Prime 5-Plex Investment — Fully Occupied, Turnkey Cash Flow! Rare 5-unit multifamily steps from UofL's baseball stadium, minutes to Churchill Downs. 3,440 sq ft, fully rented with long-term tenants, generating $56,868 gross annual rent. Recent renovations keep expenses low for immediate cash flow. Commercial zoning adds upside for short-term rental, mixed-use, or future conversion. Walkable (Walk Score 73), high-demand corridor near campus, downtown, and Derby-season traffic. Priced to reflect strong in-place income and location premium. Rent roll and financials available upon request. Don't miss this stabilized, low-maintenance investment!
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Zillow last checked:
Listing updated:
Listed by:
Gibin George,
Keller Williams Collective
Source: Metro Search Inc. LLC DBA Apex MLS,MLS#: 1723576
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 5
Heating
MiniSplit/Ductless
Cooling
Wall/Window Unit(s)
Features
Has basement: No
Interior area
Total structure area: 3,440
Total interior livable area: 3,440 sqft
Finished area above ground: 3,440
Finished area below ground: 0
Property
Features
Exterior features: None
Lot
Size: 2,275 Square Feet
Dimensions: 35 x 65
Details
Parcel number: 11050F01760000
Construction
Type & style
Home type: Apartment
Architectural style: Traditional
Property subtype: Apartment
Attached to another structure: Yes
Materials
Brick
Roof: Shingle
Condition
Year built: 1925
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: $121/sqft
Date on market: 7/17/2026
Tenant pays: Cable TV
Electric utility on property: Yes
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$678/mo
Price history
Date
Event
Price
7/17/2026
Listed for sale
$415,000+1.2%$121/sqft
Source: Metro Search Inc. LLC DBA Apex MLS #1723576Report a problem
6/24/2026
Listing removed
$410,000$119/sqft
Source: Metro Search Inc. LLC DBA Apex MLS #1703588Report a problem
4/13/2026
Price change
$410,000-2.4%$119/sqft
Source: Metro Search Inc. LLC DBA Apex MLS #1703588Report a problem
11/17/2025
Listed for sale
$420,000$122/sqft
Source: Metro Search Inc. LLC DBA Apex MLS #1703588Report a problem
11/14/2025
Listing removed
$420,000$122/sqft
Source: Metro Search Inc. LLC DBA Apex MLS #1700168Report a problem
11/9/2025
Price change
$420,000-6.7%$122/sqft
Source: Metro Search Inc. LLC DBA Apex MLS #1700168Report a problem
10/8/2025
Listed for sale
$450,000$131/sqft
Source: Metro Search Inc. LLC DBA Apex MLS #1700168Report 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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