KY
Jefferson
Louisville
40204
916 Shelby Pkwy
916 Shelby Pkwy, Louisville, KY 40204
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Listing Type
other
Listing Status
Active Under Contract
42
$390,000

Home Details for 916 Shelby Pkwy

Price
$390,000
Type
Residential Income
Square feet
2694
Year built
1948
County
Jefferson
Days on site
103
MLS Listing#
1715574
Property Description

Excellent investment opportunity in the Germantown area featuring two duplexes on one parcel with frontage on both Shelby Pkwy and Dandridge Ave. Property includes four total units: 916 Shelby Pkwy (Units A & B) and 917 Dandridge Ave (Units A & B), offering strong income potential and value-add upside. 916 Shelby Pkwy Unit A is a spacious 1BR/1BA with a loft area often used as a second bedroom. Unit includes in-unit washer and dryer. Currently rented at $1,015/month, well below market, with prior rents exceeding $1,300/month. 916 Shelby Pkwy Unit B is a 1BR/1BA unit and is currently vacant, providing immediate lease-up opportunity at market rent. 917 Dandridge Ave Unit A is a 2BR/1BA currently rented at $1,000/month, below market value. In-unit washer and dryer 917 Dandridge Ave Unit B is an efficiency-style 1BR/1BA unit and is currently vacant. In-unit washer and dryer Two vacant units allow for immediate income optimization. Strong upside through rent increases and potential improvements. Unique dual-street access enhances tenant appeal and leasing flexibility. Ideal for investors seeking cash flow with value-add potential.

Property Features
  • Cooling Information
    • Central Air
    • Wall/Window Unit(s)
  • Heating Information
    • Forced Air
    • Natural Gas
  • Utilities
    • Natural Gas Available
    • Electricity Connected
  • Water Features
    • Public
Listing Courtesy: Beck Realty Group
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EXIT REALTY CRUTCHER
8911 Greeneway Commons Pl, Louisville, KY 40220
Office
502 327 9838
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