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For sale
  • Price cut: $8.5K (7/24)
    $259,000

    339 N 42nd St, Louisville, KY 40212

    --beds
    --baths
    2,166sqft
    : 
    $1,732/mo
    Get pre-qualified
    Triplex
    Built in 1937
    -- sqft lot
    $256,100 Zestimate®
    $120/sqft
    $-- HOA

    What's special

    Incredible opportunity to own three income-producing rental homes on a single parcel in one of Louisville's fastest-growing zip codes, which has appreciated by 47.8% since July 2021. This unique investment includes two 3-bedroom homes and one 2-bedroom home, all with basements, offering ample space and functionality for long-term tenants. With current rents totaling $2918 with a newly vacated unit (was paying $975/month), this bundle will EASILY beat the 1% rule when fully occupied (Pro forma rents total over $3400/month according to LMHA estimates). This property is ideal for buy-and-hold investors, house hackers, or 1031 exchange buyers seeking turnkey rental income with strong appreciation potential. With limited inventory and rapidly rising property values across Louisville, this multi-unit setup is a rare chance to secure a high-yield, appreciating asset in a thriving market.
    334 days
    |
    95
    |
    8
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    WSG Homes denise@wsghomes.com,

    Real Broker, LLC,

    Drew Wisdom 502-310-1223

    Source: Metro Search Inc. LLC DBA Apex MLS,MLS#: 1696938MLS Logo

      Facts & features

      Interior

      Heating
      • Forced Air
      Features
      • Has basement: Yes
      Interior area
      • Total structure area: 2,166
      • Total interior livable area: 2,166 sqft
      • Finished area above ground: 2,166
      • Finished area below ground: 0

      Property

      Features
      • Exterior features: None
      Lot
      • Size: 0.32 Acres
      Details
      • Parcel number: 009c00310000

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Ranch
      • Property subtype: Triplex
      • Attached to another structure: Yes
      Materials
      • Vinyl Siding
      • Roof: Shingle
      Condition
      • Year built: 1937

      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: $120/sqft
      • Tax assessed value: $52,670
      • Annual tax amount: $676
      • Date on market: 12/4/2025
      • Electric utility on property: Yes

        Estimated market value

        $256,100

        $243,000 - $269,000

        $829/mo

        Price history

        DateEventPrice
        7/24/2026Price change$259,000-3.2%$120/sqft
        Source: Metro Search Inc. LLC DBA Apex MLS #1696938 Report a problem
        1/13/2026Price change$267,500-0.9%$123/sqft
        Source: Metro Search Inc. LLC DBA Apex MLS #1696938 Report a problem
        12/4/2025Listed for sale$270,000$125/sqft
        Source: Metro Search Inc. LLC DBA Apex MLS #1696938 Report a problem
        9/29/2025Contingent$270,000$125/sqft
        Source: Metro Search Inc. LLC DBA Apex MLS #1696938 Report a problem
        9/2/2025Listed for sale$270,000$125/sqft
        Source: Metro Search Inc. LLC DBA Apex MLS #1696938 Report a problem
        8/29/2025Listing removed$270,000$125/sqft
        Source: Metro Search Inc. LLC DBA Apex MLS #1694724 Report a problem
        8/7/2025Listed for sale$270,000+17.4%$125/sqft
        Source: Metro Search Inc. LLC DBA Apex MLS #1694724 Report a problem
        7/1/2024Sold$230,000-4.2%$106/sqft
        Source: Metro Search Inc. LLC DBA Apex MLS #1661417 Report a problem
        6/28/2024Pending sale$240,000$111/sqft
        Source: Metro Search Inc. LLC DBA Apex MLS #1661417 Report a problem
        6/12/2024Contingent$240,000$111/sqft
        Source: Metro Search Inc. LLC DBA Apex MLS #1661417 Report a problem
        5/21/2024Listed for sale$240,000-30.4%$111/sqft
        Source: Metro Search Inc. LLC DBA Apex MLS #1661417 Report a problem
        5/5/2024Listing removed$345,000$159/sqft
        Source: Metro Search Inc. LLC DBA Apex MLS #1659320 Report a problem
        5/2/2024Contingent$345,000$159/sqft
        Source: Metro Search Inc. LLC DBA Apex MLS #1659320 Report a problem
        4/24/2024Price change$345,000+336.7%$159/sqft
        Source: Metro Search Inc. LLC DBA Apex MLS #1659320 Report a problem
        4/20/2024Listed for sale$79,000+66.3%$36/sqft
        Source: Metro Search Inc. LLC DBA Apex MLS #1659065 Report a problem
        2/11/2022Sold$47,500-26.9%$22/sqft
        Source: Metro Search Inc. LLC DBA Apex MLS #1602569 Report a problem
        1/12/2022Pending sale$65,000$30/sqft
        Source: Metro Search Inc. LLC DBA Apex MLS #1602569 Report a problem
        1/1/2022Listed for sale$65,000$30/sqft
        Source: Metro Search Inc. LLC DBA Apex MLS #1602569 Report a problem
        12/17/2021Pending sale$65,000$30/sqft
        Source: Metro Search Inc. LLC DBA Apex MLS #1602569 Report a problem
        12/14/2021Listed for sale$65,000$30/sqft
        Source: Metro Search Inc. LLC DBA Apex MLS #1602569 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$676 -4.3%$52,670
        2023$707 +70.9%$52,670 +73.1%
        2022$414 -6.2%$30,420
        2021$441 +5.5%$30,420
        2020$418 $30,420
        2019$418 +1.7%$30,420 -2%
        2018$411 $31,030
        2017$411 +32.4%$31,030
        2013$310 -7.4%$31,030 -7.4%
        2011$335 $33,500
        2010$335 $33,500
        2009$335 $33,500 -14.9%
        2007-- $39,380
        2006-- $39,380
        2005-- $39,380
        2004-- $39,380
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Shawnee

        Getting around

        45 / 100
        Car-Dependent
        53 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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