Courtesy: Finely Crafted Realty Llc
Well-maintained and full of character, this charming quadplex offers a prime investment opportunity just minutes from Churchill Downs. The property features (4) 1-bedroom apartments with two units on the first floor and two units on the second floor, each offering a spacious living room with a fireplace, kitchen with dining area, one bedroom, and one full bath. Original hardwood floors, arched doorways, and rich wood trim provide timeless architectural appeal throughout. Tenants enjoy convenient on-site laundry located in the basement with a new washer and dryer, along with private storage closets for each unit. Recent improvements include new plumbing in all unit bathrooms (2025), three new water heaters (2025), a new roof (2025), new blinds in Apartment #1, and fresh paint and new lighting in the basement. Secure entry has been enhanced with new front and rear security doors featuring coded access. Building is being sold as-is. Additional highlights include off-street parking in the rear lot and a gazeboperfect for relaxing during warmer months. Current rents are $900 per unit with $500 security deposits, and three of the four units are currently leased, providing immediate income. A fantastic opportunity to own a classic, updated multi-family property in a highly desirable location.
Courtesy: Keller Williams Collective
Duplex investment opportunity at 2210-2212 Griffiths Ave. Each unit offers 2 bedrooms and 1 full bath with long-term tenants in place. Current rents are $850 per unit, providing $1,700 in gross monthly income. Each Tenant pays for thier own utilities. Separate meters for each unit. Convenient location with easy access to major roadways. Ideal for investors seeking steady cash flow at an affordable entry point.
Courtesy: Berkshire Hathaway Homeservices, Parks & Weisberg Realtors
Come take a look at this little slice of heaven! This perfectly located four plex on Saint James Court does not come available everyday. With modern fixtures, updated HVAC System and fully occupied, this beautiful piece of Saint James artwork is ready to be your next investment. This is one you have to see for yourself!
Courtesy: Dream J P Pirtle Realtors
Hurry investors! Immediate rental income for your portfolio. 4 units and 3 already have paying tenants. 2 bedroom and 1 full bath each. Washer and dryer hookups. Kitchen and living room. There is a basement that is perfect for extra storage or even the potential for extra living space. Off street parking. Move-in condition.
Courtesy: Inclusive Realty, Llc
Experience modern Louisville living in this stunning three-unit property, featuring a fully renovated duplex and a detached ADU (Additional Dwelling Unit). Bright, airy spaces with luxury finishes, designer touches, and tons of natural light create a sophisticated, move-in-ready atmosphere. The stylish interiors bring an elevated living experience rarely found in multi-family properties. Enjoy ample off-street parking and the option for fully furnished units, making this an ideal turnkey home or investment. Perfect for multi-generational living, rental income, or anyone seeking style, comfort, and convenience just minutes from dining, shopping, and entertainment.
Courtesy: Homepage Realty
Zoned OR2, this well-located triplex in the heart of Shelby Park offers strong investment potential just steps from Logan Street Market. The property includes two one-bedroom, one-bath units on the first floor with long-term tenants in place, plus an upstairs studio unit. All units come equipped with appliances, and the lower units feature in-unit laundry. Utilities are separately metered. Off-street parking is available at the rear of the property. Super convenient location close to dining, shopping, and neighborhood amenities.
Courtesy: Keller Williams Collective
This fully rented duplex just north of Churchill Downsis now available for purchase. Unit 1 is a 3 bedroom, 2 bath apartment with a generous living room, full kitchen, bathroom and laundry area on the first floor and three bedrooms and a bathroom upstairs. Unit 1 is rented for $1150/month through October. Unit 2 is a one-bedroom, one-bath apartment with a living room and eat-in kitchen and back porch leading out to the large backyard. Unit 2 is rented for $725/month through September. This historic duplex has money making potential for an investor looking for long-term tenants.
