8-Unit Apartment
For Sale
$600,000
401 Marret Ave, Louisville, KY 40208
Two-building multifamily property with occupied one-bedroom residences and established rental operations.
Property Size11,276 SF
Price / SF$53.21
Days on Market23
Property Features for 401 Marret Ave
General Information
Standard status
Active
Size
11,276 SF
Property subtype
Multi-Family
Occupancy
100%
Units
Unit Mix
8 x 1BR/1BA
Multifamily Units
8
Building Details
Year Built
1923
Buildings
2
Listing Agency:
United Real Estate Louisville
(302) 897-9899
Listed By:
Vijay Addala · License #265343
Source:
Familyrealty
Added: Aug 7
Changed: Aug 28
Last Checked: Aug 29 at 12:22PM
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 United Real Estate Louisville
Investment Insights
Based on property information with market context.
This multifamily offering comprises two apartment buildings containing 8 units in total. Each residence is configured with 1 bedroom and 1 bathroom, providing a consistent layout across the property. The buildings were constructed in 1923, and all units are currently occupied.
The property is located in Louisville, Kentucky. Rent rolls and NOI are available with the MLS materials. Two additional nearby buildings are also being offered separately; each contains 4 units with the same 1-bedroom, 1-bathroom configuration, creating an option for a broader acquisition of neighboring multifamily assets.
The property is located in Louisville, Kentucky. Rent rolls and NOI are available with the MLS materials. Two additional nearby buildings are also being offered separately; each contains 4 units with the same 1-bedroom, 1-bathroom configuration, creating an option for a broader acquisition of neighboring multifamily assets.
Key Highlights
- 8 total units across two apartment buildings
- All residences feature 1 bedroom and 1 bathroom
- 100% of units are occupied
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,077
Businesses Nearby
Explore this area
Business Placement
Demographics for 40208, KY
17,048
Population
6,675
Households
2.6
Avg Household Size
27
Median Age
34%
College-Educated
88%
High-School Grad
2.6 sq mi
ZIP Area
6,557
Density / Sq Mi
$37,714
Median Household Income
$17,255
Median Earnings
$914
Median Rent
$153,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Two-building multifamily property with occupied one-bedroom residences and established rental operations.
Where is this apartment building located?
The property is located at 401 Marret Ave Louisville, KY.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 8 total units across two apartment buildings; All residences feature 1 bedroom and 1 bathroom; 100% of units are occupied
