The investment property you have been waiting for in the booming Louisville, KY market! This quadplex of all 1 bedroom, 1 bathroom units has been renovated from HEAD TO TOE and is ready for your tenants to move in and to help you build wealth! Boasting a new roof, new siding, new plumbing, new electrical and new anything else you can think of-this property is as maintenance free as a new construction building. Because it basically is new construction! The construction will be completed in just a few weeks-which means you can have tenants in this property by the New Year potentially! 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 AND the HUD FMR for 2025 is $970 for 1 bedroom apartments! You will definitely want to hurry with this one! With numbers like these, it will NOT last long!
Property Features
Heating and Cooling
- Cooling Features: Ductless
- Heating Features: Electric, MiniSplit/Ductless
- Heating: Yes
Bedrooms
- Bedrooms On Level 1: 2
- Bedrooms On Level 2: 2
Bathrooms
- Full Bathrooms On Level 1: 2
Land Info
- Lot Size Acres: 0.06
- Lot Size Dimensions: 83X30
- Lot Size Square Feet: 2614
Garage and Parking
Multi-Unit Info
Homeowners Association
- Calculated Total Monthly Association Fees: 0
Other Property Info
- Tax Block: 003D
- Source Listing Status: Active
- County: Jefferson
- Directions: I-64 to exit 3 onto N 22nd St. Turn right onto Portland Ave. Turn left onto N 26th St. Turn right onto Alford Ave. Turn right onto N 29th St.
- Source Property Type: Multi Family
- Area: 01-Dtwn Old Louisville/Shively/West Lou
- Property Subtype: condo
- MLS Area Minor: 01-Dtwn Old Louisville/Shively/West Lou
- Source Neighborhood: PORTLAND
- Parcel Number: 02003D00470000
- Subdivision: PORTLAND
- Property Subtype: Quadruplex
- Lot Number: 0047
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 2432
- Year Built: 1930
- Above Grade Finished Area: 2432
- Building Area Total: 2432
- Building Exterior Type: Wood Frame, Cement Siding
- Construction Materials: Wood Frame, Cement Siding
- Property Age: 95
- Roof: Shingle
- Total Area Sqft: 2432
- Architectural Style: Traditional
Utilities
- Sewer: Public Sewer
- Electricity Connected
- Water Source: Public