Louisville KY Multi Family for Sale

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Type:
Duplex
Sq.Ft.:
2,204
Status:
Active
Beds:
n/a
Year built:
1987
Baths:
4.00
MLS#:
1677079
Subdivision:
Russell

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.

Type:
Apartment
Sq.Ft.:
6,323
Status:
Active
Beds:
n/a
Year built:
1900
Baths:
MLS#:
1676644

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.

Type:
Apartment
Sq.Ft.:
8,909
Status:
Active
Beds:
n/a
Year built:
1900
Baths:
MLS#:
1676495

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.

Type:
Fourplex
Sq.Ft.:
1,776
Status:
Active
Beds:
n/a
Lot size:
0.12 Acres
Year built:
1966
Baths:
MLS#:
1675999
Subdivision:
Butchertown

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!

Type:
Fourplex
Sq.Ft.:
2,900
Status:
Active
Beds:
n/a
Year built:
1900
Baths:
4.00
MLS#:
1672825

ADDITIONAL INFORMATION

Discover the perfect blend of comfort and convenience in this charming 4-plex located in the heart of Old Louisville. With a prime location just a short stroll from parks, restaurants, and vibrant local culture, this property is ideal for both residents and investors.Property Highlights:Unit Configuration: Features two spacious 1-bedroom, 1-bathroom units and a cozy efficiency. Inviting Interiors: Enjoy high ceilings and open, gallery-style kitchens that create an airy, welcoming atmosphere. Parking Options: Convenient street parking as well as assigned parking available for residents and guests. Experience the charm of Old Louisville living—where walkability meets comfort. Whether you're looking to make this your home or add to your investment portfolio, this 4-plex is a must-see!

Type:
Duplex
Sq.Ft.:
5,566
Status:
Active
Beds:
n/a
Lot size:
0.1 Acres
Year built:
1920
Baths:
MLS#:
1672789
Subdivision:
Old Louisville

ADDITIONAL INFORMATION

Great opportunity to own a 100+ year old 3 story brick duplex in Smoketown. Unlimited potential. Was originally 124 and 126 W College, a 3 story duplex.

Type:
Apartment
Sq.Ft.:
3,956
Status:
Active
Beds:
n/a
Year built:
1897
Baths:
MLS#:
1671526
Subdivision:
Old Louisville

ADDITIONAL INFORMATION

This beautiful 3956 Sq. Ft. Circa 1900 Victorian now houses 5 rental units and is fully rented currently. 1st time on the market since 2007. All units are separately metered for gas and electricity giving a better profit margin. The owner pays for water/sewer. The units were updated back in the 90's and have great spaces and are easy to rent. The building has off-street parking for residents. All the units are one bedroom in this building. This investor is also selling 1111 S First St. (4 units) and 1115 S First St (4 units). These buildings can be purchased individually or as a package. Please see attached rent roll for detail on units.

Type:
Fourplex
Sq.Ft.:
3,900
Status:
Active
Beds:
n/a
Year built:
1900
Baths:
MLS#:
1671524
Subdivision:
Old Louisville

ADDITIONAL INFORMATION

This beautiful 3900 Sq. Ft. Circa 1900 Victorian now houses 4 rental units. 1st time on the market since 2006. All units are separately metered for gas and electricity giving a better profit margin. The owner pays for water/sewer. The units were updated back in the 90's and have great spaces and are easy to rent. This building has two 1-bedroom units and two 2-bedroom units. The building has off-street parking for residents. This investor is also selling 1111 S. First St. (4 units) and 1233 S. Second St. (5 units). These buildings can be purchased individually or as a package. Please see attached rent roll for details on units.

Type:
Fourplex
Sq.Ft.:
4,200
Status:
Active
Beds:
n/a
Year built:
1900
Baths:
MLS#:
1671523
Subdivision:
Old Louisville

ADDITIONAL INFORMATION

This beautiful 4200 Sq. Ft. Circa 1900 Victorian now houses 4 rental units. 1st time on the market since 2006. All units are separately metered for gas and electricity giving a better profit margin. The owner pays for water/sewer. The units were updated back in the 90's and have great spaces and are easy to rent. This building has two 1-bedroom units and two 3-bedroom units. The building has off-street parking for residents. This investor is also selling 1115 S. First St. (4 units) and 1233 S. Second St. (5 units). These buildings can be purchased individually or as a package. Please see attached rent roll for details on units.

