See all 14 photos
$630,000
Est. payment /mo
12 Beds
11 Baths
3,598 SqFt
Price Dropped by $10K
1633 S 4th St Louisville, KY 40208
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Key Details
Property Type Multi-Family
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 3,598 sqft
Price per Sqft $175
Subdivision Old Louisville
MLS Listing ID 1688103
Style Traditional
Bedrooms 12
HOA Y/N No
Abv Grd Liv Area 3,598
Year Built 1900
Lot Size 3,920 Sqft
Acres 0.09
Property Sub-Type Apartment
Source Metro Search (Greater Louisville Association of REALTORS®)
Land Area 3598
Property Description
Prime 5-Unit Investment Opportunity Near University Campus
Seize this rare chance to acquire a 5-unit multi-family property with 12 bedrooms and 11 baths, strategically located on S 4th St—the heart of student housing demand. This property is just moments from a prominent local university, ensuring a steady stream of tenants and a robust rental income. With an estimated potential yearly income of approximately $51,000, this is an investment with significant cash flow potential. A full rent roll can be found in the documents.
This property is a fantastic mix of occupied and vacant units, offering an immediate return on investment and a strong opportunity for a new owner to implement strategic renovations and push rents to their full market potential.
Layout & Location... Walkable to Cardinal Boulevard and the core of the university campus, this location is a top choice for students and faculty. The property is designed for efficiency and demand, with the following layout:
First Floor: Three units, each with 1 bathroom.
Second Floor: Three units, each with 1 bathroom.
Third Floor: Two studio units, each with 1 bathroom.
Basement: Four units
Showing & Disclosures
Vacant units and common areas can be shown via ShowingTime. Occupied units require 48 hours' notice. Tenants pay $100/month for electric and $100/month for water.
Disclosure: Property is being sold AS-IS. Buyer to verify all information.
Note: This investor is liquidating their portfolio. Inquire for additional properties in the area. Don't miss this chance to acquire a high-yield asset in a prime location!
Seize this rare chance to acquire a 5-unit multi-family property with 12 bedrooms and 11 baths, strategically located on S 4th St—the heart of student housing demand. This property is just moments from a prominent local university, ensuring a steady stream of tenants and a robust rental income. With an estimated potential yearly income of approximately $51,000, this is an investment with significant cash flow potential. A full rent roll can be found in the documents.
This property is a fantastic mix of occupied and vacant units, offering an immediate return on investment and a strong opportunity for a new owner to implement strategic renovations and push rents to their full market potential.
Layout & Location... Walkable to Cardinal Boulevard and the core of the university campus, this location is a top choice for students and faculty. The property is designed for efficiency and demand, with the following layout:
First Floor: Three units, each with 1 bathroom.
Second Floor: Three units, each with 1 bathroom.
Third Floor: Two studio units, each with 1 bathroom.
Basement: Four units
Showing & Disclosures
Vacant units and common areas can be shown via ShowingTime. Occupied units require 48 hours' notice. Tenants pay $100/month for electric and $100/month for water.
Disclosure: Property is being sold AS-IS. Buyer to verify all information.
Note: This investor is liquidating their portfolio. Inquire for additional properties in the area. Don't miss this chance to acquire a high-yield asset in a prime location!
Location
State KY
County Jefferson
Direction I65 S to exit 135 (St Catherine W) to S 4th St.
Interior
Heating Forced Air
Cooling Wall/Window Unit(s)
Exterior
Exterior Feature None
View Y/N No
Roof Type Shingle
Porch Deck, Porch
Garage No
Building
Lot Description Sidewalk
Sewer Public Sewer
Water Public
Architectural Style Traditional
Structure Type Brick

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Listed by RE Solutions LLC