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Off market
  • $563,300

    1931 Eastview Ave, Louisville, KY 40205

    7beds
    3,384sqft
    MultiFamily
    Built in 1938
    -- sqft lot
    $563,300 Zestimate®
    $166/sqft
    $2,863 Estimated rent

    What's special

    Why not buy a home where “practically in your backyard” is a resort-like facility carved out of the quarry almost 100 years ago by the greatest landscape planners of the time. This all-year facility is available to you if you buy this awesome home. This natural lake is ten times the size of your average postage stamp club pool with such amenities as volleyball, basketball court, inner tube water polo, sauna, gym, yoga classes, jazzercise, snack bar, and Sunday live music. The pool itself is broken up into infant, lap, diving, splash and air mattress and has produced ten Olympic athletes. The neighborhood provides a safe, walkable, bikeable, and healthy oasis. In a post pandemic period, this is the place to live and thrive, with nearby hilly and tree lined walking paths, clay tennis courts, and needed amenities (Kroger, CVS, restaurants (even a hip Cuban restaurant), and cleaners) within 15 minute walk. You are not just buying one of the largest homes in the Lakeside area but a lifestyle of health, safety, tranquility, affordability, and community of good values. Its Nirvana at half the price. In tough climate change ahead, it’s all about resiliency for the future. It is the only rental triplex in this wealthy neighborhood and could be converted into a gigantic office/home mansion. The backyard has room to build a carriage house or two car garage. plus car garage. Temperatures are going to continue to get hotter in the Spring, Summer, and Fall, and Lakeside is the place to live where the temperatures can be a lot lower than most other treeless neighborhoods. As soon as you close on this property, you can jump off the high dive into 12 feet of water! It’s an urban oasis of cool water, people, and community. Built on a quiet street, this historic home with 3,384 square feet of living and office space is twice the size of the average Cape Cod home selling for $400,000. In fact, Zillow estimated the value of one of the apartments at $350,000. Do the math by adding in the two other units and this is an immediate cash flow bonanza! This meticulously updated triplex is in the highly sought after and dynamic Highlands neighborhood with the magic zip code (40205). The per square foot cost is only $144.47. The property includes three residences/offices described below: Apartment #1 with living room, dining room, kitchen nook, full bath and kitchen and two bedrooms and a “sun room” that serves as a craft or office room and has washer and dryer hookups ($1,250). Apartment #2 is similar design with living room, dining room, kitchen nook, full bath and kitchen, and three bedrooms (with a 400 square foot, loft-style room with skylight) and a “sun room” that serves as a craft or office room ($1,350). Apartment #3 is a ground floor home featured in a book about Caribbean style design with block glass and doorways, living room, eat in kitchen, full bath and kitchen, and one bedroom. It was previously used as a office for international travel to the Caribbean and online Cuban art sales for ten years ($950). Washer and dryer hookups have been installed for units one and three. All units have a stove, refrigerator, and dishwasher. Each unit has a separate entrance. The per square foot average cost is roughly $144.47 per square foot—much lower than nearby high end house prices. You could also turn this building into a gorgeous single family home and still make extra rent with the ground floor apartment or office for the bread winner. In this quiet and wealthy suburban enclave it is unusual to have a triplex that was grandfathered in before new zoning laws was enacted. The location is within minutes of nearby universities, airport, and downtown. It is also the neighborhood of Senator Mitch McConnell, who lives in a nearby townhome. The total rent currently averages around $3,500. Market analysis suggest the rent could be significantly higher.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • None, Forced air
    Cooling
    • Other
    Appliances
    • Included: Dishwasher, Dryer, Range / Oven, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • Flooring: Hardwood
    • Basement: Partially finished
    • Furnished: Yes
    Interior area
    • Total interior livable area: 3,384 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Off-street
    Features
    • Exterior features: Other
    • Has view: Yes
    • View description: City
    Lot
    • Size: 4,988 sqft
    Details
    • Parcel number: 080C00810000

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Conventional
    Materials
    • Wood
    • Roof: Shake / Shingle
    Condition
    • Year built: 1938

    Community & neighborhood

    Location
    • Region: Louisville

    Other

    Other facts
    • Balcony
    • Cats Allowed
    • Cooling System: Air Conditioning
    • Large Dogs Allowed
    • Laundry: In Unit
    • Small Dogs Allowed
    Services availability
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    Sell for more on Zillow

    Get a free Zillow Showcase℠ listing and you could sell for .

    $563,300
    2% more+ $11,266
    With Zillow Showcase(estimated)
    $574,566