Four-Unit Multifamily Investment
For Sale
$300,000
402 Marret Ave, Louisville, KY 40208
MULTI_FAMILY - Other - Louisville, KY
Property Size4,200 SF
Lot Size0.15 Acres
Price / SF$71.43
Days on Market68
Property Features for 402 Marret Ave
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 2, Bedroom 2, Bathroom 1, Basement, Bedroom 3, Bedroom 4, Bedroom 1, Bathroom 4, Bathroom 3
Subdivision
OLD LOUISVILLE
Directions
Off S. Preston Street, south of Ormsby Avenue
Standard status
Active
APN
09023F00350000
Size
4,200 SF
Lot size
0.15 Acres
Utilities
Sewer type
Public Sewer
Cooling system
Central Air
Water source
Public
Building Details
Year built
1927
Number of units
4
Building materials
Concrete, Brick, Stucco
Roof type
Shingle
Architectural style
Other
Listing Agency:
United Real Estate Louisville
(502) 509-4498
Listed By:
Vijay Addala · License #265343
(302) 897-9899
Added: May 25
Changed: Jul 30
Last Checked: Jul 31 at 8:06AM
MLS# 1718389
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 multifamily property features four units, each with one bedroom and one bathroom. All units are currently occupied and generating consistent income. Rent rolls and NOI information are available. The property is situated on a lot of 0.15 acres and the building size is 4200 square feet. There are three additional buildings adjacent to this property that are also for sale, including an eight-unit building at 401, 405 Marret Ave and a four-unit building at 409 Marret Ave. All units in these buildings have one bedroom and one bathroom. There is potential to purchase all four buildings, totaling 16 units.
Key Highlights
- 4‑unit property built in 1927 with concrete, brick, and stucco construction
- All units are 1 bed / 1 bath and currently occupied
- Public utilities: public water and public sewer
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Four units, all one-bed, one-bath, generating consistent income.
Where is this quadplex located?
The property is located at 402 Marret Ave Louisville, KY.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 4‑unit property built in 1927 with concrete, brick, and stucco construction; All units are 1 bed / 1 bath and currently occupied; Public utilities: public water and public sewer
