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Louisville 11-Plex Apartment Building
For Sale
$1,200,000

2515 Brownsboro Rd, Louisville, KY 40206

MULTI_FAMILY - Louisville, KY

Property Size16,956 SF
Price / SF$70.77
Days on Market94

Property Features for 2515 Brownsboro Rd

General Information

Property type Residential Multi Family
Property subtype Apartment
Rooms Basement
Directions I-71, From Zorn Avenue, turn right onto Brownsboro road, Near Hikes Ln Intersection
Subdivision 03-Clifton/Crescent Hill/St Matthews
Standard status Active
APN 05088C01190000
Size 16,956 SF

Utilities

Sewer type Public Sewer
Cooling system Heat Pump
Water source Public

Building Details

Year built 1965
Number of units 11
Building materials Brick
Roof type Shingle
Listing Agency: United Real Estate Louisville
Listed By: Vijay Addala · License #265343
Added: Apr 29 Changed: Jun 16 Last Checked: Jul 31 at 6:06AM
MLS# 1715923

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.

Investment Insights

Based on property information with market context.

This three-story brick apartment building is located at the corner of Hite Avenue and Brownsboro Road. The 11-plex is metered for gas and electric. All units feature central HVAC and individual water heaters. The building comprises three 2-bedroom units and nine 1-bedroom units. A coin laundry facility is available in the basement.

Key Highlights

  • Eleven‑unit apartment building (11‑plex) provides substantial rental income potential.
  • Mix of unit types: three 2‑bedroom units and nine 1‑bedroom units, appealing to a broader tenant base.
  • Durable brick construction.

Property Analytics

Current Use

Word In Action Ministries Church

Suggested Use

Top Pick Parking Lot & Garage Daycare Center Law Firm Dental Office Kitchen & Bath Showroom Computer & Electronic Repair

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

11
Residential units

Location Intelligence

Trade Area within ½ mile

777
Businesses Nearby

Demographics for 40206, KY

20,196
Population
11,637
Households
1.7
Avg Household Size
38
Median Age
55%
College-Educated
95%
High-School Grad
5.8 sq mi
ZIP Area
3,482
Density / Sq Mi
$72,543
Median Household Income
$48,506
Median Earnings
$1,142
Median Rent
$276,100
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?
Apartment building - Three-story brick 11-unit apartment building at Hite and Brownsboro.
Where is this apartment building located?
The property is located at 2515 Brownsboro Rd Louisville, KY.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Eleven‑unit apartment building (11‑plex) provides substantial rental income potential.; Mix of unit types: three 2‑bedroom units and nine 1‑bedroom units, appealing to a broader tenant base.; Durable brick construction.
More about this property
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