2189 Baringer Ave, Louisville, KY 40204
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
Listed by: jake brady
Office: nest realty
MLS#:1712566
Source:KY_MSMLS
Price summary
- Price:$1,649,999
- Price per sq. ft.:$270.67
About this home
Welcome to 2189 Baringer Ave an exceptional 11 unit trophy multifamily asset located in the heart of Cherokee Triangle / The Highlands, one of Louisville's most sought-after and walkable neighborhoods. This legacy property presents a rare opportunity to acquire a premier asset in a location known for its historic charm, vibrant dining scene, and proximity to parks and local amenities. The property consists of eleven spacious 2-bedroom, 1-bath units, appealing to a broad and stable tenant base. Four units have been recently renovated, featuring granite countertops, new cabinetry, stainless steel appliances, LVP flooring, and updated tile bathrooms offering immediate upside and a clear path for continued value-add improvements. Current rents total $10,567/month with one unit vacant, providing both in-place cash flow and the opportunity to further increase revenue through lease-up, rental growth, utility bill-back implementation, and additional renovations. The property has consistently demonstrated strong tenant demand, low turnover, and ease of leasing. Additional highlights include off-street rear parking, dedicated storage for each unit, and on-site coin-operated laundry enhancing tenant convenience and long-term retention. Opportunities to acquire an asset of this scale and quality in Cherokee Triangle are exceedingly rare, making this a standout addition to any investor's portfolio. See attached virtual tour, rent roll and floor plan for unit layouts....
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Home facts
- Year built:1969
- Listing ID #:1712566
- Added:1 day(s) ago
- Updated:March 26, 2026 at 07:46 PM
Rooms and interior
- Bedrooms:22
- Total bathrooms:11
- Basement:Yes
- Living area:8,464 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Natural gas
- Central air:Yes
Structure and exterior
- Year built:1969
- Building area:8,464 sq. ft.
- Lot Features:Sidewalk
- Architectural Style:Traditional
- Construction Materials:brick
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,649,999
- Price per sq. ft.:$270.67
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