4207 Norene Ln, Louisville, KY 40219
- $350,000
- 3,348
- SqFt
- List Price
- $350,000
- MLS#
- 1673020
- Status
- ACTIVE UNDER CONTRACT
- Type
- Multifamily
- City
- Louisville
- Area
- 6 - Buechel / Highview / Oklona / Fern Creek
- County
- Jefferson
- Living Area
- 3,348
- Lot Size
- 8,973
- Year Built
- 1960
Property Description
Investor's dream! This all-brick 4-plex is located in the heart of Louisville, KY, one of the fastest growing markets in the region. This area specifically has seen a 46% increase in property values over just the last five years. Louisville is known for its solid brick investment properties, offering minimal maintenance and long-term durability—this property is no exception. This quadplex is the definition of a value add play-with units needing to be turned and significant growth in rental income possible. With a rent roll of $4920 being possible (per the HUD FMR 2025 rates), there is an opportunity to come in and increase the income as well for another easy value add opportunity. Don't miss this opportunity to capitalize on Louisville's booming real estate market!
Additional Information
- Acres
- 0.21
- Exterior
- None
- Living Area
- 3,348
- Lot Dimensions
- .21
- Region
- 6 - Buechel / Highview / Oklona / Fern Creek
- Style
- Townhouse
- Utilities
- City Sewer, City Water, Electricity Connected, Fuel:Natural
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Listing courtesy of Keller Williams Louisville East.