4400 S 2nd St, Louisville

Well-maintained and full of character, this charming quadplex offers a prime investment opportunity just minutes from Churchill Downs. The property features (4) 1-bedroom apartments with two units on the first floor and two units on the second floor, each offering a spacious living room with a fireplace, kitchen with dining area, one bedroom, and one full bath. Original hardwood floors, arched doorways, and rich wood trim provide timeless architectural appeal throughout. Tenants enjoy convenient on-site laundry located in the basement with a new washer and dryer, along with private storage closets for each unit. Recent improvements include new plumbing in all unit bathrooms (2025), three new water heaters (2025), a new roof (2025), new blinds in Apartment #1, and fresh paint and new lighting in the basement. Secure entry has been enhanced with new front and rear security doors featuring coded access. Building is being sold as-is. Additional highlights include off-street parking in the rear lot and a gazebo perfect for relaxing during warmer months. Current rents are $900 per unit with $500 security deposits providing immediate income. A fantastic opportunity to own a classic, updated multi-family property in a highly desirable location.