5419 New Cut Rd, Louisville, KY 40214

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5419 New Cut Rd,Louisville, KY 40214
$375,000
  • - Beds
  • - Baths
  • 6,864 sq. ft.
  • Multi-family
  • Active
Listed by: jenny johnston, reed b weinberg
Office: colliers
MLS#:1712462
Source:KY_MSMLS

Price summary

  • Price:$375,000
  • Price per sq. ft.:$54.63

About this home

*Please note: Listing photos were taken prior to the fire incident discussed below. Positioned in a high-demand corridor of South Louisville, this 11-unit mixed-use property offers a compelling value-add opportunity for investors seeking strong upside potential. The asset consists of 10 residential units and 1 commercial space. The property has experienced fire damage, with several units impacted. Ownership has estimated approximately $330,000 in remaining renovation costs to restore the asset to full stabilization. The property is offered as-is, with the purchaser assuming responsibility for completing the improvements. Prior to the disruption, the property consistently performed as a strong income-producing asset, benefiting from its strategic location along a major thoroughfare. Residents enjoy convenient access to retail, dining, essential services, and nearby recreational amenities including Iroquois Park. This offering represents a rare opportunity to reposition and...

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Home facts

  • Year built:1947
  • Listing ID #:1712462
  • Added:1 day(s) ago
  • Updated:March 26, 2026 at 02:53 AM

Rooms and interior

  • Living area:6,864 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Central air:Yes

Structure and exterior

  • Year built:1947
  • Building area:6,864 sq. ft.
  • Lot area:0.3 Acres
  • Architectural Style:Traditional
  • Construction Materials:brick
  • Exterior Features:Balcony

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$375,000
  • Price per sq. ft.:$54.63