Investor Opportunity in 40211! Don't miss this incredible opportunity to own a four-plex on Olive Street in the heart of Louisville's up-and-coming 40211 zip code. Built in 1900, this historic property retains much of its original charm, featuring beautiful wood doors, detailed trim work, and spacious rooms with character you won't find in newer builds. With great bones, all major maintenance items handled in the last couple years, and timeless details, it's ready for a fresh touch—with only one unit left to renovate.
The four-plex has been professionally managed for the last 2 years and includes two units on the first floor and two units upstairs. Each second-floor unit offers 1 bedroom and 1 bathroom, while each first-floor unit includes 2 bedrooms and 1 bathroom. Three of (cont. >> >>) the four units have already been fully renovated and upgraded. They are currently rented, starting you with strong income from day one. The final renovation need is the vacant first-floor unit. This unit can be taken to the studs and converted into a 3/2 which would add significant additional value and further boost your cash flow.
Whether you're a seasoned investor or just getting started, this is your chance to own a piece of history in a neighborhood experiencing active
revitalization and long-term growth. Reach out with questions or for more information. Don't miss your chance to step into a great cash-flowing investment in
40211
For sale
Price cut: $8K (4/29)
$242,000
1349 Olive St, Louisville, KY 40211
6beds
4baths
2,982sqft
Est.:
Quadruplex
Built in 1900
-- sqft lot
$-- Zestimate®
$81/sqft
$-- HOA
What's special
Detailed trim workSpacious roomsBeautiful wood doors
- 63 days
- on Zillow |
- 194 |
- 11 |
Zillow last checked: 8 hours ago
Listing updated: April 29, 2025 at 09:50am
Listed by:
Mission Impact Group 502-230-1414,
Keller Williams Louisville East,
Travis Cox 502-424-6873
Source: GLARMLS,MLS#: 1682971

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Forced Air
Cooling
- Central Air
Features
- Has basement: No
Interior area
- Total structure area: 2,982
- Total interior livable area: 2,982 sqft
- Finished area above ground: 2,982
- Finished area below ground: 0
Property
Features
- Patio & porch: Porch
- Exterior features: None
Lot
- Features: Sidewalk
Details
- Parcel number: 048E00820000
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Quadruplex
- Attached to another structure: Yes
Materials
- Vinyl Siding, Wood Frame
- Roof: Shingle
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Louisville
Financial & listing details
- Price per square foot: $81/sqft
- Tax assessed value: $56,540
- Annual tax amount: $777
- Date on market: 3/28/2025
- Electric utility on property: Yes
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