$299,000

A brick fourplex under $300,000 with rental numbers that deserve a serious look in Louisville, KY. Offered at $299,000, 3216 Fordhaven Road in Louisville brings in $3,395 in scheduled monthly rent, or $40,740 annually, with all four units occupied per the latest rent roll. That puts monthly gross rent above 1.1% of the asking price—a compelling starting point for buyers searching for an income-producing property where the numbers work without relying on future rent increases (although that upside does still exist!). At just $74,750 per unit, this fourplex offers four rental incomes under one roof and an accessible price for expanding a portfolio or purchasing your first multifamily investment. In a market where finding the right balance of purchase price and rental income takes work, Fordhaven stands out with existing tenants, strong gross income relative to price, and brick construction. Contact the listing agent for the rent roll, operating details, and showing information.