Here is a great chance to pick up a well-cared-for quadplex that's already performing. All four units feature two bedrooms and one bath, and the building is fully rented with dependable, long-term tenants who treat the space like home. Unit 3 will be turning over at the end of the year, giving the new owner an easy opportunity to refresh the unit or adjust the rent to market rates.
Residents enjoy a shared patio area, a large backyard, and two covered parking spaces. Several updates are already done, and there's still room for rent growth as units turn over, making this a solid investment whether you are expanding your portfolio or stepping into your first multifamily.
For sale
$400,000
2212 Gerald Ct, Louisville, KY 40218
8beds
4baths
4,060sqft
Est.:
Quadruplex
Built in 1955
-- sqft lot
$407,500 Zestimate®
$99/sqft
$-- HOA
What's special
Shared patio areaLarge backyardTwo covered parking spaces
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