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  • Price$145,000
  • Beds2
  • Baths4
  • Sq. Ft.1,359
  • Acres0.07
  • Built1900

227 Ottawa Ave, Louisville

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!

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Essential Information

  • MLS® #1713600
  • Price$145,000
  • Bedrooms2
  • Bathrooms4.00
  • Square Footage1,359
  • Acres0.07
  • Year Built1900
  • TypeMulti Family
  • Sub-TypeDuplex
  • StatusActive

Amenities

  • UtilitiesElectricity Connected, Fuel:Natural

Exterior

  • Exterior FeaturesNone
  • Lot DescriptionSee Remarks
  • RoofShingle
  • ConstructionVinyl Siding, Aluminum Siding

Community Information

  • Address227 Ottawa Ave
  • Area05-Auburndale/Fairdale/IroquoisPrk/Shively
  • SubdivisionHIGHLAND PARK
  • CityLouisville
  • CountyJefferson
  • StateKY
  • Zip Code40209

Interior

  • HeatingForced Air, Natural Gas
  • CoolingWall/Window Unit(s)

Listing Details

  • Listing OfficeTotally About Houses
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