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.
Attention investors and DIY enthusiasts! Multiple exit strategies: finish this remodel then either flip, rent or move in! Home being sold as is. Cash preferred but will consider financed all offers. Seller is assisted by an Attorney in Fact. Do not knock on door or approach house without prior communication.
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!
*This lot is bundled with 434 Amy Ave, 432 Amy Ave, 438 Amy Ave (Quad-plex) * Do you want to own 3/4th of a block? This is a complete bundle deal. Come check out these huge lots that sit alongside of a Quad-plex. 3 of the units are currently rented out with tenants. These are 1 bedroom 1 bath units. The building also has a basement. This bundle is an Investors dream. This bundle is close to local amenities, right up the street from the Norton Sports Complex, the Westend Norton's Hospital, parks, transportation, and the all the new and upcoming changes in the Portland Area.
INVESTORS - Huge 5 Unit Apartment building , over 5700 square footage - Could be a 4 Unit if desired. Good Opportunity Potential. SOLD AS IS Needs remodel.
Bring your imagination and your offer to seize this large, multi-family investor opportunity in the Portland area.
Previous buyer did not perform. No inspection or appraisal was completed. Serious inquiries only please. Opportunity Zone and Historic Tax Credit potential! Welcome to the Historic Portland Tavern Building - A property with a rich history in the heart of Louisville, KY. This historic building, originally the Portland Grocery/Tavern, offers a unique opportunity for investors, entrepreneurs, or those with a passion for preserving history. Property Details: Zoning: C-R (Commercial-Residential) Property Type: Duplex Historic Tax Credits: Yes Opportunity Zone: Yes Potential Uses: Short Term Rentals, Long Term Rentals, Pub or Tavern Concept Please review the drawings and floor plan schematics designed to bring the space back to life as a tavern with upstairs STR unit Historical Charm: The soul of this property lies in its history. The limestone threshold at the front of the property, worn with a unique pattern from years of foot traffic entering and exiting the Tavern, tells a story of Louisville's past. Owning this property means becoming a steward of the city's heritage. Current Condition: While the property's current condition is in need of some TLC, it remains livable. This presents an excellent opportunity for both investors and owner-occupants who are willing to live on-site while undertaking the necessary renovations. The potential for restoration and revitalization is boundless. Investment Potential: Whether you envision transforming this space into a vibrant short-term rental, a cozy long-term rental, or reviving it as a pub or tavern, the versatile C-R zoning opens the door to numerous possibilities. With a touch of creativity and a commitment to preserving history, this property can once again become a thriving establishment in Louisville's vibrant community. Don't miss out on this chance to own a piece of Louisville's history and contribute to its future.
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 40212 has a population of 630,260. Louisville 40212 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 40212 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 40212 is 37.6 years.
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.