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Updated Workforce Apartment Portfolio
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3008 Mid Dale Ln, Louisville, KY 40220

Forty-two-unit East Louisville residential portfolio with 2 bed/1 bath layouts and recently updated common areas.

Property SizeContact for details
Days on Market121

Property Features for 3008 Mid Dale Ln

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 42
Listing Agency: Colliers
Listed By: Taylor Thompson · License #276443
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 20 at 10:18PM

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 Colliers

Investment Insights

Based on property information with market context.

This for-sale multifamily portfolio consists of 42 apartment units featuring 2 bedroom and 1 bathroom layouts. Ownership has recently updated common areas across the buildings, and many individual units have been renovated.

The property is located in the Hikes Point submarket of East Louisville, Kentucky, an established area described as mature and stable. The remarks also note proximity to Louisville’s suburban medical district.

Additional value may be pursued through further unit renovations as apartments become available, with the current ownership indicating rent growth on renovated units compared to non-renovated units.

Key Highlights

  • 42‑unit East Louisville, KY residential portfolio in the Hikes Point submarket
  • All units feature 2 bed / 1 bath layouts
  • Recent updates to all building common areas

Property Analytics

Current Use

FREQUENCIES & VIBEZ LLC (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Building Supply HVAC Service Parking Lot & Garage Skin Care Clinic Grocery & Convenience Store

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

42
Residential units

Location Intelligence

Trade Area within ½ mile

457
Businesses Nearby

Demographics for 40220, KY

34,315
Population
16,019
Households
2.1
Avg Household Size
39
Median Age
44%
College-Educated
96%
High-School Grad
7.7 sq mi
ZIP Area
4,456
Density / Sq Mi
$73,502
Median Household Income
$47,283
Median Earnings
$1,187
Median Rent
$249,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Apartment building - Forty-two-unit East Louisville residential portfolio with 2 bed/1 bath layouts and recently updated common areas.
Where is this apartment building located?
The property is located at 3008 Mid Dale Ln Louisville, KY.
What are key features of this property?
This property features: 42‑unit East Louisville, KY residential portfolio in the Hikes Point submarket; All units feature 2 bed / 1 bath layouts; Recent updates to all building common areas
(502) 802-3516 Call to check price and availability
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