KY > Louisville
Louisville, KY 40211,724 S 38th St
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Tommy Arnold

Tommy Arnold

+1(502) 442-1133
$ 220,000
Est. payment | /mo

4 Beds

2,464 SqFt

Save
$ 220,000
Est. payment | /mo
Save

4 Beds

2,464 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,464 sqft

Price per Sqft $89

MLS Listing ID 1699736

Bedrooms 4

HOA Y/N No

Abv Grd Liv Area 2,464

Year Built 1925

Lot Size 6,534 Sqft

Acres 0.15

Property Sub-Type Duplex

Source APEX MLS (Greater Louisville Association of REALTORS®)

Land Area 2464

Property Description

Currently generating $2,500/month ($1,400 + $1,100), this brick duplex rental property in Louisville easily beats the 1% rule. Both units are well-sized, fully occupied, and in demand, offering immediate cash flow and long-term equity growth. The all-brick construction ensures easy maintenance and strong tenant appeal. Backed by Louisville's appreciation metrics—7.14% YTD increase in average sale price and nearly 20% annual growth in median sales price—this property is a strong performer in one of the nation's most resilient housing markets.

Location

State KY

County Jefferson

Direction I-264 to 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 38th St.

Interior

Heating Natural Gas

Exterior

Exterior Feature None

View Y/N No

Roof Type 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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724 S 38th St