421 E Ormsby Ave - Apartments FOR SALE


Louisville, KY 40203- Shelby Park
$778,000 USD
502-345-2830
421 E Ormsby Ave, Louisville, KY for Sale
$778,000 USD
Apartments - FOR SALE
1/15
null | Request Cap Rate

421 E Ormsby Ave
Louisville, KY 40203
Shelby Park


OVERVIEW

Back on Markert, Buyer was unable to secure financing. This exceptional investment opportunity features a package of single-family and small multi-family rental homes, all strategically located in Louisville, KY. The properties are currently fully rented, with tenants paying near-market value, ensuring immediate cash flow for the next investor. Seller is willing to sell as a package or individually. Each home has been well-maintained and is ready for a seamless transition, offering a turn-key solution for any buyer looking to expand or diversify their portfolio. Whether you're a seasoned investor or just entering the rental market, these homes provide a fantastic opportunity for stable, long-term returns. Don't miss out on this rare opportunity to acquire a fully rented, low-maintenance, and income-producing asset in a growing market. Addresses included in this sale: -421 E Ormsby Ave, Louisville, KY 40203- 2 units: each with 2 beds, 1 bath, SF 1,760, $215,000 -2733 Taylor Blvd, Louisville, KY 40208-4 units: each with 1 bed, 1 bath, SF 2,666, $230,000 -2104 W Burnett Ave, Louisville, KY 40210, SF 1,282: 3 beds, 1 bath, $105,000 -1848 Portland Ave, Louisville, KY 40203-2 units: each with 1 bed, 1 bath, SF 2,032, $150,000 -122 N 39th St, Louisville, KY 40212- SF: 2 beds, 1 bath, 672 SF, $78,000

FOR SALE DETAILS

PRICE

$778,000 USD

PRICE/SF

$94 USD /SF

# OF UNITS

5

PRICE/UNIT

$155,600

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1995

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

023D00490000

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 Policy.