Louisville KY Multi Family for Sale

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Type:
Fourplex
Sq.Ft.:
4,686
Status:
NEW LISTING
Beds:
n/a
Year built:
1880
Baths:
4.00
MLS#:
1677629
Subdivision:
Old Louisville

ADDITIONAL INFORMATION

Rare investment opportunity in the heart of the Old Louisville Historic District, directly across from the iconic Olmsted's Central Park. This charming 4-plex on Park Avenue offers a blend of historic elegance and modern convenience, making it an ideal choice for both future owner-occupants and savvy investors. Unit 1: Situated on the main floor, this spacious unit boasts 1,714 sqft of living space, featuring beautiful glass front door with transom window, hardwood floors in foyer, a cozy living room with decorative fireplace mantle and French doors leading to the front porch, and a spacious formal dining room (can easily fit a table of 6 or more) with bay window alcove. Two bedrooms, one very large with two closets, and a full bath. Kitchen with ample cabinetry, large pantry/ closet, gas range, oven, refrigerator, and dishwasher. This unit has a door off the foyer with direct access to the basement and main building foyer, and the kitchen has a door to the back exterior. Currently rented for $1,000/month to a loyal 12-year tenant. Unit 2: Located on the second floor, this fully renovated unit offers 1,003 sqft of modern living space, including a brand-new kitchen and bathroom. Beautiful hardwood flooring throughout most of this unit, a living room with ornate fireplace with marble tile surround and mantle, plus stunning park views through the front windows. Spacious bedroom with two closets and a bay window. Dining nook space in the hallway with bay window leads to the updated bathroom with tiled walk-in shower. Updated kitchen is at the rear of the unit and features white cabinetry, vinyl plank flooring, stainless steel appliances including dishwasher, range, built-in microwave and double door refrigerator. Back door off the kitchen leads out to the back deck. Currently rented for $1,295/month to a 2-year tenant. Unit 3: This charming 772 sqft studio unit has a carpeted living space with one bath, kitchen at the rear with a range and refrigerator, and a staircase in the living space that leads up to the loft space. Currently rented to a long-term 20-year tenant for $650/month. Unit 4: Offering 792 sqft of comfortable living space, this unit includes one bedroom and one bathroom. There is a large entryway/foyer that opens into the bathroom, kitchen, living area and bedroom. The spacious eat-in kitchen features laminate flooring, oak cabinetry, bay window nook for table, and a range and refrigerator. The carpeted living room has a brick accent wall and front windows overlooking Central Park. Currently rented for $750/month to a 4-year tenant. The property also includes an unfinished basement with coin laundry facilities, a fully fenced yard with recent new fence, and off-street parking for four vehicles. The roof and gutters were replaced approximately eight years ago, ensuring peace of mind for future owners. Each unit is separately metered for gas and electric, with independent HVAC systems and water heaters for each one. This property presents a perfect opportunity to enjoy the vibrant community of Old Louisville while generating rental income, or for an investor looking to expand their portfolio with a well-maintained, income-producing asset. Don't miss out on this exceptional offering in a prime location!

Type:
Duplex
Sq.Ft.:
2,135
Status:
Active
Beds:
n/a
Lot size:
0.04 Acres
Year built:
1890
Baths:
3.00
MLS#:
1677092
Subdivision:
Old Louisville

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.

Type:
Triplex
Sq.Ft.:
2,670
Status:
Active
Beds:
n/a
Lot size:
0.12 Acres
Year built:
1934
Baths:
3.00
MLS#:
1672270

ADDITIONAL INFORMATION

Excellent investment opportunity - current total rent for all units: $2675! This unique property consists of a duplex and a single family home on the same parcel, deeded together. The duplex has 4 bedrooms and 2 bathrooms (2 bedroom, 1 bath on each level). The single family home is a 1 bedroom, 1 bathroom cottage with laundry inside the unit as well as a basement for storage. Apt 1 (first floor of duplex) is approximately 1000 square feet with 2 bedrooms and 1 bathroom with basement access for laundry. The bathroom was recently remodeled and has a newer water heater and furnace. Apartment 2 (second floor) is a 2 bedroom, 1 bath home with approximately 1000 square feet of living space with a new refrigerator, fresh paint, newer carpet and kitchen flooring. See documents section for a list of updates and details. All units are currently tenant occupied - please do not go to the homes without an approved appointment.

Type:
Duplex
Sq.Ft.:
2,100
Status:
Active
Beds:
n/a
Year built:
1910
Baths:
MLS#:
1671201

ADDITIONAL INFORMATION

Type:
Triplex
Sq.Ft.:
1,830
Status:
Active
Beds:
n/a
Lot size:
0.14 Acres
Year built:
1900
Baths:
MLS#:
1667209

ADDITIONAL INFORMATION

Excellent opportunity for either an investor looking to add to their portfolio or an owner occupant looking to house hack and live in one of the units and rent the others! This tri-plex is situated on a double lot with 2 separate buildings, one duplex and one separate unit. Both buildings have been updated in the past and offer a modern feel. Schedule a a showing today!

Type:
Fourplex
Sq.Ft.:
2,776
Status:
Active
Beds:
n/a
Year built:
1900
Baths:
MLS#:
1659161

ADDITIONAL INFORMATION

Do not use showing time, please contact agent directly. Property is less than .5 miles from three student housing apartments and a mile from University of Louisville's campus. Property is currently built out as 5 apartments. One is on the first floor, and the remaining four are on the second floor. There is 1,874 square feet of unfinished space on the first floor that has been framed out as boarding rooms. EZ-1 zoning offers ultimate flexibility on site. There is ample parking that would allow a buyer to finish the boarding rooms, build out more apartment units, or lease the first floor to a business. Please follow this link to fill out the confidentiality agreement. Once completed, you will be sent financials and the floor plan. https://docs.google.com/forms/d/e/1FAIpQLScmAUzRhl99cLB5gnPxaYEaYgcsC0ZV3qWrMZ_LwUw0FXQlMA/viewform

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1900
Baths:
MLS#:
202305764

ADDITIONAL INFORMATION

We will be showing the property Friday May 26 at 11:00 am. This property is located in ''Old Louisville!!!'' The location is just perfect. One block from the University of Louisville and Cardinal Towne. A short distance from Churchill Downs, I-65, and the airport. Some of the units have been updated and some are in the process of renovation. Owner is selling the property ''as is'' but inspections are welcome. All appliances remain with units. Perfect units for University of Louisville students. This is a solid investment to add to your real estate portfolio. 6-one bedroom units. 1-two bedroom unit. 2 efficiencies.

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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.

Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176

Information is provided exclusively for consumers personal, non - commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2025, Southern Indiana Realtors Association. 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 40208 has a population of 630,260. Louisville 40208 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 40208 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 40208 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

    46
    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
Eisenhower Elementary School PK - 05 613 20.2 40258
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
Goldsmith Elementary KG - 05 613 15.7 40220
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
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
Southern High School 09 - 12 1,194 15.4 40219
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 40208

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