4327 Southern Pkwy, Louisville, KY 40214
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
4327 Southern Pkwy,Louisville, KY 40214
$1,950,000
- - Beds
- - Baths
- 28,310 sq. ft.
- Multi-family
- Active
Listed by:jenny johnston
Office:prg commercial property advisors
MLS#:1697419
Source:KY_MSMLS
Price summary
- Price:$1,950,000
- Price per sq. ft.:$99.97
About this home
This listing includes both 4321 and 4327 Southern Parkway. 4321 is 11 units (seven 1BR/1BA, four studio) and 4327 is 14 units (all 2BR/1BA), for a total of 25.
Located in an excellent section of Southern Parkway, at I264 and minutes from U of L, these properties have undergone extensive renovation and improvement. The seller has updated most of the apartments including kitchens and bathrooms, repaved parking lots, installed mini splits, replaced windows, replaced exterior stairs, insulated the buildings, and more.
The units are a mix of hardwood, LVP, and low-maintenance epoxied concrete floors. They are all separately metered for LGE. There is off street parking and on site laundry (tenants pay a flat fee for laundry access). City trash is included, so there is no dumpster expense. The 4321 roof is approx. 7 years old, and 4327 roof is approx. 10 years old.
These buildings are an excellent opportunity for a buyer to invest in multifamily in an appreciating location. Rents are below market, and there is plenty of room to increase revenue while enjoying the benefit of acquiring extremely well maintained properties.
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Home facts
- Year built:1947
- Listing ID #:1697419
- Added:1 day(s) ago
- Updated:September 05, 2025 at 09:42 PM
Rooms and interior
- Living area:28,310 sq. ft.
Heating and cooling
- Heating:MiniSplit/Ductless
Structure and exterior
- Year built:1947
- Building area:28,310 sq. ft.
Finances and disclosures
- Price:$1,950,000
- Price per sq. ft.:$99.97
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