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9-Unit Apartment Building
For Sale
Contact for pricing
Pending

4429 Shelbyville Rd, Louisville, KY 40207

Multifamily property with separately metered units and a one-, two-, and three-bedroom mix.

Property SizeContact for details
Days on Market147

Property Features for 4429 Shelbyville Rd

General Information

Standard status Pending
Property subtype Multifamily

Site & Location

Road Access Yes
Utilities to Site Yes

Additional Details

Multifamily Units 9
Listing Agency: Lenhian Commercial Properties
Listed By: Joe McLaughlin · License #KY 46205
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Sep 1 at 12:54AM

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 Lenhian Commercial Properties

Investment Insights

Based on property information with market context.

This 9-unit apartment property includes a mix of one-, two-, and three-bedroom residences, with each unit separately metered. The asset sits on over one half acre and requires significant rehabilitation work.

The property fronts Shelbyville Road at 4429 Shelbyville Rd in Louisville’s St. Matthews district, with direct access to the roadway and proximity to the area’s business and retail activity. The site may support future commercial land use, subject to any required zoning changes, which would be the buyer’s responsibility.

Rent roll and financial information are available upon request.

Key Highlights

  • 9‑unit apartment property
  • Mix of 1-, 2-, and 3‑bedroom units
  • All units are separately metered

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Storage Facility Grocery & Convenience Store (Bike/Boat/Book/etc) Store Garden Center Carpet & Flooring Store

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

9
Residential units
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,137
Businesses Nearby

Demographics for 40207, KY

30,104
Population
14,507
Households
2.1
Avg Household Size
43
Median Age
68%
College-Educated
98%
High-School Grad
11.7 sq mi
ZIP Area
2,573
Density / Sq Mi
$98,583
Median Household Income
$59,242
Median Earnings
$1,248
Median Rent
$401,500
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?
Apartment building - Multifamily property with separately metered units and a one-, two-, and three-bedroom mix.
Where is this apartment building located?
The property is located at 4429 Shelbyville Rd Louisville, KY.
What are key features of this property?
This property features: 9‑unit apartment property; Mix of 1-, 2-, and 3‑bedroom units; All units are separately metered
More about this property
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