1155 S 28th St,Louisville, KY 40211
Louisville, KY 40211
Description
Parkland 6-Plex - Prime Investment Opportunity in the Heart of Louisville's Urban Revitalization Don't miss this exceptional 6-unit multifamily property located in Louisville's historic Parkland neighborhood, one of the city's most active areas of revitalization and redevelopment. Positioned in the heart of Louisville, this property offers investors an outstanding opportunity to own a cash-flowing asset in a neighborhood experiencing significant public and private investment. The Parkland Neighborhood Plan envisions a vibrant, walkable community with restored commercial corridors, expanded housing options, improved public spaces, and continued economic development. This six-plex is ideally situated near the newly reopened Parkland Library, Parkland Medical Plaza, the historic business district, downtown Louisville, public transportation, The Norton Full Service hospital, The Goodwill Opportunity Campus, restaurants, shopping, and major employers. The neighborhood continues to benefit from infrastructure improvements and community-focused redevelopment, making it an attractive location for both residents and long-term investors. Whether you're looking to expand your rental portfolio, execute a value-add strategy, or invest in one of Louisville's emerging neighborhoods, this property offers strong potential in a market where demand for quality rental housing continues to grow. Investment Highlights: Six-unit multifamily property with spacious three-bedroom apartments Each apartment is individually metered for gas and electricity, allowing tenants to pay their own utilities while helping reduce owner operating expenses. On-street parking is conveniently available directly in front of the building. Located in Louisville's historic Parkland neighborhood Minutes from Downtown Louisville Quick access to the expressway for an easy commute throughout Louisville and Southern Indiana Located on a TARC bus line, Kroger, shopping, dining, Norton Healthcare, and Goodwill employment centers Positioned within an area of ongoing neighborhood revitalization and redevelopment Excellent opportunity for cash flow and long-term appreciation This is your chance to invest in a turnkey multifamily in a neighborhood with a rich history, strong community support, and an exciting future. Schedule your private tour today.
Details
| MLS # | 1723199 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 41 |
| Listing Provided By | BellMan Realty LLC | Sharon Y Gazaway-Bell |
Features
| Bed(s) | 15 |
|---|---|
| Bath(s) | 10 |
| SQ Feet | 7,959 |
| Basement | Y |
| Units | 6 |
| Acreage | 0.18 |
Area Information
| State | KY |
|---|---|
| County | Jefferson |
| City | Louisville |
| Zip Code | 40211 |
| Area | 01 Dtwn Old Louisville | Shively | West Lou |
| Listing VS Median (in 40211) | |
Price: $799,000 low | high Med: $125,000 sqft: 7,959 low | high Med: 1,596 $ / sqft: $100 low | high Med: $93 On site: 41 low | high Med: 130.5 | |
Market Activity 40211
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Learn More About This Property
| State | KY |
|---|---|
| County | Jefferson |
| City | Louisville |
| Zip Code | 40211 |
| Area | 01 Dtwn Old Louisville | Shively | West Lou |
| Listing VS Median (in 40211) | |
Price: $799,000 low | high Med: $125,000 sqft: 7,959 low | high Med: 1,596 $ / sqft: $100 low | high Med: $93 On site: 41 low | high Med: 130.5 | |
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