2506 W Jefferson St, Louisville, KY 40212
Local realty services provided by:CENTURY 21 Simpson & Associates
2506 W Jefferson St,Louisville, KY 40212
$49,900
- 4 Beds
- 2 Baths
- 1,948 sq. ft.
- Single family
- Active
Listed by: alex parker
Office: simpler.realestate
MLS#:1720175
Source:KY_MSMLS
Price summary
- Price:$49,900
- Price per sq. ft.:$25.62
About this home
Investor special with multiple exit strategies and serious upside potential. This large 2-story property sits on a deep lot with rear alley access and offers the opportunity to create strong cash flow or a spacious single-family home. Currently configured as a duplex with separate first and second floor units, the property could remain as two 2-bedroom, 1-bath apartments or be converted back into its original single-family layout. For investors looking to maximize rental income, area rents for renovated 2-bedroom apartments average approximately $1,000 per month per unit. Another attractive option is transforming the property into a large 5-bedroom, 2-bath single-family home with generous room sizes and strong rental demand. Market rents for comparable 5-bedroom homes are around $1,600 per month, with Section 8 rates potentially exceeding $2,000 per month. The home will require a full renovation including major repairs, updates, and layout modifications, making this a true project property for experienced investors, flippers, or landlords looking to build equity. After repair value to be approximately $200,000. Rare opportunity with flexible investment potential and rear alley access, offering ample room for parking or future improvements. Sold as-is....
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Home facts
- Year built:1900
- Listing ID #:1720175
- Added:5 day(s) ago
- Updated:June 17, 2026 at 02:48 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:9
- Basement:Yes
- Living area:1,948 sq. ft.
Structure and exterior
- Year built:1900
- Building area:1,948 sq. ft.
- Lot area:0.12 Acres
- Lot Features:Level, Sidewalk
- Architectural Style:Traditional
- Construction Materials:Vinyl siding, Wood Frame
- Exterior Features:Porch
- Foundation Description:Crawl Space
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$49,900
- Price per sq. ft.:$25.62
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