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George & Julie Green

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

$ 950,000

Est. payment -/mo

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Active Under Contract

1909 San Jose Ave Louisville, KY 40216

12 Beds

12 Baths

6,048 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Apartment

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 6,048 sqft

Price per Sqft $157

Subdivision Roggenkamp Place

MLS Listing ID 1713938

Style High Rise

Bedrooms 12

HOA Y/N No

Abv Grd Liv Area 6,048

Year Built 1963

Property Sub-Type Apartment

Source APEX MLS (Greater Louisville Association of REALTORS®)

Land Area 6048

Property Description

Strong Performing 12-Unit Investment Opportunity on Corner Lot! This well-maintained 12-plex sits on a desirable corner lot with ample off-street parking, making it highly attractive to tenants. The property has seen numerous updates, including the addition of a coin-operated laundry facility in the basement—providing both tenant convenience and an additional income stream. The current rent roll is $9,050/month, with scheduled increases bringing it to $9,400/month as of June 1, 2026. Over the past two years, ownership has successfully increased rents from $6,575 to current levels, demonstrating proven upside and continued value-add potential. Operating at a solid 7.8% cap rate, this asset offers strong cash flow with room for further growth. Operating at a solid 7.8% cap rate, this asset offers strong cash flow with room for further growth. A turnkey investment that is easy to manage and positioned for continued income expansion.

Location

State KY

County Jefferson

Direction I264 Watterson Expwy to Dixie Hwy then turn right onto San Jose Ave

Interior

Heating Other

Cooling Wall/Window Unit(s)

Exterior

Exterior Feature None

View Y/N No

Roof Type Shingle

Garage No

Building

Lot Description Corner Lot, Sidewalk

Building Description Brick, Laundry Facility

Sewer Public Sewer

Water Public

Architectural Style High Rise

Structure Type Brick

Greater Louisville MLS (Metro Search Inc)

Listed by Genesis Realty LLC

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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

1909 San Jose Ave Louisville, KY 40216

Key Details

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1909 San Jose Ave