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$ 390,000
Est. payment | /mo
2,694 SqFt
$ 390,000
Est. payment | /mo
2,694 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,694 sqft
Price per Sqft $144
MLS Listing ID 1715574
Style Other
HOA Y/N No
Abv Grd Liv Area 2,694
Year Built 1948
Property Sub-Type Quadruplex
Source APEX MLS (Greater Louisville Association of REALTORS®)
Land Area 2694
Property Description
Excellent investment opportunity in the Germantown area featuring two duplexes on one parcel with frontage on both Shelby Pkwy and Dandridge Ave. Property includes four total units: 916 Shelby Pkwy (Units A & B) and 917 Dandridge Ave (Units A & B), offering strong income potential and value-add upside. 916 Shelby Pkwy Unit A is a spacious 1BR/1BA with a loft area often used as a second bedroom. Unit includes in-unit washer and dryer. Currently rented at $1,015/month, well below market, with prior rents exceeding $1,300/month. 916 Shelby Pkwy Unit B is a 1BR/1BA unit and is currently vacant, providing immediate lease-up opportunity at market rent. 917 Dandridge Ave Unit A is a 2BR/1BA currently rented at $1,000/month, below market value. In-unit washer and dryer 917 Dandridge Ave Unit B is an efficiency-style 1BR/1BA unit and is currently vacant. In-unit washer and dryer Two vacant units allow for immediate income optimization. Strong upside through rent increases and potential improvements. Unique dual-street access enhances tenant appeal and leasing flexibility. Ideal for investors seeking cash flow with value-add potential.
Location
State KY
County Jefferson
Direction Eastern Pkwy to Goss Ave. R on Boyle St. L on Charles St. R on Dandridge. L on Shelby Pkwy.
Interior
Heating Forced Air, Natural Gas
Cooling Central Air, Wall/Window Unit(s)
Exterior
Exterior Feature None
View Y/N No
Roof Type Shingle
Porch Porch
Garage No
Building
Lot Description Dead End, Sidewalk
Sewer Public Sewer
Water Public
Architectural Style Other
Structure Type Wood Frame,Block,Brick
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Listed by Beck Realty Group