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$ 850,000
Est. payment | /mo
2 Beds
4 Baths
3,625 SqFt
$ 850,000
Est. payment | /mo
2 Beds
4 Baths
3,625 SqFt
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 3,625 sqft
Price per Sqft $234
MLS Listing ID 1724023
Style Contemporary
Bedrooms 2
HOA Y/N No
Abv Grd Liv Area 3,625
Year Built 1950
Lot Size 7,405 Sqft
Acres 0.17
Property Sub-Type Triplex
Source APEX MLS (Greater Louisville Association of REALTORS®)
Land Area 3625
Property Description
Fully renovated, income-producing 3 unit mixed use building in Louisville's high-growth Shelby Park / Logan Street corridor. This turnkey asset features three fully occupied units generating $7,500/month ($90,000 annually), including a ground-floor commercial lease at $3,500/month (no annual increases) through March 2029 and two furnished annual 1BR/1BA units at $2,000/month each or totalling $4,000/month combined. Separately metered with minimal near-term capex, this property offers stable cash flow with built-in upside. Zoned C-2 (STR or Short Term Rental -eligible, buyer to verify) and located directly across from Logan Street Market, the property benefits from strong foot traffic and proximity to Germantown, NuLu, and Downtown. Situated on a 0.17-acre lot with 10 off-street parking spaces—rare for the area—this is an ideal opportunity for investors seeking a stabilized mixed-use asset in one of Louisville's most active submarkets. Financials and leases available upon request. Do not disturb tenants.
Location
State KY
County Jefferson
Direction On Logan Street between Mary Street and E St. Catherine Street.
Exterior
Exterior Feature None
View Y/N No
Roof Type Shingle
Porch Deck, Porch
Garage No
Building
Sewer Public Sewer
Water Public
Architectural Style Contemporary
Structure Type Other,Aluminum Siding

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Listed by EXP Realty LLC
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