672 Cecil Ave, Louisville, KY 40211
672 Cecil Ave, Louisville, KY 40211
672 Cecil Ave, Louisville, KY 40211
672 Cecil Ave, Louisville, KY 40211
672 Cecil Ave, Louisville, KY 40211
672 Cecil Ave, Louisville, KY 40211
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$ 240,000
Est. payment | /mo

7 Beds

3 Baths

2,333 SqFt


Save
$ 240,000
Est. payment | /mo
Save

7 Beds

3 Baths

2,333 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,333 sqft

Price per Sqft $102

Subdivision Cecil Ave

MLS Listing ID 1731504

Style Contemporary

Bedrooms 7

HOA Y/N No

Abv Grd Liv Area 2,333

Year Built 1915

Property Sub-Type Duplex

Source APEX MLS (Greater Louisville Association of REALTORS®)

Land Area 2333

Property Description

INCREDIBLE INVESTMENT OPPORTUNITY! Extensively renovated duplex offering 7 bedrooms, 3 full bathrooms, strong rental income, and excellent potential for additional revenue! The right unit features 4 bedrooms, 2 fully renovated bathrooms (one with a shower and another with a tub/shower combination), a kitchen, foyer, combined living/dining area, and convenient first-floor laundry with washer and dryer included. The left unit features an upstairs layout with 3 bedrooms, a full bathroom, kitchen, and living/dining combination. Extensive improvements include completely remodeled kitchens in both units with new cabinetry, countertops, and sinks. The right unit also features a new stove/oven and refrigerator. Additional upgrades include luxury vinyl plank flooring, carpeting, light fixtures, ceiling fans, blinds, interior doors, and fresh paint. Exterior improvements include new vinyl siding, window wrap, exterior paint, exterior doors, and replacement windows throughout, except for one front bedroom window in the right unit. A new roof, two water heaters, and two furnaces were installed in 2022, with two furnaces replaced again in 2025. Additional flooring and bathroom updates are currently being completed in the left unit. All appliances remain! EXCELLENT INCOME POTENTIAL! The seller currently receives $3,000 per month from five tenants, with two additional bedrooms available that could potentially generate another $1,200 per month, bringing projected gross rental income to $4,200 monthly or $50,400 annually, subject to occupancy and applicable approvals. Current tenants are on 6 month leases (5 current tenants paying 150 each week) and have been consistent occupants throughout the seller's ownership. Operating expenses are relatively low, with approximately $200/month for water, $500/month for electricity, and $63/month for internet. Both units are separately metered. At its current price point, with extensive renovations completed, this property offers excellent return-on-investment potential for experienced and first-time investors alike! The property is well-suited for use as a traditional duplex with two separate lease agreements, providing an attractive opportunity for investors seeking long-term rental income. Call listing agent for additional details. SHOWING INSTRUCTIONS: Showings available Monday-Saturday, 12:00 PM-4:00 PM. Please call the listing agent prior to scheduling an appointment.

Location

State KY

County Jefferson

Direction Take W Broadway west toward Shawnee. Turn right onto Cecil Avenue. Property is located at 672 Cecil Avenue.

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Exterior

Exterior Feature None

View Y/N No

Roof Type Shingle

Porch Porch

Garage No

Building

Lot Description Sidewalk

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Structure Type Vinyl Siding,Brick

Greater Louisville MLS (Metro Search Inc)
Listed by Red Edge Realty

Nearby Locations

Chris Howard

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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672 Cecil Ave