339 N 42nd St, Louisville, KY 40212

Local realty services provided by:Schuler Bauer Real Estate ERA Powered
339 N 42nd St,Louisville, KY 40212
$259,000
  • - Beds
  • - Baths
  • 2,166 sq. ft.
  • Multi-family
  • Active
Listed by: wsg homes, drew wisdom
Office: real broker, llc.
MLS#:1696938
Source:KY_MSMLS

Price summary

  • Price:$259,000
  • Price per sq. ft.:$119.58

About this home

Unique Louisville investment opportunity featuring THREE separate rental homes on ONE parcel! Priced at $259,000, this package offers an attractive combination of existing income and immediate upside. One home is currently occupied at $995/month, one is vacant and RENT READY for immediate lease-up, and another tenant is scheduled to vacate, giving the next owner an additional opportunity to reposition the property and increase future rental income. The currently vacant home is in great condition and ready for a new tenant without the need for a major renovation. Ideal for a buy-and-hold investor looking to acquire multiple rental homes in a single transaction while having immediate control over future rents. Three houses. One parcel. One purchase. A unique opportunity to stabilize the portfolio at today's market rents and build long-term cash flow.

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Home facts

  • Year built:1937
  • Subdivision & Development:NONE
  • Listing ID #:1696938
  • Added:379 day(s) ago
  • Updated:August 21, 2026 at 05:53 PM

Rooms and interior

  • Basement:Yes
  • Living area:2,166 sq. ft.

Heating and cooling

  • Heating:FORCED AIR

Structure and exterior

  • Year built:1937
  • Building area:2,166 sq. ft.
  • Lot area:0.32 Acres
  • Architectural Style:Ranch
  • Construction Materials:Vinyl siding

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$259,000
  • Price per sq. ft.:$119.58