724 S 38th St, Louisville, KY 40211
Local realty services provided by:CENTURY 21 Simpson & Associates
724 S 38th St,Louisville, KY 40211
$215,000
- 8 Beds
- 4 Baths
- 2,464 sq. ft.
- Multi-family
- Active
Listed by: wsg homes, drew wisdom
Office: real broker, llc.
MLS#:1699736
Source:KY_MSMLS
Price summary
- Price:$215,000
- Price per sq. ft.:$87.26
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:207 day(s) ago
- Updated:April 28, 2026 at 02:45 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Basement:Yes
- 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
- Lot Features:Sidewalk
- Construction Materials:brick
- Exterior Features:Porch
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$215,000
- Price per sq. ft.:$87.26
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