Prime 5-Unit Investment Opportunity Near University Campus
Seize this rare chance to acquire a 5-unit multi-family property with 12 bedrooms and 11 baths, strategically located on S 4th St—the heart of student housing demand. This property is just moments from a prominent local university, ensuring a steady stream of tenants and a robust rental income. With an estimated potential yearly income of approximately $51,000, this is an investment with significant cash flow potential. A full rent roll can be found in the documents.
This property is a fantastic mix of occupied and vacant units, offering an immediate return on investment and a strong opportunity for a new owner to implement strategic renovations and push rents to their full market potential.
Layout & Location... Walkable to Cardinal Boulevard and the core of the university campus, this location is a top choice for students and faculty. The property is designed for efficiency and demand, with the following layout:
First Floor: Three units, each with 1 bathroom.
Second Floor: Three units, each with 1 bathroom.
Third Floor: Two studio units, each with 1 bathroom.
Basement: Four units
Showing & Disclosures
Vacant units and common areas can be shown via ShowingTime. Occupied units require 48 hours' notice. Tenants pay $100/month for electric and $100/month for water.
Disclosure: Property is being sold AS-IS. Buyer to verify all information.
Note: This investor is liquidating their portfolio. Inquire for additional properties in the area. Don't miss this chance to acquire a high-yield asset in a prime location!
Pending
Price cut: $10K (7/16)
$630,000
1633 S 4th St, Louisville, KY 40208
12beds
11baths
3,598sqft
Est.:
Apartment
Built in 1900
-- sqft lot
$-- Zestimate®
$175/sqft
$-- HOA
What's special
- 95 days
- on Zillow |
- 134 |
- 3 |
Zillow last checked: 7 hours ago
Listing updated: August 28, 2025 at 07:07am
Listed by:
Beth Green 502-836-3027,
RE Solutions LLC
Source: GLARMLS,MLS#: 1688103

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 11
Heating
- Forced Air
Cooling
- Wall/Window Unit(s)
Features
- Has basement: Yes
Interior area
- Total structure area: 3,598
- Total interior livable area: 3,598 sqft
- Finished area above ground: 3,598
- Finished area below ground: 0
Property
Features
- Patio & porch: Deck, Porch
- Exterior features: None
Lot
- Size: 3,920.4 Square Feet
- Features: Sidewalk
Details
- Parcel number: 033C00490000
Construction
Type & style
- Home type: Apartment
- Architectural style: Traditional
- Property subtype: Apartment
- Attached to another structure: Yes
Materials
- Brick
- Roof: Shingle
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected
Community & HOA
Community
- Subdivision: Old Louisville
HOA
- Has HOA: No
Location
- Region: Louisville
Financial & listing details
- Price per square foot: $175/sqft
- Date on market: 7/7/2025
- Electric utility on property: Yes
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