4307 Elliott Ave, Louisville, KY 40211
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Mark Ridings

Mark Ridings

+1(502) 262-4458
$380,000
Est. payment /mo
12 Beds
6 Baths
5,408 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 5,408 sqft

Price per Sqft $70

Subdivision Doerhoefers

MLS Listing ID 1728207

Style Other

Bedrooms 12

HOA Y/N No

Abv Grd Liv Area 5,408

Year Built 1946

Lot Size 9,583 Sqft

Acres 0.22

Property Sub-Type Apartment

Source APEX MLS (Greater Louisville Association of REALTORS®)

Land Area 5408

Property Description

Six-unit multifamily investment opportunity in Louisville with immediate value-add potential. This property currently generates $3,130/month in rental income with only four of the six units occupied, giving the next owner an opportunity to significantly increase revenue through lease-up of the two vacant units. At a list price of $380,000, that's just over $63,000 per unit for a six-unit building with existing cash flow and additional income upside already built in. The property offers a straightforward path for an investor looking to grow a multifamily portfolio: acquire an income-producing asset, fill the remaining vacancies, and work toward stabilizing all six units. With 12 bedrooms, 6 bathrooms and approximately 5,408 finished square feet, the building provides meaningful scale without stepping into a large apartment complex. Located in an established rental area with convenient access to major Louisville employment, transportation and amenities. Four units are currently occupied and producing income, while two vacant units provide the opportunity for a new owner to place tenants and capture additional cash flow. Whether you're expanding an existing portfolio or moving from smaller residential investments into multifamily, this property offers an attractive combination of current income, unit count and upside potential. Schedule your showing and run the numbers.

Location

State KY

County Jefferson

Direction From I-264 W (Watterson Expressway), take Exit 3 toward Hale Ave. Continue via Hale Ave, then Cecil Ave to W Broadway. Turn onto S 44th St, then continue to Elliott Ave. Follow Elliott Ave to 4307 Elliott Ave, Louisville, KY 40211.

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Exterior

Exterior Feature None

View Y/N No

Roof Type Shingle

Garage No

Building

Lot Description Sidewalk

Sewer Public Sewer

Water Public

Architectural Style Other

Structure Type Brick Veneer

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Greater Louisville MLS (Metro Search Inc)
Copyright 2026 Metro Search, Inc.
Listed by Real Broker, LLC

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Mark Ridings

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Phone

+1(502) 262-4458

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