2315 Portland Ave, Louisville, KY, 40212

USD 294,900
For Sale

Property Details

Bedrooms

5

Bathrooms

4

Property Type

Condo

Description

Property Details: • Type: Condo • Bedrooms: 5 • Bathrooms: 4 • Square Feet: 3338

Description: This rare four-unit investment opportunity consists of two separate parcels sold together, featuring three large units on Portland Avenue and a spacious two-bedroom single-family home with private access and a garage at 2316 Tyler Avenue. The combined properties generate an impressive 12-month NOI of $39,220 (12.8% CAP) under self-management and have undergone extensive renovations inside and out. The Portland Avenue building includes three fully updated units, each with laundry connections and individual floor heaters in every room for efficient and consistent heating. Units 2 has long-term tenants of over two years who plan to stay, and Unit 1 was newly leased in October 2025. Updates to

Location

Address

2315 Portland Ave, Louisville, KY, 40212

City

Louisville

Features and Finishes

Year Built: 1900; [object Object]; [object Object]; [object Object]

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