2315 Portland Ave, Louisville, KY 40212
- Added:
- May 5, 2026
- Days on Market:
- 52
- Last Refresh:
- Jun 24 at 11:06 pm
Property Features for 2315 Portland Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 4
- Rooms
- Bedroom 5, Bedroom 3, Bedroom 4, Basement, Bedroom 2, Bedroom 1, Bathroom 3, Bathroom 1, Bathroom 4, Bathroom 2
- Patio and Porch features
- Patio, Porch
- Standard status
- Active
- APN
- 005G00080000
- Size
- 3,338 SF
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Electric (Heating)
- Cooling system
- Wall/Window Unit(s), 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
- Asphalt, Shingle
- 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
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.
HighLights
- Four‑unit investment sold as two parcels: three units on Portland Ave and a 2‑bedroom single‑family home on Tyler Ave
- Portland Ave updates include new roofing, siding/trim, windows, exterior painting, gutter/exterior lighting, concrete repairs, landscaping, and new PEX plumbing/drain lines
- Tyler Ave home was remodeled in 2024 with new roof and gutters, siding and window replacements, exterior paint, new flooring, updated bathroom, and replaced PEX plumbing
- Rental performance: combined properties report $39,220 12‑month NOI with a 12.8% cap rate (self‑managed)
- Heating and cooling include natural gas and electric heating, plus window/wall A/C units; laundry connections in units
- Both parcels connect to public water and public sewer; shared water meter requires sale of the two parcels together
Overview
Renovations include new roofing, siding and trim, all-new windows, exterior painting, new gutters and exterior lighting, and concrete repairs and landscaping at Portland. Plumbing improvements include new PEX plumbing and new drain lines, along with a 2024 water heater replacement. At Tyler, the 2024 updates include a roof replacement and gutters, full siding and window replacements, exterior paint, landscaping, new flooring, an updated bathroom, new lighting, and fully replaced PEX plumbing with updated electrical outlets and switches throughout.
From an occupancy and operations standpoint, Unit 2 on Portland has long-term tenants of over two years who plan to stay, and Unit 1 was newly leased in October 2025. The Tyler Avenue tenant has paid consistently on time and plans to renew. The two parcels must be sold together due to a shared water meter, helping support streamlined management for an investor seeking a more turnkey ownership experience.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Louisville
- County
- Jefferson
- State
- Kentucky
- Longitude
- -85.786353
- Latitude
- 38.270057