Type:
Apartment
Sq.Ft.:
4,860
Status:
Active
Beds:
n/a
Year built:
1880
Baths:
MLS#:
1670719
Subdivision:
Old Louisville

ADDITIONAL INFORMATION

Exceptional Old Louisville Investment Opportunity! Nestled in the heart of Historic Old Louisville, this remarkable property offers both rich character and prime revenue potential. The ground floor features a versatile commercial storefront—formerly a beloved neighborhood bakery—now ready for your visionary enterprise. With its high foot traffic location, this welcoming space is ideal for a fresh business concept or a creative reimagination. Currently vacant, it's available for lease at $1,700 per month. Above, you'll find three inviting residential units, each offering two bedrooms and one bathroom. These airy apartments boast tall French windows and lofty ceilings that fill the interiors with natural light and timeless elegance.

Type:
Duplex
Sq.Ft.:
2,172
Status:
Active
Beds:
n/a
Lot size:
0.05 Acres
Year built:
1900
Baths:
MLS#:
1669296

ADDITIONAL INFORMATION

Turnkey Duplex completely vacant. Creating a golden opportunity for anyone looking to ''house-hack''. New roof just added days ago. Another huge positive is 12-14 years ago, electrical and plumbing was completely updated throughout. This ones truly ready to go. Call today for your appointment. —— Exterior Cameras exist and do not remain. Please make appointment before arriving——-

Type:
Apartment
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1880
Baths:
MLS#:
1663127
Subdivision:
Portland

ADDITIONAL INFORMATION

Step into history with 1500 Bank Street, a remarkable property in the heart of Portland that dates back to 1880, as per county records. This property stands as a beacon of the area's rich historical tapestry and offers an exceptional canvas for those looking to imprint their vision on a piece of Louisville's heritage. This distinctive building is not just a home but a piece of art. It features a unique mural encircling all of its exterior brick walls, adding a vibrant and artistic flair that captures the eye and ignites the imagination. The mural, combined with the architectural integrity of the era, makes this property a landmark in its neighborhood. While the exterior exudes historical charm, the interior of 1500 Bank Street presents a raw shell that awaits transformation. Potential buyers should enter with caution and see this as an opportunity to restore and remodel a significant space into a personalized masterpiece. This flexibility makes it an ideal project for preservationists or those dreaming of designing a space that truly reflects their style while honoring its historical significance. Located just off the historic 15th Street, the property is part of an area known for its pivotal role in Louisville's industrial expansion during the 19th century. This street helped shape Louisville into a key urban hub, rich in cultural and economic diversity. The neighborhood retains its historical charm while enjoying the benefits of modern revitalization, making it a sought-after location for both residents and investors. Owning 1500 Bank Street is not only an investment in real estate but an investment in a piece of Louisville's storied past. It's perfect for those who are passionate about history and eager to contribute to the narrative of one of Louisville's most historic neighborhoods.

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Andrea Conner, License 221773, Xome Inc., License 239054, [email protected], 844-400-XOME (9663), 1795 Alysheba Way Suite 1202 Lexington, KY 40509


The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than Xome are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2025 Metro Search Multiple Listing Service. All rights reserved.



Louisville Real Estate

The median home value in Louisville, KY is $229,700. This is higher than the county median home value of $227,100. The national median home value is $338,100. The average price of homes sold in Louisville, KY is $229,700. Approximately 54.42% of Louisville homes are owned, compared to 35.94% rented, while 9.65% 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 40203 has a population of 630,260. Louisville 40203 is less family-centric than the surrounding county with 22.76% of the households containing married families with children. The county average for households married with children is 26.68%.

The median household income in Louisville, Kentucky 40203 is $58,357. The median household income for the surrounding county is $61,633 compared to the national median of $69,021. The median age of people living in Louisville 40203 is 37.6 years.

Louisville Weather

The average high temperature in July is 87.6 degrees, with an average low temperature in January of 25.5 degrees. The average rainfall is approximately 46.2 inches per year, with 8.7 inches of snow per year.

Louisville Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    67
    30-day change

Louisville Schools and Demographics

Education near Louisville, KY

Metric City County
High School Graduates 90.23 91.25
College Degree - 2 year 8.28 8.13
College Degree - 4 year 31.61 34.99
Graduate Degree 9.04 9.98
Expenditures per Student 15,618 15,618
Students per Teacher 15.2 15.2

Elementary Schools near Louisville, KY

School Grades Students P/T Ratio ZIP
Auburndale Elementary School PK - 05 628 17.8 40214
Audubon Traditional Elementary School KG - 05 614 19.3 40217
Bowen Elementary School KG - 05 707 17.9 40242
Chancey Elementary School PK - 05 716 17.8 40241
Cochran Elementary School PK - 05 345 13.4 40208
Coleridge-Taylor Elementary PK - 05 626 17.9 40203
Dawson Orman Ed. Center PK - PK 254 17.3 40203
Engelhard Elementary School PK - 05 434 13.7 40203
Farmer Elementary PK - 05 754 17.8 40299
Fern Creek Elementary School KG - 05 725 20 40291
Foster Traditional Academy PK - 05 654 18.4 40211
Jacob Elementary School PK - 05 685 16.8 40215
Jeffersontown Elementary School KG - 05 768 18.3 40299
McFerran Preparatory Academy PK - 05 873 16.6 40208
Norton Elementary School PK - 05 729 18.6 40241
Shelby Traditional Academy PK - 05 735 17.9 40217
Stopher Elementary PK - 05 787 19.5 40245
Tully Elementary PK - 05 707 17.4 40299
Wheatley Elementary School PK - 05 395 12.4 40210
Wheeler Elementary School KG - 05 679 19.2 40291

