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8 Beds
4 Baths
3,430 sqft

$430,000

4342 Newport Rd, Louisville KY, 40218

Price per sqft$125.36
Built in1972
Property size3,430 sqft
Property typeMulti-family

Overview

Active

Listed Jul 15, 2026

Updated Jul 22

Great investment opportunity featuring four fully occupied 2 bedroom, 1 bath apartments with a solid rental history and dependable cash flow. Several long term tenants have called this property home for over seven years, providing excellent stability for investors. Each unit offers laundry hookups, with additional laundry hookups located in the basement and private storage areas in the basement that present potential for additional income. Major improvements completed in 2018 include the roof, HVAC systems, appliances, and pavement, helping reduce future maintenance expenses. Conveniently located within walking distance of GE, FedEX TARC bus lines, ALDI and other everyday amenities, making it an attractive location for tenants. Owner pays water, sewer, electric and trash pickup, tenants are responsible to pay electric and gas service. May be purchased together with 4920 Cawood Drive, just down the street, for an excellent portfolio opportunity.

$2,861/mo

Est. mortgage payment based on a $430,000 home price.

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

Additional information

MLS® ID
1723408

Interior Features

Bedrooms
8
Bathrooms
4
Cooling
Yes
Basement
Yes

Exterior Features

Lot Size
0.22 Acres

Courtesy of Schuler Bauer Real Estate Services ERA Powered, Terry Golladay,
Listing Contact: 502-500-3044 

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 4:49 AM UTC, 7/22/2026

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