333 29Th St Louisville, KY 40212
This exceptional investment opportunity presents a fully renovated four-unit apartment building located at 333 N 29th St, Louisville, KY 40212. The property, built in 1930 and extensively renovated in 2024, boasts 2,432 square feet across a two-story building. Each of the four units features one bedroom and one bathroom. The comprehensive renovation included a new roof, siding, plumbing, electrical system, and other significant upgrades, resulting in a property that is essentially new construction. Situated in a rapidly appreciating area of Louisville (88% appreciation in the last 5 years), this quadplex benefits from its proximity to a school and other recently renovated properties. The 2025 HUD Fair Market Rent for a one-bedroom apartment in this area is $970, suggesting strong rental income potential. The property is zoned R2. The building consists of one structure with four units. Completion of the renovation is anticipated within six weeks, allowing for potential tenant occupancy by the new year. Buyer is responsible for verifying the square footage. The asking price is $275,000.
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
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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.