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Rana Thompson

ranathompson@simplihom.com +1(859) 490-0173

$ 250,000

Est. payment -/mo

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Price Dropped by $9K

339 N 42nd St Louisville, KY 40212

2,166 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,166 sqft

Price per Sqft $115

MLS Listing ID 1696938

Style Ranch

HOA Y/N No

Abv Grd Liv Area 2,166

Year Built 1937

Lot Size 0.320 Acres

Acres 0.32

Property Sub-Type Triplex

Source APEX MLS (Greater Louisville Association of REALTORS®)

Land Area 2166

Property Description

Unique Louisville investment opportunity featuring THREE separate rental homes on ONE parcel! Priced at $250,000, this package offers an attractive combination of existing income and immediate upside. One home is currently occupied at $995/month, one is vacant and RENT READY for immediate lease-up, and another tenant is scheduled to vacate, giving the next owner an additional opportunity to reposition the property and increase future rental income. The currently vacant home is in great condition and ready for a new tenant without the need for a major renovation. Ideal for a buy-and-hold investor looking to acquire multiple rental homes in a single transaction while having immediate control over future rents. Three houses. One parcel. One purchase. A unique opportunity to stabilize the portfolio at today's market rents and build long-term cash flow.

Location

State KY

County Jefferson

Direction I-64 to N 38th St. Take exit 1 from I-264 E Take Northwestern Pkwy to N 42nd St

Interior

Heating Forced Air

Exterior

Exterior Feature None

View Y/N No

Roof Type Shingle

Garage No

Building

Sewer Public Sewer

Water Public

Architectural Style Ranch

Structure Type Vinyl Siding

Greater Louisville MLS (Metro Search Inc)

Listed by Real Broker, LLC

Nearby Locations

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Our Founder & CEO, Sean Miku, once found himself on food stamps, without a home, and forced to pick the lock on a water meter just to give his baby girl her first bath. Out of those struggles came a relentless determination to build something better — not only for his own family, but for every agent and client who deserved a simpler, more supportive way to experience real estate.

With just $30,000 and four agents, simpliHŌM was launched in 2018. From those humble beginnings, we’ve grown into a thriving, people-first brokerage spanning multiple states and serving thousands of agents nationwide — all driven by the same mission: Making Real Estate Simple.

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+1(859) 490-0173

ranathompson@simplihom.com