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3610 Del Park Terrace, Louisville, KY 40211

Louisville
Local realty services provided by:CENTURY 21 Simpson & Associates
3610 Del Park Terrace,Louisville, KY 40211
$980,000
  • 16 Beds
  • 14 Baths
  • 9,824 sq. ft.
  • Multi-family
  • Active
Listed by: desmond martin
Office: colliers
MLS#:1711511
Source:KY_MSMLS

Price summary

  • Price:$980,000
  • Price per sq. ft.:$99.76

About this home

Value-add 14-unit multifamily investment opportunity in West Louisville. The property consists entirely of 1-bedroom, 1-bath units, with 12 units approximately 550+ SF and 2 units approximately 800+ SF. Currently generating ~$8,000/month in gross income with four vacancies, including two recently renovated units now in lease-up, offering immediate upside through stabilization and rent normalization. Market rents are $800+ for market tenants (tenant-paid gas and electric) and $950+ for Section 8 (gross). Each unit is individually metered for LG&E, with water/sewer common. Recent ownership upgrades help reduce near-term CAPEX. Convenient location with quick access to I-264 and major Louisville corridors, positioned in an area seeing continued community investment and redevelopment.

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Home facts

  • Year built:1929
  • Listing ID #:1711511
  • Added:43 day(s) ago
  • Updated:April 28, 2026 at 02:45 PM

Rooms and interior

  • Bedrooms:16
  • Total bathrooms:14
  • Basement:Yes
  • Living area:9,824 sq. ft.

Heating and cooling

  • Cooling:Central Air, Wall/Window Unit(s)
  • Heating:Radiant
  • Central air:Yes

Structure and exterior

  • Year built:1929
  • Building area:9,824 sq. ft.

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$980,000
  • Price per sq. ft.:$99.76

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