Discover an exceptional turnkey investment opportunity in the heart of Louisville. This fully occupied, well maintained 12 unit apartment building is a solid mix of comfort, convenience, and income potential. Located in a high-demand rental area with easy access to public transportation, schools, shopping, and major highways. Each of the 12 units has approximately 950 sf of living space, featuring two spacious bedrooms, dine in kitchens, and one full bathroom. The units have functional layouts, large living areas, natural light, their own PTAC units, and are separately metered for gas & electr
CloseDaily local analysis
The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.
Current market context
This home is offered at $96 per square foot, compared with a $154 median for active five-or-more-bedroom homes in Louisville. Its asking price falls near the 88th percentile of that active group. The comparison uses 263 active or publicly marketable listings from the same local MLS source, filtered to the same bedroom group rather than mixing every property type and size together.
The property has been tracked for 0 days, while the current cohort averages 30 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.
Nearby closed sales
The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $74,500, and the median is $45 per square foot where square footage was reported.
Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 3447 Fernheather Dr, Louisville, KY 40216 | Jun 13, 2026 | 3 bd · 1,494 sqft | $55,000 | 0.4 mi |
| 1711 Nobel Pl, Louisville, KY 40216 | Jun 13, 2026 | 2 bd · 1,974 sqft | $50,000 | 0.4 mi |
| 3431 Fernheather Dr, Louisville, KY 40216 | Jun 13, 2026 | 3 bd · 1,914 sqft | $69,000 | 0.5 mi |
| 2129 Middle Ln, Louisville, KY 40216 | Jun 13, 2026 | 3 bd · 1,718 sqft | $103,000 | 0.5 mi |
| 3411 Park Row Dr, Louisville, KY 40216 | Jun 13, 2026 | 3 bd · 2,000 sqft | $92,500 | 0.5 mi |
| 3456 Heatherfield Dr, Louisville, KY 40216 | Jun 13, 2026 | 3 bd · 2,050 sqft | $91,000 | 0.5 mi |
| 1853 Mary Catherine Dr, Louisville, KY 40216 | Jun 13, 2026 | 3 bd · 1,075 sqft | $80,000 | 0.5 mi |
| 3423 Heatherfield Dr, Louisville, KY 40216 | Jun 13, 2026 | 3 bd · 1,118 sqft | $54,000 | 0.6 mi |
MLS timeline
This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.
Continue comparing
These active listings are in the same city and a nearby price range. Each link is rendered on the server so visitors and search engines can move between the property, the city inventory, and other relevant homes without returning to a generic search page.
$1,100,0001646 Beechwood Ave, Louisville, KY 4020416 bd · 4.0 ba · 6,909 sqft
$1,099,0007620 Beech Spring Farm Blvd, Louisville, KY 402414 bd · 4.0 ba · 4,763 sqft
$1,099,0007310 Mount Washington Rd, Louisville, KY 402294 bd · 4.0 ba · 5,006 sqft
$1,095,000154 Totem Rd, Louisville, KY 402075 bd · 4.0 ba · 3,695 sqft
$1,125,0002502 Tamerlane Ct, Louisville, KY 402073 bd · 5.0 ba · 3,925 sqft
$1,063,0002852 Frankfort Ave, Louisville, KY 402062 bd · 3.0 ba · 2,893 sqft
View all Louisville homes for sale · See the Louisville market report
