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!
Under contract
$325,000
12511 E Orell Rd, Louisville, KY 40272
4beds
4baths
2,750sqft
Est.:
Quadruplex
Built in 1973
-- sqft lot
$322,200 Zestimate®
$118/sqft
$-- HOA
What's special
Fresh interior paintUpdated kitchen appliancesPainted kitchen cabinetsRefinished bathtubsNew hvac units
- 33 days
- on Zillow |
- 147 |
- 17 |
Zillow last checked: 7 hours ago
Listing updated: June 03, 2025 at 02:29pm
Listed by:
Shawn Owens 502-640-6890,
Beck Realty Group
Source: GLARMLS,MLS#: 1687861

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Features
- Has basement: No
Interior area
- Total structure area: 2,750
- Total interior livable area: 2,750 sqft
- Finished area above ground: 2,750
- Finished area below ground: 0
Property
Features
- Exterior features: None
Lot
- Size: 0.26 Acres
Details
- Parcel number: 138000370000
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Quadruplex
- Attached to another structure: Yes
Materials
- Brick
- Roof: Shingle
Condition
- Year built: 1973
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Louisville
Financial & listing details
- Price per square foot: $118/sqft
- Date on market: 5/26/2025
- Tenant pays: Electricity, Gas
- Electric utility on property: Yes
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