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- Price$598,000
- Beds16
- Baths8
- Sq. Ft.7,200
- Built1952
1439 Thornberry Ave, Louisville
Turnkey 8-unit multifamily opportunity with all units vacant and rent ready—allowing investors to lease at current market rents from day one instead of inheriting under-market tenants. Property consists of eight 2BR/1BA units in a strong rental corridor with nearby rental comps supporting approximately $1000-$1,200+ monthly rents depending on finishes and strategy (aka it should surpass the 1% rule pretty easily). Ideal for investors seeking immediate lease-up potential, strong cash flow upside, and operational flexibility. Perfect value-add opportunity without heavy rehab needs. Great fit for buy-and-hold investors, BRRRR strategies, or portfolio expansion. Rare chance to stabilize an entire 8-unit building at today's market rates.
Essential Information
- MLS® #1717424
- Price$598,000
- Bedrooms16
- Bathrooms8.00
- Square Footage7,200
- Year Built1952
- TypeMulti Family
- Sub-TypeApartment
- StatusActive
Amenities
- UtilitiesElectricity Connected, Fuel:Natural
Exterior
- Exterior FeaturesNone
- Lot DescriptionCorner Lot
- RoofShingle
- ConstructionWood Frame, Brick
Community Information
- Address1439 Thornberry Ave
- Area01-Dtwn Old Louisville/Shively/West Lou
- SubdivisionCHURCHILL
- CityLouisville
- CountyJefferson
- StateKY
- Zip Code40215
Interior
- HeatingNatural Gas
- CoolingCentral Air
Listing Details
- Listing OfficeReal Broker, Llc
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