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  • Price$458,988
  • Beds8
  • Baths4
  • Sq. Ft.3,395
  • Acres0.26
  • Built1961

4203 Norene Ln, Louisville

Cash-flowing 4-plex generating approximately $4,800 per month, offering immediate in-place income in one of South Louisville's most reliable rental corridors. Fully leased and stabilized, this property presents a strong opportunity for investors seeking consistent cash flow with minimal upfront work. Each unit features 2 bedrooms and 1 bathroom with updated interiors, LVP flooring, washer and dryer hookups, and renovated kitchens and baths. Separate furnaces and central air systems for each unit allow for efficient operation and simplified long-term management. Positioned just off Preston Hwy near the Outer Loop with quick access to I-65, retail, and dining, this location continues to support strong tenant demand and stable occupancy. Well-maintained multi-family assets at this price point with this level of income and condition are increasingly difficult to find. Ideal for investors seeking a clean, low-maintenance property with immediate returns and long-term upside.

Essential Information

  • MLS® #1713406
  • Price$458,988
  • Bedrooms8
  • Bathrooms4.00
  • Full Baths4
  • Square Footage3,395
  • Acres0.26
  • Year Built1961
  • TypeResidential
  • Sub-TypeSingle Family Residence
  • StatusActive

Amenities

  • UtilitiesElectricity Connected, Fuel:Natural
  • ParkingOff Street

Exterior

  • Lot DescriptionSidewalk
  • RoofShingle
  • ConstructionStone Veneer
  • FoundationCrawl Space, Poured Concrete

Listing Details

  • Listing OfficeDiamond Key Realtors

Community Information

  • Address4203 Norene Ln
  • Area06-Buechel/Hghvw/okolona/FernCreek
  • SubdivisionNONE
  • CityLouisville
  • CountyJefferson
  • StateKY
  • Zip Code40219

Interior

  • HeatingNatural Gas
  • CoolingCentral Air
  • # of Stories2

School Information

  • DistrictJefferson
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