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$ 1,184,000
Est. payment /mo
New
7602 Garrison Rd Louisville, KY 40214
2 Baths
10,434 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 10,434 sqft
Price per Sqft $113
MLS Listing ID 1706798
HOA Y/N No
Abv Grd Liv Area 10,434
Year Built 1970
Property Sub-Type Apartment
Source APEX MLS (Greater Louisville Association of REALTORS®)
Land Area 10434
Property Description
This well-positioned 16-unit multifamily property is located in a mature, stable South Louisville neighborhood, offering both immediate income and long-term upside.
The property includes extensive renovations in most apartments and an upgraded parking lot. Each of the spacious 1-bedroom, 1-bathroom units is individually metered for gas and electric, providing efficient utility management. On-site laundry facilities add convenience for residents and additional revenue.
Ideally situated adjacent to a large industrial park and near major employment centers, this property caters perfectly to the workforce housing segment — a consistently strong performer in the Louisville market. The community also borders a quiet single-family neighborhood, offering tenants a comfortable residential environment. With steady demand for workforce housing and continued rent growth across the market, investors can expect high occupancy and reliable cash flow.
The property includes extensive renovations in most apartments and an upgraded parking lot. Each of the spacious 1-bedroom, 1-bathroom units is individually metered for gas and electric, providing efficient utility management. On-site laundry facilities add convenience for residents and additional revenue.
Ideally situated adjacent to a large industrial park and near major employment centers, this property caters perfectly to the workforce housing segment — a consistently strong performer in the Louisville market. The community also borders a quiet single-family neighborhood, offering tenants a comfortable residential environment. With steady demand for workforce housing and continued rent growth across the market, investors can expect high occupancy and reliable cash flow.
Location
State KY
County Jefferson
Direction Off National Turnpike
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Exterior
Exterior Feature None
View Y/N No
Roof Type Asphalt
Garage No
Building
Lot Description Sidewalk
Building Description Brick, Pets Allowed
Sewer Public Sewer
Water Public
Structure Type Brick
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Listed by PRG Commercial Property Advisors