$420,000
Louisville, KY 40214
MLS# 1707959
5 beds | 5 baths | 3110 sqft
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Property Description
This centrally located 5-Plex offers an excellent opportunity to grow your investment portfolio. Located in high demand rental area, benefiting from a strong, consistent tenant base. The building features 5 one-bedroom units that have been well maintained. The tenants have access to off street parking and a small fenced yard. Near UofL, Churchill Downs, Iroquois Park and Colonial Gardens. Currently 4 units are rented, three at $1000 monthly and a basement unit at $900 monthly. Cash-flowing and with upside potential. The basement laundry area is a value-add opportunity that could be converted to coin laundry. This stable, cash flowing investment property with long term potential in a prime Louisville location is ideal for seasoned investors and those looking to expand their portfolio.
Details
Maps
General Listing Information
Office Exclusive?: No
HOA Y/N: No
HOA Annual $: 0
Status: Active
Listing Date: 2026-01-28
Listing Price: 420000
Property Sub Type: Apartment
Status Change Info
Status: Active
Contract Info
Disclosure: Yes
Original List Price: 420000
Location
Sub Area: A
Deed Bk: 12647
Parcel ID: 055J00530000
Pg #: 0848
Block: 055j
Lot: 0053
Directions: 264/Watterson West, right onto South 3rd Street. First right on West Lansing. Building is on right.
Street #: 210
St Dir: W
Street: Lansing
St Suffix: Ave
Area: 01-Dtwn Old Louisville/Shively/West Lou
County: Jefferson
State/Province: KY
Zip Code: 40214
Subdivision/Condo: CHURCHILL
Geo Lat: 38.192337
Geo Lon: -85.764264
Property Description
SqFt -Total Finished: 3718
Above Grade Finished: 3110
Below Grade Finished: 608
Nonconform SqFt Fin: 0
Above Grade Unfin: 0
Below Grade Unfin: 338
Sqft - Total Unfin: 338
SqFt - Source: Appraiser
First Floor Laundry: No
Garage Y/N: No
Basement Y/N: Yes
Total Units: 5
Lot Size Dimensions: 0x0
Security Deposit: yes
Age: 68
# Parking Spaces: 5
Covered Parking: No
Term/Lease: 12mos
# of Furnaces: 5
# of Water Heaters: 5
Separate Meters: Yes
Sold As-Is: No
M Struct Flood Plain: No
Total # Bedrooms: 5
Total Bathrooms: 5
Lot SF: 8700
Year Built: 1958
Architectural Style
Traditional: 1
Utilities
Electricity Connected: 1
Fuel:Natural: 1
Water Source
Public: 1
Sewer
Public Sewer: 1
1st Level
Total Units: 2
# of Rooms: 6
Living Room: 2
Bedrooms: 2
Full Baths: 2
Kitchen: 2
Refrigerator: 2
Range: 2
Rent: 1000
2nd Level
Total Units: 2
# of Rooms: 6
Living Room: 2
Bedrooms: 2
Full Baths: 2
Kitchen: 2
Refrigerator: 2
Range: 2
Rent: 1000
Construction
Wood Frame: 1
Basement Level
Total Units: 1
# of Rooms: 3
Living Room: 1
Bedrooms: 1
Full Baths: 1
Kitchen: 1
Refrigerator: 1
Range: 1
Laundry: 1
Storage: 1
Roof
Shingle: 1
Owner Pays
Electricity: 1
Gas: 1
Sewer: 1
Trash Collection: 1
Water: 1
Tenant Pays
Cable TV: 1
Electricity: 1
Heating
Forced Air: 1
Natural Gas: 1
Patio and Porch Features
Porch: 1
Cooling
Wall/Window Unit(s): 1
Exterior
None: 1
None
Current Price: $420,000
Property Features
Architectural Style: Traditional
Construction: Wood Frame
Roof: Shingle
Owner Pays: Electricity; Gas; Trash Collection; Water
Tenant Pays: Cable TV; Electricity
Exterior: None
Patio and Porch Features: Porch
Utilities: Electricity Connected; Fuel:Natural
Water Source: Public
Sewer: Public Sewer
Heating: Forced Air; Natural Gas
Cooling: Wall/Window Unit(s)
Listing Office: Homepage Realty
Last Updated: January - 31 - 2026
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