3525 Georgetown Pl Louisville, KY 40215
This exceptional investment opportunity presents a four-unit apartment building located at 3525 Georgetown Place in Louisville, Kentucky, 40215. The property, built in 1967, boasts a total of 3,430 square feet situated on a 0.16-acre lot. The two-story building comprises four units, each featuring two bedrooms and one bathroom. Currently, all units are vacant, presenting immediate potential for rental income generation. Each unit is equipped with washer/dryer hookups, adding to their appeal for prospective tenants. The asking price is $370,000, translating to a price per square foot of $107.87. This property offers a compelling entry point into the Louisville multifamily market. Note that this property can be purchased as a package with 3601 Georgetown Place, providing an opportunity for significant portfolio expansion. The property's location in Jefferson County offers convenient access to local amenities and transportation networks. This is a rare chance to acquire a well-positioned multifamily asset with immediate upside potential. Serious investors are encouraged to act quickly.
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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.