Courtesy: Prg Commercial Property Advisors
This well-maintained and fully updated six-unit property is located on a desirable block in Old Louisville—just minutes from UofL, Downtown, and I-65. Each apartment has a renovated kitchen with new cabinets, solid-surface countertops, and updated bathrooms. Capital improvements include upgraded electrical, plumbing, and HVAC systems, a new roof (2024), and freshly painted exterior, and other improvements throughout. The property consists of three 1BR/1BA and three studio units. Additional income includes a shared laundry area and pet fees. There are two off-street parking spaces, with ample street parking. Tenants reimburse landlord for all gas and electric through a prorated RUBs system. This is an excellent opportunity to acquire a turnkey, high-quality multifamily asset.
Courtesy: Realhome Services And Solutions, Inc.
REO Occupied - NO ACCESS OR VIEWINGS of this property. Please DO NOT DISTURB the occupant. ''As is'' cash only sale with no contingencies or inspections. Buyer will be responsible for obtaining possession of the property upon closing.
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 #1705412 for building #2 referenced above.
Courtesy: Infinite Homes Realty
Excellent investment opportunity in Louisville! This multi-family property features six spacious 2-bedroom, 1-bath units, each with separate meters for added convenience and reduced overhead. Several units are currently rented, providing immediate income, while others are move-in ready—allowing an investor to quickly stabilize and maximize returns. Recent renovations throughout the building enhance the appeal for both tenants and long-term value. With strong rental demand in the area, this property offers huge income potential and is ideal for any serious investor looking to expand their portfolio. This a prime opportunity to secure a cash-flowing asset at an attractive price. Quadplex + commercial
Courtesy: Gant Hill & Associates, Llc
Fully leased 5 plex south of the Gene Snyder Freeway on Dixie Highway. Great opportunity to own a 5 unit investment property on Dixie Highway. This building offers five, one bedroom and one bathroom apartments. These units are currently leased month to month, at $650.00 per month, per unit. This building is super convenient to both Metro Louisville, and the Ft. Knox area. This neighborhood boasts great access to dining, shopping and the Interstate. Don't miss this opportunity to add this great investment property to your portfolio!
Courtesy: Real Broker, Llc
The investment property you have been waiting for in the booming Louisville, KY market! This quadplex of all 2 bedroom, 1 bathroom units are ready to be finished with your touches. Boasting a new roof, new siding, and new windows once you are done with this rehab your capital expenses will be minimal because you will basically have new construction. Located right across from a school AND across the street from 3 other renovations-it's hard to find a more exciting block in all of Louisville! If that isn't enough to get you excited, how about the fact that this area of Louisville has seen 88% appreciation in the last 5 years. You will definitely want to hurry with this one! With numbers like these, it will NOT last long!
Courtesy: Real Broker, Llc
Incredible opportunity to own three income-producing rental homes on a single parcel in one of Louisville's fastest-growing zip codes, which has appreciated by 47.8% since July 2021. This unique investment includes two 3-bedroom homes and one 2-bedroom home, all with basements, offering ample space and functionality for long-term tenants. With current rents totalling $2094 with a newly vacated unit (was paying $975/month), this bundle will EASILY beat the 1% rule when fully occupied (Pro forma rents total over $3400/month according to LMHA estimates). This property is ideal for buy-and-hold investors, house hackers, or 1031 exchange buyers seeking turnkey rental income with strong appreciation potential. With limited inventory and rapidly rising property values across Louisville, this multi-unit setup is a rare chance to secure a high-yield, appreciating asset in a thriving market.
