4534 Lake Dreamland Dr Active Save Request In-Person Tour Request Virtual Tour
Louisville,KY 40216
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,824 sqft
Price per Sqft $51
Subdivision Lake Dreamland
MLS Listing ID 1684034
Style Ranch
Bedrooms 3
Full Baths 1
HOA Y/N No
Abv Grd Liv Area 1,824
Originating Board Metro Search (Greater Louisville Association of REALTORS®)
Year Built 1938
Lot Size 8,712 Sqft
Acres 0.2
Property Sub-Type Single Family Residence
Property Description
Investor alert! Welcome to 4534 Lake Dreamland Dr, a unique opportunity tucked into a quiet, wooded neighborhood in Louisville, KY. This property is perfect for an investor looking to create two rental units with excellent potential for cash flow. The downstairs unit is fully complete, featuring three spacious bedrooms and one full bathroom, along with a private deck and outdoor space ideal for relaxing or entertaining. The upstairs unit is partially finished and, once completed, will mirror the lower level with its own three-bedroom, one-bathroom layout—doubling your income possibilities. The home also offers plenty of parking, providing convenience for tenants or guests, and the lot has ample space for outdoor use or future improvements.
Located just minutes from (cont. >> >>) Cane Run Road, this property offers both privacy and convenience. Nearby, you'll find everyday amenities like grocery stores, including Kroger and Dollar General, along with a variety of local dining options from quick takeout to sit-down restaurants. The area is also home to several community parks such as Riverside Gardens Park, where you can enjoy river views, green space, and walking trails. With easy access to I-264, commuting to downtown Louisville, the airport, or other parts of the city is a breeze.
Whether you're planning to rent both units or live in one while generating income from the other, this property offers smart, flexible investment potential in a well-established part of Louisville.
Location
State KY
County Jefferson
Direction Get on I-264W Follow I-264 W to KY-1934/Cane Run Rd in Shively. Take exit 5 from I-264 W Follow KY-1934/Cane Run Rd and Kramers Ln to Lake Dreamland Rd in Louisville
Rooms
Basement Unfinished
Interior
Heating Forced Air
Cooling Central Air
Fireplace No
Exterior
Parking Features Detached,Driveway
Garage Spaces 2.0
Fence Wood
View Y/N No
Roof Type Shingle
Porch Deck
Garage Yes
Building
Lot Description Cleared,Level
Story 2
Foundation Poured Concrete
Sewer Septic Tank
Water Public
Architectural Style Ranch
Structure Type Vinyl Siding
Schools
School District Jefferson