1909 San Jose Ave Louisville, KY 40216
New
- Added:
- Apr 9, 2026
- Days on Market:
- 2
- Last Refresh:
- Apr 10 at 6:06 pm
Property Features for 1909 San Jose Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Apartment
- Bedrooms
- 12
- Bathrooms
- 12
- Rooms
- Bathroom 6, Bathroom 7, Bathroom 1, Bedroom 11, Bathroom 11, Bedroom 4, Basement, Bedroom 5, Bedroom 2, Bedroom 6, Bathroom 2, Bedroom 1, Bedroom 8, Bathroom 4, Bedroom 3, Bathroom 10, Bedroom 7, Bathroom 3, Bathroom 9, Bathroom 12, Bedroom 12, Bedroom 10, Bathroom 5, Bathroom 8, Bedroom 9
- Standard status
- Active
- APN
- 109300230000
- Size
- 6,048 SF
Utilities
- Sewer type
- Public Sewer
- Cooling system
- Wall/Window Unit(s), Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1963
- Number of units
- 12
- Building materials
- Brick
- Roof type
- Shingle
- Architectural style
- High Rise
Listing agent Heather L Allen License #60007 (502) 468-7553
Listing office Genesis Realty LLC 6414 Manslick Road, Louisville, KY (502) 468-7553
Listing date Apr 9, 2026
MLS# 1713938
Listing URL
Copyright © 2026 Greater Louisville Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Overview
Louisville Multifamily Investment Opportunity
This well-maintained 12-plex presents a strong investment opportunity, situated on a desirable corner lot. The property includes ample off-street parking, enhancing its appeal to tenants. A coin-operated laundry facility has been added in the basement, providing tenant convenience and an additional income stream. The current rent roll is $9,050 per month, with scheduled increases bringing it to $9,400 per month as of June 1, 2026. Over the past two years, ownership has successfully increased rents from $6,575 to current levels, demonstrating proven upside and continued value-add potential. Operating at a solid 7.8% cap rate, this asset offers strong cash flow with room for further growth. The property is a turnkey investment that is easy to manage and positioned for continued income expansion. The property is located in Louisville, Kentucky, with a total size of 6,048 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Louisville
- County
- Jefferson
- State
- Kentucky
- Longitude
- -85.824391
- Latitude
- 38.178492
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Well-maintained 12-unit apartment building with income growth potential.
Where is this apartment building located?
The property is located at 1909 San Jose Ave Louisville, KY.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Strong cash flow with an impressive 7.8% cap rate; Proven upside with successful rent increases, showing growth from $6,575 to $9,050 in the past two years; Scheduled rent increases to $9,400/month as of June 1, 2026
