Residential Income

Louisville, KY Residential Income Properties for Sale

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Updated Historic Quadplex
Updated: Oct 23
Updated Historic Quadplex

1319 Willow Ave, Louisville, KY 40204

$725,000
3,599 sqft 0.25 AC lot
Four occupied apartments, each with one bedroom and one bathroom
3,599 square feet on two main levels; built in 1920
0.25‑acre corner lot in Louisville
Unit 1 has restored inlaid hardwood floors and a renovated kitchen and bath
Detached one‑car garage with loft and unfinished attic; conversions require buyer verification and approvals
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Duplex with Covered Carport
Updated: Oct 15
Duplex with Covered Carport

2217 Grinstead Dr, Louisville, KY 40204

$545,000
2,950 sqft 0.23 AC lot
Two units with 2,950 square feet total
First‑floor unit: 2 bedrooms and 1 full bathroom; second‑floor unit: 3 bedrooms and 2 full bathrooms
Two tenants currently occupy the property
0.23‑acre lot with a 4‑car covered carport
Two new furnaces; central air conditioning
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Three-Story Mixed-Use Property
Three-Story Mixed-Use Property

3000 S 3rd St, Louisville, KY 40208

$995,000
7,709 sqft

Combined commercial and residential layout with a restaurant storefront and remodeled apartments.

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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Leased Mixed-Use Building
Leased Mixed-Use Building

2110 Bardstown Rd, Louisville, KY 40205

$850,000
5,680 sqft

Five occupied suites combine commercial space with a remodeled residential apartment and C-2 zoning.

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Mixed-Use Property with Salon
Mixed-Use Property with Salon

1905 Bardstown Rd, Louisville, KY 40205

$900,000
5,102 sqft 0.02 AC lot

A ground-floor salon and spa is paired with three residential apartments in a multi-level commercial building.

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8-Unit Apartment Building
8-Unit Apartment Building

3944 S 3rd St, Louisville, KY 40214

$625,000
4,944 sqft 0.12 AC lot

Corner-lot multifamily property with separately metered one-bedroom residences and both off-street and on-street parking options.

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Renovated Five-Unit Apartment Building
Renovated Five-Unit Apartment Building

1475 S 3rd St, Louisville, KY 40208

$599,000
4,786 sqft

Historic brick-and-stone property with updated interiors, building systems, and laundry hookups.

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Mixed-Use Property with Salon Space
Mixed-Use Property with Salon Space

2-1905 Bardstown Rd, Louisville, KY 40204

$900,000
5,102 sqft

Ground-floor salon and med-spa improvements complement three residential apartments in a live-work configuration.

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Six-Unit Apartment Building
Six-Unit Apartment Building

3217 Fordhaven Rd, Louisville, KY 40214

$500,000
5,270 sqft

Six matching apartments feature private laundry rooms, spacious kitchens, and practical living layouts.

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6-Unit Apartment Building
6-Unit Apartment Building

3409 Prestwood Dr, Louisville, KY 40219

$459,999
5,103 sqft 0.21 AC lot

Each residence has two bedrooms, one bath, laundry hookups, and an open living-dining area.

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Mixed-Use Property with Laundromat
Mixed-Use Property with Laundromat

4735 Rockford Plaza, Louisville, KY 40216

$800,000
4,864 sqft 0.17 AC lot

C-1-zoned property combines a first-floor laundry business configuration with three upstairs two-bedroom apartments.

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Eight-Unit Apartment Building
Eight-Unit Apartment Building

1646 Beechwood Ave, Louisville, KY 40204

$1,069,900
6,909 sqft 0.16 AC lot

Updated multifamily property with separately metered gas and electric service.

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Three-Story Brick Quadplex
Three-Story Brick Quadplex

2114 Bonnycastle Ave, Louisville, KY 40205

$695,000
5,200 sqft 0.21 AC lot

Four residential units offer varied layouts, private outdoor space, basement laundry, and detached garage capacity.

