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    Louisville, KY Multifamily Properties for Sale

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    7-Unit Apartment Building with Carriage House
    Updated: Jun 24
    7-Unit Apartment Building with Carriage House

    1271 Cherokee Rd, Louisville, KY 40204

    $1,290,000
    6,285 sqft 0.24 AC lot
    7 units: five in the main residence and two in a separate carriage house
    6,285 square feet on 0.24 acres; built in 1890
    Carriage house has front street access and rear alley access
    Two vacant units recently received paint, bedroom carpeting, and professional cleaning
    Original leaded and stained‑glass windows with distinct unit layouts
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    Three-Story Mixed-Use Property
    Updated: Aug 25
    Three-Story Mixed-Use Property

    3000 S 3rd St, Louisville, KY 40208

    $1,300,000
    7,709 sqft
    Six remodeled apartment units: three 1‑bedroom/1‑bath, one 1‑bedroom/1.5‑bath, and two 2‑bedroom/1‑bath units
    Restaurant space includes approximately 2,100 square feet on the main floor and 2,100 square feet in the basement
    Three separate restrooms located on the restaurant’s main floor
    Three‑story building on a corner lot at 3000 S 3rd St, Louisville, KY 40208
    7,709‑square‑foot property built in 1890
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    8-Unit Apartment Building
    8-Unit Apartment Building

    3944 S 3rd St, Louisville, KY 40214

    $699,900
    4,944 sqft 0.12 AC lot

    Corner-lot multifamily property with separately metered one-bedroom residences and both off-street and on-street parking options.

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    See what stands out in Jefferson County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Six-Unit Apartment Building
    Six-Unit Apartment Building

    7907 Canonero Way, Louisville, KY 40291

    $800,000
    5,480 sqft

    All-brick multifamily property with spacious two-bedroom layouts, in-unit laundry hookups, and on-site parking.

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    Three-Story Brick Quadplex
    Three-Story Brick Quadplex

    2114 Bonnycastle Ave, Louisville, KY 40205

    $749,000
    5,200 sqft 0.21 AC lot

    Four residential units offer varied layouts, private outdoor space, basement laundry, and detached garage capacity.

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    Victorian Triplex With Carriage House
    Victorian Triplex With Carriage House

    104 S Birchwood Ave, Louisville, KY 40206

    $850,000
    5,590 sqft 0.36 AC lot

    Fully occupied property with three distinct residences, refreshed kitchens and baths, and a wraparound porch.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Renovated Five-Unit Apartment Building
    Renovated Five-Unit Apartment Building

    1475 S 3rd St, Louisville, KY 40208

    $599,000
    4,786 sqft

    Historic brick-and-stone property with updated interiors, building systems, and laundry hookups.

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    11-Unit Brick Apartment Building
    11-Unit Brick Apartment Building

    1524 S 4th St, Louisville, KY 40208

    $1,400,000
    9,648 sqft 0.18 AC lot

    Historic-district multifamily property near the University of Louisville’s Belknap Campus, with a mix of one- and three-bedroom residences.

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    Duplex with Covered Carport
    Duplex with Covered Carport

    2217 Grinstead Dr, Louisville, KY 40204

    $550,000
    2,950 sqft 0.23 AC lot

    Updated two-unit property with occupied residences, flexible bedroom layouts, and substantial off-street parking.

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    Renovated Mixed-Use Triplex
    Renovated Mixed-Use Triplex

    1110 Logan St, Louisville, KY 40204

    $850,000
    3,625 sqft 0.17 AC lot

    Fully occupied three-unit property with commercial space, furnished residences, separate metering, and off-street parking.

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    Three-Story Brick Quadplex
    Three-Story Brick Quadplex

    2114 Bonnycastle Ave, Louisville, KY 40205

    $749,000
    5,200 sqft

    Brick multifamily property with varied unit layouts, basement laundry, garages, and fenced outdoor space.

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    Six-Unit Apartment Building
    Six-Unit Apartment Building

    3217 Fordhaven Rd, Louisville, KY 40214

    $500,000
    5,270 sqft

    Six matching apartments feature private laundry rooms, spacious kitchens, and practical living layouts.

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    Renovated Four-Unit Quadplex
    Renovated Four-Unit Quadplex

    2201 Griffiths Ave, Louisville, KY 40212

    $309,900
    4,590 sqft

    Renovations completed over the past four years support a fully occupied property with one-, two-, and three-bedroom units.

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    14-Unit Apartment Building
    14-Unit Apartment Building

    3610 Del Park Terrace, Louisville, KY 40211

    $1,050,000
    9,824 sqft

    One-bedroom units feature individual LG&E metering, with shared water and sewer service.

