9
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$325,000
Est. payment /mo
3,348 SqFt
Price Dropped by $25K
4207 Norene Ln Louisville, KY 40219
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UPDATED:
12/06/2024 06:17 PM
Key Details
Property Type Multi-Family
Sub Type Quadplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,348 sqft
Price per Sqft $97
MLS Listing ID 1673020
Style Townhouse
HOA Y/N No
Abv Grd Liv Area 3,348
Originating Board Metro Search (Greater Louisville Association of REALTORS®)
Year Built 1960
Lot Size 9,147 Sqft
Acres 0.21
Property Description
Investor's dream! This all-brick 4-plex is located in the heart of Louisville, KY, one of the fastest growing markets in the region. This area specifically has seen a 46% increase in property values over just the last five years. Louisville is known for its solid brick investment properties, offering minimal maintenance and long-term durability—this property is no exception. This quadplex is the definition of a value add play-with units needing to be turned and significant growth in rental income possible. With a rent roll of $4920 being possible (per the HUD FMR 2025 rates), there is an opportunity to come in and increase the income as well for another easy value add opportunity. Don't miss this opportunity to capitalize on Louisville's booming real estate market!
Location
State KY
County Jefferson
Direction I-264 to Exit 14 Poplar Level Rd. Turn right onto Naomi Dr. Right onto Norene Ln.
Interior
Heating Natural Gas
Cooling Wall/Window Unit(s)
Exterior
Exterior Feature None
View Y/N No
Roof Type Shingle
Garage No
Building
Architectural Style Townhouse
Structure Type Brick
Copyright 2025 Metro Search, Inc.
Listed by Keller Williams Louisville East