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$1,350,000   Price Analysis
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2014 Landing Dr
Louisville, KY 40218
Unknown bed None bath 13,444 SqFt ($100/SqFt)
Built 1970
Listed 2024-02-04, Taxes $10,028
Ⓧ USDA Ineligible
due to price & location

near Louisville

This 18 unit multifamily asset is located in the Buechel neighborhood

Minutes from GE Appliance Park and other major employers and easy access to public transportation. The property has been professionally managed and includes 18 1BR/1BA units with dishwashers, ample ff street parking and on site coin op laundry.

It is separately metered and tenants pay their own electric (LL pays for gas hot water heater). This turn-key investment is a exceptional opportunity to start or build a multifamily portfolio.


Presented by Jenny Johnston at
Prg Commercial Property Advisors.


Property MLS #1653904 from Louisville

Heating Features: Forced Air
Heating: Yes

Number of Units: 18

Calculated Total Monthly Association Fees: 0

Source Listing Status: Active
County: Jefferson
Directions: Get on I-65 S 2 min (0.5 mi) Continue on I-65 S. Take I-264 E to US-150 E/US-31E S/Bardstown Rd. Take exit 16 from I-264 E 9 min (8.5 mi) Continue on US-150 E/US-31E S. Drive to Norfolk Dr
Source Property Type: MultiFamily
Area: 06-Buchel/Hghvw/okolona/FernCreek
MLS Area Minor: 06-Buchel/Hghvw/okolona/FernCreek
Source Neighborhood: 06-Buchel/Hghvw/okolona/FernCreek
Property Subtype: Apartment
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$704,410 + $144,000
$848,410
$10,028
2021$255,340 + $108,000
$363,340
$4,704
2020$255,340 + $108,000
$363,340
$4,385
2019$255,340 + $108,000
$363,340
$4,301
2018$255,340 + $108,000
$363,340
$4,252
2017$255,340 + $108,000
$363,340
$3,813
2016$255,340 + $108,000
$363,340
$3,831
2015$364,690 + $85,310
$450,000
$4,758
2014$364,690 + $85,310
$450,000
$4,758
2013$364,690 + $85,310
$450,000
$4,758
2012$364,690 + $85,310
$450,000
$4,713
2011$364,690 + $85,310
$450,000
$4,610
2010$unknown + $unknown
$450,000
$4,605
2009$unknown + $unknown
$450,000
$4,470

Price Changed 2024-05-28
$1,350,000
Louisville
Listed 2024-02-04
$1,399,000
Louisville
Sold 2022-07-22
$817,500
Public Record
Sold 2005-03-07
$450,000
Public Record

Total Square Feet Living: 13444
Year Built: 1970
Above Grade Finished Area: 9036
BelowGradeFinishedArea: 4408
Building Area Total: 9036
Building Exterior Type: Brick
Construction Materials: Brick
Property Age: 54
Roof: Shingle
Total Area Sqft: 9036
Architectural Style: Traditional

City Sewer

Price Elementary School is a public elementary school located approximately 1.3 miles away.
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Newburg Middle School is a public middle school located approximately 1.4 miles away.
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Fern Creek Traditional High School is a public high school located approximately 3.4 miles away.
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St. Bartholomew Elementary School is a private elementary and middle school located approximately 0.2 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.