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Six-Unit Multifamily Building
New
For Sale
$850,000

2613 W Main Street, Louisville, KY 40212

COMMERCIAL - Louisville, KY

Property Size4,905 SF
Lot Size0.27 Acres
Price / SF$173.29
Days on Market3

Property Features for 2613 W Main Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description R-6
Rooms Basement
Parking 12
Basement Full, Sump Pump
Directions Google the address 2613 W. Main St. Louisville KY 40212
Subdivision 052 - Jefferson County
Standard status Active
APN 02003J01210000
Size 4,905 SF
Lot size 0.27 Acres

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Natural Gas, Forced Air, Ductless (Heating), Electric (Heating)
Cooling system Central Air, Ceiling Fan(s), Multi Units, Electric, Ductless

Building Details

Year built 1900
Building materials Brick, Vinyl Siding
Roof type Shingle
Listing Agency: Trueblood Real Estate KY LLC
Listed By: Greg Taylor · License #EB00055642
Added: Jul 28 Changed: Jul 30 Last Checked: Jul 30 at 11:06PM
MLS# 26020190

Copyright © 2026 ImagineMLS. 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.

Six occupied units deliver a stabilized rental setup at 2613 W Main Street in Louisville, Kentucky 40212. The property is configured as a six-unit investment building and is positioned for investors seeking an income-producing asset with in-place occupancy.

The building features brick and vinyl siding construction with a shingle roof. Heating includes natural gas forced air plus ductless and electric options, and cooling includes central air, ceiling fans, and ductless systems. The property includes a basement and is served by public sewer, with cable available.

The site size is 0.268 acres, and the property totals 4,905 square feet. Built in 1900, it offers a compact multifamily footprint with a straightforward unit count for portfolio expansion or first-time multifamily investors.

Key Highlights

  • Six occupied units for in‑place rental occupancy
  • 0.268‑acre site with 4,905 SF total building area
  • Brick and vinyl siding construction with shingle roof

Financial Insights For Apartment 5plus

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 $64.2k $13.08
− Vacancy −$3.5k −$0.71
EGI $60.7k $12.37
− OpEx −$27.3k −$5.57
NOI $33.4k $6.81
4,905 SF · lease $13.08/SF/yr · vacancy 5.40% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$476.9K
$417.3K – $556.4K (±1% cap)
NOI $33,381 @ 7.0% cap · market cap 3.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M (±1% cap)
NOI $88,996 @ 7.0% cap · market cap 10.47%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic HVAC Service Electrical Service Parking Lot & Garage

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

6
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

502
Businesses Nearby

Demographics for 40212, KY

16,360
Population
8,061
Households
2
Avg Household Size
38
Median Age
13%
College-Educated
81%
High-School Grad
3.8 sq mi
ZIP Area
4,305
Density / Sq Mi
$35,389
Median Household Income
$28,506
Median Earnings
$917
Median Rent
$78,100
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Six occupied units in a brick and vinyl siding multifamily property with public sewer and cable available.
Where is this apartment building located?
The property is located at 2613 W Main Street Louisville, KY.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Six occupied units for in‑place rental occupancy; 0.268‑acre site with 4,905 SF total building area; Brick and vinyl siding construction with shingle roof
More about this property
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