1273 S Preston St, Louisville

Turnkey duplex offering immediate income and multiple investment strategies. Conveniently located near Downtown Louisville, major employment centers, healthcare facilities, entertainment districts, and Interstate 65, the property benefits from strong accessibility and rental demand. The building features two separately metered 2-bedroom, 1-bath units of approximately 1,250 SF each. Both units include granite countertops, updated cabinetry, laundry hookups, HVAC and water heater with modern finishes. Major improvements include newer HVAC systems, water heaters, roof, replacement windows. First floor unit is occupied with month to month paying $1,200 per month and second floor is currently vacant. Each unit is separately metered for electric and gas service, while water service is provided through a shared meter, with the landlord responsible for water and sewer charges. Tenants are responsible for electricity, natural gas, cable television, and internet services. Pets are permitted, subject to owner approval and applicable lease terms. The unfinished 3rd attic provides additional storage and future value-add potential, subject to buyer verification. Rear off-street parking potential. Located near Shelby Park and surrounded by ongoing redevelopment and new construction activity, the property benefits from continued private investment and neighborhood improvements.