Located in a desirable section of South Louisville, this C-1 commercially zoned 18 unit property has undergone significant renovations including: new staircase, new sidewalk, new windows, repavement, new plumbing, new kitchens, tile bathrooms, several new furnaces, roof from 2019. Almost every unit has been turned and upgraded. There are eight 2BR/1BA units and ten 1BR/1BA units, all separately metered for LG&E with separate HVAC's and hot water heaters. The property is 100% leased, with room to increase future revenues. There is ample off street parking on the large, .57ac lot. This property presents an excellent opportunity to invest in a turnkey multifamily asset.
Brick Fourplex - 2 bedrooms 1 bath units with washer/dryer hookups and central air. 3 of 4 units rented - Owner pays water/sewer - Tenants pay Electric/gas and a portion of trash.
Brick Fourplex - 2 bedrooms 1 bath units with washer/dryer hookups and central air. 3 of 4 units rented - Owner pays water/sewer - Tenants pay Electric/gas and a portion of trash. Advance Notice to see 1 vacant apartment prior to making an offer and upon accepted contract access to all apartments will be given.
Brick Fourplex - 2 bedrooms 1 bath units with washer/dryer hookups and central air. 3 of 4 units rented - Owner pays water/sewer - Tenants pay Electric/gas and a portion of trash.
Brick Fourplex - 2 bedrooms 1 bath units with washer/dryer hookups and central air. 3 of 4 units rented - Owner pays water/sewer - Tenants pay Electric/gas and a portion of trash.
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 40258 has a population of 630,260. Louisville 40258 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 40258 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 40258 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.