1909 San Jose Ave, Louisville, KY 40216

Louisville
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
1909 San Jose Ave,Louisville, KY 40216
$950,000
  • 12 Beds
  • 12 Baths
  • 6,048 sq. ft.
  • Multi-family
  • Active
Listed by: heather l allen, jenny carroll
Office: genesis realty llc.
MLS#:1713938
Source:KY_MSMLS

Price summary

  • Price:$950,000
  • Price per sq. ft.:$157.08

About this home

Strong Performing 12-Unit Investment Opportunity on Corner Lot! This well-maintained 12-plex sits on a desirable corner lot with ample off-street parking, making it highly attractive to tenants. The property has seen numerous updates, including the addition of a coin-operated laundry facility in the basement—providing both tenant convenience and an additional income stream. The current rent roll is $9,050/month, with scheduled increases bringing it to $9,400/month as of June 1, 2026. Over the past two years, ownership has successfully increased rents from $6,575 to current levels, demonstrating proven upside and continued value-add potential. Operating at a solid 7.8% cap rate, this asset offers strong cash flow with room for further growth. Operating at a solid 7.8% cap rate, this asset offers strong cash flow with room for further growth. A turnkey investment that is easy to manage and positioned for continued income expansion.

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Home facts

  • Year built:1963
  • Listing ID #:1713938
  • Added:18 day(s) ago
  • Updated:April 28, 2026 at 02:46 PM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:12
  • Basement:Yes
  • Living area:6,048 sq. ft.

Heating and cooling

  • Cooling:Wall/Window Unit(s)

Structure and exterior

  • Year built:1963
  • Building area:6,048 sq. ft.
  • Lot Features:Sidewalk
  • Architectural Style:High Rise
  • Construction Materials:brick

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$950,000
  • Price per sq. ft.:$157.08

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