14011 Dixie Hwy Louisville, KY 40272

This exceptional investment opportunity presents a nine-unit apartment building situated on a substantial 1.24-acre lot in Louisville, Kentucky. The property, located at 14011 Dixie Hwy, 40272, is zoned C1, offering significant potential for future development given the ample land available beyond the existing building footprint. Currently boasting 100% occupancy, the property generates a gross monthly rent of $5,850. The building comprises two structures, constructed in 1950, and includes nine studio apartments. Recent upgrades include a newly paved blacktop parking lot and luxury vinyl plank (LVP) flooring in select units. This value-add property presents a compelling opportunity for investors seeking a cash-flowing asset with considerable upside potential. The asking price is $350,000, translating to approximately $38,889 per unit. Prospective buyers should note that showings will only be conducted after an offer has been accepted, and tenants should not be disturbed. This property is a rare find in the Louisville market, combining immediate cash flow with significant long-term development potential. The property's location in Jefferson County provides easy access to major transportation routes and amenities.