This Louisville triplex for sale offers a strong value-add investment opportunity with one vacant unit ready to be leased. Current income is $1,700/month ($500 + $1,200 + vacant), with pro forma rents significantly higher once stabilized-easily beating the 1% rule. Investors can immediately boost returns by filling the vacancy and capturing upside potential. Louisville's multifamily market has shown double-digit appreciation with a 19.47% increase in median sales price year-over-year, proving the strength of this location. Whether you're expanding your portfolio or entering the market, this triplex investment property in Louisville, KY is positioned for cash flow and appreciation.
For sale
$240,000
729 S 39th St, Louisville, KY 40211
5beds
2baths
3,217sqft
Est.:
Triplex
Built in 1935
-- sqft lot
$236,900 Zestimate®
$75/sqft
$-- HOA
What's special
- 4 days |
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