1429 Morton Ave, Louisville, KY 40204

Local realty services provided by:Schuler Bauer Real Estate ERA Powered
1429 Morton Ave,Louisville, KY 40204
$469,900
  • 3 Beds
  • 2 Baths
  • 2,252 sq. ft.
  • Multi-family
  • Active
Listed by: deborah kaufman
Office: caperton realty
MLS#:1731542
Source:KY_MSMLS

Price summary

  • Price:$469,900
  • Price per sq. ft.:$208.66

About this home

TURNKEY INVESTMENT OPPORTUNITY IN THE HEART OF THE HIGHLANDS! Beautifully remodeled duplex offering 2,252 square feet of updated living space in one of Louisville's most desirable neighborhoods! Priced at $469,900, this income-producing property generates $3,100 in monthly rental income ($37,200 annually), with reported annual operating expenses of just $6,350. That's an estimated Net Operating Income (NOI) of $30,850 and an attractive 6.57% CAP RATE! Extensively renovated and move-in ready, this duplex offers two separate residential units, making it an excellent opportunity for investors seeking immediate rental income or owner-occupants looking to live in one unit while generating income from the other. Located in the vibrant Highlands neighborhood, residents enjoy convenient access to popular restaurants, boutiques, coffee shops, nightlife, parks, and entertainment. Just minutes from downtown Louisville and UofL! PRIME LOCATION + EXTENSIVE RENOVATIONS + ESTABLISHED RENTAL INCOME!...

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Home facts

  • Year built:1900
  • Subdivision & Development:NONE
  • Listing ID #:1731542
  • Added:16 day(s) ago
  • Updated:October 27, 2026 at 05:01 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Basement:Yes
  • Living area:2,252 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:FORCED AIR, Natural gas
  • Central air:Yes

Structure and exterior

  • Year built:1900
  • Building area:2,252 sq. ft.
  • Lot area:0.08 Acres
  • Lot Features:Sidewalk
  • Architectural Style:Traditional
  • Construction Materials:Vinyl siding, Wood Frame
  • Exterior Features:Deck, Porch

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$469,900
  • Price per sq. ft.:$208.66