1700 ROSEWOOD AVE, Louisville, KY 40204
Four-unit residential income property with separate electric meters for each tenant.
- Added:
- Jun 1, 2026
- Days on Market:
- 12
- Last Refresh:
- Jun 6 at 5:55 am
Property Features for 1700 ROSEWOOD AVE
General Information
- Standard status
- Active
- Size
- 2,993 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1900
Listing agent William Friel License #KY 57228
Listing office Weichert Commercial Brokerage Inc Louisville (502) 609-4778
Listing date Jun 1, 2026
Source Crexi
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 Weichert Commercial Brokerage Inc Louisville
HighLights
- Four‑unit residential income property (4‑plex) built in 1900
- Separate electric meters for every tenant
- Single common gas meter for the property
- Utilities are set up for efficient ownership and tenant billing
Overview
Located in the heart of Louisville’s Highlands neighborhood, the property is described as minutes to the Bardstown Road corridor, known for dining, retail, and local nightlife. The central location is positioned to serve tenants who want convenient access to the area’s established commercial activity.
For investors, this asset combines multi-unit flexibility with an efficient utility arrangement that can help streamline tenant billing through dedicated electric meters. For owner-occupants, the layout supports living on-site while collecting rental income from the other units. The property is presented as having a solid rental history, with value focused on optimizing rents through ownership. Prospective buyers and brokers should review the current unit mix and lease terms to confirm income and operating details.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $38.1k | $12.72 |
| − Vacancy | −$2.1k | −$0.70 |
| EGI | $36.0k | $12.02 |
| − OpEx | −$10.8k | −$3.61 |
| NOI | $25.2k | $8.41 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Louisville
- County
- Jefferson
- State
- Kentucky
- Longitude
- -85.7167817
- Latitude
- 38.2337882
