5419 New Cut Rd, Louisville, KY 40214
Local realty services provided by:CENTURY 21 Simpson & Associates
5419 New Cut Rd,Louisville, KY 40214
$375,000
- - Beds
- - Baths
- 6,864 sq. ft.
- Multi-family
- Pending
Listed by: jenny johnston, reed b weinberg
Office: colliers
MLS#:1712462
Source:KY_MSMLS
Price summary
- Price:$375,000
- Price per sq. ft.:$54.63
About this home
*Please note: Listing photos were taken prior to the fire incident discussed below. Positioned in a high-demand corridor of South Louisville, this 11-unit mixed-use property offers a compelling value-add opportunity for investors seeking strong upside potential. The asset consists of 10 residential units and 1 commercial space. The property has experienced fire damage, with several units impacted. Ownership has estimated approximately $330,000 in remaining renovation costs to restore the asset to full stabilization. The property is offered as-is, with the purchaser assuming responsibility for completing the improvements. Prior to the disruption, the property consistently performed as a strong income-producing asset, benefiting from its strategic location along a major thoroughfare. Residents enjoy convenient access to retail, dining, essential services, and nearby recreational amenities including Iroquois Park. This offering represents a rare opportunity to reposition and stabilize a historically high-performing property, with the potential to achieve attractive yields in a supply-constrained, high-demand rental market....
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Home facts
- Year built:1947
- Listing ID #:1712462
- Added:5 day(s) ago
- Updated:March 31, 2026 at 02:16 PM
Rooms and interior
- Living area:6,864 sq. ft.
Heating and cooling
- Cooling:Central Air
- Central air:Yes
Structure and exterior
- Year built:1947
- Building area:6,864 sq. ft.
- Lot area:0.3 Acres
- Architectural Style:Traditional
- Construction Materials:brick
- Exterior Features:Balcony
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$375,000
- Price per sq. ft.:$54.63
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