Description
INCREDIBLE INVESTMENT OPPORTUNITY! Extensively renovated duplex offering 7 bedrooms, 3 full bathrooms, strong rental income, and excellent potential for additional revenue! The right unit features 4 bedrooms, 2 fully renovated bathrooms (one with a shower and another with a tub/shower combination), a kitchen, foyer, combined living/dining area, and convenient first-floor laundry with washer and dryer included. The left unit features an upstairs layout with 3 bedrooms, a full bathroom, kitchen, and living/dining combination. Extensive improvements include completely remodeled kitchens in both units with new cabinetry, countertops, and sinks. The right unit also features a new stove/oven and refrigerator. Additional upgrades include luxury vinyl plank flooring, carpeting, light fixtures, ceiling fans, blinds, interior doors, and fresh paint. Exterior improvements include new vinyl siding, window wrap, exterior paint, exterior doors, and replacement windows throughout, except for one front bedroom window in the right unit. A new roof, two water heaters, and two furnaces were installed in 2022, with two furnaces replaced again in 2025. Additional flooring and bathroom updates are currently being completed in the left unit. All appliances remain! EXCELLENT INCOME POTENTIAL! The seller currently receives $3,000 per month from five tenants, with two additional bedrooms available that could potentially generate another $1,200 per month, bringing projected gross rental income to $4,200 monthly or $50,400 annually, subject to occupancy and applicable approvals. Current tenants are on 6 month leases (5 current tenants paying 150 each week) and have been consistent occupants throughout the seller's ownership. Operating expenses are relatively low, with approximately $200/month for water, $500/month for electricity, and $63/month for internet. Both units are separately metered. At its current price point, with extensive renovations completed, this property offers excellent return-on-investment potential for experienced and first-time investors alike! The property is well-suited for use as a traditional duplex with two separate lease agreements, providing an attractive opportunity for investors seeking long-term rental income. Call listing agent for additional details. SHOWING INSTRUCTIONS: Showings available Monday-Saturday, 12:00 PM-4:00 PM. Please call the listing agent prior to scheduling an appointment.
Details
| MLS # | 1731504 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1915 |
| Days On Site | 16 |
| Listing Provided By | Red Edge Realty | Amanda C Brookshire |
Features
| Bed(s) | 7 |
|---|---|
| Bath(s) | 3 |
| SQ Feet | 2,333 |
| Basement | Y |
| Units | 2 |
Area Information
| State | KY |
|---|---|
| County | Jefferson |
| City | Louisville |
| Zip Code | 40211 |
| Area | 01 Dtwn Old Louisville | Shively | West Lou |
| Community Name | CECIL AVE |
| Listing VS Median (in CECIL AVE) | |
Price: $240,000 low | high Med: $140,000 sqft: 2,333 low | high Med: 1,683 $ / sqft: $103 low | high Med: $83 On site: 16 low | high Med: 206.5 | |
Market Activity 40211
Request a showing
Request a showing
Contact
Learn More About This Property
| State | KY |
|---|---|
| County | Jefferson |
| City | Louisville |
| Zip Code | 40211 |
| Area | 01 Dtwn Old Louisville | Shively | West Lou |
| Community Name | CECIL AVE |
| Listing VS Median (in CECIL AVE) | |
Price: $240,000 low | high Med: $140,000 sqft: 2,333 low | high Med: 1,683 $ / sqft: $103 low | high Med: $83 On site: 16 low | high Med: 206.5 | |
 |  |  |
© 2026 Coldwell Banker McMahan. All Rights Reserved. Coldwell Banker® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. Coldwell Banker McMahan fully supports the principles of the Fair Housing Act and Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchises are not provided by, affiliated with or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.
