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$415,000
Est. payment /mo
5 Beds
5 Baths
3,440 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 3,440 sqft
Price per Sqft $120
MLS Listing ID 1723576
Style Traditional
Bedrooms 5
HOA Y/N No
Abv Grd Liv Area 3,440
Year Built 1925
Property Sub-Type Apartment
Source APEX MLS (Greater Louisville Association of REALTORS®)
Land Area 3440
Property Description
Prime 5-Plex Investment — Fully Occupied, Turnkey Cash Flow! Rare 5-unit multifamily steps from UofL's baseball stadium, minutes to Churchill Downs. 3,440 sq ft, fully rented with long-term tenants, generating $56,868 gross annual rent. Recent renovations keep expenses low for immediate cash flow. Commercial zoning adds upside for short-term rental, mixed-use, or future conversion. Walkable (Walk Score 73), high-demand corridor near campus, downtown, and Derby-season traffic. Priced to reflect strong in-place income and location premium. Rent roll and financials available upon request. Don't miss this stabilized, low-maintenance investment!
Location
State KY
County Jefferson
Direction From I-264 W. Take exit 10 for 3rd Street toward KY-1020/Southern Pkwy. Turn right onto S. 3rd Street.
Interior
Heating MiniSplit/Ductless
Cooling Wall/Window Unit(s)
Exterior
Exterior Feature None
View Y/N No
Roof Type Shingle
Garage No
Building
Sewer Public Sewer
Water Public
Architectural Style Traditional
Structure Type Brick
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Listed by Keller Williams Collective
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