724 S 38th St, Louisville, KY 40211
$215,000
Est. payment /mo
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8 Beds
4 Baths
2,464 SqFt
Active Under Contract

724 S 38th St Louisville, KY 40211

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,464 sqft

Price per Sqft $87

MLS Listing ID 1699736

Bedrooms 8

HOA Y/N No

Abv Grd Liv Area 2,464

Year Built 1925

Lot Size 6,534 Sqft

Acres 0.15

Property Sub-Type Duplex

Source APEX MLS (Greater Louisville Association of REALTORS®)

Land Area 2464

Property Description

All-brick income-producing duplex | Louisville KY 40211 | $2,991/mo gross rent | beats 1% rule. 8 bed / 4 bath / 2,464 sqft investment property fully occupied with tenants in place. Unit 1: $1,100/mo (tenant pays utilities). Unit 2: $1,891/mo (landlord pays utilities). Priced at $87/sqft — below replacement cost. Low-maintenance all-brick construction. Strong rental demand. Near $100M Opportunity Campus redevelopment. Ideal for buy-and-hold investors, house hackers, and 1031 exchange buyers. Louisville rental property, high cash flow real estate, duplex for sale Louisville Kentucky.

Location

State KY

County Jefferson

Direction I-264 to exit 2 toward Muhammad Ali Blvd onto W Muhammad Ali Blvd. Turn left onto S 34th St. Turn right onto W Broadway. Turn left onto S 38th St.

Interior

Heating Natural Gas

Exterior

Exterior Feature None

View Y/N No

Roof Type Shingle

Porch Porch

Garage No

Building

Lot Description Sidewalk

Sewer Public Sewer

Water Public

Structure Type Brick


Greater Louisville MLS (Metro Search Inc)
Listed by Real Broker, LLC

NEARBY SCHOOL & BUSINESS

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Tamara West

Tamara West

Broker Associate | License ID: 247867

+1(502) 819-2211

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724 S 38th St