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George & Julie Green

george@greenteamres.com +1(502) 439-7596

$ 980,000

Est. payment -/mo

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Active

3610 Del Park TER Louisville, KY 40211

16 Beds

14 Baths

9,824 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 9,824 sqft

Price per Sqft $99

Subdivision Lindell

MLS Listing ID 1711511

Style Other

Bedrooms 16

HOA Y/N No

Abv Grd Liv Area 9,824

Year Built 1929

Property Sub-Type Quadruplex

Source APEX MLS (Greater Louisville Association of REALTORS®)

Land Area 9824

Property Description

Value-add 14-unit multifamily investment opportunity in West Louisville. The property consists entirely of 1-bedroom, 1-bath units, with 12 units approximately 550+ SF and 2 units approximately 800+ SF. Currently generating ~$8,000/month in gross income with four vacancies, including two recently renovated units now in lease-up, offering immediate upside through stabilization and rent normalization. Market rents are $800+ for market tenants (tenant-paid gas and electric) and $950+ for Section 8 (gross). Each unit is individually metered for LG&E, with water/sewer common. Recent ownership upgrades help reduce near-term CAPEX. Convenient location with quick access to I-264 and major Louisville corridors, positioned in an area seeing continued community investment and redevelopment.

Location

State KY

County Jefferson

Direction From Downtown Louisville, take W Broadway west, turn right on Lindell Ave, then right on Del Park Terrace. Property will be on the right at 3610 Del Park Terrace.

Interior

Heating Radiant, Other

Cooling Central Air, Wall/Window Unit(s)

Exterior

Exterior Feature None

View Y/N No

Roof Type Asphalt

Garage No

Building

Sewer Public Sewer

Water Public

Architectural Style Other

Structure Type Brick Veneer

Greater Louisville MLS (Metro Search Inc)

Listed by Colliers

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George & Julie Green

Team Lead | License ID: 65330

+1(502) 439-7596 | george@greenteamres.com

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George & Julie Green

3610 Del Park TER Louisville, KY 40211

Key Details

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Exterior

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3610 Del Park TER