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
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.
Courtesy: Pdg Realty
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
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!
Courtesy: Simpler.realestate
ATTENTION INVESTORS AND OR OWNER-OCCUPANTS! INCOME PRODUCING on the corner lot at W. Woodlawn and South 3rd, just south of the Watterson Expressway! This well-maintained multi-unit property presents a strong opportunity for both investors and owner-occupants. Unit 221 is rented out (Section 8) for $1172 a month. Unit 223 can be rented or occupied. Recent improvements include a newly installed HVAC system, updated plumbing, repaired and replaced windows and doors, and a fresh coat of exterior paint—creating immediate curb appeal. A newly built backyard staircase enhances outdoor accessibility, and one unit features a brand-new refrigerator. The interior showcases updated flooring, fresh paint, and newly installed blinds, creating clean, move-in-ready living spaces that have, or are being updated for inspection. Whether you're seeking a low-maintenance investment property or your next personal residence with rental income potential, this property is ready for its next chapter. Schedule your private showing today and don't miss your chance to own this conveniently located, turnkey property!
Courtesy: The Agency Louisville
Known as The Twins, 1829 & 1831 Brownsboro Road presents a rare, side-by-side investment opportunity in the heart of Clifton Heights' historic corridor. These identical shotgun-style residences, zoned commercial, offer exceptional flexibility for investors seeking short- or long-term rental income, portfolio expansion, or future development. Originally constructed in the early 1900s and fully renovated in 2023, these homes were thoughtfully reimagined with matching floor plans, finishes, and modern systems, creating a streamlined, turnkey investment. 1829 offers 1,033sqft while 1831 offers 974sqft. Each residence delivers stylish, efficient living space designed for today's renter, with updated kitchens and baths, contemporary interiors, and seamless indoor-outdoor flow for entertaining. Both homes open to inviting outdoor spaces, anchored by a fully fenced shared green area, ideal for guests and private enjoyment. Adding further value, the parcel associated with 1829 Brownsboro Road includes additional vacant land, presenting a compelling opportunity for new construction or expansionan increasingly rare offering in this prime location. Located just moments from the vibrant dining, arts, and shopping along Frankfort Avenue and the Mellwood Arts Center, this location offers effortless access to the area's most coveted destinations while preserving a rare sense of privacy and retreat.
Courtesy: Homepage Realty
CUP GRANTED 12/1/25! Turnkey Furnished Duplex ready in Beechmont with tons of off-street parking. Currently operating as a short-term rental (Airbnb), Zoned OR2. This updated home has 2 furnished, move in ready, fully equipped units: Biggest unit is a 4 bedroom, 2 bath on main floor (Unit A), stainless steel appliances, washer dryer included. The 2nd unit is on the top floor, (unit C) 1 bed, 1 bath, living room, kitchen and office, equipped with appliances and washer/dryer. Bonus! There's POTENTIAL additional basement space that already has a full bathroom, bsmt can be finished with an efficiency kitchen for additional income! There's also a laundry facility in the basement for short-term rental turnovers and storage. Take a look at the floor plan that's uploaded. Whether you're looking for spacious personal residence with immediate income opportunity or multi-generational living, combined households, or college roomies, in home office with primary living space (Zoned OR2) or a ready-to-go investment property for mid-term furnished rental, this one offers flexibility and immediate value. Buyers to verify ability to run a Short-term rental (STR). Highlights include updated throughout with modern finishes, fully furnished - everything stays, including all appliances and multiple washer/dryers, spacious layout with 4 comfortable bedrooms and 2 full baths (main floor unit), one bed one bath with office (upper unit), potential additional unit space (basement), stylish kitchen with stainless steel appliances and ample counter space, comfortable living and dining areas ideal for relaxing or entertaining, shared Yard space perfect for guests or gatherings, tons of off-street parking, and currently operating successfully as a short-term rental. Conveniently located in the 40214 zip code, just minutes from Iroquois Park, the airport, and downtown Louisville, this home is situated in a prime area for both visitors and residents. Whether you're looking to expand your rental portfolio or move into a turnkey home, this property is ready for you. Buyer to verify all zoning/plans on how you plan to use the property with louisville metro zoning/planning.
