311 Meadowood Rd, Louisville, KY 40229
Local realty services provided by:CENTURY 21 Simpson & Associates
311 Meadowood Rd,Louisville, KY 40229
$170,000
- 5 Beds
- 4 Baths
- 2,300 sq. ft.
- Multi-family
- Active
Listed by: sara carpenter, david conner
Office: schuler bauer real estate services era powered
MLS#:1723297
Source:KY_MSMLS
Price summary
- Price:$170,000
- Price per sq. ft.:$73.91
About this home
Investors, landlords or someone looking for an unconventional property. Unlocking an incredible, rare investment opportunity right on the edge of Jefferson and Bullitt County! Welcome to 311 Meadowood Road, Louisville, Kentucky, a highly adaptable and unique multi-family property perfectly situated directly on the Louisville, Kentucky Bullitt County Line. Boasting coveted R2 multi-family zoning within Bullitt County, Kentucky, this versatile real estate gem offers immense value for savvy real estate investors, multi-generational families, or anyone seeking a property with endless utility. The primary footprint features a traditional three bedroom one bathroom house that serves as an excellent foundation for rental income or a main residence. The current owner converted one bedroom into a laundry room. Adding incredible value to this setup is an expansive, attached accessory dwelling unit (ADU) designed with a spacious layout that includes two bedrooms two full bathrooms, a large living room, a kitchen, its own separate laundry and abundant extra storage space. For automotive and powersports enthusiasts, the property features a highly practical attached two car motorcycle garage. In addition to the primary living quarters and secondary suite, a standout feature of this unique property is a secondary garage that has been carefully converted to a meeting room area. This distinctive space has been proudly used for local gatherings and community events for many years, highlighting the incredible flexibility of the site. Additionally a 1/2 bathroom in the courtyard has been added for when the property hosts gatherings. While this value-add real estate investment needs work and aesthetic updates to reach its absolute highest and best use, the most expensive infrastructure items are completely taken care of. A major selling point is that all major mechanicals are newer across the entire compound, saving you tens of thousands of dollars in immediate capital expenditures. The property features a robust mechanical setup including three HVAC systems, three separate water heaters, and the roofs are newer, providing excellent structural protection and energy efficiency across the buildings. Outside, the property provides unparalleled accessibility with massive driveway space accommodating up to or six or parking spots, ensuring your tenants,or multi-generational household members, never have to worry about parking space availability. This property represents the ultimate blank canvas to finish to your exact specifications. For your convenience, there is also a covered gazebo for your outdoor gatherings. Please note that this rare multi-dwelling asset is being sold as is, making it a perfect match for cash buyers, hard money or conventional buyers. Don't miss your chance to own a highly unique Bullitt County R2 zoned multi-family property with an established accessory dwelling unit and converted community meeting space in a fantastic perimeter location. Please call Bullitt County Planning and Zoning to confirm all zoning and uses....
Contact an agent
Home facts
- Year built:1952
- Listing ID #:1723297
- Added:1 day(s) ago
- Updated:July 14, 2026 at 09:42 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:4
- Living area:2,300 sq. ft.
Heating and cooling
- Heating:Natural gas
Structure and exterior
- Year built:1952
- Building area:2,300 sq. ft.
- Lot area:0.15 Acres
- Architectural Style:Ranch
- Construction Materials:Vinyl siding, Wood Frame
- Exterior Features:Balcony, Deck
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$170,000
- Price per sq. ft.:$73.91
Parking
- Garage:Yes
- Garage spaces:2
New listings near 311 Meadowood Rd
$523,021Pending4 beds 3 baths2,653 sq. ft.14116 Halden Ridge Way, Louisville, KY 40245
MLS# 1723262Listed by: BERKSHIRE HATHAWAY HOMESERVICES, PARKS & WEISBERG REALTORS- New
$120,900Active2 beds 2 baths846 sq. ft.3505 Lodge Ln #210, Louisville, KY 40218
MLS# 1723265Listed by: SEMONIN REALTORS - New
$400,000Active3 beds 2 baths2,897 sq. ft.218 Kennedy Ave, Louisville, KY 40206
MLS# 1723267Listed by: REALTY ADVANCED - New
$830,000Active5 beds 4 baths3,396 sq. ft.718 Talon Pl, Louisville, KY 40223
MLS# 1723268Listed by: HOMEPAGE REALTY - New
$325,000Active3 beds 3 baths1,818 sq. ft.1502 Eastbridge Ct, Louisville, KY 40223
MLS# 1723269Listed by: KELLER WILLIAMS COLLECTIVE - New
$250,000Active4 beds 1 baths1,140 sq. ft.427 Harris Pl, Louisville, KY 40222
MLS# 1723272Listed by: KENTUCKY SELECT PROPERTIES - New
$265,000Active3 beds 2 baths1,426 sq. ft.13010 Bessels Blvd, Louisville, KY 40272
MLS# 1723273Listed by: ZHOMES REAL ESTATE - New
$499,000Active4 beds 3 baths2,265 sq. ft.2221 Bonnycastle Ave, Louisville, KY 40205
MLS# 1723274Listed by: WHITE PICKET REAL ESTATE - New
$299,900Active3 beds 3 baths3,153 sq. ft.6701 Scenic Trail, Louisville, KY 40272
MLS# 1723275Listed by: NEST REALTY - New
$54,000Active0.13 Acres914 W Riverside Dr, Louisville, KY 40207
MLS# 1723276Listed by: SIMPLER.REALESTATE
Protect your home and budget from life's surprises with an Assurant Home Warranty, backed by a partner that supports you through every step of homeownership. Explore Plans.
©2026 Century 21 Real Estate LLC. All rights reserved. CENTURY 21®, the CENTURY 21 Logo and C21® are service marks owned by Century 21 Real Estate LLC. Century 21 Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated. Listing information is deemed reliable but not guaranteed accurate.