1501 Hepburn Ave.

Multi-Family for Sale
Catylist Listing ID: 30748965
Property Subtypes: Low-Rise/Garden
Number of Units: 4 Units
Building Size (RSF): 3,667 SF
Gross Building Area: See Agent
Sale Price: $499,000
Unit Price: $124,750 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/15/2021

Overview / Comments

Value-add 4-plex located in the highly desirable "Highlands" Neighborhood.

Within walking distance from some of the city's top restaurants and retail options (Bardstown Rd & Baxter Ave).

The property is currently vacant and the owner is actively performing renovations on the property.

This is a perfect property for an opportunistic investor who's interested in bringing the units up to market rate.

When the property was occupied, tenants paid their own gas & electricity while the owner was responsible for water and heating the building.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Taxing Authority: Jefferson
Tax ID/APN: 027B01440000
Zoning: R-5B - Residential Two-Family District
Percent Occupied: 0%
Total Number of Buildings: 1
Property Condition: Fair
Number of Stories: 3
Year Built: 1910
Construction/Siding: Brick
Parking Type: Surface
Parking Description: Cover parking is located in the back of the property. Total of 3 parking spots.
Total Parking Spaces: 3
Air Conditioning: Window Unit
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 21,330 131,620 323,131
Median Age: 36.95 36.89 37.26
Households: 10,789 60,372 141,041
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