Courtesy: Allodium Real Estate
Bundle Sale of 8 Doors (Agents please see Agent Notes). Good Cash Flow! Includes two Renovated 4-Unit buildings that must be purchased together. Identical 4-plex is at 4333 S 3rd St. Each building has 4 units approximately 600 sq. ft. 1BR/1BA each. All units are tenant occupied EXCEPT 4333 Unit 2. Located just off I-264 and minutes from the U of L campus, these properties offer strong appeal for long-term investment. Plumbing, partial electrical updates, 30 gal. water heater in each unit, 2 HVAC units in each building (1 in crawl space & 1 in attic shared by floor tenats), 8 AC window units, updated kitchen cabinets, tile flooring in kitchens and baths, refinished pine floors, newer appliances, and fresh paint throughout. See MLS #1698019 for building #2 referenced above
Courtesy: Prg Commercial Property Advisors
This offering includes 607, 627, and 649 S. 44th St. This 48 unit workforce housing opportunity is located in Louisville's Shawnee neighborhood. The all-brick buildings are just one block from Shawnee Park and are situated in the midst of a dense single family residential neighborhood. The property is well maintained and has undergone improvements over the past several years that includes unit turns, new roofs and many windows. It is separately metered for gas and electric, so there is limited landlord utility exposure. Property Highlights: : 48 2bd/1ba units : High demand location for workforce housing : Upside potential via the below market rents and vacancies : Separately metered for gas & electric service
Courtesy: Re/max Premier Properties
Historic Old Louisville 5-Unit Condo Investment Opportunity Discover a rare and valuable investment in the heart of Old Louisville, one of the largest historic residential districts in the United States featuring beautiful Victorian architecture and a highly walkable urban lifestyle. This 5-unit building at 1417 S 3rd St is truly unique — each unit is separately deeded as individual condominiums, offering unparalleled flexibility for investors and owner-occupants alike. Whether you choose to sell units individually, hold for long-term rental income, or a combination of both, this property delivers multiple streams of value that typical multifamily assets can't match.
Courtesy: 85w Real Estate
Cash-flowing duplex in Old Louisville. Property is occupied so please schedule through ShowingTime or with listing agent.
Courtesy: Re/max Premier Properties
Highlands Duplex situated on a Rare, Deep Corner Lot! Iconic Baxter Ave promises unbeatable convenience to Bardstown Rd, high rental demand, and strong long-term appreciation. With stable leases, upgraded interiors, and a location that commands value, investment opportunities like this almost never come available. (Unit 1): 1,600 SF, 2-3 Bedrooms, 1 Full Bath with tall ceilings, oversized rooms, and hardwood floors that showcase its historic character. Leased @ $1,750/mo (+$25/mo pet lease) thru June 2027, giving you locked-in stability and reliable cash flow from day one. (Unit 2): 1,050 SF, 2 Bedrooms, 1 Full Bath with hardwood floors and a private balcony overlooking the backyard. Leased @ $1,450 M2M gives buyers flexibility: keep it rented for strong cash flow, or move in and let your tenant significantly offset your monthly payment so you can live in The Highlands at a fraction of the cost. Both kitchens have been recently updated with Granite Countertops, Modern Cabinetry, Dishwashers, and Stainless Steel Appliances. A Shared Laundry room with separate access on the 1st floor adds convenience for both occupants. Other highlights include: replacement windows, separate gas and electric meters, 2 HVAC systems, and 2 water heatersreducing operating costs and strengthening long-term performance. Outdoors, a spacious deck with a pergola creates a comfortable retreat, while the deep front yard positions the home well off Baxter and provides generous off-street parking, a rare luxury in this location. Just minutes from Louisville's best restaurants, coffee shops, Cherokee Park, boutiques, and nightlife, this property sits in the heart of everything that makes The Highlands so desirable. The combination of cash flow, location, and long-term upside is exceptionalwhether you're expanding your investment portfolio or planning to house-hack in one of the most iconic neighborhoods in the city. This is the kind of Highlands duplex that is nearly impossible to replicateand even harder to replace.
Courtesy: United Real Estate Louisville
Attention!! Built in 2003 and priced less than 1% rule. Due to newer construction, all utilities have separate meters & current combined rent is $2,245 + tenants pay all utilities (agents see notes). Featuring two identical 3 bed & 2 full bath units, central air, LVP floors, and updated kitchens/baths. At 23 years young, everything is relatively brand new including plumbing, electric, roof, foundation, etc... This cash flowing duplex is occupied by long term tenants who keep the property clean. One unit is on a month to month lease which could present an excellent ''house hacking'' opportunity or to increase rents to market rate. The property is located across the street from Portland Park and Community Center on a quiet section of Northwestern Pkwy. These highly desirable units also hav laundry rooms, covered front porches and large concrete pads elevated from the sidewalk. This property has always rented very well due to the condition and layout of the units. Increasing rents to market make this a slam dunk opportunity to invest in a neighborhood experiencing rapid investment from public and private entities.
