Hallmark Apartments is a well-maintained 48-unit multifamily community located in the highly desirable Hikes Point submarket. Owned and professionally managed by the same long-term owner for many years, the property has consistently achieved strong occupancy levels and demonstrates a proven history of stable operations. The asset has benefited from significant capital improvements, including the replacement of all roofs and windows in 2021. In addition, a majority of the apartment homes have received interior updates, enhancing both resident appeal and long-term value. Hallmark Apartments features mostly 2BR apartments, allowing the property to achieve a more enhanced income potential. The community has coin-operated laundry, and the units could accommodate future washer/dryer hookups. The property is separately metered for gas and electric service helping minimize utility expense exposure and contributing to operational efficiency. Ideally situated in the sought-after Hikes Point area, the property offers residents convenient access to major retail destinations, employment centers, interstate highways, and a variety of everyday amenities. Its strong location, history of occupancy, and recent capital investments position Hallmark Apartments as an attractive opportunity for investors seeking a stable, well-performing multifamily asset with continued upside potential.
49 days
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258
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Zillow last checked:
Listing updated:
Listed by:
Jenny Johnston502-645-1729,
Colliers ,
Reed B Weinberg502-365-3840
Source: Metro Search Inc. LLC DBA Apex MLS,MLS#: 1721310
Facts & features
Interior
Heating
Other
Features
Has basement: Yes
Interior area
Total structure area: 27,440
Total interior livable area: 41,160 sqft
Finished area above ground: 27,440
Finished area below ground: 13,720
Property
Features
Exterior features: None
Lot
Size: 2 Square Feet
Details
Parcel number: 22187606660000
Construction
Type & style
Home type: Apartment
Property subtype: Apartment
Attached to another structure: Yes
Materials
Brick
Roof: Shingle
Condition
Year built: 1972
Utilities & green energy
Utilities for property: Other
Community & HOA
Community
Subdivision: Breckenridge Estates
HOA
Has HOA: No
Location
Region: Louisville
Financial & listing details
Price per square foot: $97/sqft
Date on market: 6/23/2026
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$1,417/mo
Price history
Date
Event
Price
6/23/2026
Listed for sale
$4,000,000$97/sqft
Source: Metro Search Inc. LLC DBA Apex MLS #1721310Report a problem
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/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.
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