3216 Fordhaven Rd, Louisville, KY 40214
3216 Fordhaven Rd, Louisville, KY 40214
3216 Fordhaven Rd, Louisville, KY 40214
3216 Fordhaven Rd, Louisville, KY 40214
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$ 299,000
Est. payment | /mo

8 Beds

4 Baths

3,430 SqFt


Save
$ 299,000
Est. payment | /mo
Save

8 Beds

4 Baths

3,430 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 3,430 sqft

Price per Sqft $87

MLS Listing ID 1731321

Style Other

Bedrooms 8

HOA Y/N No

Abv Grd Liv Area 3,430

Year Built 1972

Property Sub-Type Quadruplex

Source APEX MLS (Greater Louisville Association of REALTORS®)

Land Area 3430

Property Description

A brick fourplex under $300,000 with rental numbers that deserve a serious look in Louisville, KY. Offered at $299,000, 3216 Fordhaven Road in Louisville brings in $3,395 in scheduled monthly rent, or $40,740 annually, with all four units occupied per the latest rent roll. That puts monthly gross rent above 1.1% of the asking price—a compelling starting point for buyers searching for an income-producing property where the numbers work without relying on future rent increases (although that upside does still exist!). At just $74,750 per unit, this fourplex offers four rental incomes under one roof and an accessible price for expanding a portfolio or purchasing your first multifamily investment. In a market where finding the right balance of purchase price and rental income takes work, Fordhaven stands out with existing tenants, strong gross income relative to price, and brick construction. Contact the listing agent for the rent roll, operating details, and showing information.

Location

State KY

County Jefferson

Direction Take I-264 to the Dixie Highway (US-31W) exit. Head south on Dixie Highway. Turn onto St. Anthony Church Road. Continue to Fordhaven Road. Turn onto Fordhaven Road. Continue to 3216 Fordhaven Rd.

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Exterior

Exterior Feature None

View Y/N No

Roof Type Composition

Garage No

Building

Sewer Public Sewer

Water Public

Architectural Style Other

Structure Type Brick Veneer

Greater Louisville MLS (Metro Search Inc)
Listed by Real Broker, LLC

Nearby Locations

Steve Nikirk

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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3216 Fordhaven Rd