Courtesy: Allodium Real Estate
Rare multi-structure gem in Louisville's thriving Portland Opportunity Zone - No expenses were spared and no corners were cut on these building renovations! This fully renovated compound includes three distinct structures, offering unmatched flexibility for event hosting, retail, live/work, and rental income. Building #1 (1529 W Market St): A stunning 3-story transformation with a beautiful exterior mural commissioned by Louisville Public Media. Interior renovations include installation of a CMDA sprinkler system, fire-rated interior doors, and spray foam insulation throughout. The first floor is a showstopper ideal for specialty retail or hosting special events. Upstairs, two private-entry apartments feature beautiful engineered hickory hardwood floors, quartz kitchen and bath counters, top-tier GE stainless appliances, and spa-style baths with porcelain tile throughout. RETAIL CONCEPT IDEAS: -Bookstore + Self-Serve Coffee Bar: Think curated titles, local authors, and cozy nooks. Add a vintage espresso cart and soft jazz playlists...Portland meets Paris! -Boutique Clothing Studio: Feature sustainable fashion, local designers, or a capsule wardrobe concept. The arched windows make a stunning display backdrop. -Artisan Apothecary: Small-batch skincare, herbal remedies, and wellness workshops. Add a scent bar or DIY bath salt station. -Gallery + Maker Space: Rotate local art exhibits with hands-on workshops, printmaking, ceramics, or zine creation. Great for First Friday events. -Vinyl & Vintage Pop-Up: Records, retro wear, and analog nostalgia. Host listening parties or DJ sets under those pendant lights. EVENT SPACE CONCEPT IDEAS: - Silent Disco Venue: The elongated layout is perfect for immersive sound zones. Add LED floor lighting and rotating themes (90s night, Afrobeat, etc.). - Milestone Celebration Hub: Birthdays, micro-weddings, retirement parties. Offer packages with local caterers and photo booth setups. - Storytelling Salon: Host spoken word, memoir readings, or community storytelling nights. Add modular seating and moody lighting. - Wellness Retreats: Yoga, breathwork, or grief circles. The natural light and clean aesthetic are ideal for grounding energy. - Pop-Up Dinner Series: Collaborate with chefs for ticketed tasting menus. Use the adjacent flex space for prep or VIP lounge Building #1 is hardwired for internet, and the security equipment in the basement shall remain; the buyer will just need to activate services with a provider of their choice. Building #2 (1537 W Market St): A fully furnished live/work flex space with luxury vinyl plank flooring throughout. The first floor is currently being used as a casual office meeting space and can easily convert into a studio apartment. The furnished first floor includes a kitchenette and full bath. The second floor features a beautifully renovated 1-bedroom apartment with LVP flooring, quartz counters, porcelain tile, queen-size suite, and full-size stackable washer/dryer. All appliances, furnishings, and mounted TVs throughout Building #2 convey. Building #3 (Formerly 1526 Pirtle St): A detached 2-car garage included with Building #1 offers secure storage or additional income potential, ideal for the 2nd and 3rd floor apartment residents. Located in Louisville's designated Opportunity Zone, this property is a strategic investment with high-impact potential, whether you're an entrepreneur, investor, or visionary homeowner. All renovations and mechanicals were professionally permitted and upgraded to meet modern building codes. The property also features a gated security entrance, providing controlled access to the apartments or short-term rental units. This added layer of protection offers peace of mind for residents and guests, enhancing both privacy and safety while reinforcing the property's appeal for long-term tenants and Airbnb travelers alike. With flexible zoning, multiple income streams, and close proximity to 4th Street Live, Kentucky Center for The Arts, Muhammad Ali Center, KFC Yum! Center, and both Portland and Nulu's revitalization corridors, this property offers the rare combination of turnkey readiness and long-term growth potential ready to support your vision from day one. Call to schedule your private tour today!
Courtesy: Coldwell Banker McMahan
502-425-8800
Discover an exceptional turnkey investment opportunity in the heart of Louisville. This fully occupied, well maintained 12 unit apartment building is a solid mix of comfort, convenience, and income potential. Located in a high-demand rental area with easy access to public transportation, schools, shopping, and major highways. Each of the 12 units has approximately 950 sf of living space, featuring two spacious bedrooms, dine in kitchens, and one full bathroom. The units have functional layouts, large living areas, natural light, their own PTAC units, and are separately metered for gas & electric. Plenty of off street parking designated for the building. Whether you're a seasoned investor or looking to expand your multi family portfolio, be sure to check out this fully leased income producing asset.
Courtesy: Noir Realty KY LLC
877-664-7735
Opportunity for 10 Unit Portfolio Package in LaSalle Place Community: 1805, 1827 Dixie Highway; 1808, 1811, 1818, 1840 and 1848 LaSalle, 1904, 1953 Magellan Ct and 1737 Algonquin Pkwy. Condos are in good condition; rents range from $895-$1500 monthly. All units are turn key and or leases in place. 1737 Algonquin & 1811 LaSalle are the only units available for showing before an accepted contract.
