Multifamily Rental
For Sale
Contact for pricing
2728 ALGONQUIN PKWY, Louisville, KY 40208
Five fully occupied rental properties generating $5,650 monthly income, with major cap-ex items already completed.
Property SizeContact for details
Days on Market105
Property Features for 2728 ALGONQUIN PKWY
General Information
Standard status
Active
Property subtype
Multifamily
Occupancy
100%
Building Details
Year Built
1926
Listing Agency:
WSG Homes
Listed By:
Drew Wisdom · License #KY 221663
Source:
Crexi
Added: Apr 24
Changed: Jul 22
Last Checked: Aug 5 at 3:36PM
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 WSG Homes
Investment Insights
Based on property information with market context.
This offering is a five-property rental bundle currently fully occupied and producing $5,650 per month in current income. The properties are described as being in good condition, with several major cap-ex items already completed. The seller also notes room to add value through cosmetic updates.
The portfolio is located at 2728 Algonquin Pkwy in Louisville, KY.
As presented, the asset delivers immediate rental income and a practical path for incremental improvement through non-structural, cosmetic upgrades.
The portfolio is located at 2728 Algonquin Pkwy in Louisville, KY.
As presented, the asset delivers immediate rental income and a practical path for incremental improvement through non-structural, cosmetic upgrades.
Key Highlights
- 5‑property fully occupied rental bundle in Louisville’s West End
- Generates $5,650/month in current rental income
- Several major cap‑ex items already completed
Property Analytics
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
375
Businesses Nearby
Explore this area
Business Placement
Demographics for 40208, KY
17,048
Population
6,675
Households
2.6
Avg Household Size
27
Median Age
34%
College-Educated
88%
High-School Grad
2.6 sq mi
ZIP Area
6,557
Density / Sq Mi
$37,714
Median Household Income
$17,255
Median Earnings
$914
Median Rent
$153,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Five fully occupied rental properties generating $5,650 monthly income, with major cap-ex items already completed.
Where is this multifamily property located?
The property is located at 2728 ALGONQUIN PKWY Louisville, KY.
What is the asking price?
The asking price for this property is $555,000.
What are key features of this property?
This property features: 5‑property fully occupied rental bundle in Louisville’s West End; Generates $5,650/month in current rental income; Several major cap‑ex items already completed
