2039 Shelby StLouisville, KY 40217

For Sale
$279,000

Charming 2-unit apartment building in desirable location.

Overview

Added:
Dec 11, 2024
Days on market:
92
This well-maintained, two-unit apartment building presents a fantastic investment opportunity in Louisville, Kentucky. Located at 2039 S Shelby St, this property boasts a prime location within the Schnitzelburg neighborhood. Built in 1925, the building features a total of 1,800 square feet across two stories, situated on a 0.08-acre lot (3,493 square feet). Each of the two spacious units offers two bedrooms, one full bathroom, a living room, an updated kitchen, and a rear sunroom complete with laundry hookups. The property includes four off-street parking spaces, a significant advantage for tenants. The asking price is $279,000, translating to $163.89 per square foot. Currently housing two tenants, this duplex is zoned R5, providing flexibility for future use. This property offers a blend of classic charm and modern updates, making it an attractive investment for both seasoned and new investors seeking a strong return in a thriving Louisville neighborhood. The building's solid construction and desirable features promise consistent rental income and potential for appreciation. This is a rare opportunity to acquire a well-maintained multifamily property in a highly sought-after area.

Highlights

  • Well-maintained, two-unit apartment building in Louisville's Schnitzelburg neighborhood.
  • 1,800 square feet on a 0.08-acre lot (3,493 SF).
  • Two spacious 2 bed/1 bath units, each with updated kitchen, sunroom, and laundry hookups.
  • Four off-street parking spaces.
  • Asking price: $279,000 ($163.89/SF).

Property Details for 2039 Shelby St

Property type
Multifamily properties, Apartment buildings
Square Feet
1,800 SF
Year Built
1925
Buildings
1
Stories
2
Lot Size (sq. ft)
3,485 SF
Units
2

Location Insight

City
Louisville
County
Jefferson
State
Kentucky
Latitude
38.2196733
Longitude
-85.7435125
2039 Shelby St, Louisville, Kentucky

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2039 Shelby St
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