Residential Income
For Sale
$290,000
3254 Taylor Blvd, Louisville, KY 40215
MULTI_FAMILY - Louisville, KY
Property Size3,809 SF
Lot Size0.16 Acres
Price / SF$76.14
Days on Market15
Property Features for 3254 Taylor Blvd
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 5, Basement, Bedroom 4, Bathroom 3, Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 3
Patio and Porch features
Porch
Subdivision
CHURCHILL
Lot features
Corner Lot
Directions
On the corner of Taylor Blvd and Phyllis Ave.
Standard status
Active
APN
11063L00590000
Size
3,809 SF
Lot size
0.16 Acres
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Forced Air, Natural Gas
Cooling system
Wall/Window Unit(s), Central Air, Window Unit(s)
Water source
Public
Building Details
Year built
1947
Number of units
4
Building materials
Brick
Roof type
Shingle
Listing Agency:
Keller Williams Louisville · Keller Williams Realty
(502) 459-5509
Listed By:
Donavin Haugen
(502) 459-5509
Added: Jul 17
Changed: Jul 29
Last Checked: Jul 31 at 7:06AM
MLS# 1724760
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.
Investment Insights
Based on property information with market context.
This residential income quadplex is available for sale and consists of a total property size of 3,809 square feet on a 0.16-acre lot. The offering is categorized as a quadplex and residential income property.
The property is located at 3254 Taylor Blvd in Louisville, Kentucky 40215 (Jefferson County).
The property is located at 3254 Taylor Blvd in Louisville, Kentucky 40215 (Jefferson County).
Key Highlights
- Brick construction with a shingle roof
- Year built: 1947
- Heating includes electric, forced air, and natural gas
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $49.8k | $13.08 |
| − Vacancy | −$2.7k | −$0.71 |
| EGI | $47.1k | $12.37 |
| − OpEx | −$21.2k | −$5.57 |
| NOI | $25.9k | $6.81 |
3,809 SF · lease $13.08/SF/yr · vacancy 5.40% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$457.9K
$400.6K – $534.2K
NOI $32,050 @ 7.0% cap · market cap 11.05%
Second Best
Apartment 5plus
$370.3K
$324.0K – $432.0K
NOI $25,922 @ 7.0% cap · market cap 8.94%
Theoretical Best
Office A
$987.3K
$863.9K – $1.15M
NOI $69,110 @ 7.0% cap · market cap 23.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
489
Businesses Nearby
Explore this area
Business Placement
Demographics for 40215, KY
21,230
Population
9,070
Households
2.3
Avg Household Size
35
Median Age
13%
College-Educated
79%
High-School Grad
3.5 sq mi
ZIP Area
6,066
Density / Sq Mi
$42,762
Median Household Income
$32,815
Median Earnings
$976
Median Rent
$106,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - For sale quadplex with residential income potential on a 0.16-acre lot.
Where is this quadplex located?
The property is located at 3254 Taylor Blvd Louisville, KY.
What is the asking price?
The asking price for this property is $290,000.
What are key features of this property?
This property features: Brick construction with a shingle roof; Year built: 1947; Heating includes electric, forced air, and natural gas
