1382 Ouerbacker Ct

Description

Located on a quiet walking court in historic Old Louisville, this 5-unit multifamily property offers a solid investment opportunity on a highly desirable walking court and in a well-established rental market. The asset features a one 2-bedroom unit, two 1-bedroom units and two studios, providing flexibility and appeal to a broad tenant base. The property benefits from consistent demand due to its proximity to the University of Louisville, attracting students, faculty, and area residents. This location supports stable occupancy and long-term rental potential. Currently under professional management, the asset offers operational stability and a streamlined ownership experience. It has coin-operated laundry, boiler heat, and window unit air conditioning. It is well-suited for both first-time investors entering the multifamily sector and experienced owners seeking to expand their presence in this sub-market.