724 S 38th St, Louisville, KY 40211

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724 S 38th St,Louisville, KY 40211
$215,000
  • 8 Beds
  • 4 Baths
  • 2,464 sq. ft.
  • Multi-family
  • Active
Listed by: wsg homes, drew wisdom
Office: real broker, llc.
MLS#:1699736
Source:KY_MSMLS

Price summary

  • Price:$215,000
  • Price per sq. ft.:$87.26

About this home

All-brick income-producing duplex | Louisville KY 40211 | $2,991/mo gross rent | beats 1% rule. 8 bed / 4 bath / 2,464 sqft investment property fully occupied with tenants in place. Unit 1: $1,100/mo (tenant pays utilities). Unit 2: $1,891/mo (landlord pays utilities). Priced at $87/sqft — below replacement cost. Low-maintenance all-brick construction. Strong rental demand. Near $100M Opportunity Campus redevelopment. Ideal for buy-and-hold investors, house hackers, and 1031 exchange buyers. Louisville rental property, high cash flow real estate, duplex for sale Louisville Kentucky.

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Home facts

  • Year built:1925
  • Listing ID #:1699736
  • Added:231 day(s) ago
  • Updated:May 22, 2026 at 02:54 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Basement:Yes
  • Living area:2,464 sq. ft.

Heating and cooling

  • Heating:Natural gas

Structure and exterior

  • Year built:1925
  • Building area:2,464 sq. ft.
  • Lot area:0.15 Acres
  • Lot Features:Sidewalk
  • Construction Materials:brick
  • Exterior Features:Porch

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$215,000
  • Price per sq. ft.:$87.26