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2020 Midland Ave, Louisville, KY 40204

Louisville
Local realty services provided by:CENTURY 21 Simpson & Associates
2020 Midland Ave,Louisville, KY 40204
$1,556,000
  • - Beds
  • - Baths
  • 7,722 sq. ft.
  • Multi-family
  • Pending
Listed by: jenny johnston, reed b weinberg
Office: colliers
MLS#:1713484
Source:KY_MSMLS

Price summary

  • Price:$1,556,000
  • Price per sq. ft.:$201.5

About this home

Located in the historic Cherokee Triangle, this 14-unit property is a rare generational offering. Purpose-built as apartments—an uncommon feature in this submarket—it consists of fourteen 1BR/1BA units with rents well below the sub-market averages. It is just steps from Louisville's most walkable corridors, with convenient access to shopping, dining, and services. Held by the same ownership for decades, the property has benefited from consistent professional management. Units feature forced air heating and central air, with tenants responsible for gas and electric, helping to control operating expenses. Additional savings are achieved through a water and trash recapture program. While current unit conditions meet market demand, there is an opportunity for a new owner to implement upgrades and drive further rent growth. The property has been well maintained with no significant deferred maintenance, and a full electrical panel upgrade was completed in 2023. Opportunities like this are...

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Home facts

  • Year built:1960
  • Subdivision & Development:NONE
  • Listing ID #:1713484
  • Added:200 day(s) ago
  • Updated:August 03, 2026 at 07:47 AM

Rooms and interior

  • Living area:7,722 sq. ft.

Heating and cooling

  • Heating:FORCED AIR

Structure and exterior

  • Year built:1960
  • Building area:7,722 sq. ft.
  • Architectural Style:Contemporary
  • Construction Materials:brick
  • Exterior Features:Balcony

Finances and disclosures

  • Price:$1,556,000
  • Price per sq. ft.:$201.5

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