Investors don't miss out on this absolute gem of a 4-plex conveniently located on Taylor Blvd just minutes from Churchill Downs and University of Louisville. Many repairs and improvements have been made over the last 5 years, and when fully rented this cash cow brings in well over $3,000 in monthly rents. Updates since 2018 include new baths & kitchens featuring subway tile backsplashes and accents; new siding, roof, gutters, windows, insulation, electrical and plumbing; and the rear deck and staircase were also completely rebuilt. The property has 2 HVAC systems (one system services the basement and first floor units, the 2nd system services Unit 4 on the 2nd floor), and 2 forty-gallon water heaters, all installed in 2018. Unit #1 is located in the basement and is a one-bedroom unit that is currently rented for $701/month. Unit #2 is accessed off the covered front porch and was completely renovated in 2023 with new LVP floors, kitchen cabinets and appliances, and is a one bedroom unit that last rented for $795/mo. (prior to renovations). Unit #3 is a studio unit accessed from the rear deck also with hardwood floors, last rented for $700/month. Finally, unit #4 entry is off the large rear deck on the 2nd floor, offers two bedrooms and hardwood floors, and was last rented for $850/month. Seller pays all utilities. There is an outbuilding on the rear of the lot for extra storage that could potentially be converted to a usable garage, and there is a curb cut-in at the side street which would allow the owner to create designated off-street parking. The large yard has also been used to generate extra revenue during the Kentucky Derby by parking cars.
Sold for $270,000 on 10/19/23
$270,000
2900 Taylor Blvd, Louisville, KY 40208
5beds
3baths
2,880sqft
Quadruplex
Built in 1925
-- sqft lot
$284,800 Zestimate®
$94/sqft
$1,123 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: November 26, 2024 at 07:35pm
Listed by:
The Noe Group 502-292-7200,
Lenihan Sotheby's International Realty
Bought with:
Justin P Robbins, 277399
Knob & Key Realty, LLC
Source: GLARMLS,MLS#: 1646746
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Features
- Has basement: Yes
Interior area
- Total structure area: 1,827
- Total interior livable area: 2,880 sqft
- Finished area above ground: 1,827
- Finished area below ground: 822
Property
Parking
- Total spaces: 1
- Parking features: Garage
- Garage spaces: 1
Features
- Patio & porch: Deck, Porch
Lot
- Size: 7,840 sqft
- Features: Corner Lot, Sidewalk
Details
- Parcel number: 063E01090000
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Bungalow
- Property subtype: Quadruplex
- Attached to another structure: Yes
Materials
- Vinyl Siding, Brick
- Roof: Shingle
Condition
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & neighborhood
Location
- Region: Louisville
- Subdivision: Churchill
HOA & financial
HOA
- Has HOA: No