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$145,000

For Sale

20 days ago

227 Ottawa Ave, Louisville, KY

House

MLS® 1713600

3 Bed

2 Bath

1359 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 1359 sqft
Garage 
Taxes 
Days Active 20
Lot Size 
Approx. Age 1900
Avg. Price Per Sqft $106
MLS® Number 1713600

Property Address: 227 Ottawa Ave, Louisville, KY, 40209-1212

Average square foot calculated using Size range provided by listing agent.

Description

FANTASTIC INVESTOR OPPORTUNITY- Value-Add Duplex at below market price! This duplex has strong upside potential! Unit 1 is 1-bedroom with laundry hook up, recently getting $950 per month but is now vacant. Unit 2 is 2-bedrooms, with a market rent of $1100 per month. Both units will need cosmetic updates. Pro Forma: $2000/month ($24, 000/year). Increase NOI through light renovations and stabilize for strong cash flow or future refinance potential. Ideal for investors looking to force appreciation or house hackers wanting rental income to offset the mortgage. Opportunities at this price point in this area with built-in upside move quickly. Don't let this one pass you by!
MLS® Number1713600
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1900
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 7, 2026List Date
$145,000List Price
  • Commute

Commute

Starting Address
Destination Address
227 Ottawa Ave, Louisville, KY

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