17-Property Multifamily
For Sale
Contact for pricing
3931 Central Avenue, Louisville, KY 40218
Multi-property rental portfolio spanning Kentucky and Indiana with professional management and a mix of leased income lines and vacant lots.
Property SizeContact for details
Days on Market10
Property Features for 3931 Central Avenue
General Information
Standard status
Active
Property subtype
Multifamily, Land, Mixed Use
Financials
Asking Price
$3,490,000
Gross Income
$298,920
Listing Agency:
simpler.realestate
Listed By:
Dave Gambol · License #270336
(502) 445-0179
Source:
Crexi
Added: Sep 3
Changed: Sep 9
Last Checked: Sep 12 at 5:37AM
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 simpler.realestate
Investment Insights
Based on property information with market context.
This multifamily portfolio combines 17 properties with 23 rental income lines and two vacant, previously improved building lots. The assets share common ownership and are professionally managed, creating a consolidated acquisition structure across multiple residential properties.
The portfolio includes five addresses in Louisville, Jefferson County, Kentucky, plus 12 addresses across Clark County and Floyd County, Indiana. The July 2026 rent roll shows active leases on 22 of 23 income lines, while the remaining property components include two vacant lots. The portfolio’s geographic distribution covers three counties in two states.
The portfolio includes five addresses in Louisville, Jefferson County, Kentucky, plus 12 addresses across Clark County and Floyd County, Indiana. The July 2026 rent roll shows active leases on 22 of 23 income lines, while the remaining property components include two vacant lots. The portfolio’s geographic distribution covers three counties in two states.
Key Highlights
- 17 properties with 23 rental income lines
- Two vacant, previously improved building lots
- 22 of 23 income lines leased as of the July 2026 rent roll
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
703
Businesses Nearby
Explore this area
Business Placement
Demographics for 40218, KY
33,437
Population
14,697
Households
2.3
Avg Household Size
36
Median Age
29%
College-Educated
89%
High-School Grad
9.0 sq mi
ZIP Area
3,715
Density / Sq Mi
$56,191
Median Household Income
$35,784
Median Earnings
$1,059
Median Rent
$195,600
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Multifamily property - Multi-property rental portfolio spanning Kentucky and Indiana with professional management and a mix of leased income lines and vacant lots.
Where is this multifamily property located?
The property is located at 3931 Central Avenue Louisville, KY.
What is the asking price?
The asking price for this property is $3,490,000.
What are key features of this property?
This property features: 17 properties with 23 rental income lines; Two vacant, previously improved building lots; 22 of 23 income lines leased as of the July 2026 rent roll
