312 E Ormsby Ave, Louisville, KY 40203
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312 E Ormsby Ave, Louisville, KY 40203
312 E Ormsby Ave, Louisville, KY 40203
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Trueblood Real Estate

Trueblood Real Estate

+1(317) 513-1395
$ 637,143
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312 E Ormsby Ave Louisville, KY 40203

8 Beds

4 Baths

3,184 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,184 sqft

Price per Sqft $200

Subdivision Old Louisville

MLS Listing ID 1715037

Bedrooms 8

HOA Y/N No

Abv Grd Liv Area 3,184

Year Built 2026

Lot Size 9,583 Sqft

Acres 0.22

Property Sub-Type Quadruplex

Source APEX MLS (Greater Louisville Association of REALTORS®)

Land Area 3184

Property Description

Rare new construction quadplex opportunity with built-in upside. This to-be-built property will feature four well-designed units, each offering 2 bedrooms, 1 bathroom, and approximately 796 square feet of efficient living space—ideal for maximizing rental income and tenant appeal. Each unit will be thoughtfully laid out to provide comfortable living, low maintenance, and strong long-term performance. With new construction, investors can benefit from reduced capital expenditures and modern systems from day one. An additional value-add opportunity may exist with the potential for an accessory dwelling unit (ADU) at the rear of the property. Plans are currently in the approval process for a proposed 3-bedroom, 1.5-bath residence; however, construction of the ADU is subject to final approv by the appropriate governing authorities. Pro forma projections indicate a 7% cap rate, making this an attractive option for investors seeking both stability and future growth.

Location

State KY

County Jefferson

Direction From I-65 N. Take exit 134B for Woodbine St. Turn left onto Woodbine St. Turn right onto Evans St. Turn right. Home will be on the right

Interior

Heating Electric

Exterior

Exterior Feature None

View Y/N No

Roof Type Shingle

Porch Deck, Porch

Garage No

Building

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding,Wood Frame


Greater Louisville MLS (Metro Search Inc)
Listed by Real Estate Go To

NEARBY SCHOOLS & PROPERTIES

Trueblood Real Estate

Trueblood Real Estate

Brokerage | RB14046098

+1(317) 513-1395

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312 E Ormsby Ave