1909 San Jose Ave, Louisville, KY, 40216

USD 950,000
For Sale

Property Details

Bedrooms

12

Bathrooms

12

Property Type

Multi-Family

Description

Property Details: • Type: Multi-Family • Bedrooms: 12 • Bathrooms: 12 • Square Feet: 6048 • Lot/Size: 24,320 sqft lot

Description: Strong Performing 12-Unit Investment Opportunity on Corner Lot! This well-maintained 12-plex sits on a desirable corner lot with ample off-street parking, making it highly attractive to tenants. The property has seen numerous updates, including the addition of a coin-operated laundry facility in the basement—providing both tenant convenience and an additional income stream. The current rent roll is $9,050/month, with scheduled increases bringing it to $9,400/month as of June 1, 2026. Over the past two years, ownership has successfully increased rents from $6,575 to current levels, demonstrating proven upside and continued value-add potential. Operating at a solid 7.8% cap rate, this a

Location

Address

1909 San Jose Ave, Louisville, KY, 40216

City

Louisville

Features and Finishes

Year Built: 1963; [object Object]; [object Object]; [object Object]

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