3601 Georgetown Pl Louisville, KY 40215
This exceptional multifamily investment opportunity presents a 4-unit apartment building located at 3601 Georgetown Place, Louisville, KY 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 vacant units, each featuring two bedrooms and one bathroom, presenting immediate potential for rental income. Each unit is equipped with washer/dryer hookups and brand new all-electric HVAC systems, ensuring both comfort and efficiency for future tenants. The asking price is $385,000, translating to a price per square foot of $112.24. This property offers a compelling investment prospect due to its vacancy status, allowing for immediate implementation of a rental strategy and the potential for significant return on investment. Note that this property can be purchased as a package with 3525 Georgetown Place. The property's location in Jefferson County provides convenient access to local amenities and transportation networks. This is a rare chance to acquire a well-maintained multifamily property in a desirable location with immediate income-generating potential. The property's solid construction and modern updates make it an attractive option for both seasoned investors and those new to the multifamily 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.