$307,500
$320,000
3.9%For more information regarding the value of a property, please contact us for a free consultation.
3,402 SqFt
SOLD DATE : 04/16/2025
Key Details
Sold Price $307,500
Property Type Multi-Family
Sub Type Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 3,402 sqft
Price per Sqft $90
MLS Listing ID 1673019
Sold Date 04/16/25
HOA Y/N No
Abv Grd Liv Area 3,402
Originating Board Metro Search (Greater Louisville Association of REALTORS®)
Year Built 1961
Lot Size 10,018 Sqft
Acres 0.23
Property Sub-Type Townhouse
Property Description
Investor's dream! This all-brick 4-plex is located in the heart of Louisville, KY, one of the fastest growing markets in the region. This area specifically has seen a 46% increase in property values over just the last five years. Louisville is known for its solid brick investment properties, offering minimal maintenance and long-term durability—this property is no exception. Whether you're looking to add a stable, income-generating property to your portfolio or secure a long-term investment in a rapidly growing market, this 4-plex checks all the boxes. With a rent roll of $4920 being possible (per the HUD FMR 2025 rates), there is an opportunity to come in and increase the income as well for an easy value add opportunity. Don't miss this opportunity to capitalize on Louisville's booming real estate market!
Location
State KY
County Jefferson
Direction I-264 to Exit 14 Poplar Level Rd. Turn right onto Naomi Dr. Right onto Norene Ln.
Interior
Heating Natural Gas
Cooling Wall/Window Unit(s)
Exterior
Exterior Feature None
View Y/N No
Roof Type Shingle
Garage No
Building
Sewer Public Sewer
Water Public
Structure Type Brick
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1991 Crocker Rd, Suite 600, Westlake, Ohio, 44145, United States