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Under contract
  • $425,000

    1338 Morton Ave, Louisville, KY 40204

    5beds
    4baths
    2,741sqft
    : 
    Triplex
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $155/sqft
    $-- HOA

    What's special

    Private balconyDecorative fireplaceNew vinyl sidingFull exterior repaintNew guttersTree-lined streetsCeiling fans
    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.
    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#: 1689475MLS Logo
    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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