Courtesy: Prg Commercial Property Advisors
This 12 unit apartment opportunity is located in Hikes Point, one of Louisville's most stable, infill submarkets. It consists of three 4-unit buildings each with two-story townhouse style units. Each unit consists of 2 bedrooms and 1.5 baths. Property is separately metered for LG&E with tenants paying for this cost. The owner has steadily increased rents, and further upside remains for many units. These units are well-located near shopping and other amenities, and the submarket caters to a high demand for stable rental housing.
Courtesy: Prg Commercial Property Advisors
Located in the desirable Fern Creek/Hikes Point area, this 12 unit property is made up of all large 2BR/1BA units, with an average size of 887 SF each. Each apartment has its own HVAC system and hot water heater, and is separately metered for LG&E. Most units have been renovated, with a mix of LVP and carpet flooring, and updated kitchens and bathrooms. Most units have dishwashers, eight have balconies with sliding glass doors, and two have additional alcove space. There is coin op laundry in the lower level, and ample off street parking. This property presents an excellent opportunity to invest in a well maintained asset, with room to grow on some under market rents.
Courtesy: Fry Realty Collective
502-291-0587
Investor ALERT! 200k reduction and, 175k under 2024 Appraised value of $825,000! Just $125/square foot above grade in CHEROKEE TRIANGLE. $92/ sq ft i considering finished basement living area! BEYOND a RARE find in the heart of Cherokee Triangle, this solid brick boarding house offers an exceptional investment opportunity in one of Louisville's most desirable and walkable neighborhoods. With 18 bedrooms, 4 full baths, and 3 half baths, this property stands out for its size, location, and unique income potential. What makes this opportunity truly special is its hard-to-come-by non-conforming use status, allowing for room-by-room rentals—an advantage that's nearly impossible to replicate today. Recent updates include refreshed kitchen new ceiling-to-cabinet quartz backsplash, all-new fixtures, new flooring, new cabinet door handles, a new faucet and sink, and updated plumbing underneath. The home is equipped with four HVAC units, the roof was replaced in 2016, and in 2023, $32,000 was invested to replace lead plumbing with modern systems. . Just steps from Bardstown Road's restaurants, coffee shops, nightlife, and boutiquesand minutes from the scenic trails and golf course at Cherokee Parkthis location is as strong as the numbers.
Courtesy: ERA Select Real Estate
859-296-1525
Add this darling to your investment portfolio! 4plex is fully occupied with MTM tenants. Rents total at 2900 per month! 2 units were renovated 2+ years ago. Landlord pays all utilities. Buyers to verify square footage and zoning. Please do not disturb tenants. 24 hour notice minimum to show. Selling as-is, but inspections are welcome! Agent/Owner
Courtesy: Kentucky Select Properties
Welcome to this remarkable mixed-used real estate opportunity featuring first floor office / retail, currently with three well-appointed offices and a welcoming lobby. In the heart of Old Louisville, this location offers excellent visibility and accessibility, making it an ideal choice for businesses seeking a vibrant community atmosphere. In addition to the commercial space, this property boasts two thoughtfully designed occupied apartments. The two-bedroom (could easily be three-bedrooms) apartment features two full bathrooms, providing comfort and convenience.The one-bedroom apartment includes two full bathrooms. Both apartments are equipped with laundry in the units. There is a charming, shared courtyard perfect for the coming months.Please allow 48 hours notice prior to all showings. With its blend of commercial and residential options, this property offers endless potential for investors or owner-occupants. Don't miss your chance to own a piece of Old Louisville's charm. Schedule your viewing today!
Courtesy: RE/MAX Premier Properties
502-384-5944
11.9% CAP rate! Exceeds the 1% rule! - total rents $2675 when fully occupied before 2nd floor updates. Excellent investment opportunity - this unique property consists of a duplex and a single family home on the same parcel, deeded together. The duplex has 4 bedrooms and 2 bathrooms (2 bedroom, 1 bath on each level). The single family home is a 1 bedroom, 1 bathroom cottage with laundry inside the unit as well as a basement for storage. Apt 1 (first floor of duplex) is approximately 1000 square feet with 2 bedrooms and 1 bathroom with basement access for laundry. The bathroom was recently remodeled and has a newer water heater and furnace. Apartment 2 (second floor) has been recently vacated and updated and is a 2 bedroom, 1 bath home with approximately 1000 square feet of living space with a new refrigerator, fresh paint, all new flooring. See documents section for a list of updates and details. Unit 1 and rear cottage are currently tenant occupied - unit 2 is vacant and can be shown anytime.
