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18-Unit Apartment Property
For Sale
Contact for pricing
Pending

4707 Southern Pkwy, Louisville, KY 40214

Two buildings offer updated interiors, off-street parking, and an established multifamily configuration on a large lot.

Property SizeContact for details
Days on Market146

Property Features for 4707 Southern Pkwy

General Information

Standard status Pending
Property subtype Multifamily

Units

Unit Mix 6 x 2BR/1BA, 12 x 1BR/1BA
Multifamily Units 18

Additional Details

Road Access Yes

Building Details

Buildings 2
Listing Agency: Colliers
Listed By: Reed Weinberg · License #KY 60187
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 31 at 11:16AM

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 Colliers

Investment Insights

Based on property information with market context.

This apartment property includes two buildings with 18 units in total: one building contains 6 units and the other contains 12. The unit mix includes 6 2BA/1BA units and 12 1BA/1BA units. Improvements have been completed across almost every unit, including LVP flooring, appliances, cabinetry, and bathrooms.

The property sits on a large lot with ample off-street parking. The lower level may provide an opportunity to add a 19th unit, and the site also has potential for on-site laundry. Its Southern Parkway address places the property near Iroquois Park, Colonial Gardens, and Iroquois High School.

Key Highlights

  • 18 units across two buildings, with one 6‑unit building and one 12‑unit building
  • Unit mix includes 6 2BA/1BA units and 12 1BA/1BA units
  • Almost every unit has received improvements, including LVP flooring, appliances, cabinets, and bathrooms

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Spa & Massage Center Parking Lot & Garage Accounting Firm

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

18
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

439
Businesses Nearby

Demographics for 40214, KY

46,220
Population
20,459
Households
2.3
Avg Household Size
37
Median Age
23%
College-Educated
85%
High-School Grad
15.0 sq mi
ZIP Area
3,081
Density / Sq Mi
$53,563
Median Household Income
$37,121
Median Earnings
$950
Median Rent
$176,700
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Two buildings offer updated interiors, off-street parking, and an established multifamily configuration on a large lot.
Where is this apartment building located?
The property is located at 4707 Southern Pkwy Louisville, KY.
What are key features of this property?
This property features: 18 units across two buildings, with one 6‑unit building and one 12‑unit building; Unit mix includes 6 2BA/1BA units and 12 1BA/1BA units; Almost every unit has received improvements, including LVP flooring, appliances, cabinets, and bathrooms
(502) 802-3516 Call to check price and availability
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