Sold for $226,000

$226,000

729 S 39th St, Louisville, KY 40211

5beds

2baths

3,217sqft

Triplex

Built in 1935

-- sqft lot

$194,500 Zestimate^®

$70/sqft

$1,122 Estimated rent

Home value

$194,500

$156,000 - $230,000

$1,122/mo

Zestimate^® history

Owner options

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$1,122/mo

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$1,122/mo

Rent Zestimate^®

Refinance and save

$1,487/mo

Est. payment

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$1,487/mo

Est. payment

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What's special

This Louisville triplex for sale offers a strong value-add investment opportunity with one vacant unit ready to be leased. Current income is $1,700/month ($500 + $1,200 + vacant), with pro forma rents significantly higher once stabilized-easily beating the 1% rule. Investors can immediately boost returns by filling the vacancy and capturing upside potential. Louisville's multifamily market has shown double-digit appreciation with a 19.47% increase in median sales price year-over-year, proving the strength of this location. Whether you're expanding your portfolio or entering the market, this triplex investment property in Louisville, KY is positioned for cash flow and appreciation.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 2

Heating

Forced Air, Natural Gas

Cooling

Central Air

Features

Has basement: Yes

Interior area

Total structure area: 2,340
Total interior livable area: 3,217 sqft
Finished area above ground: 2,340
Finished area below ground: 877

Property

Features

Patio & porch: Porch
Exterior features: None

Lot

Size: 6,534 sqft
Features: Sidewalk

Details

Parcel number: 043E00620000

Construction

Type & style

Home type: MultiFamily
Property subtype: Triplex
Attached to another structure: Yes

Materials

Brick
Roof: Composition,Shingle

Condition

Year built: 1935

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected

Community & neighborhood

Location

Region: Louisville
Subdivision: Doerhoefers

HOA & financial

HOA

Has HOA: No

Price history

Date	Event	Price
1/22/2026	Sold	$226,000-5.8%$70/sqft
Source: Metro Search Inc. LLC DBA Apex MLS #1699740 Report a problem
10/10/2025	Contingent	$240,000$75/sqft
Source: Metro Search Inc. LLC DBA Apex MLS #1699740 Report a problem
10/2/2025	Listed for sale	$240,000+233.3%$75/sqft
Source: Metro Search Inc. LLC DBA Apex MLS #1699740 Report a problem
8/11/2010	Listing removed	$72,000$22/sqft
Source: re/max properties east #1261828 Report a problem
7/24/2010	Listed for sale	$72,000-18.2%$22/sqft
Source: re/max properties east #1261828 Report a problem
9/15/2005	Sold	$88,000$27/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$1,633 -4.3%	$127,160
2023	$1,706 +33.9%	$127,160 +35.7%
2022	$1,275	$93,730
2021	--	$93,730
2020	$1,288	$93,730
2019	$1,288 +11.1%	$93,730 +7.1%
2018	$1,159	$87,550
2017	$1,159 +32.4%	$87,550
2013	$876 -5.9%	$87,550 -5.9%
2011	$931	$93,060
2010	$931	$93,060
2009	$931	$93,060 -18.5%
2007	--	$114,200
2006	--	$114,200
2005	--	$114,200
2004	--	$114,200