Building Details

Tenancy Multi

Listing Agency: Pace Properties

Listed By: Rick Randall · License #MO 1999031941

Source: Crexi

Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 12:31PM

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Investment Insights

Based on property information with market context.

This residential income property features five rental units. The units are currently renting, providing an established income stream.

The property is located at 606 Main St in Louisville, Kentucky 41008.

With all units operating as rentals, the building offers a straightforward setup for an investor seeking a small multifamily asset.

Key Highlights

• Five rental units are currently leased
• Units are renting for $975 per week

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Tanning Salon Clothing & Fashion Store Pet Grooming Service Mobile Phone 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

5

Residential units

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

6,901

Businesses Nearby

Explore this area Business Placement

Demographics for 41008, KY

7,602

Population

3,104

Households

2.4

Avg Household Size

38

Median Age

7%

College-Educated

83%

High-School Grad

47.1 sq mi

ZIP Area

161

Density / Sq Mi

$60,000

Median Household Income

$38,162

Median Earnings

$848

Median Rent

$142,000

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Apartment building - Five rental units are currently leased and generating weekly income.

Where is this apartment building located?

The property is located at 606 Main St Louisville, KY.

What are key features of this property?

This property features: Five rental units are currently leased; Units are renting for $975 per week