4205 Norene Ln, Louisville, KY 40219 (MLS# 1673019)


$320,000
4205 Norene Ln
Louisville, KY 40219
MLS# 1673019
Status: Active Under Contract
3402 sqft


4205 Norene Ln, Louisville, KY 40219
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Property Description
Investor's dream! This all-brick 4-plex is located in the heart of Louisville, KY, one of the fastest growing markets in the region. This area specifically has seen a 46% increase in property values over just the last five years. Louisville is known for its solid brick investment properties, offering minimal maintenance and long-term durability—this property is no exception. Whether you're looking to add a stable, income-generating property to your portfolio or secure a long-term investment in a rapidly growing market, this 4-plex checks all the boxes. With a rent roll of $4920 being possible (per the HUD FMR 2025 rates), there is an opportunity to come in and increase the income as well for an easy value add opportunity.

Details
Maps
Documents
None
Current Price: $320,000
General Listing Information
Listing Date: 2024-10-17
Listing Price: 320000
Property Sub Type: Townhouse
HOA Y/N: No
Location
Street #: 4205
Street: Norene
St Suffix: Ln
Area: 06-Buchel/Hghvw/okolona/FernCreek
Sub Area: A
County: Jefferson
State/Province: KY
Zip Code: 40219
Deed Bk: 12695
Parcel ID: 087000940000
Pg #: 423
Subdivision/Condo: NONE
Block: 0870
Lot: 0094
Directions: I-264 to Exit 14 Poplar Level Rd. Turn right onto Naomi Dr. Right onto Norene Ln.
Geo Lat: 38.166873
Geo Lon: -85.68327
Contract Info
Original List Price: 405000
Disclosure: Yes
Property Description
SqFt -Total Finished: 3402
Above Grade Finished: 3402
SqFt - Source: Other
First Floor Laundry: Yes
Garage Y/N: No
Basement Y/N: No
Total Units: 4
Lot Size Dimensions: .23
Lot SF: 10171.26
Security Deposit: YES
Age: 63
Year Built: 1961
# Parking Spaces: 4
Covered Parking: No
Term/Lease: no
# of Furnaces: 4
# of Water Heaters: 4
Separate Meters: Yes
Sold As-Is: No
M Struct Flood Plain: No
Status Change Info
Status: Active Under Contract
1st Level
Total Units: 4
# of Rooms: 2
Property Features
Construction: Brick
Roof: Shingle
Exterior: None
Utilities: Electricity Connected; Fuel:Natural
Water Source: Public
Sewer: Public Sewer
Heating: Natural Gas
Cooling: Wall/Window Unit(s)
Supplements
Don't miss this opportunity to capitalize on Louisville's booming real estate market!

Listing Office: Keller Williams Louisville East

Last Updated: February - 06 - 2025

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Broker Attribution: denise@wsghomes.com