2628 Lindsay Ave - Apartments FOR SALE


Louisville, KY 40206- Clifton Heights
$1,500,000 USD
502-897-3310
2628 Lindsay Ave, Louisville, KY for Sale
$1,500,000 USD
Apartments - FOR SALE
1/11
null | Request Cap Rate

2628 Lindsay Ave
Louisville, KY 40206
Clifton Heights


OVERVIEW

Hoagland Commercial Realtors is pleased to present this 16-unit multifamily opportunity for sale in Louisville located in the highly desirable Clifton Heights neighborhood, just north of Brownsboro Road. This 16-unit portfolio consists of a mix of well-maintained duplex and quad-style buildings, all situated along its own side-street—offering operational efficiency and strong long-term hold appeal. There are twelve (2-br) and four (1-br) units. All units are separately metered, providing clean expense allocation and flexibility for future ownership. Select units feature washer and dryer hookups, enhancing tenant appeal and rent durability. Recent capital improvements across the portfolio include multiple new roofs, new outdoor HVAC units, and new water heaters, reducing near-term maintenance concerns for the next owner. Current rents present a clear value-add opportunity, with the ability to raise rents to market-consistent levels across the property. This offering is well-suited for an investor seeking stable cash flow with upside, or a buyer looking to enter the multi-family space and scale efficiently within a strong infill submarket. Call or email for additional financials and property details.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$95 USD /SF

# OF UNITS

7

PRICE/UNIT

$214,286

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1968

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,718 SF

ZONING

R-5

APN/PARCEL ID

088C00680000

ASK ABOUT THIS PROPERTY

Christopher O'RearHoagland Commercial RealtorsMore Info
502-897-3310

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Christopher O'RearHoagland Commercial RealtorsMore Info
502-897-3310

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.