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48-Unit Apartment Buildings
New
For Sale
$2,800,000

607-617 S 44th Street, Louisville, KY 40211

Well-maintained brick multifamily property with renovated units and separately metered gas and electric service.

Days on Market3

Property Features for 607-617 S 44th Street

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Utilities to Site Yes
Multifamily Units 48

Building Details

Construction all-brick
Listing Agency: Louisville
Listed By: Jenny Johnston · License #246944
Source: Colliers
Added: Jul 30 Changed: Jul 31 Last Checked: Aug 1 at 2:25AM

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 Louisville

Investment Insights

Based on property information with market context.

This 48-unit multifamily property consists of all-brick buildings that have been well maintained and improved over the past several years. Improvements include unit renovations, new roofs, and replacement of many windows. Gas and electric service are separately metered, resulting in limited landlord utility exposure.

The property is located just one block from Shawnee Park and is set within a dense single-family residential neighborhood. The address includes 607-617 S 44th Street in Louisville, Kentucky.

Key Highlights

  • 48‑unit multifamily property
  • All‑brick buildings in a dense single‑family residential neighborhood
  • Unit renovations completed over the past several years

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Dental Office Nail Salon

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

48
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

278
Businesses Nearby

Demographics for 40211, KY

21,310
Population
11,450
Households
1.9
Avg Household Size
37
Median Age
11%
College-Educated
86%
High-School Grad
7.3 sq mi
ZIP Area
2,919
Density / Sq Mi
$32,598
Median Household Income
$28,245
Median Earnings
$925
Median Rent
$97,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Well-maintained brick multifamily property with renovated units and separately metered gas and electric service.
Where is this apartment building located?
The property is located at 607-617 S 44th Street Louisville, KY.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: 48‑unit multifamily property; All‑brick buildings in a dense single‑family residential neighborhood; Unit renovations completed over the past several years
More about this property
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