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Two 4-Plex Residential Income Assets
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4403 Kern Ct, Louisville, KY 40218

Offering includes two well-maintained 4-plexes with 2 bed/1 bath units and in-unit washer/dryer hook-ups.

Property Size6,240 SF
Days on Market124

Property Features for 4403 Kern Ct

General Information

Standard status Active
Size 6,240 SF
Property subtype Multifamily

Additional Details

Business Included Yes
Multifamily Units 8

Building Details

Tenancy Multi
Listing Agency: Summit Commercial Group
Listed By: Raphael Collazo · License #KY-291450
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 20 at 8:48PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Summit Commercial Group

Investment Insights

Based on property information with market context.

This offering consists of two well-maintained 4-plex properties on a cul-de-sac. Each building includes four units, and all apartments are configured as 2-bedroom, 1-bath layouts with approximately 780 square feet per unit. Units feature central air and heating, and each includes washer/dryer hook-ups.

The owner currently pays for water, though the property has a sub-metering system in place that was used in the past. A “water fee” has been implemented for all leases executed within the last six months, and the approach may be applied to future lease renewals.

The properties have a stable tenant base with several long-term residents. The seller notes that rents are currently below market and that rental demand in the area is strong. Contact the listing agent for a private showing; all offers will be reviewed Sunday, May 15 at 6:00 pm EST, and submissions must include a lender pre-approval letter.

Key Highlights

  • Offering includes two well‑maintained 4‑plexes on a cul‑de‑sac on Kern Ct.
  • All 8 units are 2‑bed, 1‑bath apartments, roughly 780 SF each.
  • Each unit has central air & heating plus washer/dryer hook‑ups.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Building Supply Parking Lot & Garage Law Firm Electrical Service (Bike/Boat/Book/etc) Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

209
Businesses Nearby

Demographics for 40218, KY

33,437
Population
14,697
Households
2.3
Avg Household Size
36
Median Age
29%
College-Educated
89%
High-School Grad
9.0 sq mi
ZIP Area
3,715
Density / Sq Mi
$56,191
Median Household Income
$35,784
Median Earnings
$1,059
Median Rent
$195,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Offering includes two well-maintained 4-plexes with 2 bed/1 bath units and in-unit washer/dryer hook-ups.
Where is this quadplex located?
The property is located at 4403 Kern Ct Louisville, KY.
What are key features of this property?
This property features: Offering includes two well‑maintained 4‑plexes on a cul‑de‑sac on Kern Ct.; All 8 units are 2‑bed, 1‑bath apartments, roughly 780 SF each.; Each unit has central air & heating plus washer/dryer hook‑ups.
(520) 456-4679 Call to check price and availability
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