Search
Four-Unit Apartment Building
For Sale
$300,000

402 Marret Ave, Louisville, KY 40208

Multi Family, Louisville, KY

Property Size4,200 SF
Lot Size0.15 Acres
Price / SF$71.43
Days on Market95

Property Features for 402 Marret Ave

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 2, Bedroom 1, Bathroom 1, Basement, Bathroom 4, Bathroom 3, Bathroom 2, Bedroom 4, Bedroom 3
Subdivision OLD LOUISVILLE
Directions Off S. Preston Street, south of Ormsby Avenue
Standard status Active
APN 09023F00350000
Size 4,200 SF
Lot size 0.15 Acres

Utilities

Sewer type Public Sewer
Cooling system Central Air
Water source Public

Building Details

Year built 1927
Number of units 4
Building materials Concrete, Brick, Stucco
Roof type Shingle
Architectural style Other
Listing Agency: United Real Estate Louisville
Listed By: Vijay Addala · License #265343
Added: May 25 Changed: Aug 26 Last Checked: Aug 27 at 4:06AM
MLS# 1718389

Copyright © 2026 Greater Louisville Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 4,200-square-foot quadplex contains four one-bedroom, one-bath apartments, with every unit currently occupied. The 1927 building includes a basement and uses concrete, brick, and stucco construction, along with central air, a shingle roof, public water, and public sewer. The property occupies 0.15 acres in Louisville’s 40208 ZIP code.

Three additional buildings at 401 and 405 Marret Ave and 409 Marret Ave are also offered. Those properties include an 8-plex and a 4-plex, with the same one-bedroom, one-bath configuration described for this building. Together, the four buildings comprise 16 units.

Key Highlights

  • Four total units, each configured as one bedroom and one bathroom
  • All units are occupied
  • 4200 square feet on 0.15 acres

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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Quadplex - Occupied one-bedroom apartments with central air, public utilities, and basement space in a residential income 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: Four total units, each configured as one bedroom and one bathroom; All units are occupied; 4200 square feet on 0.15 acres
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message