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Four-Unit Residential Income Property
For Sale
Contact for pricing
Pending

315 W Lee St, Louisville, KY 40208

Residential income property with four fully leased units and numerous updates, offered for sale with 48-hour notice for showings.

Property SizeContact for details
Days on Market118

Property Features for 315 W Lee St

General Information

Standard status Pending
Property subtype Multifamily
Occupancy 100%

Additional Details

Multifamily Units 4

Building Details

Tenancy Multi
Listing Agency: Berkshire Hathaway HomeServices Parks & Weisberg, Realtors Louisville
Listed By: Michael Kearns, CCIM · License #KY 78847
Source: Crexi
Added: Apr 11 Changed: Jul 23 Last Checked: Aug 6 at 6:47AM

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 Berkshire Hathaway HomeServices Parks & Weisberg, Realtors Louisville

Investment Insights

Based on property information with market context.

This residential income property is configured as a four-unit building with all four units currently leased. The property has numerous updates and is presented as being in excellent condition, offering an investor-focused setup with existing tenant occupancy.

The address is 315 W Lee St in Louisville, KY 40208. The public remarks note easy access to public transportation and proximity to restaurants, shops, and entertainment.

Showings require 48-hour notice. Interested buyers and buyer’s agents are responsible for verifying all information contained in the listing.

Key Highlights

  • Multi‑family property at 315 W Lee St with four fully leased units
  • Residential income property offered for sale with 48‑hour notice to show
  • Numerous updates reported, with units described as updated and ready for new tenants

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Dental Office (Bike/Boat/Book/etc) Store Locksmith Nail Salon Skin Care Clinic

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

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

904
Businesses Nearby

Demographics for 40208, KY

17,048
Population
6,675
Households
2.6
Avg Household Size
27
Median Age
34%
College-Educated
88%
High-School Grad
2.6 sq mi
ZIP Area
6,557
Density / Sq Mi
$37,714
Median Household Income
$17,255
Median Earnings
$914
Median Rent
$153,100
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?
Quadplex - Residential income property with four fully leased units and numerous updates, offered for sale with 48-hour notice for showings.
Where is this quadplex located?
The property is located at 315 W Lee St Louisville, KY.
What are key features of this property?
This property features: Multi‑family property at 315 W Lee St with four fully leased units; Residential income property offered for sale with 48‑hour notice to show; Numerous updates reported, with units described as updated and ready for new tenants
(502) 802-6044 Call to check price and availability
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