1600 Berry Blvd Louisville, KY 40215
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.