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Occupied Quadplex
For Sale
$300,000

409 Marret Ave, Louisville, KY 40208

Each residence features a one-bedroom, one-bath layout with current occupancy across the property.

Property Size4,200 SF
Days on Market81

Property Features for 409 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 24 Changed: Aug 8 Last Checked: Aug 11 at 2:59PM

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 quadplex contains four residential units, each arranged as a one-bedroom, one-bath residence. Built in 1927, the property is fully occupied, providing an established operating profile for a multifamily buyer.

Additional Marret Ave properties are also being offered nearby, including an 8-plex at 401 and 405 Marret Ave and a 4-plex at 402 Marret Ave. All three additional buildings feature the same one-bedroom, one-bath unit configuration, creating a potential 16-unit acquisition across four neighboring buildings.

Key Highlights

  • Four occupied units, each with one bedroom and one bathroom
  • Built in 1927
  • Additional nearby offerings include an 8‑plex at 401 and 405 Marret Ave

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

1,026
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 - Each residence features a one-bedroom, one-bath layout with current occupancy across the property.
Where is this quadplex located?
The property is located at 409 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 occupied units, each with one bedroom and one bathroom; Built in 1927; Additional nearby offerings include an 8‑plex at 401 and 405 Marret Ave
More about this property
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