Great investment opportunity featuring four fully occupied 2 bedroom, 1 bath apartments with a solid rental history and dependable cash flow. Several long term tenants have called this property home for over seven years, providing excellent stability for investors. Each unit offers laundry hookups, with additional laundry hookups located in the basement and private storage areas in the basement that present potential for additional income. Major improvements completed in 2018 include the roof, HVAC systems, appliances, and pavement, helping reduce future maintenance expenses. Conveniently located within walking distance of GE, FedEX TARC bus lines, ALDI and other everyday amenities, making it an attractive location for tenants. Owner pays water, sewer, electric and trash pickup, tenants are responsible to pay electric and gas service. May be purchased together with 4920 Cawood Drive, just down the street, for an excellent portfolio opportunity.
For sale
Price increase: $30K (7/21)
$430,000
4342 Newport Rd, Louisville, KY 40218
8beds
4baths
3,430sqft
Quadruplex
Built in 1972
-- sqft lot
$419,700 Zestimate®
$125/sqft
$17/mo HOA
What's special
- 75 days
- 362
- 37
Zillow last checked:
Listing updated:
Listed by:
Terry Golladay 502-426-3600,
Schuler Bauer Real Estate Services ERA Powered
Source: Metro Search Inc. LLC DBA Apex MLS,MLS#: 1723408
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Cooling
- Central Air
Features
- Has basement: Yes
Interior area
- Total structure area: 3,430
- Total interior livable area: 3,430 sqft
- Finished area above ground: 3,430
- Finished area below ground: 0
Property
Features
- Exterior features: None
Lot
- Size: 9,583 Square Feet
- Dimensions: 59 x 135 x 57 x 136
Details
- Parcel number: 23201801680004
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: 1972
Utilities & green energy
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Community
- Subdivision: Norfolk Estates
HOA
- Has HOA: Yes
- HOA fee: $200 annually
Location
- Region: Louisville
Financial & listing details
- Price per square foot: $125/sqft
- Date on market: 7/15/2026
- Tenant pays: Electricity, Gas
- Electric utility on property: Yes
Estimated market value
$419,700
$399,000 - $441,000
$1,340/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/21/2026 | Price change | $430,000+7.5%$125/sqft |
Source: | ||
| 7/15/2026 | Listed for sale | $400,000+5.5%$117/sqft |
Source: | ||
| 3/11/2026 | Listing removed | $895 |
Source: Zillow Rentals Report a problem | ||
| 1/19/2026 | Listed for rent | $895 |
Source: Zillow Rentals Report a problem | ||
| 5/8/2025 | Sold | $379,200-4%$111/sqft |
Source: | ||
| 3/14/2025 | Pending sale | $395,000$115/sqft |
Source: | ||
| 3/3/2025 | Contingent | $395,000$115/sqft |
Source: | ||
| 2/27/2025 | Listed for sale | $395,000+245%$115/sqft |
Source: | ||
| 9/29/2017 | Sold | $114,509-0.4%$33/sqft |
Source: | ||
| 6/5/2017 | Pending sale | $115,000$34/sqft |
Source: B&B Gibson Realty #1476699 Report a problem | ||
| 5/31/2017 | Listed for sale | $115,000$34/sqft |
Source: B&B Gibson Realty #1476699 Report a problem | ||
Public tax history
Tax history is unavailable.
Find assessor info on the county website
Monthly payment
Est. payment







