(502) 442-2030[email protected]
For Sale

339 N 42nd St, Louisville, KY 40212, Louisville KY 40212

$267,500
2,166 sqft

Incredible opportunity to own three income-producing rental homes on a single parcel in one of Louisville's fastest-growing zip codes, which has appreciated by 47.8% since July 2021. This unique investment includes two 3-bedroom homes and one 2-bedroom home, all with basements, offering ample space and functionality for long-term tenants. With current rents totaling $2918 with a newly vacated unit (was paying $975/month), this bundle will EASILY beat the 1% rule when fully occupied (Pro forma rents total over $3400/month according to LMHA estimates). This property is ideal for buy-and-hold inv

339 N 42nd St, Louisville, KY 40212339 N 42nd St, Louisville, KY 40212339 N 42nd St, Louisville, KY 40212339 N 42nd St, Louisville, KY 40212339 N 42nd St, Louisville, KY 40212339 N 42nd St, Louisville, KY 40212

CloseDaily local analysis

Facts and context beyond the MLS description

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

How this home compares in Louisville

This home is offered at $123 per square foot, compared with a $114 median for active 0-bedroom homes in Louisville. Its asking price falls near the 57th percentile of that active group. The comparison uses 226 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.

$123Listing $/sqft
$114Cohort median $/sqft
226Comparable active listings
30 daysAverage market time

Nearby closed sales

Recent sold homes near this property

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 $26,750, and the median is $17 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.

AddressSoldHomeSold priceDistance
212 S 43rd St, Louisville, KY 40212 Jun 13, 2026 2 bd · 1,032 sqft $21,500 0.2 mi
300 N 45th St, Louisville, KY 40212 Jun 13, 2026 4 bd · 1,317 sqft $33,500 0.2 mi
116 N 44th St, Louisville, KY 40212 Jun 13, 2026 4 bd · 1,880 sqft $25,500 0.3 mi
113 N 40th St, Louisville, KY 40212 Jun 13, 2026 3 bd · 1,420 sqft $23,500 0.3 mi
137 N 46th St, Louisville, KY 40212 Jun 13, 2026 2 bd · 1,238 sqft $27,500 0.4 mi
4221 Northwestern Pkwy, Louisville, KY 40212 Jun 13, 2026 3 bd · 2,000 sqft $26,000 0.4 mi
136 NE 37th St, Louisville, KY 40210 Jun 13, 2026 3 bd · 2,030 sqft $33,900 0.4 mi
122 Northwestern Pkwy, Louisville, KY 40212 Jun 13, 2026 5 bd · 3,652 sqft $54,000 0.5 mi

MLS timeline

Price and status history

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.

  1. $267,500 · Active

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Similar active homes in Louisville

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.

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