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!
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
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#: 1617061

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