Great opportunity with this tri-plex near Churchill Downs! All units rented and on leases. Updated to include 90% efficient furnace. Shared laundry in the basement. Unit 1 is 2 bedrooms, 1 bath w/deck access and driveway. Unit 2, second level is 1 bedroom, 1 bath. Unit 3, basement, is 1 bedroom, 1 bath. All rents need to be raised to market rents. Rents can be raised with 60 day notice according to leases in place. All rents include utilities. Utilities run about $400/month. Large fenced backyard.
This beautifully maintained and recently updated multi-unit residential rental property offers the perfect opportunity for savvy investors. Featuring four 1 bedroom-1 bath, fully occupied units, this property generates consistent cash flow and is an excellent addition to any portfolio. Each unit was recently updated in 2023 to ensure long-term tenant satisfaction and minimal maintenance. The property includes off street parking & washer and dryer hookups in basement. Recent updates include New Roof (2023), additional water heater (2024) and refinished hardwood floors (2023), enhancing both the aesthetic appeal and value. Tenants pay all utilities. Whether you're a seasoned investor or new to the market, this turn key property delivers immediate cash flow and is a must see!
This eight 2BR/1BA unit property is located in a high rental-demand area of South Louisville. The seller has begun the process of re-tenanting the property and has been achieving rents in the high $900's. Highlights include: > Eight 2BR/1BA units > Washer/Dryer hookups > Separately metered for LGE > Ample off-street parking > Opportunity to increase revenue, with some demonstrated high rents in place The seller does NOT currently pay flood insurance. The building on the property is not in the flood zone.
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 40214 has a population of 630,260. Louisville 40214 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 40214 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 40214 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.