Auburndale Multifamily Investment
7300 Southside Dr, Louisville, KY 40214
28-unit multifamily asset in Louisville's Auburndale neighborhood.
Type:Multifamily
- Added:
- Mar 3, 2026
- Days on Market:
- 73
- Last Refresh:
- Mar 16 at 1:54 pm
Property Features for 7300 Southside Dr
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Building Details
- Year Built
- 1964
Listing agent Jordan Dickman License #OH SAL.2014001272
Listing office Marcus & Millichap - Cincinnati
Listing date Mar 3, 2026
Source Crexi
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 Marcus & Millichap - Cincinnati
HighLights
- Significant NOI growth potential by closing the $150 rent gap to market rate.
- Major system upgrades completed: full electrical replacement (copper wiring & panels), individual HVAC systems, and complete plumbing conversion to PVC/PEX.
- Strategic location near Louisville's largest employment centers, industrial parks, and the UPS Worldport Global Air Hub.
- Value‑add opportunity by installing in‑unit washer/dryers (hookups already in place) to capture rent premium.
- All 28 units are 2Bd/1Ba, with a majority being the larger 900 SqFt layout.
- Located in a workforce‑dense corridor, ensuring continued demand from logistics, manufacturing, and distribution sectors.
Overview
Auburndale Place is a 28-unit multifamily property located in the Auburndale Neighborhood of Southwest Louisville. The property is a stabilized asset with potential for NOI growth by increasing effective rents, which are currently approximately $150 below market. All 28 units are 2-bedroom, 1-bathroom layouts, with a majority being the larger 900 SqFt layout. The property features major system upgrades, including full electrical replacement with copper wiring and panels, individual HVAC systems, and complete plumbing conversion to PVC/PEX, plus multiple additional property enhancements. The property is strategically positioned within minutes of Louisville’s largest employment concentrations, near multiple industrial parks and the Nation’s 3rd busiest cargo airport, home to the UPS Worldport Global Air Hub. There is a value-add opportunity with in-unit washer/dryer installation, with hookups already in place, opening up the ability to capture rent premium. Situated within one of the region’s most workforce-dense corridors, the property is positioned for continued performance and growth supported by durable demand across logistics, manufacturing, and distribution sectors.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Auburndale apartment
Apartment Complex
Location Insight
- Map
- Local Demand
- City
- Louisville
- County
- Jefferson
- State
- Kentucky
- Longitude
- -85.7723601
- Latitude
- 38.1486068
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 28-unit multifamily asset in Louisville's Auburndale neighborhood.
Where is this apartment building located?
The property is located at 7300 Southside Dr Louisville, KY.
What are key features of this property?
This property features: Significant NOI growth potential by closing the $150 rent gap to market rate.; Major system upgrades completed: full electrical replacement (copper wiring & panels), individual HVAC systems, and complete plumbing conversion to PVC/PEX.; Strategic location near Louisville's largest employment centers, industrial parks, and the UPS Worldport Global Air Hub.
