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$415,000
Est. payment /mo
4 Beds
1 Bath
2,493 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 2,493 sqft
Price per Sqft $166
MLS Listing ID 1727256
Style Other
Bedrooms 4
HOA Y/N No
Abv Grd Liv Area 2,493
Year Built 1900
Property Sub-Type Apartment
Source APEX MLS (Greater Louisville Association of REALTORS®)
Land Area 2493
Property Description
Exceptional Quadplex Investment in the Original Highlands - Welcome to 817 Rubel Ave, a rare opportunity to own a well maintained quadplex in the vibrant Original Highlands—one of Louisville's most sought after neighborhoods. Held by the same family for more than 50 years, this property offers both history and strong income potential in a location that continues to attract long term renters. This fully occupied four unit property features reliable tenants and a current monthly rent roll of $2,550, with one unit vacant. Investors will appreciate the diversified unit mix and consistent rental performance. Unit Breakdown • Apartment 1: 1 Bedroom | Tenant pays personal electric • Apartment 2: Large Open Studio All utilities included. Apartments 3 : 1 Bedroom All utilities included • Apartment 4 Large Open Studio, All utilities included. The owner currently covers water and gas, and tenants benefit from shared washer and dryer access in the basement, adding convenience and value for residents. Outside, the spacious backyard provides a welcoming shared space—perfect for tenant gatherings and community enjoyment. On street parking is readily available. Located near Rubel Park, the property offers convenient access to downtown Louisville, the University of Louisville, major medical centers, restaurants, and entertainment districts, making it highly desirable for renters seeking an urban lifestyle. Investment Highlights • Fully occupied quadplex • Prime Highlands location • Long term ownership history • Shared laundry and outdoor common area • Close proximity to parks, employment hubs, and entertainment This is a turnkey income producing property in one of Louisville's most dynamic neighborhoods—an opportunity investors will not want to miss.
Location
State KY
County Jefferson
Direction I-64 W to Grinstead Drive to Breckinridge Street, drive 7 min. ro Rubel Avenue.
Interior
Heating Electric, Forced Air, Natural Gas
Cooling Central Air
Exterior
Exterior Feature None
View Y/N No
Roof Type Shingle
Porch Porch
Garage No
Building
Lot Description Sidewalk
Sewer Public Sewer
Water Public
Architectural Style Other
Structure Type Brick
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Listed by BERKSHIRE HATHAWAY HomeServices, Parks & Weisberg Realtors
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