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Occupied Four-Unit Property
For Sale
$300,000

402 Marret Ave, Louisville, KY 40208

The building contains one-bedroom, one-bath residences with current occupancy across the property.

Property Size4,200 SF
Days on Market92

Property Features for 402 Marret Ave

General Information

Standard status Active
Size 4,200 SF
Property subtype Multi Family Home
Occupancy 100%

Units

Unit Mix 4 x 1BR/1BA
Multifamily Units 4

Building Details

Building Size 4,200 SF
Year Built 1927
Buildings 1
Units 4
Listing Agency: United Real Estate Louisville
Listed By: Vijay Addala · License #265343
Source: Demareeandhubbard
Added: May 25 Changed: Aug 21 Last Checked: Aug 23 at 12:47PM

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 1927 multifamily property in Louisville contains four residential units, each configured with one bedroom and one bathroom. Current occupancy is reported across the building, providing an established operating profile for the asset.

The property is located at 402 Marret Ave, with three additional multifamily buildings offered nearby at 401 and 405 Marret Ave and 409 Marret Ave. Those adjoining offerings include an 8-plex and a 4-plex, bringing the combined opportunity to 16 units across four neighboring buildings. The additional properties are also described as one-bedroom, one-bathroom configurations.

Key Highlights

  • 4 total residential units
  • All units are configured as 1 bed, 1 bath
  • All units are occupied

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Dental Office Pharmacy (Bike/Boat/Book/etc) Store Florist Pet Store Pet Store & Service

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

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,077
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - The building contains one-bedroom, one-bath residences with current occupancy across the property.
Where is this quadplex located?
The property is located at 402 Marret Ave 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: 4 total residential units; All units are configured as 1 bed, 1 bath; All units are occupied
More about this property
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