Four-Unit Multifamily Investment
For Sale
$300,000
409 Marret Ave, Louisville, KY 40208
MULTI_FAMILY - Other - Louisville, KY
Property Size4,200 SF
Lot Size0.15 Acres
Price / SF$71.43
Days on Market69
Property Features for 409 Marret Ave
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Basement, Bathroom 3, Bedroom 3, Bathroom 4, Bedroom 1, Bedroom 4, Bedroom 2, Bathroom 1, Bathroom 2
Subdivision
OLD LOUISVILLE
Directions
Off S. Preston Street, south of Ormsby Avenue
Standard status
Active
Size
4,200 SF
Lot size
0.15 Acres
Utilities
Sewer type
Public Sewer
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 24
Changed: Jul 30
Last Checked: Jul 31 at 8:06AM
MLS# 1718390
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, providing a consistent income stream. The property spans 4,200 square feet and is situated on a lot of approximately 0.15 acres. Additional investment opportunities are available, as there are three adjacent buildings also for sale, including an eight-unit complex at 401, 405 Marret Ave and another four-unit building at 402 Marret Ave. These additional properties also feature one-bedroom, one-bathroom units. A potential buyer has expressed interest in acquiring all four buildings, comprising a total of 16 units. The price for all properties is negotiable. Rent rolls and Net Operating Income (NOI) information are available.
Key Highlights
- 4‑unit multifamily property with all units configured as 1 bed and 1 bath
- All 4 units are occupied and generating consistent income
- Public water and public sewer service
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,026
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?
Quadplex - Four units, all one-bedroom, one-bath, generating consistent income.
Where is this quadplex located?
The property is located at 409 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 multifamily property with all units configured as 1 bed and 1 bath; All 4 units are occupied and generating consistent income; Public water and public sewer service
