4203 Norene Ln, Louisville, KY 40219

$458,988
8
BD
4
BA
3,395
SqFt

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List Price
$458,988
Status
ACTIVE
Days on Market
119
MLS#
1713406
Subtype
Residential
Style
Traditional
Year Built
1961
Bedrooms
8
Bathrooms
4
Full Baths
4
Living Area
3,395
Lot Size
11,138
Acres
0.26
Neighborhood
Buechel/Hghvw/okolona/FernCreek
MLS Area Major
06-Buechel/Hghvw/okolona/FernCreek

Property Description

Cash-flowing 4-plex generating approximately $4,800 per month, offering immediate in-place income in one of South Louisville's most reliable rental corridors. Fully leased and stabilized, this property presents a strong opportunity for investors seeking consistent cash flow with minimal upfront work. Each unit features 2 bedrooms and 1 bathroom with updated interiors, LVP flooring, washer and dryer hookups, and renovated kitchens and baths. Separate furnaces and central air systems for each unit allow for efficient operation and simplified long-term management. Positioned just off Preston Hwy near the Outer Loop with quick access to I-65, retail, and dining, this location continues to support strong tenant demand and stable occupancy. Well-maintained multi-family assets at this price point with this level of income and condition are increasingly difficult to find. Ideal for investors seeking a clean, low-maintenance property with immediate returns and long-term upside.

Additional Information

Property Description
Traditional
Heating
Natural Gas
Air Conditioning
Central Air
Stories
2
Roof
Shingle
Foundation
Crawl Space, Poured Concrete
Parking
Off Street
Parking Features
Off Street
School District
Jefferson

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Calculator source: Real Geeks

Listing courtesy of Diamond Key REALTORS.