4342 Newport Rd, Louisville, KY 40218

Local realty services provided by:Schuler Bauer Real Estate ERA Powered
4342 Newport Rd,Louisville, KY 40218
$430,000
  • 8 Beds
  • 4 Baths
  • 3,430 sq. ft.
  • Multi-family
  • Active
Listed by:
Office: schuler bauer real estate services era powered
MLS#:1723408
Source:KY_MSMLS

Price summary

  • Price:$430,000
  • Price per sq. ft.:$125.36

About this home

Great investment opportunity featuring four fully occupied 2 bedroom, 1 bath apartments with a solid rental history and dependable cash flow. Several long term tenants have called this property home for over seven years, providing excellent stability for investors. Each unit offers laundry hookups, with additional laundry hookups located in the basement and private storage areas in the basement that present potential for additional income. Major improvements completed in 2018 include the roof, HVAC systems, appliances, and pavement, helping reduce future maintenance expenses. Conveniently located within walking distance of GE, FedEX TARC bus lines, ALDI and other everyday amenities, making it an attractive location for tenants. Owner pays water, sewer, electric and trash pickup, tenants are responsible to pay electric and gas service. May be purchased together with 4920 Cawood Drive, just down the street, for an excellent portfolio opportunity.

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Home facts

  • Year built:1972
  • Listing ID #:1723408
  • Added:5 day(s) ago
  • Updated:July 21, 2026 at 04:43 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Basement:Yes
  • Living area:3,430 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Central air:Yes

Structure and exterior

  • Year built:1972
  • Building area:3,430 sq. ft.
  • Lot area:0.22 Acres

Finances and disclosures

  • Price:$430,000
  • Price per sq. ft.:$125.36