Description
Prime quadruplex in the heart of Louisville's Highlands/Cherokee Triangle — one of the city's most resilient and high-demand rental corridors. This 4-unit brick multifamily at 1035 Baxter Avenue is 100% tenant-occupied, delivering immediate cash flow from day one with a gross monthly income of $3,600. The unit mix includes one 2-bedroom and three 1-bedroom units spread across three levels: one unit on the main level, two on the second floor, and a finished basement unit. Units are separately metered for gas and electric, keeping owner expenses low. Separate washer/dryer connections in the basement add a meaningful tenant amenity that supports retention and market appeal. List of improvements available. Situated minutes from NuLu, Downtown Louisville, and the Bardstown Road entertainment district, this property benefits from consistent rental demand driven by proximity to dining, retail, parks, and nearby amenities. Ideal for investors seeking stable cash flow, a 1031 exchange, or a low-maintenance addition to a growing portfolio.
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5BEDS
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0.1ACRES
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0BATHS
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01/2 BATHS
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3,403SQFT
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$125$/SQFT
School Ratings & Info
Description
Prime quadruplex in the heart of Louisville's Highlands/Cherokee Triangle — one of the city's most resilient and high-demand rental corridors. This 4-unit brick multifamily at 1035 Baxter Avenue is 100% tenant-occupied, delivering immediate cash flow from day one with a gross monthly income of $3,600. The unit mix includes one 2-bedroom and three 1-bedroom units spread across three levels: one unit on the main level, two on the second floor, and a finished basement unit. Units are separately metered for gas and electric, keeping owner expenses low. Separate washer/dryer connections in the basement add a meaningful tenant amenity that supports retention and market appeal. List of improvements available. Situated minutes from NuLu, Downtown Louisville, and the Bardstown Road entertainment district, this property benefits from consistent rental demand driven by proximity to dining, retail, parks, and nearby amenities. Ideal for investors seeking stable cash flow, a 1031 exchange, or a low-maintenance addition to a growing portfolio.
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Listing provided courtesy of The Agency Louisville: (502) 627-0077.
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