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Three 6-Unit Apartment Buildings
For Sale
Contact for pricing
Pending

3213 Kemmons Dr, Louisville, KY 40218

Fully rented apartment portfolio with basement storage, shared laundry, and rear parking at each building.

Property SizeContact for details
Days on Market143

Property Features for 3213 Kemmons Dr

General Information

Standard status Pending
Property subtype Multifamily
Occupancy 100%

Additional Details

Highway Access Yes
Multifamily Units 18

Amenities

deck
patio
shared laundry
lockable storage closet

Building Details

Buildings 3
Listing Agency: United Real Estate Louisville
Listed By: Steve Moorhead · License #KY 205728
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 11:41PM

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 United Real Estate Louisville

Investment Insights

Based on property information with market context.

This multifamily offering includes three fully rented apartment buildings, with six units in each property. The unit mix comprises four two-bedroom, two-bath residences and two one-bedroom, one-bath residences per building. Larger apartments include dressing areas, walk-in closets, hallway baths, and direct access to decks, while the one-bedroom units provide generous living areas and two walkout doors to patios or sidewalks. Upper-level homes feature vaulted ceilings.

Each apartment has four closets and an individual lockable storage closet in the basement. Shared laundry facilities are also located below grade. Front windows across all three buildings were replaced in late 2019-early 2020. Parking is available on the street in front of two buildings, with additional rear parking at each property. The portfolio is located a few minutes from the Watterson, I-264.

Key Highlights

  • Three apartment buildings with six units in each property
  • Each building includes four 2/2 units and two 1/1 units
  • Four closets and one lockable basement storage closet in every unit

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Catering Service Travel Agency Barber Shop Florist Butcher

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

18
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

811
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Apartment building - Fully rented apartment portfolio with basement storage, shared laundry, and rear parking at each building.
Where is this apartment building located?
The property is located at 3213 Kemmons Dr Louisville, KY.
What are key features of this property?
This property features: Three apartment buildings with six units in each property; Each building includes four 2/2 units and two 1/1 units; Four closets and one lockable basement storage closet in every unit
More about this property
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