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$615,000   Price Analysis
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4005 Delores Ave
Louisville, KY 40216
Unknown bed None bath 6,931 SqFt ($88/SqFt)
0.27 acre lot. Built 1964
Listed 2024-07-03, Taxes $3,707
Ⓧ USDA Ineligible
due to location

near Louisville

This 8 unit multifamily opportunity is located in a high demand location of South Louisville.

The property is situated on a s ingle-family residential street conveniently located at the corner of Dixie Highway and Crums Lane. The proximity to bus stops and grocery stores makes this asset desirable for tenants.

It is comprised of eight 2BR/1BA units. A new owner can continue turning units and raising rent to add value. Property is separately metered fr electric and the boiler heat is paid by owner. Highlights include: > Designated parking for each unit > Laundry room in basement > Single-family residential neighborhood


Presented by Reed B Weinberg at
Prg Commercial Property Advisors.


Property MLS #1664791 from Louisville

Heating Features: Natural Gas
Heating: Yes

Balcony

Lot Size Acres: 0.27
Lot Size Dimensions: 78x155
Lot Size Square Feet: 11761

Parking Total: 8

Number of Units: 8

Calculated Total Monthly Association Fees: 0

Source Listing Status: Active
Tax Block: 1014
County: Jefferson
Directions: Dixie Highway to Crums to Property
Source Property Type: MultiFamily
Area: 01-Dtwn Old Louisville/Shively/West Lou
MLS Area Minor: 01-Dtwn Old Louisville/Shively/West Lou
Source Neighborhood: 01-Dtwn Old Louisville/Shively/West Lou
Parcel Number: 10150438pt17
Property Subtype: Apartment
Lot Number: 0438
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$338,000 + $32,000
$370,000
$3,707
2021$283,000 + $32,000
$315,000
$3,423
2020$233,200 + $32,000
$265,200
$2,670
2019$233,200 + $32,000
$265,200
$2,609
2018$206,210 + $48,790
$255,000
$2,474
2017$206,210 + $48,790
$255,000
$2,421
2016$206,210 + $48,790
$255,000
$2,433
2015$206,210 + $48,790
$255,000
$2,441
2014$206,210 + $48,790
$255,000
$2,441
2013$206,210 + $48,790
$255,000
$2,441
2012$206,210 + $48,790
$255,000
$2,416
2011$206,210 + $48,790
$255,000
$2,357

Listed 2024-07-03
$615,000
Louisville
Listing removed 2024-04-11
$0
Louisville
Price Changed 2024-03-25
$600,000
Louisville
Listed 2024-02-21
$625,000
Louisville
Sold 2022-02-22
$410,000
Public Record
Sold 2021-08-31
$370,000
Public Record
Sold 2020-04-08
$315,000
Public Record
Listing removed 2020-03-18
$0
Louisville
Price Changed 2019-12-16
$350,000
Louisville
Listed 2019-09-25
$360,000
Louisville
Listing removed 2011-11-03
$299,900
Louisville
Price Changed 2011-10-13
$299,900
Louisville
Listed 2010-11-02
$335,000
Louisville
Sold 2007-09-11
$255,000
Public Record

Total Square Feet Living: 6931
Year Built: 1964
Above Grade Finished Area: 6206
BelowGradeFinishedArea: 725
Building Area Total: 6206
Building Exterior Type: Concrete, Brick
Construction Materials: Concrete, Brick
Property Age: 60
Total Area Sqft: 6206

City Sewer
City Water
Electricity Connected

Butler Traditional High School is a public high school located approximately 0.3 miles away.
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Schaffner Elementary School is a public elementary school located approximately 0.8 miles away.
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Johnson Traditional Middle School is a public middle school located approximately 3.1 miles away.
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St. Helen Elementary School is a private elementary and middle school located approximately 0.1 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.