3-Unit Residential
For Sale
$430,000
1100 E Oak St, Louisville, KY 40204
Multi Family, Louisville, KY
Property Size2,826 SF
Price / SF$152.16
Days on Market8
Property Features for 1100 E Oak St
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
5
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 1, Bathroom 4, Basement, Bedroom 5, Bedroom 4, Bathroom 1, Bathroom 3, Bedroom 3, Bedroom 2, Bathroom 2
Subdivision
GERMANTOWN
Lot features
Corner Lot, Sidewalk
Directions
From Barret Ave or Logan St. to E Oak
Standard status
Active
APN
025G00690000
Size
2,826 SF
Additional Details
Tenant in Place
Yes
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Central Air
Water source
Public
Building Details
Year built
1915
Number of units
3
Building materials
Vinyl Siding, Wood Frame, Brick
Roof type
Shingle
Buildings
1
Listing Agency:
Homepage Realty
(502) 690-6685
Listed By:
Michelle E Kurland
(502) 641-9477
Added: Oct 21
Changed: Oct 27
Last Checked: Oct 28 at 1:06PM
MLS# 1732443
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.
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Investment Insights
Based on property information with market context.
This 1915 triplex contains three units. Two are occupied by long-term tenants on month-to-month leases and feature lower-level living rooms, first-floor kitchen and dining areas, and second-floor lofts with two bedrooms, a full bathroom, and laundry space. One of these units also has a foyer and half bath. The third unit requires renovation. A basement houses mechanical systems and provides storage. The building has vinyl siding, wood-frame and brick construction, a shingle roof, natural gas heat, and central air.
The property is near neighborhood shops, restaurants, entertainment, and public bus routes. Public water and sewer serve the property.
The property is near neighborhood shops, restaurants, entertainment, and public bus routes. Public water and sewer serve the property.
Key Highlights
- Three‑unit residential property built in 1915
- Two units occupied by long‑term tenants under month‑to‑month leases
- Two units have lower‑level living rooms, first‑floor kitchens and dining areas, and second‑floor lofts
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,779
Cap Rate
5.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$475,580
$475.6K
Cap Rate 7%
$339,700
$339.7K
Cap Rate 9%
$264,211
$264.2K
Market Conditions
NOI Build-Up for 2,826 SF
Gross rent
$35.9K $12.72/SF
− Vacancy
−$2.0K −$0.70/SF
EGI
$34.0K $12.02/SF
− OpEx
−$10.2K −$3.61/SF
NOI
$23.8K $8.41/SF
Area
Louisville, KY
Vacancy
5.50%
Lease Rate
$12.72 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$475,580
Cap Rate 7%
$339,700
Cap Rate 9%
$264,211
Alternative Uses
Best Use
Multifamily LT 5
$339.7K
$297.2K – $396.3K
NOI $23,779 @ 7.0% cap · market cap 5.53%
Second Best
Apartment 5plus
$274.7K
$240.4K – $320.5K
NOI $19,232 @ 7.0% cap · market cap 4.47%
Theoretical Best
Office A
$732.5K
$640.9K – $854.6K
NOI $51,275 @ 7.0% cap · market cap 11.92%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,301
Businesses Nearby
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Business Placement
Demographics for 40204, KY
14,600
Population
8,759
Households
1.7
Avg Household Size
38
Median Age
63%
College-Educated
97%
High-School Grad
3.2 sq mi
ZIP Area
4,563
Density / Sq Mi
$70,706
Median Household Income
$50,246
Median Earnings
$1,225
Median Rent
$314,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Two units have multi-level layouts, while the third is positioned for renovation.
Where is this triplex located?
The property is located at 1100 E Oak St Louisville, KY.
What is the asking price?
The asking price for this property is $430,000.
What are key features of this property?
This property features: Three‑unit residential property built in 1915; Two units occupied by long‑term tenants under month‑to‑month leases; Two units have lower‑level living rooms, first‑floor kitchens and dining areas, and second‑floor lofts
