Value-add 14-unit multifamily investment opportunity in West Louisville. The property consists entirely of 1-bedroom, 1-bath units, with 12 units approximately 550+ SF and 2 units approximately 800+ SF. Currently generating ~$8,000/month in gross income with four vacancies, including two recently renovated units now in lease-up, offering immediate upside through stabilization and rent normalization. Market rents are $800+ for market tenants (tenant-paid gas and electric) and $950+ for Section 8 (gross). Each unit is individually metered for LG&E, with water/sewer common. Recent ownership upgra
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 $100 per square foot, compared with a $154 median for active five-or-more-bedroom homes in Louisville. Its asking price falls near the 83rd 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 $17,750, and the median is $18 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 |
|---|---|---|---|---|
| 670 Lindell Ave, Louisville, KY 40211 | Jun 13, 2026 | 4 bd · 2,497 sqft | $50,900 | 0.2 mi |
| 716 S 37th St, Louisville, KY 40211 | Jun 13, 2026 | 2 bd · 1,126 sqft | $11,000 | 0.3 mi |
| 3521 W Muhammad Ali Blvd, Louisville, KY 40211 | Jun 13, 2026 | 4 bd · 1,224 sqft | $14,005 | 0.3 mi |
| 643 Sandra Ct, Louisville, KY 40212 | Jun 13, 2026 | 3 bd · 1,036 sqft | $16,500 | 0.3 mi |
| 740 S 36th St, Louisville, KY 40211 | Jun 13, 2026 | 3 bd · 1,374 sqft | $15,000 | 0.3 mi |
| 418 S 38th St, Louisville, KY 40212 | Jun 13, 2026 | 2 bd · 768 sqft | $30,100 | 0.3 mi |
| 808 S 37th St, Louisville, KY 40211 | Jun 13, 2026 | 2 bd · 930 sqft | $19,000 | 0.4 mi |
| 727 S 41st St, Louisville, KY 40211 | Jun 13, 2026 | 3 bd · 1,847 sqft | $59,900 | 0.5 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.
$980,000703 Cadogan Way, Louisville, KY 402224 bd · 3.0 ba · 4,506 sqft
$975,000607 W Ormsby Ave, Louisville, KY 402036 bd · 9.0 ba · 6,552 sqft
$975,0002110 Bonnycastle Ave, Louisville, KY 402055 bd · 5.0 ba · 4,176 sqft
$975,0003516 Meadow Bluff Way, Louisville, KY 402455 bd · 4.0 ba · 4,125 sqft
$975,0002 Brownsboro Hill Rd, Louisville, KY 402073 bd · 4.0 ba · 3,299 sqft
$989,00017319 Deer Crossing Trail, Louisville, KY 400234 bd · 4.0 ba · 3,041 sqft
View all Louisville homes for sale · See the Louisville market report