Middle Schools near Louisville, KY

School Grades Students P/T Ratio ZIP
Crosby Middle School 06 - 08 1,419 21.6 40243
Farnsley Middle School 06 - 08 1,105 19.3 40216
Highland Middle School 06 - 08 1,079 19.3 40205
Jefferson County Traditional Middle School 06 - 08 919 20.3 40204
Johnson Traditional Middle School 06 - 08 904 19.6 40210
Kammerer Middle School 06 - 08 942 17.7 40222
Lassiter Middle School 06 - 08 912 16.6 40214
Meyzeek Middle School 06 - 08 1,122 19.2 40203
Newburg Middle School 06 - 08 1,035 18.3 40218
Noe Middle School 06 - 08 1,334 19.4 40208
Ramsey Middle School 06 - 08 1,004 19.1 40299
Westport Middle School 06 - 08 1,126 15.7 40242

High Schools near Louisville, KY

School Grades Students P/T Ratio ZIP
Atherton High School 09 - 12 1,351 20.3 40205
Ballard High School 09 - 12 1,979 19.3 40222
Butler Traditional High School 09 - 12 1,689 20.7 40216
Central High School 09 - 12 1,104 15.3 40203
Dupont Manual High School 09 - 12 1,896 19.8 40208
Eastern High School 09 - 12 2,065 18.9 40243
Fern Creek Traditional High School 09 - 12 1,545 18.6 40291
Jeffersontown High School 09 - 12 1,386 15.5 40299
Louisville Male High School 09 - 12 1,776 21.1 40213
Pleasure Ridge Park High School 09 - 12 1,894 20 40258
Seneca High 09 - 12 1,470 15.8 40220
Valley High School 07 - 12 1,485 15.8 40272

Ungraded Schools near Louisville, KY

School Grades Students P/T Ratio ZIP
* Ahrens Educational Resource 12 - 12 39 36 40202
* Audubon Youth Development Center 09 - 12 23 3.8 40242
* Boys Haven 09 - 12 23 6.5 40218
* Breckinridge Metropolitan High School 09 - 12 131 5.2 40204
* Buechel Metropolitan High School 09 - 12 117 5.3 40218
* Home of the Innocents School 07 - 12 28 40206
* JCPS Eschool 09 - 12 198 40203
* Jefferson County High School 09 - 12 260 12.2 40203
* Liberty High School 07 - 12 378 8.1 40213
* Louisville Day Treatment 09 - 12 32 6.7 40242
* Louisville Metro Youth Center 07 - 12 53 40203
* Mary Ryan Academy 09 - 12 27 4.5 40213
* South Park TAPP 09 - 12 87 5.1 40118
* The Brook-KMI 07 - 12 44 5.9 40242
* Westport TAPP 09 - 12 163 9.8 40242
Ackerly 02 - 12 16 40202
Binet School 02 - 12 68 4.1 40220
Brooklawn 06 - 12 126 8.1 40218
Brown School KG - 12 692 15.9 40202
Churchill Park Rehab PK - 12 163 5.9 40209
ESL Newcomer Academy 06 - 10 368 19.4 40212
Home of the Innocents Discovery 01 - 12 27 3.4 40206
Jefferson Technical College UG - UG 0 40203
Kentucky Tech - Jefferson Campus UG - UG 0 40203
Mary Jo and William Macdonald Maryhurst 05 - 12 61 8.1 40223
Moore Traditional School 06 - 12 1,969 16.4 40228
Peace Academy KG - 12 149 6.4 40205
The Academy @ Shawnee 06 - 12 673 15.2 40212
The Phoenix School of Discovery 04 - 12 437 12.1 40272
U of L Pact Program UG - UG 9 8.6 40292
Waller Environmental KG - 10 90 3.7 40216

Demographics near Louisville, KY 40203

Metric Zip Code City
Neighborhood Type Inner City
Population 630,260 780,449
Population Density 2,393 2,050
Median Age 37.6 38.4
People per Household 2.4 2.4
Median Household Income 58,357 61,633
Average Income per Capita 34,195 36,533