4307 Elliott Ave, Louisville, KY 40211
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
4307 Elliott Ave,Louisville, KY 40211
$380,000
- 12 Beds
- 6 Baths
- 5,408 sq. ft.
- Multi-family
- Active
Listed by: denise wisdom, drew wisdom
Office: real broker, llc.
MLS#:1728207
Source:KY_MSMLS
Price summary
- Price:$380,000
- Price per sq. ft.:$70.27
About this home
Six-unit multifamily investment opportunity in Louisville with immediate value-add potential. This property currently generates $3,130/month in rental income with only four of the six units occupied, giving the next owner an opportunity to significantly increase revenue through lease-up of the two vacant units. At a list price of $380,000, that's just over $63,000 per unit for a six-unit building with existing cash flow and additional income upside already built in. The property offers a straightforward path for an investor looking to grow a multifamily portfolio: acquire an income-producing asset, fill the remaining vacancies, and work toward stabilizing all six units. With 12 bedrooms, 6 bathrooms and approximately 5,408 finished square feet, the building provides meaningful scale without stepping into a large apartment complex. Located in an established rental area with convenient access to major Louisville employment, transportation and amenities. Four units are currently occupied and producing income, while two vacant units provide the opportunity for a new owner to place tenants and capture additional cash flow. Whether you're expanding an existing portfolio or moving from smaller residential investments into multifamily, this property offers an attractive combination of current income, unit count and upside potential. Schedule your showing and run the numbers....
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Home facts
- Year built:1946
- Subdivision & Development:DOERHOEFERS
- Listing ID #:1728207
- Added:68 day(s) ago
- Updated:November 11, 2026 at 04:30 PM
Rooms and interior
- Bedrooms:12
- Total bathrooms:6
- Basement:Yes
- Living area:5,408 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:FORCED AIR, Natural gas
- Central air:Yes
Structure and exterior
- Year built:1946
- Building area:5,408 sq. ft.
- Lot area:0.22 Acres
- Lot Features:Sidewalk
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$380,000
- Price per sq. ft.:$70.27
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