Four-Unit Investment
2315 Portland Ave, Louisville, KY 40212
New
- Added:
- May 5, 2026
- Days on Market:
- 5
- Last Refresh:
- May 9 at 8:06 am
Property Features for 2315 Portland Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 4
- Rooms
- Bathroom 2, Bedroom 1, Bathroom 4, Bathroom 1, Bedroom 4, Bathroom 3, Bedroom 2, Basement, Bedroom 3, Bedroom 5
- Patio and Porch features
- Porch, Patio
- Standard status
- Active
- APN
- 005G00080000
- Size
- 3,338 SF
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Electric (Heating)
- Cooling system
- Window Unit(s), Wall/Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1900
- Number of units
- 4
- Building materials
- Vinyl Siding, Wood Frame, Aluminum Siding
- Roof type
- Shingle, Asphalt
- Architectural style
- Other
Listing agent Jonathan D Klunk (888) 624-6448
Listing office EXP Realty LLC 2303 Hurstbourne Vlg Dr. #300, Prospect, KY (888) 624-6448
Listing date May 5, 2026
MLS# 1716415
Listing URL
Copyright © 2026 Greater Louisville Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Overview
This rare four-unit investment opportunity consists of two separate parcels sold together. The properties feature three large units on Portland Avenue and a spacious two-bedroom single-family home with private access and a garage on Tyler Avenue. The combined properties generate a 12-month NOI of $39,220 under self-management. The properties have undergone extensive renovations inside and out. The Portland Avenue building includes three fully updated units, each with laundry connections and individual floor heaters in every room. Unit 2 has long-term tenants, and Unit 1 was newly leased in October 2025. Updates to Portland include new roofing, siding and trim, all-new windows, exterior painting, gutter, exterior lighting, concrete repairs, landscaping, new PEX plumbing, new drain lines, and a 2024 water heater replacement. The Tyler Avenue home was completely remodeled in 2024 and features laundry connections, a gas wall heater with a built-in blower fan, a brand new roof replacement in 2024 and gutters, full siding and window replacements, exterior paint, landscaping, new flooring, updated bathroom, new lighting, and fully replaced PEX plumbing with updated electrical outlets and switches throughout. Both properties use window air conditioning units and have been outfitted with two new water heaters and new heating systems. The Tyler Avenue tenant has paid consistently on time and plans to renew. These two parcels must be sold together due to a shared water meter, offering a turnkey, low-maintenance investment with a solid rental history and strong cash flow. The property size is 3338 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Louisville
- County
- Jefferson
- State
- Kentucky
- Longitude
- -85.786353
- Latitude
- 38.270057
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Rare investment opportunity with strong cash flow and recent renovations.
Where is this quadplex located?
The property is located at 2315 Portland Ave Louisville, KY.
What is the asking price?
The asking price for this property is $294,900.
