$409,999
Louisville, KY 40218
MLS# 1715503
8 beds | 4 baths | 3152 sqft
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Property Description
Investment opportunity in the heart of 40218! 4-plex features four spacious 2-bedroom, 1-bath units, each equipped with washer/dryer hookups—an attractive amenity for tenants. Currently, 3 units are occupied with 1 vacant unit, offering immediate upside for owner-occupants or investors looking to set market rent. Major updates include a newer roof (only 2 years old), helping reduce near-term capital expenses. Each unit offers a functional layout with strong rental appeal, and the no-pet policy has helped maintain overall condition.
Details
Maps
Documents
General Listing Information
Office Exclusive?: No
REO/Bank Owned/HUD: No
HOA Y/N: Yes
HOA Annual $: 250
Status: Active
Listing Date: 2026-04-24
Listing Price: 409999
Property Sub Type: Apartment
Status Change Info
Status: Active
Contract Info
Disclosure: Yes
Original List Price: 409999
Location
Sub Area: A
Deed Bk: 10358
Parcel ID: 201504210000
Pg #: 0740
Block: 0
Lot: 0
Directions: I-264 to South on Bardstown Rd. Follow Bardstown Rd about 2.5 miles to right on Fegenbush Ln to right on Newport.
Street #: 4411
Street: Newport
St Suffix: Rd
Area: 06-Buchel/Hghvw/okolona/FernCreek
County: Jefferson
State/Province: KY
Zip Code: 40218
Subdivision/Condo: NORFOLK ESTATES
Geo Lat: 38.178519
Geo Lon: -85.639522
Property Description
SqFt -Total Finished: 3152
Above Grade Finished: 3152
Below Grade Finished: 0
Nonconform SqFt Fin: 0
Above Grade Unfin: 0
Below Grade Unfin: 0
Sqft - Total Unfin: 0
SqFt - Source: Appraiser
First Floor Laundry: Yes
Garage Y/N: No
Basement Y/N: No
Total Units: 4
Lot Size Dimensions: 0
Security Deposit: 800
Age: 55
# Parking Spaces: 8
Covered Parking: No
Term/Lease: MTM
R Factor Ceiling: No
R Factor Wall: No
# of Furnaces: 4
# of Water Heaters: 4
Separate Meters: Yes
Sold As-Is: Yes
M Struct Flood Plain: No
Total # Bedrooms: 8
Total Bathrooms: 4
Year Built: 1971
Architectural Style
Other: 1
Utilities
Electricity Connected: 1
Fuel:Natural: 1
Water Source
Public: 1
Sewer
Public Sewer: 1
1st Level
Total Units: 2
# of Rooms: 8
Living Room: 2
Bedrooms: 4
Full Baths: 2
Closets: 4
Dining Room: 2
Kitchen: 2
Refrigerator: 2
Range: 2
Laundry: 2
Rent: 1800
2nd Level
Total Units: 2
# of Rooms: 8
Living Room: 2
Bedrooms: 4
Full Baths: 2
Closets: 4
Dining Room: 2
Kitchen: 2
Refrigerator: 2
Range: 2
Laundry: 2
Rent: 900
Construction
Brick: 1
Concrete: 1
Roof
Composition: 1
Shingle: 1
Owner Pays
Sewer: 1
Trash Collection: 1
Water: 1
Tenant Pays
Cable TV: 1
Electricity: 1
Gas: 1
Heating
# of HVAC Units: 1
Natural Gas: 1
Patio and Porch Features
Deck: 1
Cooling
Central Air: 1
Exterior
See Remarks: 1
None
Current Price: $409,999
Property Features
Architectural Style: Other
Construction: Brick; Concrete
Roof: Composition; Shingle
Owner Pays: Trash Collection; Water
Tenant Pays: Cable TV; Electricity; Gas
Exterior: See Remarks
Patio and Porch Features: Deck
Utilities: Electricity Connected; Fuel:Natural
Water Source: Public
Sewer: Public Sewer
Heating: # of HVAC Units; Natural Gas
Cooling: Central Air
Seller Disclosure and LBP Disclosure 
Listing Office: Re/Max Five Star Properties
Last Updated: April - 24 - 2026
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