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Sold for $325,000 on 08/30/22
  • $325,000

    12615 E Orell Rd, Louisville, KY 40272

    --beds
    --baths
    7,950sqft
    Quadruplex
    Built in 1967
    -- sqft lot
    $473,300 Zestimate®
    $41/sqft
    $1,018 Estimated rent

    What's special

    This listing includes 12613, 12615, and 12617 E Orell Rd and the 12+ spot parking lot adjoining them. 12 one-bedroom units all in need of lots of love. Separately metered except water. Tenants pay gas/ electric. Most tenants are behind on rent, owner moved out of state handed it off to a PM and it's now in a poor state. Sale is as-is. His loss is your gain. P&L not available. Rent roll not available due to most tenants being far behind, but current rents are $400-450/ month. Best strategy will likely to be to vacate most or all units and renovate and re-rent. Structurally, the buildings appear to be sound. Newer roofs. Will likely not qualify for traditional financing. Likely hard money or cash only. NO SHOWINGS UNTIL AFTER AN ACCEPTED OFFER. Agents, see notes. DO NOT DISTURB TENANTS!

    Zillow last checked: 7 hours ago

    Listing updated: November 25, 2024 at 07:33pm

    Listed by:

    Ben Helms 502-777-7517,

    United Real Estate Louisville

    Bought with:

    Ben Helms, 218032

    United Real Estate Louisville

    Source: GLARMLS,MLS#: 1617061MLS Logo

    Facts & features

    Interior

    Heating
    • Forced Air
    Cooling
    • None
    Features
    • Has basement: No
    Interior area
    • Total structure area: 7,950
    • Total interior livable area: 7,950 sqft
    • Finished area above ground: 7,950
    • Finished area below ground: 0

    Property

    Features
    • Exterior features: None
    Lot
    • Size: 0.74 Acres
    Details
    • Parcel number: 138000130000

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Materials
    • Brick
    • Roof: Shingle
    Condition
    • Year built: 1967

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity 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 .
    $473,300
    2% more+ $9,466
    With Zillow Showcase(estimated)
    $482,766