Courtesy: Tcb Property Management
Welcome to this charming duplex located in the heart of the highly sought-after Historic Highlands neighborhood. Unit #1 features a 3bed/2ba and Unit #2 features a 3bed/1ba Each unit features a comfortable and functional layout with abundant natural light, classic architectural details, and strong rental or owner-occupied potential. Whether you are looking to live in one unit and rent the other, expand your investment portfolio, or convert into a single-family residence, this duplex offers versatility and long-term value. Located just minutes from local shops, dining, parks, and downtown amenities, this is a rare opportunity to own in the Historic Highlands
Courtesy: Louisville Properties
Fully occupied duplex in the heart of Crescent Hill, just steps from the shops, restaurants, and amenities of walkable Frankfort Avenue. This classic multifamily property offers immediate income with established tenants in place, making it an excellent opportunity for investors seeking a stable, long-term asset in one of Louisville's most desirable neighborhoods. The property features two rental units and benefits from strong area rental demand, with potential for future enhancements over time. Prime location, proven rental history, and rare availability in Crescent Hill make this a compelling investment opportunity. Showings by appointment only. Please do not disturb tenants. Rent roll and additional financial information available upon request.
Courtesy: Homepage Realty
Located at 2114 Bonnycastle Avenue in the heart of Louisville's beloved Highlands, this exceptional four-plex is a true trophy asset on one of the city's most iconic and sought-after streets, within one of Louisville's strongest and most stable rental markets. This stately three-story brick home offers four well-appointed units, varying from one bedroom to three bedrooms each, and featuring unique bonus spaces such as sunrooms, butler's pantries, or mudrooms that add charm, functionality, and tenant appeal. The property includes a full basement with washers and dryers currently provided free to tenants, with the option for a new owner to convert to coin laundry for additional income. A large, fenced backyard and three rear garages further enhance value and provide significant additional income potential. Two units are currently occupied, while two are vacating now and are marketed for rent, with strong demand suggesting quick lease-up, likely by February 1. The property has strong occupancy with very minimal turnover in 25 years. It presents an outstanding opportunity for an investor or owner-occupant alike...live in one unit and let the cash flow from the others help pay your mortgage, or purchase and just sit back and enjoy the cash flow while easily self managing. Although rents are slightly below market, they already generate excellent cash flow with clear upside potential. Just steps from Bardstown Road's shops, restaurants, and entertainment, this turnkey investment is a rare Highlands offering not to be missed.
Courtesy: Prg Commercial Property Advisors
This well-positioned 16-unit multifamily property is located in a mature, stable South Louisville neighborhood, offering both immediate income and long-term upside. The property includes extensive renovations in most apartments and an upgraded parking lot. Each of the spacious 1-bedroom, 1-bathroom units is individually metered for gas and electric, providing efficient utility management. On-site laundry facilities add convenience for residents and additional revenue. Ideally situated adjacent to a large industrial park and near major employment centers, this property caters perfectly to the workforce housing segment — a consistently strong performer in the Louisville market. The community also borders a quiet single-family neighborhood, offering tenants a comfortable residential environment. With steady demand for workforce housing and continued rent growth across the market, investors can expect high occupancy and reliable cash flow.
Courtesy: Property Advancement Realty
Great opportunity to purchase this cash flowing duplex! Large 2 story home! Newer windows in the 2nd floor unit! The 2nd floor unit is 3 bedrooms and 1 full bath and currently rented for $910 per month. The 1st floor unit is a 1 bedroom and 1 full bath unit that the current owner planned to rent for $750. Covered porch! Partially fenced yard! Call today for a private showing before this property is SOLD!
Courtesy: Semonin Realtors
Great investment opportunity. This duplex has been successfully used as short term rental (Airbnb) for the last 5+ years. Both units have been renovated and can include furniture with the sale. One unit is a 2 bedroom 1 bathroom. The other unit is a 1 bedroom 1 bathroom. Because this property is zoned EZ1, there are limitless other uses. This could be a great house hack for an owner-occupant. With close proximity to The University of Louisville, Downtown, and the fairgrounds, this property is a must see. Call or text today for your own private showing.
Courtesy: RE/MAX Properties East
502-425-6000
Opportunity knocks with this centrally located duplex at 2618 S 5th St! This vacant, move-in-ready property features two spacious 2-bedroom, 1-bathroom units—perfect for investors or savvy buyers looking to house hack. Each unit offers a functional layout and recent updates throughout. The property also includes a rare 2-car garage, providing added value and convenience. Situated close to downtown, UofL, and major highways, this location offers quick access to everything Louisville has to offer. Priced at just $220,000, this is a fantastic opportunity to build wealth through real estate.
