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    Jefferson County, KY Multifamily Properties for Sale

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    Fern Creek Multifamily Investment Opportunity
    Updated: Mar 5
    Fern Creek Multifamily Investment Opportunity

    3400 Lesway Ct, Louisville, KY 40220

    $1,164,000
    11,955 sqft
    All large 2BR/1BA units (average 887 SF) in desirable Fern Creek/Hikes Point area.
    Separately metered for LG&E with individual HVAC systems and hot water heaters for each unit.
    Most units renovated with updated kitchens and bathrooms.
    Excellent investment opportunity with upside potential due to under market rents.
    Ample off‑street parking.
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    This listing looks promising.

    Here's a quick look at some key insights for

    3400 Lesway Ct, Louisville, KY 40220

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    • Est. Cap Rate

      7%
      Above avg (5.9%)

    • Est. NOI

      $81K
      Annual

    • Price @ 7% Cap

      $1.16M
      Suggested

    • Property Type

      Apartments (Generic)
      Built 1972
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    7-Unit Multifamily Residence
    Updated: Jun 24
    7-Unit Multifamily Residence

    1271 Cherokee Rd, Louisville, KY 40204

    $1,490,000
    6,285 sqft 0.24 AC lot
    7‑unit multifamily property at 1271 Cherokee Road in Louisville’s Cherokee Triangle
    5 units in the main residence plus 2 units in a separate carriage house with front street and rear alley access
    Year built 1890 with architectural features including original leaded and stained‑glass windows
    Central air and forced‑air heating, with public water and public sewer
    On‑site parking available and includes a porch and balcony
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    Three-Story Brick Four-Plex
    Three-Story Brick Four-Plex

    2114 Bonnycastle Ave, Louisville, KY 40205

    $749,000
    5,200 sqft 0.21 AC lot

    Four spacious units, including a vacant oversized first-floor home, plus basement laundry, fenced yard, and rear garages.

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    Victorian Triplex Income Property
    Victorian Triplex Income Property

    104 S Birchwood Ave, Louisville, KY 40206

    $867,020
    5,590 sqft 0.36 AC lot

    Triplex on a 0.36-acre lot with three units, including a 2 bed/1 bath and a 4 bed/2 bath plus an attached carriage house.

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    Louisville Rental Portfolio: 16 Units
    Louisville Rental Portfolio: 16 Units

    602 Colorado Ave, Louisville, KY 40208

    $2,123,250
    17,100 sqft

    16-unit rental portfolio in Louisville, 100% occupied, $225,036 annual rent.

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    Mixed-Use Live-Work Property
    Mixed-Use Live-Work Property

    1807 Brownsboro Rd, Louisville, KY 40206

    $1,420,000
    3,264 sqft 0.13 AC lot

    Top-to-bottom renovated mixed-use building with reception, multiple offices, conference space, and four upstairs bedroom suites with private baths.

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    Highlands Multifamily Investment Opportunity
    Highlands Multifamily Investment Opportunity

    1646 Beechwood Ave, Louisville, KY 40204

    $1,100,000
    6,909 sqft 0.16 AC lot

    Turnkey investment property with high income in Louisville, Kentucky.

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    Five-Unit Italianate Apartment Building
    Five-Unit Italianate Apartment Building

    1130 S Brook St, Louisville, KY 40203

    $595,000
    4,163 sqft

    Historic Italianate five-unit building with renovated interiors, multiple exterior and system improvements, and a detached garage.

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    Turnkey Eight-Unit Multifamily Property
    Turnkey Eight-Unit Multifamily Property

    1646 BEECHWOOD AVE, Louisville, KY 40204

    $1,100,000
    6,909 sqft

    Eight-unit investment property with separate gas/electric metering and updated roof, HVAC, windows, and parking lot.

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    Renovated Five-Unit Apartment Building
    Renovated Five-Unit Apartment Building

    1475 S 3rd St, Louisville, KY 40208

    $645,000
    4,786 sqft

    Renovated five-unit apartment building with updated building systems and renovated interiors throughout.

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    Renovated 5-Unit Multifamily
    Renovated 5-Unit Multifamily

    918 Ash St, Louisville, KY 40217

    $500,000
    3,200 sqft 0.14 AC lot

    Four recently renovated units with central heat and air, plus a top-level unit awaiting completion for added income potential.

