Louisville, KY 40211,729 S 39th St
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$240,000
Est. payment /mo
5 Beds
2 Baths
3,217 SqFt
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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 3,217 sqft

Price per Sqft $74

Subdivision Doerhoefers

MLS Listing ID 1699740

Bedrooms 5

HOA Y/N No

Abv Grd Liv Area 2,340

Year Built 1935

Lot Size 6,534 Sqft

Acres 0.15

Property Sub-Type Triplex

Source APEX MLS (Greater Louisville Association of REALTORS®)

Land Area 2340

Property Description

This Louisville triplex for sale offers a strong value-add investment opportunity with one vacant unit ready to be leased. Current income is $1,700/month ($500 + $1,200 + vacant), with pro forma rents significantly higher once stabilized-easily beating the 1% rule. Investors can immediately boost returns by filling the vacancy and capturing upside potential. Louisville's multifamily market has shown double-digit appreciation with a 19.47% increase in median sales price year-over-year, proving the strength of this location. Whether you're expanding your portfolio or entering the market, this triplex investment property in Louisville, KY is positioned for cash flow and appreciation.

Location

State KY

County Jefferson

Direction I-264 toTake exit 2 toward Muhammad Ali Blvd onto W Muhammad Ali Blvd. Turn left onto S 34th St.Turn right onto W Broadway. Turn left onto S 39th St.

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Exterior

Exterior Feature None

View Y/N No

Roof Type Composition,Shingle

Porch Porch

Garage No

Building

Lot Description Sidewalk

Sewer Public Sewer

Water Public

Structure Type Brick


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Greater Louisville MLS (Metro Search Inc)
Listed by Real Broker, LLC
Shawne Mardis

"I have spent nearly 2 decades becoming an expert in Southern Indiana market trends and influences. Now, I'll put my considerable market background to work for you, helping you to identify the best deals, and price your home accurately to assure a quick sale, while maximizing profit. "

+1(502) 649-6720

smardis@movingwithmardis.com

8610 Chapel Hill Court, Charlestown, Indiana, 47130, USA

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729 S 39th St