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724 S 38th St, Louisville, KY 40211

Local realty services provided by:CENTURY 21 Simpson & Associates
724 S 38th St,Louisville, KY 40211
$220,000
  • 4 Beds
  • - Baths
  • 2,464 sq. ft.
  • Multi-family
  • Active
Listed by: wsg homes, drew wisdomdenise@wsghomes.com
Office: real broker, llc.
MLS#:1699736
Source:KY_MSMLS

Price summary

  • Price:$220,000
  • Price per sq. ft.:$89.29

About this home

Currently generating $2,500/month ($1,400 + $1,100), this brick duplex rental property in Louisville easily beats the 1% rule. Both units are well-sized, fully occupied, and in demand, offering immediate cash flow and long-term equity growth. The all-brick construction ensures easy maintenance and strong tenant appeal. Backed by Louisville's appreciation metrics—7.14% YTD increase in average sale price and nearly 20% annual growth in median sales price—this property is a strong performer in one of the nation's most resilient housing markets.

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Home facts

  • Year built:1925
  • Listing ID #:1699736
  • Added:116 day(s) ago
  • Updated:January 27, 2026 at 04:05 PM

Rooms and interior

  • Bedrooms:4
  • Living area:2,464 sq. ft.

Heating and cooling

  • Heating:Natural gas

Structure and exterior

  • Year built:1925
  • Building area:2,464 sq. ft.
  • Lot area:0.15 Acres

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$220,000
  • Price per sq. ft.:$89.29

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