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    Six-Unit Apartment Building
    Six-Unit Apartment Building

    1224 CHEROKEE RD, Louisville, KY 40204

    $1,000,000
    8,550 sqft

    Apartment building offering separately metered utilities, rear egress to shared yard, and four vacant garages.

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    Six-Unit Multifamily Property
    Six-Unit Multifamily Property

    3217 Fordhaven Rd, Louisville, KY 40214

    $500,000
    5,270 sqft

    Six identical 2-bedroom, 1-bath units each include dedicated laundry and a spacious kitchen.

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    Fourplex with Rear Parking
    Fourplex with Rear Parking

    119 McArthur Dr, Louisville, KY 40207

    $690,000
    3,630 sqft 0.17 AC lot

    Four 1-bedroom, 1-bath units with rear parking, basement storage, and washer/dryer hookups.

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    Seven-Unit Apartment Building
    Seven-Unit Apartment Building

    1642 BEECHWOOD AVE, Louisville, KY 40204

    $850,000
    3,764 sqft

    For sale seven-unit multifamily with five one-bedrooms and two two-bedrooms in the Highlands area behind Mid-City Mall.

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    All-Brick Duplex with Covered Carport
    All-Brick Duplex with Covered Carport

    2217 Grinstead Dr, Louisville, KY 40204

    $575,000
    1,950 sqft 0.23 AC lot

    All-brick duplex offers two rental units, updated with new furnaces and a four-car covered carport with off-street parking.

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    32-Unit Old Louisville Apartment Building
    32-Unit Old Louisville Apartment Building

    1122 Garvin Pl, Louisville, KY 40203

    $2,599,000
    17,404 sqft 0.48 AC lot

    32 one-bedroom apartments with on-site laundry and an on-site manager space in Louisville’s Old Louisville area.

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    Crescent Hill Value-Add Triplex
    Crescent Hill Value-Add Triplex

    2332 Sycamore Ave, Louisville, KY 40206

    $399,900
    2,520 sqft 0.21 AC lot

    Louisville triplex with rental upside in high-barrier Crescent Hill.

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    Fully Renovated 9-Unit Apartment Building
    Fully Renovated 9-Unit Apartment Building

    1337 S 4th St, Louisville, KY 40208

    $1,050,000
    8,932 sqft

    Fully renovated 9-unit multifamily property with on-site parking, laundry, and storage units.

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    Updated Duplex with Two 1BR Units
    Updated Duplex with Two 1BR Units

    935 Samuel St, Louisville, KY 40204

    $275,000
    1,056 sqft 0.11 AC lot

    Well-maintained duplex with two updated one-bedroom, one-bath units, each under new year-long leases.

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    Louisville Multifamily Investment Opportunity
    Louisville Multifamily Investment Opportunity

    649 S 44th St, Louisville, KY 40211

    $774,000
    10,848 sqft

    Well-maintained 12-unit property near Shawnee Park.

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    Nine-Unit Multifamily Investment
    Nine-Unit Multifamily Investment

    1525 Anderson St, Louisville, KY 40210

    $485,000
    6,870 sqft 0.17 AC lot

    Two separate buildings total nine units, with individual metering for gas and electric and, in part, water.

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    Townhome Condominium Development
    Townhome Condominium Development

    1800 Victory Lane, Prospect, KY 40059

    $3,400,000
    11,256 sqft

    Newly constructed townhome condominium project with approvals for an additional expansion phase.

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    5-Unit Multifamily Investment Property
    5-Unit Multifamily Investment Property

    4925 Southside Dr, Louisville, KY 40214

    $340,000
    2,982 sqft

    Five residential units on a large lot, including one vacant unit, offering a mix of 1- and 2-bedroom layouts.

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    Jefferson County, KY Multifamily Properties Market Trends and Statistics

    Explore 103 multifamily properties for sale in Jefferson County, KY, showcased through 103 active listings on our real estate platform. These investment opportunities span a total of 593,224 square feet of properties for sale, with an estimated market value of $75,029,567.

    Sale prices for multifamily properties in Jefferson County, KY start at $48,000, averaging $882,700, and reaching up to $9,950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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