Value-add 14-unit multifamily investment opportunity in West Louisville. The property consists entirely of 1-bedroom, 1-bath units, with 12 units approximately 550+ SF and 2 units approximately 800+ SF. Currently generating ~$8,000/month in gross income with four vacancies, including two recently renovated units now in lease-up, offering immediate upside through stabilization and rent normalization. Market rents are $800+ for market tenants (tenant-paid gas and electric) and $950+ for Section 8 (gross). Each unit is individually metered for LG&E, with water/sewer common. Recent ownership upgrades help reduce near-term CAPEX. Convenient location with quick access to I-264 and major Louisville corridors, positioned in an area seeing continued community investment and redevelopment.
144 days
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176
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11
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Zillow last checked:
Listing updated:
Listed by:
Desmond Martin502-553-3296,
Colliers
Source: Metro Search Inc. LLC DBA Apex MLS,MLS#: 1711511
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 16
Bathrooms: 14
Heating
Radiant, Other
Cooling
Central Air, Wall/Window Unit(s)
Features
Has basement: Yes
Interior area
Total structure area: 9,824
Total interior livable area: 9,824 sqft
Finished area above ground: 9,824
Finished area below ground: 0
Property
Features
Exterior features: None
Lot
Size: 0 Square Feet
Dimensions: .15
Details
Parcel number: 01006G00370000
Construction
Type & style
Home type: MultiFamily
Architectural style: Other
Property subtype: Quadruplex
Attached to another structure: Yes
Materials
Brick Veneer
Roof: Asphalt
Condition
Year built: 1929
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Other
Community & HOA
Community
Subdivision: Lindell
HOA
Has HOA: No
Location
Region: Louisville
Financial & listing details
Price per square foot: $100/sqft
Date on market: 3/16/2026
Tenant pays: Cable TV, Electricity
Electric utility on property: Yes
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$672/mo
Price history
Date
Event
Price
3/16/2026
Listed for sale
$980,000+56.8%$100/sqft
Source: Metro Search Inc. LLC DBA Apex MLS #1711511Report a problem
2/28/2023
Listing removed
--
Source: Metro Search Inc. LLC DBA Apex MLS #1622443Report a problem
1/16/2023
Price change
$624,900-3.7%$64/sqft
Source: Metro Search Inc. LLC DBA Apex MLS #1622443Report a problem
12/1/2022
Price change
$649,000-13.4%$66/sqft
Source: Metro Search Inc. LLC DBA Apex MLS #1622443Report a problem
11/2/2022
Pending sale
$749,000$76/sqft
Source: Metro Search Inc. LLC DBA Apex MLS #1622443Report a problem
10/18/2022
Price change
$749,000-6.4%$76/sqft
Source: Metro Search Inc. LLC DBA Apex MLS #1622443Report a problem
10/3/2022
Price change
$799,900-5.9%$81/sqft
Source: Metro Search Inc. LLC DBA Apex MLS #1622443Report a problem
9/19/2022
Listed for sale
$850,000+240%$87/sqft
Source: Metro Search Inc. LLC DBA Apex MLS #1622443Report a problem
8/28/2014
Sold
$250,000$25/sqft
Source: Metro Search Inc. LLC DBA Apex MLS #1383811Report a problem
Hide
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/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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