Hurstbourne Ridge Condo with
3745 Hurstbourne Ridge Blvd Louisville, KY 40299
3745 Hurstbourne Ridge Blvd, Louisville, KY, 40299
$300,000
For Sale
$300,000
Well-maintained condo near shopping, dining, and medical centers.
Property Size2,765 SF
Price / SF$108.50
Days on Market327
Property Features for 3745 Hurstbourne Ridge Blvd
General Information
- Standard status
- Active
- Size
- 2,765 SF
- Property subtype
- Condominium
Building Details
- Year Built
- 1993
Listing Agency
Louisville Highlands
(502) 727-8573
Listed by
Scott Breland · License #223472
(502) 727-8573
Source
Kw
Added: Aug 27, 2025 Checked: Jul 17 at 4:48 am
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 Louisville Highlands
Investment Insights
Based on property information with market context.
This well-maintained condo in Hurstbourne Ridge features 3 bedrooms and 3 bathrooms. The property is conveniently located minutes from shopping, dining, expressways, and medical centers. The interior features an open, light-filled layout with vaulted ceilings, skylights, and two fireplaces. The primary suite includes a walk-in closet and a spa-style bath with a jetted tub. The fully equipped kitchen and generous secondary bedrooms make it suitable for professionals, small families, or downsizers seeking room to entertain. Community amenities include a clubhouse, swimming pool, and well-kept grounds. A private garage and additional storage are included. The property size is 2765 square feet.
Key Highlights
- Prime Location: Minutes from shopping, dining, expressways, and medical centers.
- Low‑Maintenance Living: Enjoy the condo lifestyle with community amenities and well‑kept grounds.
- Spacious Layout: Featuring 3 bedrooms, 3 baths, an open floor plan, and vaulted ceilings.
Local 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 | $44.8k | $16.20 |
| − Vacancy | −$2.5k | −$0.89 |
| EGI | $42.3k | $15.31 |
| − OpEx | −$19.0k | −$6.89 |
| NOI | $23.3k | $8.42 |
2,765 SF · lease $16.20/SF/yr · vacancy 5.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$332.6K
$291.0K – $388.0K
NOI $23,281 @ 7.0% cap · market cap 7.76%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$676.9K
$592.3K – $789.7K
NOI $47,381 @ 7.0% cap · market cap 15.79%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Well-maintained condo near shopping, dining, and medical centers.
Where is this apartment building located?
The property is located at 3745 Hurstbourne Ridge Blvd Louisville, KY.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Prime Location: Minutes from shopping, dining, expressways, and medical centers.; Low‑Maintenance Living: Enjoy the condo lifestyle with community amenities and well‑kept grounds.; Spacious Layout: Featuring 3 bedrooms, 3 baths, an open floor plan, and vaulted ceilings.
