Calling all investors and owner-occupants- this is the opportunity you've been waiting for! One of the best multi-family properties in the city! This property features two units, each with two bedrooms and one bath. In the last ten years the building has gotten new windows, a new roof, new siding, new soffits, new gutters and is truly a maintenance-free exterior. Kitchens and bathrooms have been updated with new cabinets, flooring, plumbing fixtures, appliances and granite counters. All hardwood flooring has been refinished and walls repainted. Water heaters and HVAC systems all replaced in the last few years. High efficiency gas furnaces and AC systems. New landscaping, patio and fencing installed in 2023. Three off street parking spaces in rear. See agent notes for showing times. First floor bedrooms each have an adjoining office. Second floor unit has sunroom across the back. Plenty of street parking in front. Full basement with three lockable storage areas and laundry areas. Sale includes the high efficiency laundry sets for each unit. Basement has always been dry. Downstairs unit will be vacant 9/30. Several parties have already reached out to current owner regarding leasing the space. Or could be owner occupied. Current tenant pays all utilities. Seller has quarterly pest control contract in place with Okolona pest control, with transferrable warranties.
This versatile 2-story property in the Highlands, located at the prominent corner of Bardstown Rd & Deer Park Ave, is brimming w/ potential. With a flexible C2 zoning designation, the building features a 1BR/1BA residential unit on the second floor, & a spacious, open unit on the first floor that can serve as either a second residential unit, retail space, or office. Conveniently situated near popular Highlands spots like the Bardstown Rd Farmer's Market, El Mundo, Pivot Brewing, & Safai Coffee Shop, & just a short drive from Cherokee Park & Bellarmine University, this property is ideally positioned for success as either a full-time or short-term rental. The property also includes a fast-serve restaurant space currently leased as a hot dog & ice cream stand. Originally a garage, this space has been upgraded with commercial plumbing, electrical systems, & a newly installed grease trap. With the vibrant activity & growth in the Highlands area, this is a fantastic opportunity to make your mark in a thriving neighborhood!
Welcome to 2107 Speed Avenue. This turn key four-plex was completely renovated 2 years ago. Each unit features 2 bedrooms and 1 bathroom. The tenants on the first floor enjoy the porch overlooking Speed Avenue while the tenants on the second floor enjoy their balconies overlooking the large backyard and off street parking for four vehicles. Each tenant has access to a shared laundry and their own storage spaces. The location is supreme. You are in close proximity to Cherokee Park and Bardstown Road eateries, entertainment and shopping. Call for your private showing today.
This well maintained eight unit multifamily property is located in an extremely desirable section of The Highlands, steps from Cherokee Park on a quiet corner, and nestled among luxury single family homes - it does not get better. Each unit is quite large, approx. 850 SF, with a bedroom, a potential second bedroom (or sunroom), plus living room, dining room, kitchen and bathroom. There are hardwood floors throughout and charming built in storage, plus detached garage space for each tenant. LG&E is separately metered, with separate HVAC systems. Coin op laundry and additional tenant storage is also available on site. The roof is new from 2018. Rents are below market and there is significant room to increase revenue. This property is an excellent opportunity to invest in a rare, generational asset that will be a gem in any investment portfolio. The current tenants are mostly long term and pay well under-market rents. There is opportunity to increase revenue significantly.
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 40205 has a population of 684,917. Louisville 40205 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 40205 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 40205 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.