Courtesy: Richard Dean Realty Company, LLC
502-345-2478
Exceptional investment opportunity awaits with this large duplex, primed for a full-scale renovation in a growing 2026 market. Currently a 'down to the studs' clean-out project, this property offers incredible redevelopment potential with a floor plan spacious enough to be reimagined as two massive four-bedroom, two-bathroom units. A month-to-month tenant is currently in place paying $500 per month (all-inclusive), providing immediate holding income while you finalize your architectural plans or secure permits. This flexibility allows for a strategic, phased approach to your rehab without the pressure of immediate vacancy. Serious inquiries only—seize the chance to maximize equity and rental yields with this high-potential value-add project.
Courtesy: Als Realty
Fully rented brick quadraplex with private basement storage/rec room for each unit. New flooring within the last 2 years in all units (2 bedrooms in one unit still have carpet). Convenient location. Seller is an LLC and 2 members of that LLC are licensed real estate agents in the state of Kentucky. Listing agents are those members.
Courtesy: RE/MAX Premier Properties
502-384-5944
Excellent opportunity for a turnkey investment or owner occupant looking to rent out a unit for extra income! This furnished duplex offers 2 units that are both 1 bed/1 bath homes with a privacy fenced back yard and off street parking. Unit A features a covered front porch and both units have a covered back patio that extends to most of the back yard. Both units are metered separately and have separate HVAC. You will love the modern kitchens and updated bathrooms as well as the open floor plan you will find in each unit. The furnishings are negotiable making this duplex completely turnkey and ready for guests right after purchase. The AC was replaced in April 20025 and the water heater was replaced in 2023. The location is close to Churchill Downs and centrally located for a quick commute to anywhere in the city. Schedule a showing today!
Courtesy: PRG Commercial Property Advisors
502-365-3840
This fully renovated 10-unit multifamily asset is located in the heart of historic Old Louisville, a proven and stable rental submarket. The property benefits from its proximity to major institutional demand drivers, including Spalding University immediately to the north and the University of Louisville just a few blocks to the south. The property consists of 10 efficiency units and has recently undergone a comprehensive renovation program. Capital improvements included selective demolition to enhance unit layouts, fresh exterior paint, new gutters and downspouts, and new energy-efficient windows. Interior upgrades feature updated electrical systems, substantial plumbing improvements, new window air conditioning units, and ventless gas heating systems that adequately service each unit. Each unit was fully renovated with new flooring, modern kitchens with granite countertops, updated cabinetry, new appliances, refreshed bathrooms, new paint, and upgraded trim, resulting in a cohesive, contemporary finish package that supports strong tenant demand. This offering provides investors with the opportunity to acquire a 100% occupied, turnkey multifamily asset with recent capital investment completed, minimizing near-term maintenance needs. Positioned within a mature, institutionally supported submarket, the property offers stable cash flow with long-term upside driven by continued rental demand in Old Louisville
Courtesy: 85W Real Estate
502-200-1422
Excellent Multi-Family Investment Opportunity in 40216! Discover this solid six-unit brick building just off Cane Run Road, offering dependable rental income and a well-maintained layout. Each unit is fully updated and features 2 bedrooms, 1 full bath, a living room, dining area, and eat-in kitchen—designed for comfortable tenant living. Inside, residents enjoy modern gray walls, medium-tone LVP flooring, and white shaker-style cabinets for an updated look. The property includes separate furnaces and water heaters for each unit, plus six dedicated parking spaces. Tenants currently pay sewer and water, while the owner covers electricity and gas. This property presents an excellent opportunity for investors seeking a stable, income-producing six-plex in a convenient Louisville location.
Courtesy: Eos Real Estate
Discover a rare park-side opportunity in the heart of the Highlands. Located on a corner site steps from Cherokee Park, this listing spans two parcels and offers two buildings, five units, and a garage in total. Fully vacant and ready for its next chapter, this property is ideal for investors seeking strong rental potential or for someone looking to renovate and restore it into a remarkable single-family home. With its prime location, historic charm, and unmatched flexibility, this one-of-a-kind property presents endless possibilities in one of Louisville's most desirable neighborhoods. Sold as package only with 1706 Cowling, immediately behind property. Cowling Apartment is 384 sqft.
