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$950,000

For Sale

A month ago

1909 San Jose Ave, Louisville, KY

Condo

MLS® 1713938

12 Bed

12 Bath

6048 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size 6048 sqft
Garage 
HOA Fees 
Taxes 
Days Active 28
Approx. Age 1963
Avg. Price Per Sqft $157
MLS® Number 1713938

Property Address: 1909 San Jose Ave, Louisville, KY, 40216-2867

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

Description

Strong Performing 12-Unit Investment Opportunity on Corner Lot! This well-maintained 12-plex sits on a desirable corner lot with ample off-street parking, making it highly attractive to tenants. The property has seen numerous updates, including the addition of a coin-operated laundry facility in the basement—providing both tenant convenience and an additional income stream. The current rent roll is $9, 050/month, with scheduled increases bringing it to $9, 400/month as of June 1, 2026. Over the past two years, ownership has successfully increased rents from $6, 575 to current levels, demonstrating proven upside and continued value-add potential. Operating at a solid 7.8% cap rate, this asset offers strong cash flow with room for further growth. Operating at a solid 7.8% cap rate, this asset offers strong cash flow with room for further growth. A turnkey investment that is easy to manage and positioned for continued income expansion.
MLS® Number1713938
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
Garage
Approx. Age1963
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 10, 2026List Date
$950,000List Price
  • Commute

Commute

Starting Address
Destination Address
1909 San Jose Ave, Louisville, KY

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