Investor Alert - Two Updated 4-Plexes in High-Growth Area! Don't miss this incredible opportunity to add two income-producing 4-plexes—12511 & 12513 Orell Rd—to your investment portfolio for just $650,000. Professionally managed by LREI Property Management, these properties are primed for strong returns. Each building features four spacious 1-bedroom, 1-bath units, and over the last 3.5 years, more than $100K in updates have been completed. 7 of the 8 units have been renovated, with improvements including, 4 new HVAC units, luxury vinyl plank flooring, updated kitchen appliances, some new hot water heaters, fresh interior paint, new blinds, refinished bathtubs, some updated vanities, painted kitchen cabinets and some new gutters and window repairs. With the major capital expenses already addressed, you'll benefit from low maintenance costs and increased rental appeal. There's also significant upside potential as leases turn over, you can align rents with local market rates. Comparable 1BR/1BA units in the area are renting for upwards of $800/month, giving you room to grow the rent roll and maximize ROI. Located in zip code 40272, a high-demand area fueled by economic growth from the new factory in Hardin County, this property is also convenient to transit services, interstates, restaurants, shopping and entertainment. Whether you're a seasoned investor, looking to expand your portfolio or looking to get started with your first investment property purchase, this is a prime opportunity with strong cash flow potential and long-term value. Schedule your showing today!
Sold for $290,000 on 07/10/25
$290,000
12513 E Orell Rd, Louisville, KY 40272
4beds
4baths
2,750sqft
Quadruplex
Built in 1973
-- sqft lot
$290,700 Zestimate®
$105/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 09, 2025 at 10:16pm
Listed by:
Shawn Owens 502-640-6890,
Beck Realty Group
Bought with:
NON MEMBER
Source: GLARMLS,MLS#: 1687862

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Features
- Has basement: No
Interior area
- Total structure area: 2,750
- Total interior livable area: 2,750 sqft
- Finished area above ground: 2,750
- Finished area below ground: 0
Property
Features
- Exterior features: None
Lot
- Size: 9,147 sqft
Details
- Parcel number: 138000380000
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Quadruplex
- Attached to another structure: Yes
Materials
- Brick
- Roof: Shingle
Condition
- Year built: 1973
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & neighborhood
Location
- Region: Louisville
- Subdivision: None
HOA & financial
HOA
- Has HOA: No
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$290,700
2% more+ $5,814
With Zillow Showcase(estimated)
$296,514