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Sold for $75,000 on 07/11/25
  • $75,000

    4534 Lake Dreamland Dr, Louisville, KY 40216

    3beds
    1,824sqft
    Single Family Residence
    Built in 1938
    8,712 Square Feet Lot
    $-- Zestimate®
    $41/sqft
    $1,591 Estimated rent

    What's special

    Investor alert! Welcome to 4534 Lake Dreamland Dr, a unique opportunity tucked into a quiet, wooded neighborhood in Louisville, KY. This property is perfect for an investor looking to create two rental units with excellent potential for cash flow. The downstairs unit is fully complete, featuring three spacious bedrooms and one full bathroom, along with a private deck and outdoor space ideal for relaxing or entertaining. The upstairs unit is partially finished and, once completed, will mirror the lower level with its own three-bedroom, one-bathroom layout—doubling your income possibilities. The home also offers plenty of parking, providing convenience for tenants or guests, and the lot has ample space for outdoor use or future improvements. Located just minutes from (cont. >> >>) Cane Run Road, this property offers both privacy and convenience. Nearby, you'll find everyday amenities like grocery stores, including Kroger and Dollar General, along with a variety of local dining options from quick takeout to sit-down restaurants. The area is also home to several community parks such as Riverside Gardens Park, where you can enjoy river views, green space, and walking trails. With easy access to I-264, commuting to downtown Louisville, the airport, or other parts of the city is a breeze. Whether you're planning to rent both units or live in one while generating income from the other, this property offers smart, flexible investment potential in a well-established part of Louisville.

    Zillow last checked: 7 hours ago

    Listing updated: August 10, 2025 at 10:17pm

    Listed by:

    Mission Impact Group,

    Keller Williams Louisville East,

    Andrew D Beckmann 502-641-5411

    Bought with:

    Anna Johnson, 221997

    Keller Williams Realty- Louisville

    Source: GLARMLS,MLS#: 1684034MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Primary bedroom
    • Level: First
    Bedroom
    • Level: First
    Bedroom
    • Level: First
    Full bathroom
    • Level: First
    Kitchen
    • Description: Eat in Kitchen
    • Level: First
    Laundry
    • Level: Basement
    Living room
    • Level: First
    Heating
    • Forced Air
    Cooling
    • Central Air
    Features
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 1,824
    • Total interior livable area: 1,824 sqft
    • Finished area above ground: 1,824
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached, Driveway
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Stories: 2
    • Patio & porch: Deck
    • Fencing: Wood
    Lot
    • Size: 8,712 sqft
    • Features: Cleared, Level
    Details
    • Parcel number: 100600820000

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding
    • Foundation: Concrete Perimeter
    • Roof: Shingle
    Condition
    • Year built: 1938

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Electricity Connected

    Community & neighborhood

    Location
    • Region: Louisville
    • Subdivision: Lake Dreamland

    HOA & financial

    HOA
    • Has HOA: No
    Services availability