Courtesy: Hoagland Commercial Realtors
502-897-3310
We are pleased to present this RENOVATED, 9-unit multifamily property in the heart of Old Louisville. 8 out of 9 units are currently leased. Current ownership has renovated all of the units, as well as a wide swathe of long-term Cap-Ex items, including but not limited to the roof, mechanicals, and meters. Located directly across the street from Central Park, this unique offering provides an investor the opportunity to purchase a cash-flowing asset that sits on an irreplaceable site within an historic neighborhood. The property has on-site parking and laundry, as well as large exterior storage units that can be rented separately, providing additional income opportunities for an investor to capitalize on. The units are a mix of 1-br and 2-br units.
Courtesy: Keller Williams Collective
502-554-9500
Prime 5-Plex Investment! Steps from UofL's Baseball Stadium and minutes to Churchill Downs, this fully rented multi-family is loaded with upside. Featuring long-term tenants, solid rental history, and recent renovations that keep expenses low, this property offers reliable cash with a gross rent of $56,868 flow in a location tenants love. With proximity to campus, downtown, and major attractions, units here stay in demand year-round. A rare chance to own a turnkey property in one of Louisville's hottest rental corridors—don't miss it!
Courtesy: Keller Williams Collective
502-554-9500
Income-Producing Triplex! This fully occupied property offers reliable cash flow with long-term tenants and recent updates for lower maintenance costs grossing $38,448. The are two 1 Bedroom 1 Bath units and one 2 Bedroom 1 Bath. Conveniently located near downtown Louisville, the Russell neighborhood redevelopment projects, and quick access to I-264 and I-64, this triplex sits in an area seeing strong growth and investment. Close to parks, schools, and major employers, units here remain in demand. Whether you're adding to your portfolio or stepping into multi-family ownership, this is a smart, turnkey opportunity in a rising market!
Courtesy: Schuler Bauer Real Estate Services ERA Powered
502-426-3600
Endless Possibilities with This Unique Property! Was used as office space, this building offers an incredible opportunity to be used as a duplex, a spacious single-family home, or a combination of both. One side is ideal for a cozy 1-bedroom, 1-bath apartment with its own kitchen and living area, perfect for rental income, in-laws, or guests. The remaining space features a generous layout with 3 bedrooms and 2 full baths, easily converted into a comfortable single-family residence. Whether you're an investor looking to expand your portfolio or a homeowner wanting flexible living space, this property delivers. The seller is open to entertain offers and willing to work with buyers to make this property right for you.. Don't miss out?contact me today for more details!
Courtesy: RE/MAX Premier Properties
502-384-5944
Courtesy: Exit Realty Crutcher
SHORT SALE!!!! 4 Units having 2 bedrooms and 1 bath with washer/dryer hookups Building has been boarded. Stolen Furnaces, water heaters, and broken 1st floor windows. This building needs to be purchased with 3525 Georgetown Place as a package deal.
Courtesy: Exit Realty Crutcher
SHORT SALE!!! 4 PLEX - Ready to rent out - 4 units having 2 bedroom, 1 bath and washer dryer hookups - Boarded up - Broken into and stolen furnaces, water heaters and broken windows on 1st floor. Needs to be purchased as a package with 3601 Georgetown Place.
Courtesy: Exit Realty Crutcher
Investment Opportunity for rental on a quadplex. This unit has 4-two bedroom, 1 bath units. 3 of the units are rented at $950.00/mo. on 1 year leases. 4th unit is rented at $900 until March 1, 2026. The tenant pays electric, gas & cable. Landlord pays for water & trash.
We will be showing the property Friday May 26 at 11:00 am. This property is located in ''Old Louisville!!!'' The location is just perfect. One block from the University of Louisville and Cardinal Towne. A short distance from Churchill Downs, I-65, and the airport. Some of the units have been updated and some are in the process of renovation. Owner is selling the property ''as is'' but inspections are welcome. All appliances remain with units. Perfect units for University of Louisville students. This is a solid investment to add to your real estate portfolio. 6-one bedroom units. 1-two bedroom unit. 2 efficiencies.
Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176
Information is provided exclusively for consumers personal, non - commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026, Southern Indiana Realtors Association. All rights reserved.
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.
