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    Louisville, KY Residential Income Properties for Sale

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    Mixed-Use Corner Building with Office
    Updated: Jul 1
    Mixed-Use Corner Building with Office

    231 N 19th St, Louisville, KY 40203

    $475,000
    5,470 sqft 0.30 AC lot
    Historic 1890 mixed‑use corner property with 3 residential units plus office space
    Includes 2 adjacent vacant lots (227 & 229 N 19th) totaling approx. 0.3 acres
    Garage plus garage apartment above, with fenced gravel yard off the main level
    Income details: main office rents for $1,200/mo; 1BR rents for $800/mo; 3BR rents $1,000–$1,200/mo
    Commercial/residential layout includes main level office areas, multiple bedrooms and 3 bathrooms, and basement living area
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    This listing looks promising.

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    231 N 19th St, Louisville, KY 40203

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    • Est. Cap Rate

      7.8%
      Above avg (5.9%)

    • Est. NOI

      $37K
      Annual

    • Price @ 7% Cap

      $532K
      Above asking

    • Property Type

      Apartments (Generic)
      Built 1890
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    Six-Unit Multifamily Building
    Updated: Jul 28
    Six-Unit Multifamily Building

    2613 W Main Street, Louisville, KY 40212

    $850,000
    4,905 sqft 0.27 AC lot
    Six occupied units for in‑place rental occupancy
    0.268‑acre site with 4,905 SF total building area
    Brick and vinyl siding construction with shingle roof
    Heating: natural gas forced air plus ductless and electric options
    Cooling: central air, ceiling fans, and ductless systems
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    7-Unit Multifamily Property
    7-Unit Multifamily Property

    1271 Cherokee Rd, Louisville, KY 40204

    $1,290,000
    6,285 sqft 0.24 AC lot

    7-unit multifamily with main residence and separate carriage house; two units currently vacant and recently improved.

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    Six-Unit Apartment Building with Laundry Rooms
    Six-Unit Apartment Building with Laundry Rooms

    3217 Fordhaven Rd, Louisville, KY 40214

    $500,000
    5,270 sqft

    Six-unit apartment building with identical 2-bed, 1-bath layouts, dedicated laundry rooms, and central air.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    257-Room Building on 5.29 Acres
    257-Room Building on 5.29 Acres

    4004 Gardiner Point Drive, Louisville, KY 40213

    $9,950,000
    142,754 sqft 5.29 AC lot

    142,754 SF building on 5.29 acres with 341 parking spaces.

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    Three-Story Brick Four-Plex
    Three-Story Brick Four-Plex

    2114 Bonnycastle Ave, Louisville, KY 40205

    $749,000
    5,200 sqft 0.21 AC lot

    Four spacious units, including a vacant oversized first-floor home, plus basement laundry, fenced yard, and rear garages.

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    8-Unit Apartment Building
    8-Unit Apartment Building

    3944 S 3rd St, Louisville, KY 40214

    $720,000
    4,944 sqft 0.12 AC lot

    Eight 1-bedroom, 1-bath units are separately metered, with off-street parking on a corner lot.

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    5-Unit Italianate Apartment Building
    5-Unit Italianate Apartment Building

    1130 S Brook St, Louisville, KY 40203

    $570,000
    4,163 sqft

    Five-unit Italianate apartment building with extensively renovated interiors and a detached garage for tenant use.

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    Improved Fourplex with Off-Street Parking
    Improved Fourplex with Off-Street Parking

    1614 S THIRD ST, Louisville, KY 40208

    Contact for pricing
    4,112 sqft

    Fourplex with off-street rear parking and recent updates including a new roof and sewer line.

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    Victorian Triplex Income Property
    Victorian Triplex Income Property

    104 S Birchwood Ave, Louisville, KY 40206

    $867,020
    5,590 sqft 0.36 AC lot

    Triplex on a 0.36-acre lot with three units, including a 2 bed/1 bath and a 4 bed/2 bath plus an attached carriage house.

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    5-Unit Apartment Building
    5-Unit Apartment Building

    1475 S 3rd St, Louisville, KY 40208

    $599,000
    4,786 sqft

    Five-unit apartment building with extensive renovations including updated kitchens, bathrooms, windows, and HVAC systems.

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    Renovated 11-Unit Apartment Building
    Renovated 11-Unit Apartment Building

    2189 Baringer Avenue, Louisville, KY 40204

    Contact for pricing
    9,144 sqft

    An 11-unit, 2BR/1BA apartment building with recent renovations and off-street parking at the rear.