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11-Unit Brick Apartment Building
11-Unit Brick Apartment Building

1524 S 4th St, Louisville, KY 40208

$1,250,000
9,648 sqft 0.18 AC lot

Historic-district multifamily property near the University of Louisville’s Belknap Campus, with a mix of one- and three-bedroom residences.

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Brick Apartment Building Near University
Brick Apartment Building Near University

1703 S 4th St, Louisville, KY 40208

$419,000
4,323 sqft 0.08 AC lot

Three-story residential income property with updated apartments, retained appliances, and period architectural details.

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32-Unit Apartment Building
32-Unit Apartment Building

1122 Garvin Pl, Louisville, KY 40203

$2,599,000
17,404 sqft 0.48 AC lot

Concrete, block, and stucco construction includes balconies, basement space, and on-site laundry facilities.

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6-Unit Apartment Building
6-Unit Apartment Building

1155 S 28th St, Louisville, KY 40211

$699,900
7,959 sqft

Three-bedroom apartments feature separate gas and electric metering, with tenants responsible for those utilities.

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Renovated Mixed-Use Triplex
Renovated Mixed-Use Triplex

1110 Logan St, Louisville, KY 40204

$850,000
3,625 sqft 0.17 AC lot

Fully occupied three-unit property with commercial space, furnished residences, separate metering, and off-street parking.

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5-Unit Apartment Building with Basement Studio
5-Unit Apartment Building with Basement Studio

1936 Gardiner Ln, Louisville, KY 40205

$625,000
5,608 sqft

Fully occupied multifamily property with hardwood flooring, carpet, private finished basement areas, and laundry hookups.

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Updated Four-Unit Quadplex
Updated Four-Unit Quadplex

911 Goss Ave, Louisville, KY 40217

$490,000
4,125 sqft 0.16 AC lot

Fully leased quadplex with updated electric meters, two new decks, and public water and sewer service.

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Mixed-Use Property with Salon
Mixed-Use Property with Salon

1905 Bardstown Rd #2, Louisville, KY 40205

$900,000
5,102 sqft

A wellness-oriented commercial space is paired with three residential apartments, including one currently occupied unit.

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Duplex with Separate Entrances
Duplex with Separate Entrances

971 Goss Ave, Louisville, KY 40217

$225,000
1,102 sqft 0.11 AC lot

Two vacant one-bedroom residences include refreshed kitchens and baths, in-unit laundry, and separately metered utilities.

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Six-Unit Multifamily Property
Six-Unit Multifamily Property

1456 S 4th St, Louisville, KY 40208

$699,000
7,233 sqft

Fully occupied apartment property with updated interiors, separately metered utilities, and on-site covered parking.

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Brick Ranch Duplex
Brick Ranch Duplex

3031-3033 Wirth Ave, Louisville, KY 40217

$335,000
2,164 sqft 0.24 AC lot

Two separate residences have individual entrances and dedicated HVAC systems, water heaters, gas meters, and electric meters.

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Louisville, KY Residential Income Properties Market Trends and Statistics

Explore 287 residential income properties for sale in Louisville, KY, showcased through 287 active listings on our real estate platform. These investment opportunities span a total of 1,639,544 square feet of properties for sale, with an estimated market value of $176,635,497.

Sale prices for residential investment properties in Louisville, KY start at $69,900, averaging $651,791, and reaching up to $9,950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Multifamily properties 286
Duplexes 92
Apartment buildings 86
Quadplexes 52
Triplexes 30

Demographics Overview

Population 766K
Population Growth (5Y) +4.3%
Median Household Income $70,176
College Educated 23.2%

High-Yield Neighborhoods for Investment

Identify Louisville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
40215 $230K
40272 $255.3K
40212 $294.1K
40299 $376.6K
40210 $384.8K

Taxes & Financing

Tax Rate (average for all types) 1.23%
Property Tax per SF $13.35 per SF
Tax Rate vs County Average 0.01 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Jefferson County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale Residential Income pricing trends in Jefferson County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Louisville fall within the 100,000+ square foot range.

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