Remodeled 10-Unit Apartment
For Sale
Contact for pricing
Pending
3404 Shagbark Rd, Louisville, KY 40216
Stabilized 10-plex with all units updated and a coin laundry plus office space.
Property SizeContact for details
Days on Market136
Property Features for 3404 Shagbark Rd
General Information
Standard status
Pending
Property subtype
Multifamily
Additional Details
Multifamily Units
10
Building Details
Year Renovated
2016
Tenancy
Multi
Listing Agency:
EXP Commercial
(502) 345-3667
Listed By:
Katie Renfro · License #KY 271918
Source:
Crexi
Added: Apr 11
Changed: Aug 21
Last Checked: Aug 23 at 2:42PM
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 EXP Commercial
Investment Insights
Based on property information with market context.
This 10-unit apartment building is presented as a stabilized cash-flowing investment. All units include two bedrooms, with six units featuring one bathroom and four units featuring two bathrooms. The interior was completely gutted and remodeled in 2008, including drywall, electrical, plumbing, HVAC, flooring, fixtures, interior doors, cabinets, and replacement of all interior components.
Exterior improvements were completed in 2016, including gutters, roof, doors, windows, railing, parking lot resurfacing, soffit, vinyl siding, dumpster screen, and replacement of other exterior components. The property also includes coin laundry and an office with a half bath.
Management has indicated a willingness to stay in place with the next owner.
Exterior improvements were completed in 2016, including gutters, roof, doors, windows, railing, parking lot resurfacing, soffit, vinyl siding, dumpster screen, and replacement of other exterior components. The property also includes coin laundry and an office with a half bath.
Management has indicated a willingness to stay in place with the next owner.
Key Highlights
- 10‑plex stabilized investment with all units updated and no deferred maintenance
- All units feature 2 bedrooms: 6 units with 1 bathroom and 4 units with 2 bathrooms
- Interior completely gutted and remodeled in 2008, including drywall, electric, plumbing, HVAC, flooring, fixtures, doors, and cabinets
Property Analytics
Property Profile
Current Use
Lease Details
10
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
302
Businesses Nearby
Explore this area
Business Placement
Demographics for 40216, KY
43,434
Population
19,257
Households
2.3
Avg Household Size
40
Median Age
14%
College-Educated
87%
High-School Grad
15.7 sq mi
ZIP Area
2,766
Density / Sq Mi
$50,211
Median Household Income
$35,503
Median Earnings
$883
Median Rent
$154,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Stabilized 10-plex with all units updated and a coin laundry plus office space.
Where is this apartment building located?
The property is located at 3404 Shagbark Rd Louisville, KY.
What are key features of this property?
This property features: 10‑plex stabilized investment with all units updated and no deferred maintenance; All units feature 2 bedrooms: 6 units with 1 bathroom and 4 units with 2 bathrooms; Interior completely gutted and remodeled in 2008, including drywall, electric, plumbing, HVAC, flooring, fixtures, doors, and cabinets
