1604 S Shelby St, Louisville

Fantastic opportunity for a new investor or aspiring house-hacker in one of Louisville's most walkable neighborhoods! Just blocks from UofL and beloved local staples like Zanzibar, Nord's Bakery, Dairy Del, Toasty's, Bean, Hauck's, Preston Park, & Emerson Park, this versatile property is move-in ready & packed with potential. With over 2,000 square feet, this duplex has historically been configured BOTH as a 2-bedroom unit & a 1-bedroom unit, offering flexible living or rental arrangements. One unit is currently occupied & the other is vacant, making it an ideal setup for an owner-occupant or an investor looking to lease both. Each unit includes a dishwasher & in-unit laundry, plus separate gas & electric meters. The owner currently pays water. Both units are in good overal ondition with updated HVAC systems, a newer hot water heater, and several replacement windows already in place. Out back, you'll find a large outbuildingformerly used as a garagethat currently serves as storage (no power run to it), and an expansive yard area that could easily be divided to give each tenant their own private outdoor space. Whether you're looking to live in one unit and rent the other, or add a well-located property to your portfolio, 1604 S. Shelby checks a lot of boxes. Property is in good overall condition but seller will not complete repairs and this must be reflected in the offer.