4608 S 3rd St, Louisville, KY 40214
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4608 S 3rd St, Louisville, KY 40214
4608 S 3rd St, Louisville, KY 40214
4608 S 3rd St, Louisville, KY 40214
4608 S 3rd St, Louisville, KY 40214
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$ 265,000
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4608 S 3rd St Louisville, KY 40214

4 Beds

3 Baths

2,923 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,923 sqft

Price per Sqft $90

Subdivision Wellington

MLS Listing ID 1734561

Style Bungalow

Bedrooms 4

HOA Y/N No

Abv Grd Liv Area 2,448

Year Built 1925

Property Sub-Type Duplex

Source APEX MLS (Greater Louisville Association of REALTORS®)

Land Area 2448

Property Description

A new price and a new opportunity for investors! Now offered at $265,000, this Beechmont-area duplex at 4608 S 3rd Street combines existing rental income with the flexibility to establish a new lease in the vacant second-floor unit. The first-floor unit features 2 bedrooms, 1.5 bathrooms, in-unit laundry, and access to a partially finished basement offering additional recreation space. Currently leased at $1,400 per month through March 2027, this unit provides an existing income stream from day one. The vacant second-floor unit offers 2 bedrooms, 1 bathroom, its own laundry, and the opportunity to select a new tenant and establish rental terms. Based on Rentometer comparisons, potential upstairs rent is estimated at up to $1,200 per month, creating a projected combined gross rental income of $2,600 monthly or $31,200 annually, if achieved. Buyers to verify. Additional features include a roof replaced in 2024. There is a covered front porch, rear deck, long driveway, alley access, and a four-car covered carport. With 2,448 square feet above grade plus approximately 475 finished square feet in the basement, this property offers space, parking, existing income, and future rental flexibility. Explore traditional long-term leasing or the potential for a furnished mid-term rental, subject to applicable requirements. An end of the year opportunity to add a versatile duplex to your Louisville investment portfolio!

Location

State KY

County Jefferson

Direction Watterson Expressway (I-264) to S 3rd St. Head south on S 3rd St. Property is located at 4608 S 3rd St.

Interior

Heating MiniSplit/Ductless, Natural Gas

Cooling Ductless, Central Air

Exterior

Exterior Feature None

View Y/N No

Roof Type Shingle

Porch Deck, Porch

Garage No

Building

Sewer Public Sewer

Water Public

Architectural Style Bungalow

Structure Type Vinyl Siding,Other,Wood Frame


Greater Louisville MLS (Metro Search Inc)
Listed by Homepage Realty
Pam Ruckriegel

Pam Ruckriegel

Broker - Owner

+1(502) 435-5524

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4608 S 3rd St