3016 River Park Dr - Specialty FOR SALE


Louisville, KY 40211- West Russell
$625,000 USD
502-345-2830
3016 River Park Dr, Louisville, KY for Sale
$625,000 USD
Specialty - FOR SALE
1/20
null | Request Cap Rate

3016 River Park Dr
Louisville, KY 40211
West Russell


HIGHLIGHTS

  • Stable Cash Flow: Majority leased with long-term Section 8 tenants
  • Updated Homes: Many improvements already made, reducing upfront CapEx
  • Diverse Property Mix: Varying sizes and layouts to appeal to a range of tenant profiles
  • Strong Rental Demand: Located in established neighborhoods with solid occupancy rates

OVERVIEW

Louisville, KY Single-Family Investment Portfolio | $625,000 Introducing a compelling investment opportunity featuring a portfolio of six single-family homes strategically located across Louisville, KY. Priced at $625,000, this value-packed collection offers a mix of property sizes, layouts, and income-producing potential — ideal for investors seeking immediate cash flow with long-term upside. These older homes have undergone various updates and improvements, offering both charm and functionality. Portfolio Overview: 3016 River Park Dr 4 Bedrooms + Bonus Room | 2 Bathrooms | 2,460 Sqft 2-Car Garage | Central Air & Heat Offered at $200,000 Spacious layout ideal for families or shared housing 427 N 28th Street 2 Bedrooms | 1 Bathroom | 912 Sqft Offered at $75,000 427 ½ N 28th Street 1 Bedroom | 1 Bathroom | 870 Sqft Offered at $70,000 1542 Garland Ave 4 Bedrooms | 1.5 Bathrooms | 1,778 Sqft Offered at $135,000 Large footprint with classic character and strong rental appeal 1815 Columbia St 2 Bedrooms | 1 Bathroom | 610 Sqft Offered at $75,000 1817 Columbia St 2 Bedrooms | 1 Bathroom | 610 Sqft Offered at $70,000 Whether you're expanding your existing holdings or entering the Louisville market, this portfolio offers the rare combination of affordability, occupancy, and upside potential. Financials, rent roll, and additional details available upon request

FOR SALE DETAILS

PRICE

$625,000 USD

PRICE/SF

$254 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1905

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

007K00490000

ASK ABOUT THIS PROPERTY

Ashley BrownHomepage RealtyMore Info
502-345-2830

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Ashley BrownHomepage RealtyMore Info
502-345-2830

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