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!
| MLS # | 1723576 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1925 |
| Days On Site | 36 |
| Listing Provided By | Keller Williams Collective | Gibin George |
| Bed(s) | 5 |
|---|---|
| Bath(s) | 5 |
| SQ Feet | 3,440 |
| Units | 5 |
| State | KY |
|---|---|
| County | Jefferson |
| City | Louisville |
| Zip Code | 40208 |
| Area | 01 Dtwn Old Louisville | Shively | West Lou |
| Listing VS Median (in 40208) | |
Price: $415,000 low | high Med: $180,000 sqft: 3,440 low | high Med: 1,363 $ / sqft: $121 low | high Med: $132 On site: 36 low | high Med: 163 | |
| State | KY |
|---|---|
| County | Jefferson |
| City | Louisville |
| Zip Code | 40208 |
| Area | 01 Dtwn Old Louisville | Shively | West Lou |
| Listing VS Median (in 40208) | |
Price: $415,000 low | high Med: $180,000 sqft: 3,440 low | high Med: 1,363 $ / sqft: $121 low | high Med: $132 On site: 36 low | high Med: 163 | |