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Renovated 24-Unit Apartment Building
For Sale
Contact for pricing

2018-2020 Peabody Lane, Louisville, KY 40218

Nearly completely renovated 24-unit multifamily property offered for sale in a central Louisville location.

Property SizeContact for details
Days on Market124

Property Features for 2018-2020 Peabody Lane

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 24

Building Details

Tenancy Multi
Listing Agency: The Chesser Companies
Listed By: Tyler Chesser, CCIM · License #IN RB16000615
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 4:21AM

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 The Chesser Companies

Investment Insights

Based on property information with market context.

The Chesser Companies presents a nearly completely renovated 24-unit multifamily investment opportunity. The property is an apartment building configured as residential income units and offered for sale as a turnkey portfolio-style acquisition.

Located at 2018-2020 Peabody Lane in Louisville, KY, the building is described as centrally located within a highly demanded submarket. The offering highlights stable cash flow potential along with additional revenue upside.

As presented, this is a 24-unit residential income property with renovation work largely completed, providing an investor-ready option for buyers seeking multifamily cash flow.

Key Highlights

  • Nearly completely renovated 24‑unit multifamily property for sale
  • Offered as an investment opportunity with central Louisville address
  • Located at 2018‑2020 Peabody Lane in Louisville, KY

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Florist Butcher Travel Agency Tattoo & Piercing Shop Catering 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

24
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,112
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
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Frequently Asked Questions

What type of property is this?
Multifamily property - Nearly completely renovated 24-unit multifamily property offered for sale in a central Louisville location.
Where is this multifamily property located?
The property is located at 2018-2020 Peabody Lane Louisville, KY.
What are key features of this property?
This property features: Nearly completely renovated 24‑unit multifamily property for sale; Offered as an investment opportunity with central Louisville address; Located at 2018‑2020 Peabody Lane in Louisville, KY
More about this property
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