Five-Unit Apartment
For Sale
$369,000
Pending
2851 Hikes Ln, Louisville, KY 40218
Multi Family, Louisville, KY
Property Size6,381 SF
Days on Market46
Property Features for 2851 Hikes Ln
General Information
Property type
Residential Multi Family
Property subtype
Apartment
Bedrooms
8
Bathrooms
6
Full bathrooms
6
Rooms
Bedroom 4, Bedroom 7, Bedroom 3, Bathroom 1, Bathroom 5, Bathroom 6, Bathroom 3, Bedroom 1, Basement, Bedroom 2, Bedroom 8, Bedroom 5, Bathroom 2, Bedroom 6, Bathroom 4
Patio and Porch features
Porch, Deck
Exterior features
Balcony
Subdivision
HIKES POINT
Lot features
Easement, Flood Insurance Req, Sidewalk
Directions
Hikes Ln. between Stanton Blvd. and Greenwich Rd.
Standard status
Pending
APN
14082G00130000
Size
6,381 SF
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Wall/Window Unit(s), Window Unit(s)
Water source
Public
Water front features
Creek
Water front
1
Amenities
ensuite laundry
off-street parking
Building Details
Year built
1963
Number of units
5
Building materials
Wood Frame, Brick Veneer
Roof type
Asphalt
Architectural style
Contemporary
Listing Agency:
Kentucky Select Properties
(502) 271-5000
Listed By:
Clayton Gentile
(502) 386-6660
Added: Sep 3
Changed: Oct 17
Last Checked: Oct 18 at 7:06AM
MLS# 1728247
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.
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Investment Insights
Based on property information with market context.
This 6,381-square-foot apartment property, built in 1963, contains five units with varied layouts: a three-bedroom, two-bath residence; a two-bedroom, one-bath unit; a studio with loft sleeping space; and two one-bedroom units, each with a loft area. Four units have ensuite laundry. Heating and cooling are separately metered for every unit, and each has its own service equipment.
The property is at 2851 Hikes Ln in Louisville. Tenant parking is available off street on a first-come basis. Exterior features include a balcony, porch, and deck; the property also borders a creek. Public water and sewer serve the building.
The property is at 2851 Hikes Ln in Louisville. Tenant parking is available off street on a first-come basis. Exterior features include a balcony, porch, and deck; the property also borders a creek. Public water and sewer serve the building.
Key Highlights
- Five apartments in a 6,381‑square‑foot building constructed in 1963
- Unit mix includes a 3‑bedroom/2‑bath unit, a 2‑bedroom/1‑bath unit, a studio, and two 1‑bedroom units
- Separate heating and cooling metering and equipment in all five units
Property Analytics
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Current Use
Lease Details
5
Residential units
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
241
Businesses Nearby
Explore this area
Business Placement
Demographics for 40218, KY
33,437
Population
14,697
Households
2.3
Avg Household Size
36
Median Age
29%
College-Educated
89%
High-School Grad
9.0 sq mi
ZIP Area
3,715
Density / Sq Mi
$56,191
Median Household Income
$35,784
Median Earnings
$1,059
Median Rent
$195,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Five distinct unit layouts include studios, one- and two-bedroom apartments, and a three-bedroom residence.
Where is this apartment building located?
The property is located at 2851 Hikes Ln Louisville, KY.
What is the asking price?
The asking price for this property is $369,000.
What are key features of this property?
This property features: Five apartments in a 6,381‑square‑foot building constructed in 1963; Unit mix includes a 3‑bedroom/2‑bath unit, a 2‑bedroom/1‑bath unit, a studio, and two 1‑bedroom units; Separate heating and cooling metering and equipment in all five units
