32 Unit West Louisville Portfolio

Multi-Family for Sale
Catylist Listing ID: 30827718
Property Subtypes: Duplex/Fourplex
Number of Units: 32 Units
Building Size (RSF): 35,865 SF
Gross Building Area: See Agent
Sale Price: $3,680,000
Unit Price: $115,000 Per Unit
In Opportunity Zone? Yes
Property Use Type: Investment
Sale Terms: Cash to Seller
Last Updated: 1/8/2023

Overview / Comments

This well maintained 32 unit portfolio includes 21 single family homes, two duplexes, a triplex, and a quadplex. The properties are all within close vicinity of each other, in the West Louisville neighborhood.

The portfolio has been self-managed by a hands-on owner who has ensured that the properties are well attended to and the tenants are current on their rents. Current total monthly rent is almost $28,000. There is room to increase revenues. There are several long-term tenants.

Highlights include the following:

> High physical and economic occupancy
> Well maintained properities with updated interiors
> All propertied within close proximity of each other

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 047C00290000
Zoning: R-1 - Residential Single Family District

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 19,437 131,291 261,452
Median Age: 35.22 35.04 36.29
Households: 7,640 54,174 110,964
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