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729 S 39th St, Louisville, KY 40211

Local realty services provided by:CENTURY 21 Simpson & Associates
729 S 39th St,Louisville, KY 40211
$240,000
  • 5 Beds
  • 2 Baths
  • 3,217 sq. ft.
  • Multi-family
  • Active
Listed by: wsg homes, drew wisdomdenise@wsghomes.com
Office: real broker, llc.
MLS#:1699740
Source:KY_MSMLS

Price summary

  • Price:$240,000
  • Price per sq. ft.:$102.56

About this home

This Louisville triplex for sale offers a strong value-add investment opportunity with one vacant unit ready to be leased. Current income is $1,700/month ($500 + $1,200 + vacant), with pro forma rents significantly higher once stabilized-easily beating the 1% rule. Investors can immediately boost returns by filling the vacancy and capturing upside potential. Louisville's multifamily market has shown double-digit appreciation with a 19.47% increase in median sales price year-over-year, proving the strength of this location. Whether you're expanding your portfolio or entering the market, this triplex investment property in Louisville, KY is positioned for cash flow and appreciation.

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Home facts

  • Year built:1935
  • Listing ID #:1699740
  • Added:116 day(s) ago
  • Updated:January 27, 2026 at 04:05 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:2
  • Living area:3,217 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:FORCED AIR, Natural gas

Structure and exterior

  • Year built:1935
  • Building area:3,217 sq. ft.
  • Lot area:0.15 Acres

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$240,000
  • Price per sq. ft.:$102.56

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