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    4329 S 2Nd St Louisville, KY 40214

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    For Sale
    $615,000

    Two adjacent buildings with 10 units near downtown Louisville.

    Property size:
    4,600 SF

    Property Features for 4329 S 2Nd St

    General Information

    Size
    4,600 SF

    Building Details

    Year built
    1960

    Source: Jake Clark Agent Jake Clark

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Louisville Multifamily Investment Opportunity

    This Louisville property presents an opportunity with two adjacent buildings, each with five units, totaling ten units. Constructed in 1960, each building spans 2,300 square feet, resulting in a combined property size of 4,600 square feet. Zoned R6-RESIDEN, the low-rise/garden-style buildings offer a living environment. The property is located moments from downtown, a hub for businesses and professionals. Its location provides access to major highways and public transportation. Nearby attractions include Churchill Downs and the Kentucky Exposition Center. The area also features a restaurant and retail scene. The property has immediate income potential and room for growth.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Louisville
    County
    Jefferson
    State
    Kentucky
    Longitude
    -85.762863
    Latitude
    38.1919162

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    FAQs

    What type of property is this?
    Apartment building - Two adjacent buildings with 10 units near downtown Louisville.
    Where is this apartment building located?
    The property is located at 4329 S 2Nd St Louisville, KY.
    What is the asking price?
    The asking price for this property is $615,000.
    What are key features of this property?
    This property features: - Immediate income potential with 10 units and 90% occupancy.; - Value-add opportunity with below-market rents.; - Desirable low-rise/garden-style buildings.
    (615) 568-0167
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    4329 S 2Nd St Louisville, KY 40214
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4329 S 2Nd St Louisville, KY 40214
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