10233 Blue Lick Rd, Louisville, KY 40229

Louisville
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
10233 Blue Lick Rd,Louisville, KY 40229
$2,450,000
  • - Beds
  • - Baths
  • 22,812 sq. ft.
  • Multi-family
  • Active
Listed by: shawn owens
Office: beck realty group
MLS#:1712112
Source:KY_MSMLS

Price summary

  • Price:$2,450,000
  • Price per sq. ft.:$107.4

About this home

Strong investment opportunity at 10233 Blue Lick Rd, Louisville, KY 40229 (located off Blue Lick Rd & Hillcross Dr). Property Overview: 21 large townhome-style units 6 units: 3 bed / 1.5 bath 15 units: 2 bed / 1.5 bath. Current rent roll: $24,461/month (2 vacancies) $27,063/month once fully occupied; up to $29,721/month potential. 22,812 total sq ft Built approximately 23 years ago. New dimensional shingle roofs (Aug/Sept 2023) on all three buildings Large onsite parking lot Utilities: Tenants pay LG&E ,owner pays water/sewer and trash. Laundry in each unit This property presents a strong value-add opportunity through lease-up, along with a potential condo conversion exit strategy that could potentially generate a very profitable return. See attached rent roll and LURA letter

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Home facts

  • Year built:2003
  • Listing ID #:1712112
  • Added:54 day(s) ago
  • Updated:May 14, 2026 at 02:38 PM

Rooms and interior

  • Living area:22,812 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:FORCED AIR
  • Central air:Yes

Structure and exterior

  • Year built:2003
  • Building area:22,812 sq. ft.
  • Architectural Style:Traditional
  • Construction Materials:Vinyl siding, Wood Frame, brick
  • Exterior Features:Porch

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,450,000
  • Price per sq. ft.:$107.4

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