729 S 39th St Save Request In-Person Tour Request Virtual Tour
Louisville,KY 40211
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 3,217 sqft
Price per Sqft $74
Subdivision Doerhoefers
MLS Listing ID 1699740
Bedrooms 5
HOA Y/N No
Abv Grd Liv Area 2,340
Year Built 1935
Lot Size 6,534 Sqft
Acres 0.15
Property Sub-Type Triplex
Source APEX MLS (Greater Louisville Association of REALTORS®)
Land Area 2340
Property Description
This Louisville triplex for sale offers a strong value-add investment opportunity with one vacant unit ready to be leased. Current income is $1,700/month ($500 + $1,200 + vacant), with pro forma rents significantly higher once stabilized-easily beating the 1% rule. Investors can immediately boost returns by filling the vacancy and capturing upside potential. Louisville's multifamily market has shown double-digit appreciation with a 19.47% increase in median sales price year-over-year, proving the strength of this location. Whether you're expanding your portfolio or entering the market, this triplex investment property in Louisville, KY is positioned for cash flow and appreciation.
Location
State KY
County Jefferson
Direction I-264 toTake 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 39th St.
Interior
Heating Forced Air,Natural Gas
Cooling Central Air
Exterior
Exterior Feature None
View Y/N No
Roof Type Composition,Shingle
Porch Porch
Garage No
Building
Lot Description Sidewalk
Sewer Public Sewer
Water Public
Structure Type Brick