Duplex in the Shelby Park neighborhood. Leases quickly. Unit #1 2BR/1BA is leased for $800/mo includes all utilities paid by the owner and garage access on a month to month lease. Unit #2 1BR1BA is vacant and leases for $700/mo with all utilities paid by the owner. New windows installed in 2018. Roof and furnace installed in 2015. Water heater installed in 2015. Unit #1 requires 48 hour notice. Schedule your showing today!
Don't miss out on this rare opportunity to own a mixed-use duplex in the thriving Schnitzelburg neighborhood! Located just minutes from some of the city's best bars, restaurants, and parks, this property offers both incredible flexibility and an unbeatable location. Whether you're looking for a multi-family property, a commercial space, or a blend of both, this property's OR1 zoning and unique layout make it a standout investment. The OR1 zoning allows for a range of possibilities, from long - OR - short-term residential rentals to commercial office space. You can choose to keep both units as residential rentals or convert the downstairs unit back into a commercial space. The downstairs has previously housed a grocery store, hair salon, and various office spaces, making it perfect for someone looking to bring a new business into the area. The upstairs unit is ideal for residential living, providing privacy, charm, and access to a shared backyard. Both units have separate entrances and utility meters, offering maximum flexibility for tenants and Owners. Its versatility gives you the freedom to create a space that works best for your needs. A small fenced backyard offers outdoor space for tenants, while a walk-up basement provides additional storage or the potential for future expansion. Steeped in history, this property has served the Schnitzelburg community for decades. Whether you continue its residential legacy or transform it into a commercial hub, this property gives you the chance to own a piece of Schnitzelburg's past while shaping its future. This duplex is perfectly positioned to take full advantage of Schnitzelburg's vibrant atmosphere - it's less than 5 minutes from the area's top spots like Monnik, The Merryweather, Hauck's, & Logan Street Market. Whether you are seeking potential tenants or looking for a future business venture, the walkability and charm of this neighborhood make it an ideal location. Come have a look for yourself and take a walk through a slice of history!
Welcome to 2411 S. Shelby Street. This 5-plex apartment building presents an excellent investment opportunity. Convenient to UofL, downtown Louisville, Audubon Park, Germantown, and the Highlands, potential tenants will love the central location. This property is zoned C-1 and has endless possibilities for end use. You could keep the current apartment layout as-is (5 one bedroom, one bath units), and potentially renting units 1, 2, and 5 to high paying Section 8 tenants and enjoying a cash-cow. You could live in one of the units and rent out the others to house hack. Or convert the main floor to a short-term rental or storefront space while keeping three one bedroom apartments above and below. The roof, siding, windows, and storm windows are all updated. New kitchen cabinets for all 5 units (not yet installed) are included and convey with the property. All 5 units have separate electric meters while the gas and water are each on one shared meter. The whole building is serviced by one HVAC system and one water heater, saving potential headaches and costs from multiple systems. This property is being sold "as-is."
Attention Investors! Leased until 2025! This unique property offers a fantastic investment opportunity with two separate houses on a single lot, conveniently located near the University of Louisville. Both homes are newer construction with 3 bedrooms and 1.5 bathrooms. Bedrooms are spacious, have eat-in kitchens, and offer separate laundry rooms. You will find a half bath downstairs and a full upstairs in each home. Whether you're seeking a rental income stream or a multi-family living arrangement, this property offers endless possibilities. Don't miss out on this exceptional opportunity!
If you are looking for 2 units in a phenomenal area of Louisville, KY then you have FOUND IT! This duplex is the definition of RENOVATED and READY TO GO! This property consists of a 2 bed, 1 bath house and a studio in the back. This is your chance to acquire a property that should have little maintenance and capex items due to the significant amount of renovations done by the owner. With a current rent roll of $1930, this property has a great foundation in place that can only be made better by increasing the rents-which is your value add opportunity! The best part of this property is LOCATION, LOCATION, LOCATION as it is in a phenomenal area for all types of investment properties: student housing, long term rentals, mid term rentals, etc. The possibilities are limited only by your own This area is also great on value-having seen a 42% increase in sales price over the last 5 years. This investment has everything you want in a property-so what are you waiting for? Make an offer today, before it's gone!
Great investment! Fully occupied 4 plex apartment building. Centrally located near Germantown/ University of Louisville, and on a bus line. The building is Zoned Enterprise Zone, (which allows many uses). Prospective buyers- take advantage of the new mortgage guidelines for owner- occupied 1-4 family apartment buildings ( 5% down payment). Note: Seller is a licensed real estate broker in the state of Kentucky. Agents: Please read agent notes.
The median home value in Louisville, KY is $166,268. This is higher than the county median home value of $161,000. The national median home value is $219,700. The average price of homes sold in Louisville, KY is $166,268. Approximately 49.74% of Louisville homes are owned, compared to 40.5% rented, while 9.76% 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 40217 has a population of 684,917. Louisville 40217 is less family-centric than the surrounding county with 24.93% of the households containing married families with children. The county average for households married with children is 26.96%.
The median household income in Louisville, Kentucky 40217 is $48,392. The median household income for the surrounding county is $52,237 compared to the national median of $57,652. The median age of people living in Louisville 40217 is 36.3 years.
The average high temperature in July is 87.92 degrees, with an average low temperature in January of 26.08 degrees. The average rainfall is approximately 46.52 inches per year, with 9.76 inches of snow per year.