4307 Elliott Ave, Louisville, KY 40211

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4307 Elliott Ave,Louisville, KY 40211
$385,000
  • 12 Beds
  • 6 Baths
  • 5,408 sq. ft.
  • Multi-family
  • Active
Listed by: lindsey stewart
Office: pride realty
MLS#:1698438
Source:KY_MSMLS

Price summary

  • Price:$385,000
  • Price per sq. ft.:$71.19

About this home

This solid income-producing 6-unit apartment building is 100% occupied and already generating strong cash flow. Current monthly rental income totals $4,815 across all units: • Apt 1 - $755 • Apt 2 - $755 • Apt 3 - $850 • Apt 4 - $755 • Apt 5 - $850 • Apt 6 - $850 Total Annual Gross Income: $57,780 Operating expenses are very manageable, with water averaging $300-$400, electric only $60-$70, and dumpster service at $115 monthly. With low overhead and stable tenants already in place, this property offers excellent cash-on-cash returns and immediate income from day one. Highlights: • Fully rented - no vacancy worries • Strong rental demand in the area • Low operating expenses • Turnkey investment with This is an ideal opportunity for both new and seasoned investors looking for reliable monthly income and long-term appreciation. At the current rent roll with a $385,000 sales price, this 6-plex produces a

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Home facts

  • Year built:1946
  • Listing ID #:1698438
  • Added:92 day(s) ago
  • Updated:December 19, 2025 at 03:58 PM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:6
  • Living area:5,408 sq. ft.

Heating and cooling

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

Structure and exterior

  • Year built:1946
  • Building area:5,408 sq. ft.
  • Lot area:0.22 Acres

Finances and disclosures

  • Price:$385,000
  • Price per sq. ft.:$71.19