Louisville, KY 40216,4534 Lake Dreamland Dr
Louisville, KY 40216,4534 Lake Dreamland Dr
Louisville, KY 40216,4534 Lake Dreamland Dr
26
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$94,500
Est. payment /mo
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3 Beds
1 Bath
1,824 SqFt
Price Dropped by $10K

4534 Lake Dreamland Dr Louisville, KY 40216

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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


Greater Louisville MLS (Metro Search Inc)
Listed by Keller Williams Louisville East

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agent

Rhonda Roberts

Team Leader | License ID: 213019

+1(502) 314-5305

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4534 Lake Dreamland Dr