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Updated Brick Quadplex
For Sale
Contact for pricing
Pending

1431 Nightingale Rd, Louisville, KY 40213

Fully occupied four-unit property with two-bedroom residences, basement storage, and coin laundry.

Property SizeContact for details
Days on Market144

Property Features for 1431 Nightingale Rd

General Information

Standard status Pending
Property subtype Multifamily
Occupancy 100%

Site & Location

Public Transit Yes
Utilities to Site Yes

Additional Details

Gross Income $31,800

Amenities

coin laundry
off-street parking
basement storage

Building Details

Buildings 2
Construction brick
Listing Agency: Re/Max 100
Listed By: Julie Bex · License #KY 72564
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 6:39PM

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 Re/Max 100

Investment Insights

Based on property information with market context.

This brick quadplex is fully occupied and configured with four two-bedroom, one-bath residences. Each unit includes a large living room and dining area. Interior improvements completed within the last five years include appliances, salvaged hardwood and/or 30-year vinyl plank flooring, paint, and replacement windows. Central heat and air units were installed in 2015, and the roof was replaced that year with six-inch gutters and gutter guards.

Accessible basements provide individual tenant storage units and coin-operated laundry. Utilities are separately metered, with tenants paying their own LG&E service while the owner pays water. Off-street parking is positioned in front of the building, with a shared walkway connecting the two facing buildings. The property is near Poplar Level Road, bus lines, grocery stores, shopping, dining, and parks.

Key Highlights

  • Fully occupied quadplex with four 2BR/1BA units
  • Interior updates completed within the last five years
  • Replacement windows and central heat and air installed in 2015

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Nail Salon Electrical Service Accounting Firm Building Supply

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

100%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

980
Businesses Nearby

Demographics for 40213, KY

16,698
Population
7,730
Households
2.2
Avg Household Size
38
Median Age
25%
College-Educated
90%
High-School Grad
9.6 sq mi
ZIP Area
1,739
Density / Sq Mi
$60,734
Median Household Income
$38,595
Median Earnings
$952
Median Rent
$169,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Fully occupied four-unit property with two-bedroom residences, basement storage, and coin laundry.
Where is this quadplex located?
The property is located at 1431 Nightingale Rd Louisville, KY.
What are key features of this property?
This property features: Fully occupied quadplex with four 2BR/1BA units; Interior updates completed within the last five years; Replacement windows and central heat and air installed in 2015
(502) 802-5132 Call to check price and availability
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