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Sold for $360,000
  • $360,000

    4307 Elliott Ave, Louisville, KY 40211

    12beds
    6baths
    5,408sqft
    Apartment
    Built in 1946
    -- sqft lot
    $-- Zestimate®
    $67/sqft
    $1,598 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,598/mo

    Zestimate® history
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    What's special

    This solid income-producing 6-unit apartment building is 100% occupied and already generating strong cash flow. Current monthly rental income totals $4,815 across all units: • Apt 1 - $755 • Apt 2 - $755 • Apt 3 - $850 • Apt 4 - $755 • Apt 5 - $850 • Apt 6 - $850 Total Annual Gross Income: $57,780 Operating expenses are very manageable, with water averaging $300-$400, electric only $60-$70, and dumpster service at $115 monthly. With low overhead and stable tenants already in place, this property offers excellent cash-on-cash returns and immediate income from day one. Highlights: • Fully rented - no vacancy worries • Strong rental demand in the area • Low operating expenses • Turnkey investment with This is an ideal opportunity for both new and seasoned investors looking for reliable monthly income and long-term appreciation. At the current rent roll with a $385,000 sales price, this 6-plex produces a 13.4% cap rate with $51,420 in annual NOI  making it an outstanding turnkey cash-flow opportunity. We need a 24 hour notice for all showings so don't hesitate! Schedule your showing today before it is gone. *The photos pictured are of the units that were remodeled before getting new tenants.

    Zillow last checked:

    Listing updated:

    Listed by:

    Lindsey Stewart 502-418-2359,

    Pride Realty

    Bought with:

    Drew Wisdom, 221663

    Real Broker, LLC

    Source: Metro Search Inc. LLC DBA Apex MLS,MLS#: 1698438MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 6
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Features
    • Has basement: Yes
    Interior area
    • Total structure area: 5,408
    • Total interior livable area: 5,408 sqft
    • Finished area above ground: 5,408
    • Finished area below ground: 0

    Property

    Features
    • Exterior features: None
    Lot
    • Size: 9,583 Square Feet
    • Dimensions: 9714
    • Features: Sidewalk
    Details
    • Parcel number: 006A00010000

    Construction

    Type & style
    • Home type: Apartment
    • Architectural style: Other
    • Property subtype: Apartment
    • Attached to another structure: Yes
    Materials
    • Brick Veneer
    • Roof: Shingle
    Condition
    • Year built: 1946

    Utilities & green energy

    • Sewer: Private 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: $67/sqft
    • Date on market: 9/18/2025
    • Tenant pays: Cable TV, Electricity, Gas
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    12/18/2025Sold$360,000-6.5%$67/sqft
    Source: Metro Search Inc. LLC DBA Apex MLS #1698438 Report a problem
    10/7/2025Contingent$385,000$71/sqft
    Source: Metro Search Inc. LLC DBA Apex MLS #1698438 Report a problem
    9/18/2025Listed for sale$385,000$71/sqft
    Source: Metro Search Inc. LLC DBA Apex MLS #1698438 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Shawnee

    Nearby schools

    GreatSchools rating
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