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4-Unit Brick Quadplex
For Sale
$299,000

3216 Fordhaven Rd, Louisville, KY 40214

All four apartments are occupied, providing an existing tenant base across the property.

Property Size3,430 SF
Price / SF$87.17
Days on Market8

Property Features for 3216 Fordhaven Rd

General Information

Standard status Active
Size 3,430 SF
Property subtype Residential Income
Occupancy 100%

Financials

Asking Price $299,000
Gross Income $40,740

Additional Details

Multifamily Units 4

Building Details

Buildings 1
Construction brick
Listing Agency: Real Broker, LLC
Listed By: Denise Wisdom
Source: Exprealty
Added: Oct 8 Changed: Oct 12 Last Checked: Oct 15 at 3:21AM

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 Real Broker, LLC

Investment Insights

Based on property information with market context.

This brick residential income property contains four apartments within 3,430 square feet. All four units are occupied, according to the latest rent roll.

The property is located at 3216 Fordhaven Road in Louisville, Kentucky.

Key Highlights

  • Four‑unit residential income property
  • All four units occupied per the latest rent roll
  • 3,430 square feet of building area

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Dental Office Restaurant Spa & Massage Center Hair Salon Skin Care Clinic

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

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

123
Businesses Nearby

Demographics for 40214, KY

46,220
Population
20,459
Households
2.3
Avg Household Size
37
Median Age
23%
College-Educated
85%
High-School Grad
15.0 sq mi
ZIP Area
3,081
Density / Sq Mi
$53,563
Median Household Income
$37,121
Median Earnings
$950
Median Rent
$176,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Quadplex - All four apartments are occupied, providing an existing tenant base across the property.
Where is this quadplex located?
The property is located at 3216 Fordhaven Rd Louisville, KY.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Four‑unit residential income property; All four units occupied per the latest rent roll; 3,430 square feet of building area
More about this property
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