KY > Louisville > Doerhoefers
Louisville, KY 40211,729 S 39th St
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Tommy Arnold

Tommy Arnold

+1(502) 442-1133
$ 240,000
Est. payment | /mo

5 Beds

2 Baths

3,217 SqFt

Save
$ 240,000
Est. payment | /mo
Save

5 Beds

2 Baths

3,217 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,217 sqft

Price per Sqft $74

Subdivision Doerhoefers

MLS Listing ID 1699740

Bedrooms 5

HOA Y/N No

Abv Grd Liv Area 2,340

Year Built 1935

Lot Size 6,534 Sqft

Acres 0.15

Property Sub-Type Triplex

Source APEX MLS (Greater Louisville Association of REALTORS®)

Land Area 2340

Property Description

This Louisville triplex for sale offers a strong value-add investment opportunity with one vacant unit ready to be leased. Current income is $1,700/month ($500 + $1,200 + vacant), with pro forma rents significantly higher once stabilized-easily beating the 1% rule. Investors can immediately boost returns by filling the vacancy and capturing upside potential. Louisville's multifamily market has shown double-digit appreciation with a 19.47% increase in median sales price year-over-year, proving the strength of this location. Whether you're expanding your portfolio or entering the market, this triplex investment property in Louisville, KY is positioned for cash flow and appreciation.

Location

State KY

County Jefferson

Direction I-264 toTake exit 2 toward Muhammad Ali Blvd onto W Muhammad Ali Blvd. Turn left onto S 34th St.Turn right onto W Broadway. Turn left onto S 39th St.

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Exterior

Exterior Feature None

View Y/N No

Roof Type Composition,Shingle

Porch Porch

Garage No

Building

Lot Description Sidewalk

Sewer Public Sewer

Water Public

Structure Type Brick

Greater Louisville MLS (Metro Search Inc)
Copyright 2025 Metro Search, Inc.
Listed by Real Broker, LLC
Tommy Arnold

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(502) 442-1133

tommy@aspirelouisville.com

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

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729 S 39th St