For Sale
$339,000

2926 Dixie HwyLouisville, KY 40216

Four-unit rental property, high occupancy.

Overview

Added:
Dec 11, 2024
Days on market:
123
This multifamily investment opportunity in Louisville, Kentucky, presents a compelling prospect for owner-users or investors. Located at 2926 Dixie Hwy, this property encompasses 3,124 square feet on a 0.43-acre lot and features four rental units within a two-story building constructed in 1930. The property boasts 100% occupancy, generating substantial rental income. The unit breakdown includes a spacious four-bedroom unit on the first floor, a one-bedroom apartment, and an efficiency unit in the basement, along with a cozy one-bedroom apartment on the second floor. Current tenants share utility costs, maximizing profitability. Ample parking is available with 21 spaces. The property is zoned C1 and offers significant potential for increased revenue. The large first-floor unit could be subdivided into two separate apartments, further enhancing rental income. The property is being sold as-is. The asking price is $339,000, translating to $108.51 per square foot and $84,750 per unit. The Jefferson County property features a total of 21 parking spaces. This is a turnkey investment ready for immediate income generation.

Highlights

  • Multifamily investment opportunity in Louisville, KY, at 2926 Dixie Hwy.
  • 3,124 sq ft building on a 0.43-acre lot, built in 1930.
  • Four rental units with 100% occupancy, generating substantial income.
  • Unit mix: one 4-bedroom, one 1-bedroom, one efficiency, and one 1-bedroom unit.
  • 21 parking spaces and C1 zoning.
  • Asking price: $339,000 ($108.51/sq ft, $84,750/unit).

Property Details for 2926 Dixie Hwy

Property type
Residential income homes
Square Feet
3,124 SF
Year Built
1930
Buildings
1
Stories
2
Lot Size (sq. ft)
18,731 SF
Units
4

Location Insight

City
Louisville
County
Jefferson
State
Kentucky
Latitude
38.207877221157
Longitude
-85.799064792214
2926 Dixie Hwy, Louisville, Kentucky

FAQs

What type of property is this?
Residential income home - Four-unit rental property, high occupancy.
Where is the residential income home located?
The property is located at 2926 Dixie Hwy Louisville, KY.
What is the asking price?
The asking price for this property is $339,000.
What are key features of this property?
This property features: Multifamily investment opportunity in Louisville, KY, at 2926 Dixie Hwy.; 3,124 sq ft building on a 0.43-acre lot, built in 1930.; Four rental units with 100% occupancy, generating substantial income.
How can I contact the broker?
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2926 Dixie Hwy
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