4203 Norene Ln, Louisville, KY 40219

$458,988
8
BD
4
BA
3,395
SqFt

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List Price
$458,988
MLS#
1713406
Status
ACTIVE
Type
Single Family Residential
City
Louisville
Area
06-Buechel/Hghvw/okolona/FernCreek
County
Jefferson
Bedrooms
8
Bathrooms
4
Living Area
3,395
Lot Size
11,138
Year Built
1961

Property Description

Cash-flowing 4-plex generating approximately $4,800 per month, offering immediate in-place income in one of South Louisville's most reliable rental corridors. Fully leased and stabilized, this property presents a strong opportunity for investors seeking consistent cash flow with minimal upfront work. Each unit features 2 bedrooms and 1 bathroom with updated interiors, LVP flooring, washer and dryer hookups, and renovated kitchens and baths. Separate furnaces and central air systems for each unit allow for efficient operation and simplified long-term management. Positioned just off Preston Hwy near the Outer Loop with quick access to I-65, retail, and dining, this location continues to support strong tenant demand and stable occupancy. Well-maintained multi-family assets at this price point with this level of income and condition are increasingly difficult to find. Ideal for investors seeking a clean, low-maintenance property with immediate returns and long-term upside.

Additional Information

Acres
0.26
Basement
None
Fencing
Chain Link, Partial
Foundation
Crawl Space, Poured Concrete
Living Area
3,395
Lot Dimensions
0.2557
Parking
Off Street
Region
06-Buechel/Hghvw/okolona/FernCreek
Stories
2
Style
Traditional
Utilities
Electricity Connected, Fuel:Natural

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Calculator source: Real Geeks

Listing courtesy of Diamond Key REALTORS.