Fully renovated, income-producing 3 unit mixed use building in Louisville's high-growth Shelby Park / Logan Street corridor. This turnkey asset features three fully occupied units generating $7,500/month ($90,000 annually), including a ground-floor commercial lease at $3,500/month (no annual increases) through March 2029 and two furnished annual 1BR/1BA units at $2,000/month each or totalling $4,000/month combined. Separately metered with minimal near-term capex, this property offers stable cash flow with built-in upside. Zoned C-2 (STR or Short Term Rental -eligible, buyer to verify) and located directly across from Logan Street Market, the property benefits from strong foot traffic and proximity to Germantown, NuLu, and Downtown. Situated on a 0.17-acre lot with 10 off-street parking spaces—rare for the area—this is an ideal opportunity for investors seeking a stabilized mixed-use asset in one of Louisville's most active submarkets. Financials and leases available upon request. Do not disturb tenants.
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Zillow last checked:
Listing updated:
Listed by:
Stephanie L Gilezan502-817-6484,
EXP Realty LLC,
Rachel Sarah Friedman
Source: Metro Search Inc. LLC DBA Apex MLS,MLS#: 1724023
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 4
Features
Has basement: No
Interior area
Total structure area: 3,625
Total interior livable area: 3,625 sqft
Finished area above ground: 3,625
Finished area below ground: 0
Property
Features
Patio & porch: Deck, Porch
Exterior features: None
Lot
Size: 7,405 Square Feet
Dimensions: 40 x 180
Details
Parcel number: 09025A00430000
Construction
Type & style
Home type: MultiFamily
Architectural style: Contemporary
Property subtype: Triplex
Attached to another structure: Yes
Materials
Other, Aluminum Siding
Roof: Shingle
Condition
Year built: 1950
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected
Community & HOA
Community
Subdivision: None
HOA
Has HOA: No
Location
Region: Louisville
Financial & listing details
Price per square foot: $234/sqft
Date on market: 7/29/2026
Tenant pays: Gas, Sewer, Water
Electric utility on property: Yes
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$1,947/mo
Price history
Date
Event
Price
7/29/2026
Listed for sale
$850,000$234/sqft
Source: Metro Search Inc. LLC DBA Apex MLS #1724023Report a problem
7/23/2026
Contingent
$850,000$234/sqft
Source: Metro Search Inc. LLC DBA Apex MLS #1724023Report a problem
7/22/2026
Listed for sale
$850,000-10.4%$234/sqft
Source: Metro Search Inc. LLC DBA Apex MLS #1724023Report a problem
6/22/2026
Listing removed
$949,000$262/sqft
Source: Metro Search Inc. LLC DBA Apex MLS #1712032Report a problem
3/20/2026
Listed for sale
$949,000+279.8%$262/sqft
Source: Metro Search Inc. LLC DBA Apex MLS #1712032Report a problem
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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