11
See all 11 photos
$250,000
Est. payment /mo
6 Beds
4 Baths
2,982 SqFt
Active
1349 Olive St Louisville, KY 40211
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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,982 sqft
Price per Sqft $83
MLS Listing ID 1682971
Style Other
Bedrooms 6
HOA Y/N No
Abv Grd Liv Area 2,982
Originating Board Metro Search (Greater Louisville Association of REALTORS®)
Year Built 1900
Property Sub-Type Quadruplex
Property Description
Investor Opportunity in 40211! Don't miss this incredible opportunity to own a four-plex on Olive Street in the heart of Louisville's up-and-coming 40211 zip code. Built in 1900, this historic property retains much of its original charm, featuring beautiful wood doors, detailed trim work, and spacious rooms with character you won't find in newer builds. With great bones, all major maintenance items handled in the last couple years, and timeless details, it's ready for a fresh touch—with only one unit left to renovate.
The four-plex has been professionally managed for the last 2 years and includes two units on the first floor and two units upstairs. Each second-floor unit offers 1 bedroom and 1 bathroom, while each first-floor unit includes 2 bedrooms and 1 bathroom. Three of (cont. >> >>) the four units have already been fully renovated and upgraded. They are currently rented, starting you with strong income from day one. The final renovation need is the vacant first-floor unit. This unit can be taken to the studs and converted into a 3/2 which would add significant additional value and further boost your cash flow.
Whether you're a seasoned investor or just getting started, this is your chance to own a piece of history in a neighborhood experiencing active
revitalization and long-term growth. Reach out with questions or for more information. Don't miss your chance to step into a great cash-flowing investment in
40211
The four-plex has been professionally managed for the last 2 years and includes two units on the first floor and two units upstairs. Each second-floor unit offers 1 bedroom and 1 bathroom, while each first-floor unit includes 2 bedrooms and 1 bathroom. Three of (cont. >> >>) the four units have already been fully renovated and upgraded. They are currently rented, starting you with strong income from day one. The final renovation need is the vacant first-floor unit. This unit can be taken to the studs and converted into a 3/2 which would add significant additional value and further boost your cash flow.
Whether you're a seasoned investor or just getting started, this is your chance to own a piece of history in a neighborhood experiencing active
revitalization and long-term growth. Reach out with questions or for more information. Don't miss your chance to step into a great cash-flowing investment in
40211
Location
State KY
County Jefferson
Direction Get on I-264 W Follow I-264 W to Dumesnil St. Take exit 3 from I-264 W Continue on Dumesnil St. Drive to Olive St
Interior
Heating Forced Air
Cooling Central Air
Exterior
Exterior Feature None
View Y/N No
Roof Type Shingle
Porch Porch
Garage No
Building
Lot Description Sidewalk
Sewer Public Sewer
Water Public
Architectural Style Other
Structure Type Vinyl Siding,Wood Frame
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Listed by Keller Williams Louisville East