This quality workforce housing property is comprised of 6 units that are all 2BR/1BA . The property has had updates to all the common areas and three of the units have been renovated. Further upside exists with renovation to the units as they come available to achieve higher rents.
Hikes Point is a very mature, stable submarket of Louisville and boasts attractive area amenities as well as proximity to Louisville's premier suburban medical district.
The Louisville market experiences very high demand for workforce housing due to limited inventory, so investors will continue to enjoy strong occupancy and rent growth.
Additional units are available as part of a larger portfolio offering. Inquire with the listing agent for more information. Link to a deal room with rent roll here:
https://connect.prgproperty.com/deal-room/296?signature=e691d31dacffec4dd3f0e7e0ba2280fe7113a7939045d783589a17d4c0a301f6
Sold for $2,090,000 on 07/09/25
$2,090,000
3005 Mid Dale Ln, Louisville, KY 40220
--beds
--baths
5,565sqft
Apartment
Built in 1969
-- sqft lot
$-- Zestimate®
$376/sqft
$1,396 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 16, 2025 at 05:27pm
Listed by:
Reed B Weinberg 502-365-3840,
PRG Commercial Property Advisors
Bought with:
Reed B Weinberg, 203845
PRG Commercial Property Advisors
Source: GLARMLS,MLS#: 1685584

Facts & features
Interior
Heating
- Natural Gas
Cooling
- Central Air
Features
- Has basement: No
Interior area
- Total structure area: 3,710
- Total interior livable area: 5,565 sqft
- Finished area above ground: 3,710
- Finished area below ground: 1,855
Property
Features
- Exterior features: None
Lot
- Size: 0.27 Acres
- Dimensions: 167 x 70
Details
- Parcel number: 0
Construction
Type & style
- Home type: Apartment
- Property subtype: Apartment
- Attached to another structure: Yes
Materials
- Brick
- Roof: Shingle
Condition
- Year built: 1969
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