Brick
For Sale
$350,000
Pending
4227 Glen Hill Manor Dr, Louisville, KY 40272
Multi Family, Louisville, KY
Property Size3,234 SF
Lot Size137.76 Acres
Days on Market64
Property Features for 4227 Glen Hill Manor Dr
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
8
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 7, Bedroom 5, Bathroom 2, Bedroom 2, Bathroom 4, Bathroom 1, Bathroom 3, Bedroom 1, Bedroom 6, Bedroom 3, Bedroom 8, Bedroom 4
Subdivision
GLEN HILL MANOR
Directions
From I-264, take Dixie Hwy south to Valley Station Rd. Turn right on Valley Station Rd, right on Grafton Hall Rd, then left onto Glen Hill Manor Dr. Property is on the left.
Standard status
Pending
APN
24148300860000
Size
3,234 SF
Lot size
137.76 Acres
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
1999
Number of units
4
Building materials
Brick
Roof type
Shingle
Architectural style
Other
Listing Agency:
Keller Williams Collective · Keller Williams Realty
(502) 554-9500
Listed By:
Leah Plush-Ches
(502) 492-3370
Added: Aug 17
Changed: Oct 15
Last Checked: Oct 19 at 7:06AM
MLS# 1726507
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.
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Investment Insights
Based on property information with market context.
This brick quadplex contains four residential units, each arranged with two bedrooms and one full bathroom. The property provides approximately 3,234 square feet with eight bedrooms and four full bathrooms in total. Built in 1999, the building has electric heat, central air conditioning, a shingle roof, and public water and sewer service.
The property is in Louisville’s Valley Station area near Dixie Highway, with shopping, dining, and other amenities nearby. The units are currently occupied by tenants. Showings require additional advance notice, and tenants should not be disturbed during visits.
The property is in Louisville’s Valley Station area near Dixie Highway, with shopping, dining, and other amenities nearby. The units are currently occupied by tenants. Showings require additional advance notice, and tenants should not be disturbed during visits.
Key Highlights
- Four 2‑bedroom, 1‑bath units
- Approximately 3,234 square feet with 8 bedrooms and 4 full bathrooms
- Brick construction with shingle roof
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,212
Cap Rate
7.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$544,240
$544.2K
Cap Rate 7%
$388,743
$388.7K
Cap Rate 9%
$302,356
$302.4K
Market Conditions
NOI Build-Up for 3,234 SF
Gross rent
$41.1K $12.72/SF
− Vacancy
−$2.3K −$0.70/SF
EGI
$38.9K $12.02/SF
− OpEx
−$11.7K −$3.61/SF
NOI
$27.2K $8.41/SF
Area
Louisville, KY
Vacancy
5.50%
Lease Rate
$12.72 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$544,240
Cap Rate 7%
$388,743
Cap Rate 9%
$302,356
Alternative Uses
Best Use
Multifamily LT 5
$388.7K
$340.2K – $453.5K
NOI $27,212 @ 7.0% cap · market cap 7.77%
Second Best
Apartment 5plus
$314.4K
$275.1K – $366.8K
NOI $22,009 @ 7.0% cap · market cap 6.29%
Theoretical Best
Office A
$838.3K
$733.5K – $978.0K
NOI $58,678 @ 7.0% cap · market cap 16.77%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
44
Businesses Nearby
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Business Placement
Demographics for 40272, KY
37,747
Population
15,469
Households
2.4
Avg Household Size
39
Median Age
19%
College-Educated
90%
High-School Grad
33.3 sq mi
ZIP Area
1,134
Density / Sq Mi
$66,382
Median Household Income
$37,644
Median Earnings
$1,147
Median Rent
$169,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Tenant-occupied residential income property with four two-bedroom units and centralized cooling.
Where is this quadplex located?
The property is located at 4227 Glen Hill Manor Dr Louisville, KY.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Four 2‑bedroom, 1‑bath units; Approximately 3,234 square feet with 8 bedrooms and 4 full bathrooms; Brick construction with shingle roof
