This well-positioned 16-unit multifamily property is located in a mature, stable South Louisville neighborhood, offering both immediate income and long-term upside.
The property includes extensive renovations in most apartments and an upgraded parking lot. Each of the spacious 1-bedroom, 1-bathroom units is individually metered for gas and electric, providing efficient utility management. On-site laundry facilities add convenience for residents and additional revenue.
Ideally situated adjacent to a large industrial park and near major employment centers, this property caters perfectly to the workforce housing segment — a consistently strong performer in the Louisville market. The community also borders a quiet single-family neighborhood, offering tenants a comfortable residential environment. With steady demand for workforce housing and continued rent growth across the market, investors can expect high occupancy and reliable cash flow.
For sale
$1,184,000
7602 Garrison Rd, Louisville, KY 40214
--beds
2baths
10,434sqft
Est.:
Apartment
Built in 1970
-- sqft lot
$-- Zestimate®
$113/sqft
$-- HOA
What's special
Upgraded parking lotOn-site laundry facilities
- 14 days |
- 242 |
- 12 |
Zillow last checked: 8 hours ago
Listing updated: January 11, 2026 at 01:25pm
Listed by:
Jenny Johnston 502-645-1729,
PRG Commercial Property Advisors
Source: GLARMLS,MLS#: 1706798
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 2
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Features
- Has basement: No
Interior area
- Total structure area: 10,434
- Total interior livable area: 10,434 sqft
- Finished area above ground: 10,434
- Finished area below ground: 0
Property
Features
- Exterior features: None
Lot
- Features: Sidewalk
Details
- Parcel number: 24139303160000
Construction
Type & style
- Home type: Apartment
- Property subtype: Apartment
- Attached to another structure: Yes
Materials
- Brick
- Roof: Asphalt
Condition
- Year built: 1970
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Louisville
Financial & listing details
- Price per square foot: $113/sqft
- Date on market: 1/11/2026
- Tenant pays: Electricity, Gas
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$1,531/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/11/2026 | Listed for sale | $1,184,000-42.2%$113/sqft |
Source: | ||
| 10/31/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 9/12/2023 | Listed for rent | $750+33.9% |
Source: Zillow Rentals Report a problem | ||
| 5/20/2023 | Listing removed | $2,050,000$196/sqft |
Source: | ||
| 5/12/2023 | Listed for sale | $2,050,000$196/sqft |
Source: | ||
Public tax history
BuyAbility℠ payment
Est. payment
$5,903/mo
Principal & interest
$4591
Property taxes
$898
Home insurance
$414
Climate risks
Neighborhood: Fairdale
Nearby schools
GreatSchools rating
- 3/10Auburndale Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 2/10Frederick Law Olmsted Academy SouthGrades: 6-8Distance: 2.8 mi
- 1/10Fairdale High School McaGrades: 9-12Distance: 1.6 mi