Courtesy: 85W Real Estate
502-200-1422
Investor Opportunity in 40211! Don't miss this incredible opportunity to own a four-plex on Olive Street in the heart of Louisville's up-and-coming 40211 zip code. Built in 1900, this historic property retains much of its original charm, featuring beautiful wood doors, detailed trim work, and spacious rooms with character you won't find in newer builds. With great bones, all major maintenance items handled in the last couple years, and timeless details, it's ready for a fresh touch—with only one unit left to renovate. The four-plex has been professionally managed for the last 2 years and includes two units on the first floor and two units upstairs. Each second-floor unit offers 1 bedroom and 1 bathroom, while each first-floor unit includes 2 bedrooms and 1 bathroom. Three of (cont. >> >>) the four units have already been fully renovated and upgraded. They are currently rented, starting you with strong income from day one. The final renovation need is the vacant first-floor unit. This unit can be taken to the studs and converted into a 3/2 which would add significant additional value and further boost your cash flow. Whether you're a seasoned investor or just getting started, this is your chance to own a piece of history in a neighborhood experiencing active(revitalization and long-term growth. Reach out with questions or for more information. Don't miss your chance to step into a great cash-flowing investment in 40211.
Courtesy: Prg Commercial Property Advisors
This apartment opportunity is located in one of the most desirable areas within the historic Old Louisville submarket. Originally constructed as an apartment community, the property features a diverse mix of unit types, each separately metered for gas and electric, with utilities paiddirectly by tenants. Situated directly across from the YPAS/Noe Middle School/Manual High School campus, the property appeals to a broad tenant base, including University of Louisville students. The building has been professionally self-managed long-term and has benefited from numerous updates, including interior renovations as well as mechanical, electrical, and plumbingimprovements. This offering presents investors with the opportunity to acquire a well-maintained, proven asset in a highly sta
Courtesy: PDG Realty
502-896-1900
VALUE ADD DEAL! This 16-unit property of one bedrooms has gross rents of $166,080 annually. Annual gross income can be increased with capital improvements. Electric and gas are separately metered and landlord pays water, sewer & drainage. Property is located in the desirable area of Brownsboro Road corridor just 3 blocks from Zorn Avenue and adjacent to the historic and charming neighborhood of Riedlonn. Property is also near the entertainment corridor of Frankfort Avenue and Saint Matthews. Similar properties in the area have sold for $125,000 per unit. Carports and full basement with storage lockers and washer/dryers for resident's use. Also has secure maintenance shop in basement.
Courtesy: THINK Real Estate LLC
502-736-0511
A solid investment with long-term tenants whose rents are below market. First floor unit is a 2-bedroom, 1 bath unit with living room, dining room, kitchen and access to the basement. Second floor unit is a 1-bedroom, 1 bath unit with living room, kitchen, bathroom and bedroom. Leases are month-to-month currently and both units are occupied so 48-notice needed to show. Add this great investment to your portfolio, or live in one unit and offset your mortgage with the other.
Courtesy: Semonin Realtors
502-420-5000
Opportunity knocks! Seller has completed repairs to crawl space from previous buyer's inspection phase and is ready to sell this fully renovated four-unit gem in the heart of Louisville, just minutes from the University of Louisville, Louisville International Airport, and downtown. This property is a rare opportunity for both owner-occupants and savvy investors seeking a turnkey rental property in a prime location. Each of the four units has been updated with modern finishes, featuring brand-new GE appliances, including gas stoves and refrigerators. With two units currently leased, this property offers immediate income potential while leaving flexibility for owner occupancy or additional rentals in a high-demand market near U of L. Whether you're looking to live in one unit while renting the others or expand your investment portfolio, this property delivers versatility and value in one of Louisville's most convenient locations. Don't miss this chance to own a beautifully updated, income-generating multi-family property with endless(potential. Schedule your showing today and discover why 1543 S 10th St is the perfect blend of location, updates and opportunity!
Louisville is located in Kentucky. Louisville, Kentucky has a population of 630,260. Louisville is less family-centric than the surrounding county with 26.24% of the households containing married families with children. The county average for households married with children is 26.68%.
The median household income in Louisville, Kentucky is $58,357. The median household income for the surrounding county is $61,633 compared to the national median of $69,021. The median age of people living in Louisville is 37.6 years.
The average high temperature in July is 87.6 degrees, with an average low temperature in January of 25.5 degrees. The average rainfall is approximately 46.2 inches per year, with 8.7 inches of snow per year.
