ready for rehab. Flooring has been removed and the unit has been cleaned out. The upstairs had a spacious kitchen, bathroom, and bedroom. An An additional room could be used as another bedroom if needed with alterations. This home has a driveway with room for additional off-street parking in the back.

ADDITIONAL INFORMATION

ADDITIONAL INFORMATION

Turnkey Investment Opportunity in Shelby Park - Quadplex with Diverse Rental Income. Don't miss this chance to own a fully operational rental property in the highly desirable Shelby Park neighborhood. This quadplex offers a unique blend of steady long-term rental income and the potential for lucrative short-term rental earnings.All four units have been thoughtfully remodeled, featuring updated kitchens, bathrooms, flooring, lighting, and fresh paint. Here's what this property offers:Two Long-Term Rental Units: A studio and a two-bedroom unit, currently generating $2,000/month in reliable income. Both tenants are on month-to-month leases and pay their own electricity, while the owner covers water.Two Short-Term Rental Units: A one-bedroom and a two-bedroom unit, perfect for Airbnb or other short-term rental platforms. These units can be rented individually or together, offering flexible income opportunities. With C2 zoning, the possibilities are endlessconvert all units to short-term rentals, maintain the current mix, or explore other creative uses. Other highlights: Separately metered units. Ideal for investors or house hackers looking to offset living costs with rental income. Prime location near downtown Louisville, the Convention Center, UofL, parks, and a variety of popular bars and restaurants, ensuring strong demand and high occupancy rates. This property offers the perfect combination of stability and potential, making it a valuable addition to any portfolio. Please note: Long-term rental units will only be shown to serious buyers, and Airbnb units are often booked on weekends, so weekday showings with notice are preferred. Opportunities like this don't last longschedule your showing today!

ADDITIONAL INFORMATION

Investment Opportunity: Spacious Multi-Family Home in Prime Louisville Location Discover this exceptional multi-family home, offering endless possibilities for investors and homeowners alike. Situated in the heart of Louisville, this property boasts a prime location, convenient access to major highways, and proximity to a variety of amenities. Property Highlights: Spacious Units: Each unit offers generous living space, well-appointed bedroom, and modern kitchen. Strong Rental Potential: Excellent rental history and potential for increased rental income. Low Maintenance: Minimal upkeep required, allowing for hassle-free ownership. Flexible Use: Ideal for owner-occupancy, rental income, or a combination of both. Whether you're seeking a lucrative investment or a comfortable family home with additional income potential, this multi-family property is the perfect choice. Don't miss this opportunity to own a piece of Louisville's thriving real estate market.

ADDITIONAL INFORMATION

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.

ADDITIONAL INFORMATION

Nice Highlands brick 4-plex in a great location across from Tyler Park. Each unit has a living room, dining room, updated kitchen with range, refrigerator and dishwasher, one bedroom and one bath. Units have hardwood Floors, newer windows and lots of natural light. You can enter each unit through the front door or back door off the kitchen. The basement has a washer and dryer for tenants use which tenants pay an extra $30.00 per month. There is also storage bins for each unit and and off street parking.

ADDITIONAL INFORMATION

Updated 4 plex with Carport parking. Currently 1 vacant unit is available for viewing. All other units may be available for viewing for qualified buyers with 48 hrs notice weekdays.

ADDITIONAL INFORMATION

The investment property you have been waiting for in the booming Louisville, KY market! This quadplex of all 1 bedroom, 1 bathroom units has been renovated from HEAD TO TOE and is ready for your tenants to move in and to help you build wealth! Boasting a new roof, new siding, new plumbing, new electrical and new anything else you can think of-this property is as maintenance free as a new construction building. Because it basically is new construction! The construction will be completed in just a few weeks-which means you can have tenants in this property by the New Year potentially! Located right across from a school AND across the street from 3 other renovations-it's hard to find a more exciting block in all of Louisville! If that isn't enough to get you excited, how about the fact that this area of Louisville has seen 88% appreciation in the last 5 years AND the HUD FMR for 2025 is $970 for 1 bedroom apartments! You will definitely want to hurry with this one! With numbers like these, it will NOT last long!

ADDITIONAL INFORMATION

Attention Investors!! Nice 4 plex with good income. The building was renovated prior to current owner. All 2 Bedroom units. 2 have 1 full bath and 2 have 2 full baths. 2 units currently rented and 2 units have recent vacancies. Both are being readied for occupancy.

ADDITIONAL INFORMATION

Turnkey, well maintained 4 plex brick apartment building. Each unit has 2 bedroom, 1 bath and are FULLY RENTED. Parking in rear. New roof. Potential to increase rental income.

ADDITIONAL INFORMATION

A solid investment with long-term tenants whose rents are below market. First floor unit is a 2-bedroom, 1 bath unit with living room, dining room, kitchen and access to the basement. Second floor unit is a 1-bedroom, 1 bath unit with living room, kitchen, bathroom and bedroom. Leases are month-to-month currently and both units are occupied so 48-notice needed to show. Add this great investment to your portfolio, or live in one unit and offset your mortgage with the other.

ADDITIONAL INFORMATION

Cash flowing 4 flex for sale. This corner lot multifamily opportunity is a great addition to any portfolio. The property has 2 - 1 bedroom 1 bathroom units and 2 - 2 bedroom 1 bathroom units. Professionally managed by Property Management of Louisville. Rent roll and 12 month financials available upon request.

ADDITIONAL INFORMATION

Unique duplex for commercial or residential use (zoned C1). Unit 1 is a spacious studio apartment featuring original storefront windows, an open Kitchen with breakfast bar, ensuite laundry, and 2 private entrances. Unit 2 is a two-story, 2 bedroom, 1 bathroom, unit with 2 gathering rooms and a spacious eat-in Kitchen. This property offers a spacious gravel parking lot that can easily hold up to four vehicles.

ADDITIONAL INFORMATION

If you are looking for a FANTASTIC INVESTMENT opportunity in the booming Louisville, KY market then look no further! This 8 unit opportunity represents an opportunity to secure a property in an area of Louisville that has seen a 63.8% increase in price in just the last 5 years-and the excitement has only just begun! With all 8 units being 2 bedroom, 1 bathroom units this property has the most desired unit configuration in the entire city-and with more than 50% of the population in this part of the city being renters-the demand is very high! Make sure to lock this opportunity quickly-it will NOT last long!