6plex Opportunity in 40214!

Multi-Family for Sale
Sale Pending/Contingent
Catylist Listing ID: 30871736
Status: Pending/Contingent
Number of Units: 6 Units
Building Size (RSF): 4,600 SF
Gross Building Area: 5,250 SF
Gross Land Area: 0.30 - 0.35 Acres
Sale Price: $355,000
Unit Price: $59,166.67 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 5/1/2024

Overview / Comments

Don't miss this excellent opportunity for a 6plex just off St Anthony Church Rd and a short skip from the Southwest YMCA. Upper floors have 2 bedroom/1 bath units. Basement has one 2/1 unit as well as a 1/1 unit (could used for property manager). Fully Rented with 5 of the 6 units as month-to-month. Plenty of room for rent improvements. There is a laundry room on basement level but the water usage is billed to Apartment 1 (1 bedroom unit). It makes sense that this may have been a managers unit previously. Currently, only Apt 1 has laundry access. Each unit pays their own water and electric. This property has been self-managed for many years. Do not disturb tenants. Will not be shown until contract has been ratified.


Finance Data Year 2024
Real Estate Taxes - Annual($) $3,313 (Annual)
Tax Value Land $36,000
Tax Value Improvements $240,560
Assessed Value - Total($) $276,560 (Annual)

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 144400110000
Zoning: R-6 - Residential Multi-Family District
Percent Occupied: 100%
Property Located Between: The Southwest YMCA and St Anthony Rd
Area Description: Rental rich area with lots of apartments and condominiums. Close to schools and not far from parks and shopping.
Total Number of Buildings: 1
Property Condition: Fair
Number of Stories: 3
Year Built: 1973
Construction/Siding: Brick
Parking Type: Surface
Parking Description: Large parking lot in rear
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
In Flood Plain?: Yes
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,375 105,266 199,896
Median Age: 37.41 38.19 37.19
Households: 2,564 42,759 80,496


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