4203 Norene Ln,Louisville, KY 40219
Louisville, KY 40219
Description
Cash-flowing 4-plex generating approximately $4,800 per month, offering immediate in-place income in one of South Louisville's most reliable rental corridors. Fully leased and stabilized, this property presents a strong opportunity for investors seeking consistent cash flow with minimal upfront work. Each unit features 2 bedrooms and 1 bathroom with updated interiors, LVP flooring, washer and dryer hookups, and renovated kitchens and baths. Separate furnaces and central air systems for each unit allow for efficient operation and simplified long-term management. Positioned just off Preston Hwy near the Outer Loop with quick access to I-65, retail, and dining, this location continues to support strong tenant demand and stable occupancy. Well-maintained multi-family assets at this price point with this level of income and condition are increasingly difficult to find. Ideal for investors seeking a clean, low-maintenance property with immediate returns and long-term upside.
Details
| MLS # | 1713406 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1961 |
| Days On Site | 170 |
| Listing Provided By | Diamond Key REALTORS | Ekundayo Olomo |
Features
| Bed(s) | 8 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 3,395 |
| Story(s) | 2 |
| Acreage | 0.26 |
Area Information
| State | KY |
|---|---|
| County | Jefferson |
| City | Louisville |
| Zip Code | 40219 |
| Area | 06 Buechel | Hghvw | okolona | FernCreek |
| School District | Jefferson |
| High School | Jefferson |
| Listing VS Median (in 40219) | |
Price: $458,988 low | high Med: $264,950 sqft: 3,395 low | high Med: 1,953 $ / sqft: $135 low | high Med: $137 On site: 170 low | high Med: 68.5 | |
Market Activity 40219
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Learn More About This Property
| State | KY |
|---|---|
| County | Jefferson |
| City | Louisville |
| Zip Code | 40219 |
| Area | 06 Buechel | Hghvw | okolona | FernCreek |
| School District | Jefferson |
| High School | Jefferson |
| Listing VS Median (in 40219) | |
Price: $458,988 low | high Med: $264,950 sqft: 3,395 low | high Med: 1,953 $ / sqft: $135 low | high Med: $137 On site: 170 low | high Med: 68.5 | |
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