112 Woodlawn AveLouisville, KY 40214

For Sale
$1,575,000

18-Unit Apartment Building, High Occupancy

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 18-unit apartment building is ideally situated on a high-profile corner lot in Louisville, Kentucky's thriving Beechmont neighborhood (zip code 40214). Each of the 18 units features two bedrooms and one bathroom. The property boasts a well-maintained structure, evidenced by recent renovations to numerous units and a newer roof. All units are equipped with forced-air furnace/central AC systems. Tenants are responsible for their own gas and electric utilities (LG&E). The building benefits from consistently high occupancy rates, reflecting its strong location and desirable features. This presents a compelling investment opportunity for acquiring a stable, professionally managed asset with significant upside potential in rental income. The asking price for this turnkey property is $1,575,000. This is a rare chance to acquire a well-established multifamily property in a sought-after Louisville neighborhood. The property's strong performance history and potential for future growth make it an attractive addition to any investment portfolio.

Property Details for 112 Woodlawn Ave

Property type
Multifamily properties, Apartment buildings
Units
18

Location Insight

City
Louisville
County
Jefferson
State
Kentucky
Latitude
38.1810824
Longitude
-85.764031
112 Woodlawn Ave, Louisville, Kentucky

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112 Woodlawn Ave
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