South Louisville Four 4-Plexes - 16 Units

Multi-Family for Sale
Catylist Listing ID: 30869497
Property Subtypes: Low-Rise/Garden
Number of Units: 16 Units
Building Size (RSF): 10,382 SF
Gross Building Area: See Agent
Sale Price: $1,176,000
Unit Price: $73,500 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/19/2024

Overview / Comments

This offering inlcudes: 12707 E. Orell Rd., 12709 E. Orell Rd., 12711 E. Orell Rd., 6105 Blevins Gap Rd.

These brick four-plexes are located minutes off Dixie Highway in Southwest Louisville. Each unit is 1BR/1BA, and has been recently totally renovated with tile kitchens and bathrooms. They are separately metered for LGE, and all have their own HVAC system and hot water heater. Roofs and windows are approx. five years old. There is ample off-street parking, plus attractive green space. One unit in each Orell building comes with an additional laundry room with W/D hookups. Most tenants are on MTM status, allowing new ownership the flexibility to bring rents to market rate.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 138000160000
Zoning: R-7 - Residential Multi-Family District

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,585 28,983 60,632
Median Age: 35.57 37.36 38.65
Households: 1,338 10,924 23,366
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