Building Details

Stories 2

Tenancy Multi

Listing Agency: Louisville Show Phone

Listed By: Jon Fairfield · License #284276 Show Phone

Source: Colliers

Added: Jun 25 Changed: Aug 8 Last Checked: Jul 16 at 1:49AM

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Investment Insights

Based on property information with market context.

Key Highlights

• 10‑unit townhome property with 10 two‑story units, each featuring 2BR/1.5BA layouts
• Separately metered LG&E with tenants paying utilities; tenants also pay a monthly flat‑fee water charge
• Interior renovations completed across a majority of units, including LVP flooring, refreshed kitchen finishes, updated bathrooms, and newer appliances

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Law Firm Grocery & Convenience Store Real Estate Agency HVAC Service (Bike/Boat/Book/etc) Store

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

10

Residential units

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

1,014

Businesses Nearby

Explore this area 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

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

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Frequently Asked Questions

Where is this apartment building located?

The property is located at 3321-3235 Orchard Manor Cir Louisville, KY.

What is the asking price?

The asking price for this property is $1,100,000.

What are key features of this property?

This property features: 10‑unit townhome property with 10 two‑story units, each featuring 2BR/1.5BA layouts; Separately metered LG&E with tenants paying utilities; tenants also pay a monthly flat‑fee water charge; Interior renovations completed across a majority of units, including LVP flooring, refreshed kitchen finishes, updated bathrooms, and newer appliances