Louisville Multifamily Investment
For Sale
$600,000
401 Marret Ave, Louisville, KY 40208
MULTI_FAMILY - Other - Louisville, KY
Property Size11,276 SF
Price / SF$53.21
Days on Market73
Property Features for 401 Marret Ave
General Information
Property type
Residential Multi Family
Property subtype
Apartment
Bedrooms
8
Bathrooms
8
Full bathrooms
8
Rooms
Bedroom 4, Bathroom 1, Bedroom 3, Bedroom 7, Bedroom 8, Bedroom 5, Bathroom 2, Bathroom 5, Bedroom 6, Bedroom 1, Basement, Bathroom 8, Bathroom 7, Bathroom 6, Bathroom 4, Bathroom 3, Bedroom 2
Patio and Porch features
Deck
Exterior features
Balcony
Subdivision
OLD LOUISVILLE
Directions
Take exit 134A from I-65S, Go on S Preston St, House is on Marrett Ave intersection.
Standard status
Active
APN
09023D00010000
Size
11,276 SF
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Window Unit(s), Wall/Window Unit(s)
Water source
Public
Building Details
Year built
1923
Number of units
8
Building materials
Wood Frame, Stucco
Roof type
Asphalt
Architectural style
Other
Listing Agency:
United Real Estate Louisville
(502) 509-4498
Listed By:
Vijay Addala · License #265343
(302) 897-9899
Added: May 20
Changed: Jul 30
Last Checked: Jul 31 at 8:06AM
MLS# 1718004
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.
Investment Insights
Based on property information with market context.
This offering includes two buildings located at 401 and 405 Marrett Ave in Louisville, KY. The properties comprise a total of eight units, each featuring one bedroom and one bathroom. All units are currently occupied, providing a consistent income stream. Rent rolls and Net Operating Income (NOI) information are available. There are two additional four-unit buildings located next to these properties at 402 and 409 Marrett Ave that are also for sale, each with one-bedroom, one-bathroom units. The combined properties offer a potential investment opportunity. The property size is 11,276 square feet, situated on a lot with an area of 0 acres.
Key Highlights
- Two‑building multifamily at 401 and 405 Marrett Ave, totaling 8 units
- All units are 1 bed and 1 bath
- All 8 units are occupied, generating consistent income
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,077
Businesses Nearby
Explore this area
Business Placement
Demographics for 40208, KY
17,048
Population
6,675
Households
2.6
Avg Household Size
27
Median Age
34%
College-Educated
88%
High-School Grad
2.6 sq mi
ZIP Area
6,557
Density / Sq Mi
$37,714
Median Household Income
$17,255
Median Earnings
$914
Median Rent
$153,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Two buildings with eight units, generating consistent income.
Where is this apartment building located?
The property is located at 401 Marret Ave Louisville, KY.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Two‑building multifamily at 401 and 405 Marrett Ave, totaling 8 units; All units are 1 bed and 1 bath; All 8 units are occupied, generating consistent income
