2201 Griffiths Ave, Louisville, KY 40212

Louisville
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
2201 Griffiths Ave,Louisville, KY 40212
$319,900
  • 7 Beds
  • 4 Baths
  • 4,590 sq. ft.
  • Multi-family
  • Active
Listed by: jonathan d klunk
Office: exp realty llc.
MLS#:1716279
Source:KY_MSMLS

Price summary

  • Price:$319,900
  • Price per sq. ft.:$69.69

About this home

Turnkey, income-producing 4-unit multifamily property located at 2201 Griffiths Ave in Louisville's Portland neighborhood, offering strong in-place cash flow and proven operational stability. This fully occupied investment property generates $54,324 in gross annual income and $43,044 in net operating income, delivering a 13.5% cap rate at the current list price of $319,900. The financial performance is supported by a clean T-12 with consistent collections and minimal vacancy, making this a highly financeable asset with an estimated DSCR of approximately 2.0+ under typical lending terms. The property has undergone extensive renovations over the past four years, contributing to tenant retention and reducing near-term capital expenditure needs. The unit mix includes one-, two-, and three-bedroom units, supporting broad rental demand, while long-term tenants provide additional income stability. Operationally, the property is efficient and easy to manage, with owner paying utilities per...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1890
  • Listing ID #:1716279
  • Added:1 day(s) ago
  • Updated:May 06, 2026 at 12:06 AM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:4
  • Basement:Yes
  • Living area:4,590 sq. ft.

Heating and cooling

  • Cooling:Wall/Window Unit(s)
  • Heating:Natural gas

Structure and exterior

  • Year built:1890
  • Building area:4,590 sq. ft.
  • Lot Features:Sidewalk
  • Architectural Style:Traditional
  • Construction Materials:Aluminum siding, Vinyl siding, Wood Frame

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$319,900
  • Price per sq. ft.:$69.69

New listings near 2201 Griffiths Ave