2201 Griffiths Ave, Louisville, KY, 40212

USD 319,900
For Sale

Property Details

Bedrooms

7

Bathrooms

4

Property Type

Condo

Description

Property Details: • Type: Condo • Bedrooms: 7 • Bathrooms: 4 • Square Feet: 4590

Description: Turnkey, income-producing 4-unit multifamily property located at 2201 Griffiths Ave in Louisville's Portland neighborhood, offering strong in-place cash flow and proven operational stability. This fully occupied investment property generates $54,324 in gross annual income and $43,044 in net operating income, delivering a 13.5% cap rate at the current list price of $319,900. The financial performance is supported by a clean T-12 with consistent collections and minimal vacancy, making this a highly financeable asset with an estimated DSCR of approximately 2.0+ under typical lending terms. The property has undergone extensive renovations over the past four years, contributing to tenant retenti

Location

Address

2201 Griffiths Ave, Louisville, KY, 40212

City

Louisville

Features and Finishes

Year Built: 1890; [object Object]; [object Object]; [object Object]

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