48-Unit Apartment
For Sale
$2,800,000
615 S 44th St, Louisville, KY 40211
All-brick apartment buildings with renovated units, new roofs, and separate gas and electric metering.
Property Size42,686 SF
Price / SF$65.60
Days on Market262
Property Features for 615 S 44th St
General Information
Standard status
Active
Size
42,686 SF
Property subtype
Multifamily
Zoning
R7
Units
Unit Mix
48 x 2BR/1BA
Multifamily Units
48
Additional Details
Utilities to Site
Yes
Building Details
Buildings
3
Construction
brick
Listing Agency:
Colliers
Listed By:
Jenny Johnston · License #246944
(502) 645-1729
Source:
Kcrea.resimplifi
Added: Dec 15, 2025
Changed: Aug 31
Last Checked: Sep 2 at 1:28PM
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 contains 48 two-bedroom, one-bath units within all-brick buildings. Improvements completed over the past several years include unit turns, new roofs, and replacement of many windows. The buildings are separately metered for gas and electric service, limiting the landlord’s direct utility responsibility. The property encompasses 42,686 square feet and carries R7 zoning.
Located in Louisville’s Shawnee neighborhood, the property sits one block from Shawnee Park and within an established single-family residential setting. The offering includes multiple buildings identified at 607, 627, and 649 S. 44th St., providing a multi-building apartment configuration in a cohesive residential area.
Located in Louisville’s Shawnee neighborhood, the property sits one block from Shawnee Park and within an established single-family residential setting. The offering includes multiple buildings identified at 607, 627, and 649 S. 44th St., providing a multi-building apartment configuration in a cohesive residential area.
Key Highlights
- 48 2bd/1ba apartment units
- 42,686 SF apartment property
- All‑brick buildings in Louisville’s Shawnee neighborhood
Property Analytics
Current Use
Lease Details
48
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
278
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - All-brick apartment buildings with renovated units, new roofs, and separate gas and electric metering.
Where is this apartment building located?
The property is located at 615 S 44th St 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 2bd/1ba apartment units; 42,686 SF apartment property; All‑brick buildings in Louisville’s Shawnee neighborhood
