34-Unit Apartment
For Sale
Contact for pricing
3221 Orchard Manor Cir, Louisville, KY 40220
Two separately metered properties offer a diversified mix of apartment and townhouse layouts.
Property SizeContact for details
Days on Market131
Property Features for 3221 Orchard Manor Cir
General Information
Standard status
Active
Class
B
Property subtype
Multifamily
Occupancy
95%
Net Operating Income
$233,513
Building Details
Buildings
4
Units
34
Listing Agency:
Colliers
(502) 802-3516
Listed By:
Reed Weinberg · License #KY 60187
Source:
Crexi
Added: Apr 23
Changed: Aug 30
Last Checked: Aug 30 at 7:40PM
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 Colliers
Investment Insights
Based on property information with market context.
This 34-unit multifamily property comprises two separate properties on Orchard Manor Circle. The 3242 and 3245 Orchard Manor Circle buildings include Twelve 2br/2ba apartments and Twelve 1br/1ba apartments positioned at the end of the street in a cul-de-sac. The 3221-3235 Orchard Manor Circle property adds Ten two-story townhouse units with 2br/1.5ba layouts.
Each property is separately metered for LG&E, with tenants responsible for that utility cost. Tenants also pay a monthly flat-fee water charge in addition to rent. The property has professional management, new roofs on all buildings, repaved parking lots, and private patios installed at the townhomes in April 2026. The properties are near shopping and other amenities in Louisville's Hikes Point area.
Each property is separately metered for LG&E, with tenants responsible for that utility cost. Tenants also pay a monthly flat-fee water charge in addition to rent. The property has professional management, new roofs on all buildings, repaved parking lots, and private patios installed at the townhomes in April 2026. The properties are near shopping and other amenities in Louisville's Hikes Point area.
Key Highlights
- 34 units across two separate properties on Orchard Manor Circle
- Mix includes Twelve 2br/2ba units, Twelve 1br/1ba units, and Ten 2br/1.5ba townhomes
- Ten 2br/1.5ba townhouse units are two‑story
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
892
Businesses Nearby
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Business Placement
Demographics for 40220, KY
34,315
Population
16,019
Households
2.1
Avg Household Size
39
Median Age
44%
College-Educated
96%
High-School Grad
7.7 sq mi
ZIP Area
4,456
Density / Sq Mi
$73,502
Median Household Income
$47,283
Median Earnings
$1,187
Median Rent
$249,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Two separately metered properties offer a diversified mix of apartment and townhouse layouts.
Where is this apartment building located?
The property is located at 3221 Orchard Manor Cir Louisville, KY.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: 34 units across two separate properties on Orchard Manor Circle; Mix includes Twelve 2br/2ba units, Twelve 1br/1ba units, and Ten 2br/1.5ba townhomes; Ten 2br/1.5ba townhouse units are two‑story
