Property photo 1
12 Beds
6 Baths
5,408 sqft

$380,000

4307 Elliott Ave, Louisville KY, 40211

Price per sqft$70.27
Built in1946
Property size5,408 sqft
Property typeOther

Overview

Active

Listed Sep 4, 2026

Updated Sep 5

Six-unit multifamily investment opportunity in Louisville with immediate value-add potential. This property currently generates $3,130/month in rental income with only four of the six units occupied, giving the next owner an opportunity to significantly increase revenue through lease-up of the two vacant units. At a list price of $380,000, that's just over $63,000 per unit for a six-unit building with existing cash flow and additional income upside already built in. The property offers a straightforward path for an investor looking to grow a multifamily portfolio: acquire an income-producing asset, fill the remaining vacancies, and work toward stabilizing all six units. With 12 bedrooms, 6 bathrooms and approximately 5,408 finished square feet, the building provides meaningful scale without stepping into a large apartment complex. Located in an established rental area with convenient access to major Louisville employment, transportation and amenities. Four units are currently occupied and producing income, while two vacant units provide the opportunity for a new owner to place tenants and capture additional cash flow. Whether you're expanding an existing portfolio or moving from smaller residential investments into multifamily, this property offers an attractive combination of current income, unit count and upside potential. Schedule your showing and run the numbers.

$2,528/mo

Est. mortgage payment based on a $380,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1728207

Interior Features

Bedrooms
12
Bathrooms
6
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.22 Acres

Courtesy of Real Broker, LLC, Denise Wisdom,
Listing Contact: 502-264-1908 

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Greater Louisville Association of REALTORS held by brokerage firms other than Ethan John Adams are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about each listing includes the name of the listing broker.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Ethan John Adams shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 5:13 AM UTC, 9/5/2026

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