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1439 Thornberry Ave, Louisville, KY 40215

Louisville
Local realty services provided by:CENTURY 21 Simpson & Associates
1439 Thornberry Ave,Louisville, KY 40215
$550,000
  • 16 Beds
  • 8 Baths
  • 7,200 sq. ft.
  • Multi-family
  • Active
Listed by: denise wisdom, drew wisdom
Office: real broker, llc.
MLS#:1717424
Source:KY_MSMLS

Price summary

  • Price:$550,000
  • Price per sq. ft.:$76.39

About this home

Turnkey 8-unit multifamily opportunity with all units vacant and rent ready—allowing investors to lease at current market rents from day one instead of inheriting under-market tenants. Property consists of eight 2BR/1BA units in a strong rental corridor with nearby rental comps supporting approximately $1000-$1,200+ monthly rents depending on finishes and strategy (aka it should surpass the 1% rule pretty easily). Ideal for investors seeking immediate lease-up potential, strong cash flow upside, and operational flexibility. Perfect value-add opportunity without heavy rehab needs. Great fit for buy-and-hold investors, BRRRR strategies, or portfolio expansion. Rare chance to stabilize an entire 8-unit building at today's market rates.

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Home facts

  • Year built:1952
  • Listing ID #:1717424
  • Added:50 day(s) ago
  • Updated:July 04, 2026 at 03:20 PM

Rooms and interior

  • Bedrooms:16
  • Total bathrooms:8
  • Living area:7,200 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Natural gas
  • Central air:Yes

Structure and exterior

  • Year built:1952
  • Building area:7,200 sq. ft.
  • Construction Materials:Wood Frame, brick
  • Exterior Features:Porch

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$550,000
  • Price per sq. ft.:$76.39

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