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Chris Howard

chris@chrishowardhomes.net +1(270) 723-9200

$ 469,900

Est. payment | -/mo

3 Beds

2 Baths

2,252 SqFt

Save

$ 469,900

Est. payment | -/mo

Save

3 Beds

2 Baths

2,252 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,252 sqft

Price per Sqft $208

MLS Listing ID 1731542

Style Traditional

Bedrooms 3

HOA Y/N No

Abv Grd Liv Area 2,252

Year Built 1900

Lot Size 3,484 Sqft

Acres 0.08

Property Sub-Type Duplex

Source APEX MLS (Greater Louisville Association of REALTORS®)

Land Area 2252

Property Description

TURNKEY INVESTMENT OPPORTUNITY IN THE HEART OF THE HIGHLANDS! Beautifully remodeled duplex offering 2,252 square feet of updated living space in one of Louisville's most desirable neighborhoods! Priced at $469,900, this income-producing property generates $3,100 in monthly rental income ($37,200 annually), with reported annual operating expenses of just $6,350. That's an estimated Net Operating Income (NOI) of $30,850 and an attractive 6.57% CAP RATE! Extensively renovated and move-in ready, this duplex offers two separate residential units, making it an excellent opportunity for investors seeking immediate rental income or owner-occupants looking to live in one unit while generating income from the other. Located in the vibrant Highlands neighborhood, residents enjoy convenient access to popular restaurants, boutiques, coffee shops, nightlife, parks, and entertainment. Just minutes from downtown Louisville and UofL! PRIME LOCATION + EXTENSIVE RENOVATIONS + ESTABLISHED RENTAL INCOME! A fantastic opportunity to own an income-producing property in the Highlands. See attached improvements for extensive remodel performed on this property. Schedule your private showing today!

Location

State KY

County Jefferson

Direction Bardstown Rd to Baxter Ave; left onto Morton Ave; building is on the right

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Exterior

Exterior Feature See Remarks

View Y/N No

Roof Type Shingle

Porch Deck, Porch

Garage No

Building

Lot Description Sidewalk

Sewer Public Sewer

Water Public

Architectural Style Traditional

Structure Type Vinyl Siding,Wood Frame

Greater Louisville MLS (Metro Search Inc)

Listed by Caperton Realty

Nearby Locations

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

+1(270) 723-9200

chris@chrishowardhomes.net

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1429 Morton Ave Louisville, KY 40204