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    Mixed-Use Office and Residential Building
    Mixed-Use Office and Residential Building

    1807 Brownsboro Rd, Louisville, KY 40206

    $1,350,000
    3,264 sqft 0.13 AC lot

    Completely renovated mixed-use building with reception, offices, and four upstairs bedroom suites each with a full bathroom.

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    32-Unit Old Louisville Apartment Building
    32-Unit Old Louisville Apartment Building

    1122 Garvin Pl, Louisville, KY 40203

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

    32 one-bedroom apartments with on-site laundry and an on-site manager space in Louisville’s Old Louisville area.

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    32-Unit Apartment Building
    32-Unit Apartment Building

    1122 GARVIN PL, Louisville, KY 40203

    Contact for pricing
    13,908 sqft

    32 one-bedroom units with an on-site manager’s space and basement laundry facilities in a residential income property.

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    Renovated 5-Unit Multifamily Building
    Renovated 5-Unit Multifamily Building

    918 Ash St, Louisville, KY 40217

    $500,000
    3,540 sqft 0.14 AC lot

    Five-unit multifamily with four renovated units, central heat and air, and a shared first-floor laundry.

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    Highlands Multifamily Investment Opportunity
    Highlands Multifamily Investment Opportunity

    1646 Beechwood Ave, Louisville, KY 40204

    $1,100,000
    6,909 sqft 0.16 AC lot

    Turnkey investment property with high income in Louisville, Kentucky.

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    Turnkey Eight-Unit Multifamily Property
    Turnkey Eight-Unit Multifamily Property

    1646 BEECHWOOD AVE, Louisville, KY 40204

    Contact for pricing
    6,909 sqft

    Eight-unit investment property with separate gas/electric metering and updated roof, HVAC, windows, and parking lot.

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    All-Brick Duplex with Covered Parking
    All-Brick Duplex with Covered Parking

    2217 Grinstead Dr, Louisville, KY 40204

    $575,000
    2,950 sqft 0.23 AC lot

    Well-maintained all-brick duplex features two units, updated heating with two new furnaces, and a 4-car covered carport.

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    Six-Unit Apartment Building
    Six-Unit Apartment Building

    1224 CHEROKEE RD, Louisville, KY 40204

    Contact for pricing
    8,550 sqft

    Apartment building offering separately metered utilities, rear egress to shared yard, and four vacant garages.

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    Renovated Louisville Apartments For Sale
    Renovated Louisville Apartments For Sale

    401 Kenilworth Road |, Louisville, KY 40206

    $1,250,000
    0.40 AC lot

    Thirteen fully occupied units in desirable Louisville location.

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    Cherokee Road Apartment Building
    Cherokee Road Apartment Building

    1224 Cherokee Rd, Louisville, KY 40204

    $1,000,000
    8,550 sqft

    Six-unit apartment building in Louisville's Cherokee Triangle.

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    Historic Five-Unit Short-Term Rental
    Historic Five-Unit Short-Term Rental

    218 South Clay Street, Louisville, KY 40202

    Contact for pricing
    5,948 sqft

    Turnkey five-unit short-term rental in a landmark building originally constructed in 1843.

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    Renovated Duplex with Separate Entrances
    Renovated Duplex with Separate Entrances

    13020 E Orell Rd, Louisville, KY 40272

    $230,000
    1,865 sqft 0.45 AC lot

    Fully renovated duplex with independent upper and lower living areas, each with private entrance and separate utilities.

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    Louisville, KY Residential Income Properties Market Trends and Statistics

    Explore 155 residential income properties for sale in Louisville, KY, showcased through 155 active listings on our real estate platform. These investment opportunities span a total of 1,184,404 square feet of properties for sale, with an estimated market value of $60,537,618.

    Sale prices for residential income properties in Louisville, KY start at $48,000, averaging $703,925, and reaching up to $10,000,000 — 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 160
    Apartment buildings 70
    Duplexes 39
    Quadplexes 24
    Triplexes 11

    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
    40209 $162K
    40212 $226.4K
    40211 $255.2K
    40210 $270K
    40272 $295K

    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)

    Property Size Breakdown

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

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    Most Searched ZIP Codes in Louisville, KY

    • 40208
    • 40204
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    • 40211
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    • 40216
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    • 40272
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