Louisville KY Multi Family for Sale
- Type:
- Fourplex
- Sq.Ft.:
- 3,114
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.18 Acres
- Year built:
- 1920
- Baths:
- MLS#:
- 1674246
- Subdivision:
- Kenilworth
View additional info
Courtesy: Carol Luthi Associates
502-876-1006
ADDITIONAL INFORMATION
Well cared for 5 plex. Zoned 0R-1, Multi-family /offices. Brick building has 2 apartments on 1st floor and 2 apartments on 2nd floor plus 1 studio apt in basement. Exterior freshly painted. Lay out the same in all units -with 2 rooms, then kitchen, bath and bedroom. The basement 1 BR studio apartment has it's own alley entrance door and 2nd exit through basement door. Studio is heated with an air/heat window unit. Separate meters. Separate Circuit breakers, 4 furnaces, 4 C/A units, 5 hot water tanks. 2 washer and dryers for tenants to use. Hardwood floors and some carpet. All units currently occupied.
- Type:
- Duplex
- Sq.Ft.:
- 2,250
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.11 Acres
- Year built:
- 1902
- Baths:
- MLS#:
- 1673346
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Courtesy: Family Realty LLC
502-458-4100
ADDITIONAL INFORMATION
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!
- Type:
- Duplex
- Sq.Ft.:
- 2,270
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1930
- Baths:
- MLS#:
- 1671231
- Subdivision:
- Highlands
View additional info
Courtesy: Weichert Realtors-ABG
502-893-1900
ADDITIONAL INFORMATION
Perfect opportunity for owner occupant Airbnb or rental investment! This property features two units, separately metered, each with two bedrooms and one bath. In the last ten years the building has had new windows installed, a new roof, siding, soffits, and gutters - 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. 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 is currently vacant - $1750 month. Several parties have already reached out to current owner regarding leasing the space. Tenants pays all utilities. Seller has quarterly pest control contract in place with Okolona pest control, with transferrable warranties.
$1,336,000
1906 Dorothy Ave Louisville, KY 40205
- Type:
- Apartment
- Sq.Ft.:
- 7,806
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1927
- Baths:
- MLS#:
- 1667280
View additional info
Courtesy: PRG Commercial Property Advisors
502-365-3840
ADDITIONAL INFORMATION
This well maintained eight unit multifamily property is located in an extremely desirable section of The Highlands, steps from Cherokee Park on a quiet corner, and nestled among luxury single family homes - it does not get better. Each unit is quite large, approx. 850 SF, with a bedroom, a potential second bedroom (or sunroom), plus living room, dining room, kitchen and bathroom. There are hardwood floors throughout and charming built in storage, plus detached garage space for each tenant. LG&E is separately metered, with separate HVAC systems. Coin op laundry and additional tenant storage is also available on site. The roof is new from 2018. Rents are below market and there is significant room to increase revenue. This property is an excellent opportunity to invest in a rare, generational asset that will be a gem in any investment portfolio. The current tenants are mostly long term and pay well under-market rents. There is opportunity to increase revenue significantly.
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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 40205 has a population of 630,260. Louisville 40205 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 40205 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 40205 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.