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Property profile & analytics
OFF-MARKET
Small apartment buildings

1600 Berry Blvd Louisville, KY 40215

1,701 SF 0.19 ac lot Built 1927
Property ID
US34-2255388
Property summary
AI-generated overview

This charming 1927 all-brick duplex located at 1600 Berry Blvd, Louisville, KY 40215 presents a compelling investment opportunity. The property, classified as a Class C multifamily building, boasts a total of 1,701 square feet, with 1,211 square feet of net rentable space. The duplex features two units: one 1-bedroom, 1-bathroom unit and one 2-bedroom, 1-bathroom unit, currently occupied. Situated on a 0.19-acre corner lot, the property offers convenient off-street parking for tenants. The basement provides laundry hookups for added convenience. The building is a single-story structure and sits within the R-5 permitted zoning district. The asking price is $142,999, translating to a price per square foot of $123.86. The lot size is 8,128 square feet, offering potential for future development or expansion. This multi-tenant property presents a strong cash flow opportunity for savvy investors seeking a well-located, established asset in a desirable Louisville neighborhood. The property's age and character contribute to its unique appeal, while its current occupancy ensures immediate return on investment. This is a rare chance to acquire a solid, income-generating property in a thriving market.

Property profile
Verified
Property type Small apartment buildings
Year built 1927
Total area 1,701 SF
Lot 0.19 ac (8,276 SF)
UPID US34-2255388
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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