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    421 Poplar Level Ct Louisville, KY 40219

    For Sale
    $6,000,000

    66,772 SF building with diverse unit mix and high occupancy.

    Property size:
    66,772 SF

    Property Features for 421 Poplar Level Ct

    General Information

    Size
    66,772 SF

    Building Details

    Year built
    1968

    Source: Michael Hall Agent Michael Hall

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

    Overview

    Louisville Multifamily Investment Opportunity

    Located in Louisville, KY, at 421 Poplar Level Court, this property offers 66,772 square feet of space. Constructed in 1968, the building includes 11 three-bedroom units, 56 two-bedroom units, and 13 one-bedroom units. The property maintains solid occupancy with few delinquencies and features a newer roof. Zoned C1, R7, it is located south of the Watterson Expressway (264), just off Poplar Level Road, providing easy access to major roads and proximity to the Louisville International Airport. The Kentucky Exposition Center and the Bourbon Trail, with its restaurants and shops, are also nearby. This location is suitable for office or office building investors.
    Location Intelligence

    Current Use by Public Records

    Chateau Village Apartments Apartment Building

    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
    -85.6779854
    Latitude
    38.1649034

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    FAQs

    What type of property is this?
    Apartment building - 66,772 SF building with diverse unit mix and high occupancy.
    Where is this apartment building located?
    The property is located at 421 Poplar Level Ct Louisville, KY.
    What is the asking price?
    The asking price for this property is $6,000,000.
    What are key features of this property?
    This property features: - High Occupancy Rate: 98.8% occupancy indicates strong tenant demand.; - Versatile Unit Mix: Offers a diverse range of unit sizes.; - Newer Roof: Reduces immediate capital expenditure.
    (502) 295-4059
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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
    421 Poplar Level Ct Louisville, KY 40219
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