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66-Unit Apartment Building Portfolio
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610 Breckenridge Ln, Louisville, KY 40207

Four-property multifamily portfolio with one- and two-bedroom layouts plus recent unit, common-area, and exterior improvements.

Property Size65,710 SF
Days on Market10

Property Features for 610 Breckenridge Ln

General Information

Standard status Active
Size 65,710 SF
Property subtype Multifamily
Zoning R6 / R7 / OR3

Units

Unit Mix 24 x 2BR / 1.5BA, 17 x 1BR / 1BA, 17 x 2BR / 1BA, 8 x 2BR / 1BA
Multifamily Units 66

Additional Details

Road Access Yes

Amenities

Power
Water
Sewer

Building Details

Year Built 1969
Listing Agency: Hoagland Commercial
Listed By: Chapman Silander · License #252813
Source: Kcrea.resimplifi
Added: Aug 25 Changed: Aug 31 Last Checked: Sep 2 at 2:17PM

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 Hoagland Commercial

Investment Insights

Based on property information with market context.

This multifamily portfolio includes four apartment properties totaling 66 units and 65,710 square feet, with assets built in 1969. The unit mix includes one- and two-bedroom plans, including 24 two-bedroom units at Plymouth Village, 17 one-bedroom units at Church Way, 17 two-bedroom units at Grandview, and 8 two-bedroom units at Nanz Avenue. Recent work includes unit turns across most vacant apartments, along with selected common-area and exterior improvements.

The properties are located in St. Matthews, Louisville, and carry zoning designations of R6, R7, and OR3. Eleven units are currently vacant, representing 17% of the portfolio. In-place rents are approximately 28% below current market rents and approximately 20% below the high-water mark at the individual properties. The properties may be acquired individually or together as a portfolio.

Key Highlights

  • 66‑unit portfolio across four apartment properties
  • 65,710 square feet; properties built in 1969
  • 11 vacant units, representing 17% of the portfolio

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Parking Lot & Garage Storage Facility Electrical Service (Bike/Boat/Book/etc) Store Florist

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

66
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,399
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Four-property multifamily portfolio with one- and two-bedroom layouts plus recent unit, common-area, and exterior improvements.
Where is this apartment building located?
The property is located at 610 Breckenridge Ln Louisville, KY.
What are key features of this property?
This property features: 66‑unit portfolio across four apartment properties; 65,710 square feet; properties built in 1969; 11 vacant units, representing 17% of the portfolio
More about this property
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