6-Unit Multifamily Investment Opportunity | Strong In-Place Cash Flow | Louisville, KY Well-maintained six-unit multifamily investment property offering immediate cash flow with approximately $86,100 in annual gross rental income. This stabilized asset features a diverse rent roll with six occupied residential units and presents an attractive opportunity for investors seeking long-term appreciation and consistent income. Current monthly rental income totals $7,175, with individual unit rents ranging from $900 to $1,800. The property benefits from established occupancy and provides investors with both reliable cash flow and the opportunity to enhance returns through operational efficiencies and strategic asset management. Property Highlights: * Six residential units * Gross Scheduled In * Diverse rent roll * Strong in-place cash flow * Ideal for 1031 exchange buyers * Suitable for portfolio expansion or first-time multifamily investors * Convenient access to downtown Louisville, major employers, interstate highways, and public transportation Available Due Diligence Materials Include: * Current rent roll * Lease summary * Operating expenses * Property tax and insurance information * Additional financial documentation upon request This property offers an excellent opportunity to acquire a stabilized income-producing asset in one of Louisville's established rental markets. Contact the listing broker for the complete investment package and to schedule a private property tour.
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Zillow last checked:
Listing updated:
Listed by:
Greg Taylor,
Trueblood Real Estate
Source: Metro Search Inc. LLC DBA Apex MLS,MLS#: 1724505
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 11
Bathrooms: 6
Heating
Electric, Forced Air, Natural Gas
Cooling
Ductless, Central Air, Wall/Window Unit(s)
Features
Has basement: Yes
Interior area
Total structure area: 4,905
Total interior livable area: 4,905 sqft
Finished area above ground: 4,905
Finished area below ground: 0
Property
Features
Patio & porch: Deck, Porch
Exterior features: None
Lot
Size: 0.27 Acres
Dimensions: 60 x 195
Features: Sidewalk
Details
Additional structures: Pergola
Parcel number: 02003J01210000
Construction
Type & style
Home type: Apartment
Architectural style: Other
Property subtype: Apartment
Attached to another structure: Yes
Materials
Vinyl Siding, Brick Veneer, Brick
Roof: Asphalt,Shingle
Condition
Year built: 1976
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Community
Subdivision: None
HOA
Has HOA: No
Location
Region: Louisville
Financial & listing details
Price per square foot: $173/sqft
Date on market: 7/27/2026
Tenant pays: See Remarks
Electric utility on property: Yes
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$1,636/mo
Price history
Date
Event
Price
7/27/2026
Listed for sale
$850,000+209.1%$173/sqft
Source: Metro Search Inc. LLC DBA Apex MLS #1724505Report a problem
4/27/2022
Sold
$275,000-5.1%$56/sqft
Source: Metro Search Inc. LLC DBA Apex MLS #1596876Report a problem
4/27/2022
Pending sale
$289,900$59/sqft
Source: Metro Search Inc. LLC DBA Apex MLS #1596876Report a problem
2/21/2022
Contingent
$289,900$59/sqft
Source: Metro Search Inc. LLC DBA Apex MLS #1596876Report a problem
2/20/2022
Listed for sale
$289,900$59/sqft
Source: Metro Search Inc. LLC DBA Apex MLS #1596876Report a problem
2/14/2022
Pending sale
$289,900$59/sqft
Source: Metro Search Inc. LLC DBA Apex MLS #1596876Report a problem
12/2/2021
Price change
$289,9000%$59/sqft
Source: Metro Search Inc. LLC DBA Apex MLS #1596876Report a problem
9/23/2021
Listed for sale
$290,000$59/sqft
Source: Metro Search Inc. LLC DBA Apex MLS #1596876Report a problem
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Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
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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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