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Occupied 4-Unit Apartment Building
For Sale
$300,000

409 Marret Ave, Louisville, KY 40208

Four occupied apartments feature a consistent one-bedroom, one-bath layout.

Property Size4,200 SF
Price / SF$71.43
Days on Market20

Property Features for 409 Marret Ave

General Information

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

Units

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

Building Details

Year Built 1927
Buildings 1
Listing Agency: United Real Estate Louisville
Listed By: Vijay Addala · License #265343
Source: Familyrealty
Added: Aug 14 Changed: Aug 28 Last Checked: Aug 30 at 8:17PM

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.

Located at 409 Marret Ave, this quadplex contains four apartments, each configured with one bedroom and one bathroom. All units are occupied, and rent rolls and NOI materials are attached to the MLS. The property was built in 1927.

Three neighboring buildings are also offered: 401 Marret Ave and 405 Marret Ave, identified as an 8-plex, plus 402 Marret Ave, identified as a 4-plex. The four Marret Ave buildings are next to one another and contain 16 units in total, allowing the quadplex to be considered alongside the adjacent properties.

Key Highlights

  • Four total units, each with 1 bedroom and 1 bathroom
  • All units are occupied
  • Built in 1927

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 - Four occupied apartments feature a consistent one-bedroom, one-bath layout.
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 total units, each with 1 bedroom and 1 bathroom; All units are occupied; Built in 1927
More about this property
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