For Sale

10 Unit Apartment in off Bardstown Rd

2118 Old Shepherdsville Rd | Louisville, KY 40218-2587, US

price$650,000
property typeCommercial Sale
year built1998

highlights

- 5,008 SF, 10-unit multifamily property
- Built in 1998, zoned C1
- Asking price of $650,000
- Attractive price of $65,000 per unit
- Seller credit for six new mini-split systems in addition to the 4 new units recently installed.
- Value-add and rental-growth potential
- Convenient access to I-264 and major Louisville corridors
- Pro forma financial information available upon request

property
details

STATUSActive
SALE PRICE PER UNIT$650,000
YEAR BUILT1998
PROPERTY TYPECommercial Sale
BUILDING SIZE5,008 SF
LOT SIZE0.282 acres
CAP RATE13.72%
SALE PRICE$650,000
STORIES1
ZONINGC1
DAYS ON MARKET21

property
description

Exceptional opportunity for the savvy multifamily investor! Located at 2118 Old Shepherdsville Road, this 5, 008-square-foot, 10-unit property is offered at an attractive price of $65, 000 per unit. Built in 1998 and zoned C-1, the property offers significant potential for rental growth and value-add improvements. As an additional incentive, the seller is willing to provide a credit at closing for six new mini-split heating and cooling systems, subject to the terms of an accepted purchase agreement. The property’s convenient location provides easy access to I-264 and major Louisville corridors, connecting residents to employment centers, shopping, dining, and everyday services. This is an excellent opportunity to acquire a well-located multifamily asset at a competitive basis. Pro forma financial information is available upon request.

location
description

2118 Old Shepherdsville Rd | Louisville, KY 40218-2587, US

2116 and 2118 Old Shepherdsville Road are conveniently located in Louisville’s West Buechel area. This 10-unit apartment complex offers residents easy access to Bardstown Road, Hikes Lane, Newburg Road, and the Watterson Expressway (I-264), providing convenient connections throughout the Louisville metropolitan area. Close to shopping, restaurants, schools, public transportation, healthcare services, and everyday conveniences. Its central location and proximity to major employment and commercial corridors make it attractive to renters seeking accessibility and a manageable commute. The surrounding mix of residential neighborhoods and established businesses further supports consistent demand for rental housing.

Katie Renfro

Katie Renfro

KY #271918
(502) 345-3667

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