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12-Unit Apartment Building
For Sale
$995,000

1908 Crums Ln, Louisville, KY 40216

Each residence has two bedrooms, an individual PTAC system, and separate gas and electric meters.

Property Size11,400 SF
Price / SF$87.28
Days on Market24

Property Features for 1908 Crums Ln

General Information

Standard status Active
Size 11,400 SF
Property subtype Triplex
Occupancy 100%

Site & Location

Highway Access Yes
Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 12 x 2BR/1BA (approx 950 sf)
Multifamily Units 12
Individually Metered Utilities gas, electricity

Additional Details

Tenant in Place Yes

Amenities

dine-in kitchens
PTAC units
off-street parking

Building Details

Building Size 11,400 SF
Year Built 1964
Buildings 1
Listing Agency: Coldwell Banker McMahan
Listed By: Cathy Miller
Source: Zhomesre
Added: Oct 14 Changed: Nov 2 Last Checked: Nov 5 at 10:30AM

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 Coldwell Banker McMahan

Rey
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Investment Insights

Based on property information with market context.

This 12-unit apartment property was built in 1964 and is fully occupied. Each apartment offers approximately 950 square feet, with two bedrooms, a full bathroom, and a kitchen arranged for dining. Living areas receive natural light, and each unit has its own PTAC system.

Gas and electric service are separately metered for each apartment. Off-street parking is provided for the building. The property is in Louisville, with access to public transportation, schools, shopping, and major highways.

Key Highlights

  • 12 apartments, each with approximately 950 square feet
  • Two bedrooms and one full bathroom in each unit
  • Separate gas and electric meters for each apartment

Property Analytics

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Lease Details

12
Residential units
100%
Occupancy
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

582
Businesses Nearby

Demographics for 40216, KY

43,434
Population
19,257
Households
2.3
Avg Household Size
40
Median Age
14%
College-Educated
87%
High-School Grad
15.7 sq mi
ZIP Area
2,766
Density / Sq Mi
$50,211
Median Household Income
$35,503
Median Earnings
$883
Median Rent
$154,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Apartment buildings in Louisville, KY

$120 Jul
$118 Aug
$118 Sep
$114 Oct

Properties on Market for Apartment buildings in Louisville

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Each residence has two bedrooms, an individual PTAC system, and separate gas and electric meters.
Where is this apartment building located?
The property is located at 1908 Crums Ln Louisville, KY.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 12 apartments, each with approximately 950 square feet; Two bedrooms and one full bathroom in each unit; Separate gas and electric meters for each apartment
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