KY > Louisville
Louisville, KY 40272,12513 E Orell Rd
Louisville, KY 40272,12513 E Orell Rd
Louisville, KY 40272,12513 E Orell Rd
Louisville, KY 40272,12513 E Orell Rd
Louisville, KY 40272,12513 E Orell Rd
Louisville, KY 40272,12513 E Orell Rd
Tommy Arnold
Tommy Arnold

Owner & Principal Broker | License ID: 271981

+1(502) 442-1133

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$ 290,000

$ 325,000 10.8%

Est. payment | /mo

4 Beds

4 Baths

2,750 SqFt

$ 290,000

$ 325,000 10.8%

Est. payment | /mo

4 Beds

4 Baths

2,750 SqFt

Key Details

Sold Price $290,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,750 sqft

Price per Sqft $105

MLS Listing ID 1687862

Sold Date 07/10/25

Style Other

Bedrooms 4

HOA Y/N No

Abv Grd Liv Area 2,750

Year Built 1973

Lot Size 9,147 Sqft

Acres 0.21

Property Sub-Type Quadruplex

Source Metro Search (Greater Louisville Association of REALTORS®)

Land Area 2750

Property Description

Investor Alert - Two Updated 4-Plexes in High-Growth Area! Don't miss this incredible opportunity to add two income-producing 4-plexes—12511 & 12513 Orell Rd—to your investment portfolio for just $650,000. Professionally managed by LREI Property Management, these properties are primed for strong returns. Each building features four spacious 1-bedroom, 1-bath units, and over the last 3.5 years, more than $100K in updates have been completed. 7 of the 8 units have been renovated, with improvements including, 4 new HVAC units, luxury vinyl plank flooring, updated kitchen appliances, some new hot water heaters, fresh interior paint, new blinds, refinished bathtubs, some updated vanities, painted kitchen cabinets and some new gutters and window repairs. With the major capital expenses already addressed, you'll benefit from low maintenance costs and increased rental appeal. There's also significant upside potential as leases turn over, you can align rents with local market rates. Comparable 1BR/1BA units in the area are renting for upwards of $800/month, giving you room to grow the rent roll and maximize ROI. Located in zip code 40272, a high-demand area fueled by economic growth from the new factory in Hardin County, this property is also convenient to transit services, interstates, restaurants, shopping and entertainment. Whether you're a seasoned investor, looking to expand your portfolio or looking to get started with your first investment property purchase, this is a prime opportunity with strong cash flow potential and long-term value. Schedule your showing today!

Location

State KY

County Jefferson

Direction Blevins Gap to Street

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Exterior

Exterior Feature None

View Y/N No

Roof Type Shingle

Garage No

Building

Sewer Public Sewer

Water Public

Architectural Style Other

Structure Type Brick

Greater Louisville MLS (Metro Search Inc)
Copyright 2025 Metro Search, Inc.
Listed by Beck Realty Group
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+1(502) 442-1133

tommy@aspirelouisville.com

2420 Lime Kiln Lane - STE E, Louisville, KY, 40222

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12513 E Orell Rd