Rare opportunity to own a fully rented triplex in the heart of the Original Highlands, just steps from Bardstown Road, Logan Street Market, and Paristown Hall. This charming property features two apartments on the first floor and one large apartment on the second. Apartment 1 is an efficiency unit currently leased month-to-month. Apartment 2 is a one-bedroom, one-bath unit with a lease in place through November 2025. Apartment 3 spans the entire second floor and offers three-bedrooms, two full baths, and a private balcony, leased through October 2026. Each unit includes its own washer/dryer, decorative fireplace, and ceiling fans, offering the perfect blend of historic character and modern comfort. Recent exterior upgrades include new vinyl siding (2024), new gutters (2023), and a full exterior repaint (2025). There is also a storage shed available for use by the owner or tenants. Surrounded by tree-lined streets, classic architecture, and walkable access to some of Louisville's most beloved restaurants, parks, and cafes, this property presents a rare chance to own a low-maintenance, income-producing gem in one of the city's most desirable rental corridors. Ideal for both investors and owner-occupants looking to enjoy the Highlands lifestyle while generating rental income.The price reflects the owner's desire to sell the property as-is; buyers are welcome to conduct inspections.
Under contract
$425,000
1338 Morton Ave, Louisville, KY 40204
5beds
4baths
2,741sqft
Est.:
Triplex
Built in 1900
-- sqft lot
$-- Zestimate®
$155/sqft
$-- HOA
What's special
Private balconyDecorative fireplaceNew vinyl sidingFull exterior repaintNew guttersTree-lined streetsCeiling fans
- 73 days
- on Zillow |
- 265 |
- 12 |
Zillow last checked: 7 hours ago
Listing updated: July 28, 2025 at 01:41pm
Listed by:
Beth Schilling 502-649-5251,
Lenihan Sotheby's International Realty
Source: GLARMLS,MLS#: 1689475

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Heating
- Forced Air, Natural Gas
Features
- Has basement: Yes
Interior area
- Total structure area: 2,741
- Total interior livable area: 2,741 sqft
- Finished area above ground: 2,741
- Finished area below ground: 0
Property
Features
- Patio & porch: Deck, Porch
- Exterior features: None
Lot
- Size: 3,920.4 Square Feet
- Features: Corner Lot, Sidewalk
Details
- Additional structures: Outbuilding
- Parcel number: 09027A00410000
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Triplex
- Attached to another structure: Yes
Materials
- Vinyl Siding
- Roof: Shingle
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Louisville
Financial & listing details
- Price per square foot: $155/sqft
- Tax assessed value: $247,300
- Annual tax amount: $3,398
- Date on market: 6/18/2025
- Tenant pays: Water, See Remarks
- Electric utility on property: Yes
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