150-Unit Apartment
For Sale
Contact for pricing
Pending
7320 Southside Dr, Louisville, KY 40214
Neighboring properties feature updated roofs, windows, building systems, and selected unit interiors.
Property SizeContact for details
Days on Market144
Property Features for 7320 Southside Dr
General Information
Standard status
Pending
Property subtype
Multifamily
Units
Unit Mix
70 x 1BR, 80 x 2BR
Multifamily Units
150
Listing Agency:
Marcus & Millichap - Louisville
Listed By:
Aaron Johnson · License #KY 60872
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 3:12PM
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 - Louisville
Investment Insights
Based on property information with market context.
This apartment portfolio combines Venus Place and Mount Carmel, two neighboring properties operated together in South Louisville. The 150 units include 70 one-bedroom residences and 80 two-bedroom residences. Improvements include roof replacement at Venus Place in 2019, window replacement in 2020, and replacement of the one-bedroom building balcony in 2021. A number of original water and drain lines have also been replaced.
Fifty-eight two-bedroom units remain served by a boiler chiller system. Fourteen two-bedroom apartments were removed from that system and emptied for reconstruction, including installation of heat pumps, new kitchens, and flooring, with a target completion date of January 2022. The laundry room has been out of service for several years. The properties are approximately 20 minutes from downtown Louisville and are located at 7320 Southside Dr.
Fifty-eight two-bedroom units remain served by a boiler chiller system. Fourteen two-bedroom apartments were removed from that system and emptied for reconstruction, including installation of heat pumps, new kitchens, and flooring, with a target completion date of January 2022. The laundry room has been out of service for several years. The properties are approximately 20 minutes from downtown Louisville and are located at 7320 Southside Dr.
Key Highlights
- 150 units across Venus Place and Mount Carmel
- Unit mix includes 70 one‑bedroom and 80 two‑bedroom apartments
- Venus Place roofs replaced in 2019 and windows replaced in 2020
Property Analytics
Property Profile
Current Use
Lease Details
150
Residential units
Location Intelligence
Trade Area within ½ mile
395
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Neighboring properties feature updated roofs, windows, building systems, and selected unit interiors.
Where is this apartment building located?
The property is located at 7320 Southside Dr Louisville, KY.
What are key features of this property?
This property features: 150 units across Venus Place and Mount Carmel; Unit mix includes 70 one‑bedroom and 80 two‑bedroom apartments; Venus Place roofs replaced in 2019 and windows replaced in 2020
