Updated 7-Unit Townhome
For Sale
Contact for pricing
501 N 31st St, Louisville, KY 40212
Seven updated townhome units offer 2-bed, 1-bath layouts with washer-dryer hookups and individually metered utilities.
Property SizeContact for details
Days on Market139
Property Features for 501 N 31st St
General Information
Standard status
Active
Property subtype
Multifamily
Occupancy
86%
Additional Details
Business Included
Yes
Multifamily Units
7
Building Details
Tenancy
Multi
Listing Agency:
eXp Realty
(888) 624-6448
Listed By:
Jonathan Klunk · License #KY251476
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 21 at 4:17AM
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 Realty
Investment Insights
Based on property information with market context.
This 7-unit multifamily property features townhouse-style units, each with a 2-bedroom, 1-bath layout and washer-dryer hookups. Utilities are individually metered for gas, electricity, and water, with the owner paying $90 for water monthly for a single tenant. The property is described as updated and ready to operate.
The building is located in West Louisville at 501 N 31st St, Louisville, KY 40212. All units are occupied except one. Current rental income is listed at $6,340 per month, with a tenant mix of self-pay and Section 8, including three units under Section 8.
Showings are allowed with an accepted offer.
The building is located in West Louisville at 501 N 31st St, Louisville, KY 40212. All units are occupied except one. Current rental income is listed at $6,340 per month, with a tenant mix of self-pay and Section 8, including three units under Section 8.
Showings are allowed with an accepted offer.
Key Highlights
- 7 updated townhome units in West Louisville, each with a 2‑bed, 1‑bath layout
- Washer‑dryer hookups in each unit
- Individually metered gas, electricity, and water for each unit
Property Analytics
Property Profile
Current Use
Lease Details
7
Residential units
85.7%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
268
Businesses Nearby
Explore this area
Business Placement
Demographics for 40212, KY
16,360
Population
8,061
Households
2
Avg Household Size
38
Median Age
13%
College-Educated
81%
High-School Grad
3.8 sq mi
ZIP Area
4,305
Density / Sq Mi
$35,389
Median Household Income
$28,506
Median Earnings
$917
Median Rent
$78,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Seven updated townhome units offer 2-bed, 1-bath layouts with washer-dryer hookups and individually metered utilities.
Where is this apartment building located?
The property is located at 501 N 31st St Louisville, KY.
What are key features of this property?
This property features: 7 updated townhome units in West Louisville, each with a 2‑bed, 1‑bath layout; Washer‑dryer hookups in each unit; Individually metered gas, electricity, and water for each unit