Courtesy: Lenihan Sotheby's Int'l Realty
Charming Triplex in the Heart of Old Louisville 1: $1300/ month, 2: $1200/ month, 3: $600/ month, Total $3,100/ month. Welcome to this well maintained triplex, nestled in the heart of Historic ''Old Louisville''. This beautifully preserved property seamlessly blends modern updates with timeless charm, making it a standout investment or primary opportunity. Property Overview: Address: 1612 S. Second St. Type: Triplex, Units: 3, Total Bedrooms/Bathrooms: 5 Bedrooms, 3 Full Bathrooms, Recent Renovation: Remodeled in 2011/12, New Roof: Installed in August 2023, First Floor Unit: NEW HVAC UNIT 2024, Bedrooms: 2, Bathrooms: 1, Status: Currently occupied. Market Rent: $1,300 - $1,400/month. Second Floor Unit: Bedrooms: 2, Bathrooms: 1, Status: Current Bedrooms: 1, Bathrooms: 1, Status: Currently occupied, Market Rent: $1,000/month. Property Highlights: Occupancy Rate: Seller has had over 90% occupancy over the years of ownership. Pet Policy: No pets allowed, ensuring a clean and quiet environment, Parking: Each unit has its own parking spot in the back for privacy and easy access Recent Upgrades: Brand new roof (08/2023), New furnace and water heater, Fresh paint in Units 1 and 2, New carpet in the third unit bedroom (only carpet in the property, the rest is hardwood and tile). Step inside and experience the best of both worlds with this triplex: the nostalgic charm of Old Louisville's architecture combined with modern conveniences and updates. Each unit offers spacious living areas, ample natural light, and a warm, inviting atmosphere that tenants will love. This property is perfect for investors seeking a well-maintained, high-occupancy rental property, or for homeowners looking to live in one unit while renting out the others. Don't miss this unique opportunity to own a piece of Old Louisville history with solid, long-term rental potential.
Courtesy: PRG Commercial Property Advisors
502-365-3840
2512 Pennacook Rd. has been completely gutted to the studs and renovated, including new structural, mechanical, electrical, and interior finishes throughout the entire building. Every major system is brand new, offering years of low-maintenance ownership and strong rent potential. The property includes eight large 2BR/1BA units, each with a washer/dryer hookup, individual new hot water heater, and new high quality mini split heating/cooling. Tenants pay their own LG&E, and there is ample off street parking. This C1 zoned property is located off St. Andrew Church Rd., with easy access to South Louisville destinations. The owners have just started leasing, and the building is almost completely occupied, with apartments renting for $1,100/month This is a rare opportunity to acquire a turnkey, fully updated asset with modern finishes, new mechanicals, and all big-ticket CapEx already completed.
Courtesy: United Real Estate Louisville
502-509-4498
Great opportunity to buy a cash flowing 5 unit building in an excellent rental market near Downtown Louisville. Property stays consistently 100% occupied with total rents = $3,875/mth. Current ownership has invested heavily into this sturdy brick building - notably renovating 4 of 5 units, new roof, and upgrading HVAC to electric mini-split systems in each unit. Units consist of three 1bd units & 2 studio units. All 5 units have spacious layouts and are of high demand. Experienced investors will notice there's room for substantial increase in rents & profitability for new ownership.
Courtesy: THINK Real Estate LLC
502-736-0511
An excellent owner-occupant opportunity or solid investment in Shelby Park. One tenant is on a lease and one is M-T-M. Units show well. First floor includes 2 bedrooms, 1 bathroom, plenty of closet space, replacement windows, high efficiency furnace & laundry in the unit. Second floor unit has 1 bedroom plus an office/den (no window), 1 bathroom, good closet space, laundry in unit and a long term tenant. Both tenants would like to stay if the buyer is an investor. There is a nice fenced yard for tenants to share and 2 off-street parking spaces. All appliances plus washers and dryers can stay with the property.
Courtesy: THINK Real Estate LLC
502-736-0511
An excellent owner-occupant opportunity or solid investment near Germantown. One tenant is on a lease and one is M-T-M. Units show well. First floor includes 2 bedrooms, 2 bathrooms, plenty of closet space, replacement windows, bamboo flooring, a renovated kitchen and laundry in the unit. Second floor unit has 1 bedroom, 1 bathroom, bamboo flooring, updated kitchen and laundry in unit. Both tenants would like to stay if the buyer is an investor. There is a nice-sized yard for tenants to share and 3 off-street parking spaces off Clarks Lane. All appliances plus washers and dryers can stay with the property.
Courtesy: BERKSHIRE HATHAWAY HomeServices, Parks & Weisberg Realtors
502-897-3321
Triplex for sale in Old Louisville. Unit 1 rents for $950 Unit 2 rents for $700 Unit 3 rents for $450
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.
