Four-Unit Residential Income
For Sale
Contact for pricing
Pending
4007 Southern Pkwy, Louisville, KY 40214
Four-unit apartment building offers separate utility responsibilities and private parking for up to six cars.
Property SizeContact for details
Days on Market121
Property Features for 4007 Southern Pkwy
General Information
Standard status
Pending
Total Parking Spaces
8
Property subtype
Multifamily
Occupancy
50%
Additional Details
Highway Access
Yes
Multifamily Units
4
Building Details
Tenancy
Multi
Listing Agency:
True Blood Realty
(502) 384-4991
Listed By:
John Rendeiro · License #KY 266380
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Aug 8 at 11:07AM
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 True Blood Realty
Investment Insights
Based on property information with market context.
This four-unit residential income building includes four apartments, with two currently vacant and two having month-to-month leases. The owner pays house utilities and water, while tenants pay individual electric and gas (L&G&E). The property offers private parking for up to six cars and includes a two-car detached garage, and it is described as very clean and well maintained. Hardwood floors run throughout the building.
The property is located close to Churchill Downs and downtown, with easy access to I-264.
Current unit mix includes Apt 1 (three-bedroom, vacant), Apt 2 (studio, $325 month-to-month lease), Apt 3 (one-bedroom, $450 month-to-month lease), and Apt 4 (one-bedroom, vacant).
The property is located close to Churchill Downs and downtown, with easy access to I-264.
Current unit mix includes Apt 1 (three-bedroom, vacant), Apt 2 (studio, $325 month-to-month lease), Apt 3 (one-bedroom, $450 month-to-month lease), and Apt 4 (one-bedroom, vacant).
Key Highlights
- 4‑unit apartment building with a mix of unit types: Apt 1 (3BR, vacant), Apt 2 (studio, $325 MTM), Apt 3 (1BR, $450 MTM), Apt 4 (1BR, vacant).
- Owner pays house utilities and water; tenants pay individual Lg&e.
- Private parking for up to 6 cars, plus a 2‑car detached garage.
Property Analytics
Current Use
Lease Details
4
Residential units
50%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
377
Businesses Nearby
Explore this area
Business Placement
Demographics for 40214, KY
46,220
Population
20,459
Households
2.3
Avg Household Size
37
Median Age
23%
College-Educated
85%
High-School Grad
15.0 sq mi
ZIP Area
3,081
Density / Sq Mi
$53,563
Median Household Income
$37,121
Median Earnings
$950
Median Rent
$176,700
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?
Quadplex - Four-unit apartment building offers separate utility responsibilities and private parking for up to six cars.
Where is this quadplex located?
The property is located at 4007 Southern Pkwy Louisville, KY.
What are key features of this property?
This property features: 4‑unit apartment building with a mix of unit types: Apt 1 (3BR, vacant), Apt 2 (studio, $325 MTM), Apt 3 (1BR, $450 MTM), Apt 4 (1BR, vacant).; Owner pays house utilities and water; tenants pay individual Lg&e.; Private parking for up to 6 cars, plus a 2‑car detached garage.