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    Renovated Mixed-Use Property
    Renovated Mixed-Use Property

    1807 Brownsboro Rd, Louisville, KY 40206

    $1,300,000
    3,264 sqft 0.13 AC lot

    C1-zoned building with four private suites, office areas, and approval for a 16-person Airbnb.

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    Eight-Unit Apartment Building
    Eight-Unit Apartment Building

    1646 Beechwood Ave, Louisville, KY 40204

    $1,079,900
    6,909 sqft 0.16 AC lot

    Updated multifamily property with separately metered gas and electric service.

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    Three-Story Mixed-Use Property
    Three-Story Mixed-Use Property

    3000 S 3rd St, Louisville, KY 40208

    $1,300,000
    7,709 sqft

    Corner-lot property combines a restaurant storefront with six remodeled apartment units and convenient access to major Louisville destinations.

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    Brick Apartment Building Near University
    Brick Apartment Building Near University

    1703 S 4th St, Louisville, KY 40208

    $419,000
    4,323 sqft 0.08 AC lot

    Three-story residential income property with updated apartments, retained appliances, and period architectural details.

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    6-Unit Apartment Building
    6-Unit Apartment Building

    1155 S 28th St, Louisville, KY 40211

    $799,000
    7,959 sqft

    Three-bedroom apartments feature separate gas and electric metering, with tenants responsible for those utilities.

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    32-Unit Apartment Building
    32-Unit Apartment Building

    1122 Garvin Pl, Louisville, KY 40203

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

    Concrete, block, and stucco construction includes balconies, basement space, and on-site laundry facilities.

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    Five-Unit Apartment Building
    Five-Unit Apartment Building

    1475 S 3rd St, Louisville, KY 40208

    $599,000
    4,786 sqft

    Renovated residences and upgraded building systems support an established multifamily asset in Historic Old Louisville.

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    Five-Unit Apartment Building
    Five-Unit Apartment Building

    2851 Hikes Ln, Louisville, KY 40218

    $369,000
    6,381 sqft

    Individually metered apartments offer separate heating and cooling, with tenant parking and in-unit laundry in four residences.

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    8-Unit Apartment Building
    8-Unit Apartment Building

    401 Marret Ave, Louisville, KY 40208

    $600,000
    11,276 sqft

    Two-building multifamily property with occupied one-bedroom residences and established rental operations.

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    Mixed-Use Corner Property
    Mixed-Use Corner Property

    231 N 19th St, Louisville, KY 40203

    $475,000
    5,470 sqft 0.30 AC lot

    Three residential units accompany office space, a detached garage, and two adjacent vacant lots.

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    Louisville, KY Multifamily Properties Market Trends and Statistics

    Explore 309 multifamily properties for sale in Louisville, KY, showcased through 309 active listings on our real estate platform. These investment opportunities span a total of 1,574,525 square feet of properties for sale, with an estimated market value of $166,108,555.

    Sale prices for multifamily properties in Louisville, KY start at $39,999, averaging $772,597, and reaching up to $10,000,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 125
    Duplexes 83
    Quadplexes 46
    Short term rental properties 27
    Triplexes 22

    Demographics Overview

    Population 766K
    Population Growth (5Y) +4.3%
    Median Household Income $70,176
    College Educated 23.2%

    High-Yield Neighborhoods for Investment

    Identify Louisville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    40215 $235K
    40272 $261.1K
    40212 $328K
    40299 $357.5K
    40217 $412.1K

    Taxes & Financing

    Tax Rate (average for all types) 1.23%
    Property Tax per SF $13.35 per SF
    Tax Rate vs County Average 0.01 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Jefferson County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Louisville fall within the 100,000+ square foot range.

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    Popular Searches in Louisville, KY

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    Most Searched ZIP Codes in Louisville, KY

    • 40203
    • 40208
    • 40204
    • 40214
    • 40206
    • 40211
    • 40217
    • 40212
    • 40207
    • 40216
    • 40202
    • 40272

    Featured Louisville Real Estate Agencies

    Realmo connects you with licensed Louisville CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    HomePage Realty
    333 East Main Street, #400 Louisville, KY 40202
    Phone: 15022691069
    www.HomePageRealtyky.com
    Kentucky Select Properties
    1757 Frankfort Avenue Louisville, KY 40206
    Phone: 15022715000
    www.kyselectproperties.com/
    The Breland Group
    2616 Bardstown Road, 2616 Bardstown Road Louisville, KY 40205
    Phone: 15024514107
    brelandgroup.com

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