Louisville KY Multi Family for Sale

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Type:
Fourplex
Sq.Ft.:
2,251
Status:
Active
Beds:
n/a
Year built:
1966
Baths:
MLS#:
1661134

ADDITIONAL INFORMATION

NEW AS-IS PRICE Incredible rare find in the heart of Fern Creek! Over 6 rolling creek side acres than includes a rare opportunity with 5 homes one property. Great for Investor, or someone looking for a great Airbnb opportunity with some work and planning. 2 of the 5 homes are currently rented, and 1 is owner occupied. The details of this listing relates to owner occupied Owner's residence. (home #1) --Home #5 has great history, parts of which date back to the 1800's, with beautiful stone, original wood trim, a 1-2 br, 1 bath home with a 1 car garage, central air. Home # 4 is 2 br, 1bth, central air, 1 car garage ( former office of the honorable order of KY colonels), Home #3 currently rented 2 br, 1 bath, cathedral ceiling, central air, storage and currently rented at 825 month (could be raised). Home #2 1 bedroom, 1 bath, central air and currently rented. Strategic Location: Business and Pleasure Situated a mere six miles from the Watterson Expressway and three miles from the Gene Synder, the estate offers easy access to the city while providing a tranquil country setting in the middle of bustling Fern Creek. It's an ideal spot for corporate retreats, offering businesses a unique venue for team-building and strategy sessions in a peaceful environment. These homes, dating back to the late 1800s, offer guests a chance to step back in time. Whether utilized for themed vacation rentals, long-term leases, or as intimate business retreats, these cottages provide a steady stream of income with their charm and historical significance. Diverse Revenue Streams: Your Financial Foothold With five separate homes on the property, the estate is a multi-faceted investment that can cater to various market needs. From short-term vacation stays to long-term rentals, the potential for revenue is as vast as the estate itself. Natural Haven: A Wildlife Retreat The property's rolling hills and creek are not just a backdrop but a sanctuary for deer and other wildlife, adding to the allure for guests and residents alike. This natural setting provides a picturesque escape from the hustle and bustle of city life. A Rare Opportunity: Invest in a Legacy 5737 S Watterson Trail is more than an estate; it's a piece of history, a business venture, and a personal retreat all in one. This estate is not just a collection of homes; it's a community, a destination, and a lifestyle. Make 5737 S Watterson Trail the cornerstone of your investment portfolio and watch as it grows into a prosperous future.

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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 2024 Metro Search Multiple Listing Service. All rights reserved.



Louisville Real Estate

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 40291 has a population of 684,917. Louisville 40291 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 40291 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 40291 is 36.3 years.

Louisville Weather

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.

Louisville Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    114
    30-day change

Louisville Schools and Demographics

Education near Louisville, KY

Metric City County
High School Graduates 87.66 89.7
College Degree - 2 year 7.21 7.84
College Degree - 4 year 29.82 32.28
Graduate Degree 8.46 9.49
Expenditures per Student 12,392 12,414
Students per Teacher 17.2 16.4

Elementary Schools near Louisville, KY

School Grades Students P/T Ratio ZIP
Bates Elementary School KG - 05 545 17.1 40291
Blue Lick Elementary School PK - 05 500 16.2 40229
Chancey Elementary School PK - 05 716 17.8 40241
Cochrane Elementary School KG - 05 365 15.1 40299
Farmer Elementary PK - 05 754 17.8 40299
Fern Creek Elementary School KG - 05 725 20 40291
Jeffersontown Elementary School KG - 05 768 18.3 40299
Klondike Elementary PK - 05 575 16 40218
Laukhuf Elementary School PK - 05 456 18.8 40229
Luhr Elementary School PK - 05 483 16.5 40228
McFerran Preparatory Academy PK - 05 873 16.6 40208
Norton Elementary School PK - 05 729 18.6 40241
Price Elementary School KG - 05 513 12.8 40218
Shelby Traditional Academy PK - 05 735 17.9 40217
Smyrna Elementary KG - 05 552 19.5 40228
Stopher Elementary PK - 05 787 19.5 40245
Tully Elementary PK - 05 707 17.4 40299
Watterson Elementary School KG - 05 589 18.1 40218
Wheeler Elementary School KG - 05 679 19.2 40291
Wilt Elementary School PK - 05 489 17.7 40229

Middle Schools near Louisville, KY

School Grades Students P/T Ratio ZIP
Carrithers Middle School 06 - 08 559 17.1 40299
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
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 40291

Metric Zip Code City
Neighborhood Type Suburban
Population 684,917 764,378
Population Density 3,203 2,008
Median Age 36.3 38
People per Household 2.3 2.4
Median Household Income 48,392 52,237
Average Income per Capita 26,651 31,039