River Home For Sale near Ohio River

Incredible opportunity to own three income-producing rental homes on a single parcel in one of Louisville's fastest-growing zip codes, which has appreciated by 47.8% since July 2021. This unique investment includes two 3-bedroom homes and one 2-bedroom home, all with basements, offering ample space and functionality for long-term tenants. With current rents totalling $2094 with a newly vacated unit (was paying $975/month), this bundle will EASILY beat the 1% rule when fully occupied (Pro forma rents total over $3400/month according to LMHA estimates). This property is ideal for buy-and-hold investors, house hackers, or 1031 exchange buyers seeking turnkey rental income with strong appreciation potential. With limited inventory and rapidly rising property values across Louisville, this multi-unit setup is a rare chance to secure a high-yield, appreciating asset in a thriving market.

Property Details

  • Beds: 0
  • Baths: 0.0
  • Sq Feet: 2166
  • Year Built: 1937
  • Location: Ohio River
  • Acres: 0.320
  • County: Jefferson County
  • Heat/AC: Forced Air
  • Siding: Vinyl Siding
  • Roof: Shingle
  • MLS #: 1696938

Location

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Contact Information:

Contact Agent
Listing Agent: WSG Homes, Real Broker LLC, 502-264-1908, 855-450-0442 Listing Site, Listing Status: Active
Copyright © 2025 Greater Louisville Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Ad Statistics:

Lake Home For Sale in Louisville, Kentucky
Ad Number : 6956757
Viewed: 1 times
Added: Dec 04, 2025
Updated on: Dec 04, 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified.