1382 Ouerbacker Ct,Louisville, KY 40208
Louisville, KY 40208
Description
Located on a quiet walking court in historic Old Louisville, this 5-unit multifamily property offers a solid investment opportunity on a highly desirable walking court and in a well-established rental market. The asset features a one 2-bedroom unit, two 1-bedroom units and two studios, providing flexibility and appeal to a broad tenant base. The property benefits from consistent demand due to its proximity to the University of Louisville, attracting students, faculty, and area residents. This location supports stable occupancy and long-term rental potential. Currently under professional management, the asset offers operational stability and a streamlined ownership experience. It has coin-operated laundry, boiler heat, and window unit air conditioning. It is well-suited for both first-time investors entering the multifamily sector and experienced owners seeking to expand their presence in this sub-market.
Details
| MLS # | 1713854 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1920 |
| Days On Site | 161 |
| Listing Provided By | Colliers | Jenny Johnston |
Features
| SQ Feet | 3,320 |
|---|---|
| Basement | Y |
| Units | 5 |
| Acreage | 0.09 |
Area Information
| State | KY |
|---|---|
| County | Jefferson |
| City | Louisville |
| Zip Code | 40208 |
| Area | 01 Dtwn Old Louisville | Shively | West Lou |
| Listing VS Median (in 40208) | |
Price: $469,000 low | high Med: $180,000 sqft: 3,320 low | high Med: 1,363 $ / sqft: $141 low | high Med: $132 On site: 161 low | high Med: 120 | |
Market Activity 40208
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Learn More About This Property
| State | KY |
|---|---|
| County | Jefferson |
| City | Louisville |
| Zip Code | 40208 |
| Area | 01 Dtwn Old Louisville | Shively | West Lou |
| Listing VS Median (in 40208) | |
Price: $469,000 low | high Med: $180,000 sqft: 3,320 low | high Med: 1,363 $ / sqft: $141 low | high Med: $132 On site: 161 low | high Med: 120 | |
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