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724 S 38th St

Louisville, KY 40211
  • $220,000
  • STATUS: Active
  • ON SITE: 135 Days
  • ID#: 1699736
UPDATED: 131 min ago
$220,000
  • 4
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,464
    SQFT
  • $89
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1925
County:

School Ratings & Info

Description

Currently generating $2,500/month ($1,400 + $1,100), this brick duplex rental property in Louisville easily beats the 1% rule. Both units are well-sized, fully occupied, and in demand, offering immediate cash flow and long-term equity growth. The all-brick construction ensures easy maintenance and strong tenant appeal. Backed by Louisville's appreciation metrics—7.14% YTD increase in average sale price and nearly 20% annual growth in median sales price—this property is a strong performer in one of the nation's most resilient housing markets.

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© 2026 Metro Search Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by brokerage firms other than WSG Homes and Properties | Real Broker LLC are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about each listing includes the name of the listing broker. Data last updated: 2026-02-14T23:57:57.253.
www.wsghomesandproperties.com/homes/168463130
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724 S 38th St Louisville, KY 40211

  • Price: $220,000
  • Status: Active
  • On Site: 135 Days
  • Updated: 131 min ago
  • ID#: 1699736
4
Beds
0
Baths
0
½ Baths
0.15
Acres
2,464
SQFT
$89
$/SQFT
1925
Built
Neighborhood:
None
County:
Jefferson
Area:
Dtwn Old Louisville/Shively/West Lou
Property Description
Currently generating $2,500/month ($1,400 + $1,100), this brick duplex rental property in Louisville easily beats the 1% rule. Both units are well-sized, fully occupied, and in demand, offering immediate cash flow and long-term equity growth. The all-brick construction ensures easy maintenance and strong tenant appeal. Backed by Louisville's appreciation metrics—7.14% YTD increase in average sale price and nearly 20% annual growth in median sales price—this property is a strong performer in one of the nation's most resilient housing markets.
Exterior Features

Architectural Style [] Construction Materials Brick Exterior Features None Roof Shingle

Interior Features

1st Level Bedrooms 2 1st Level No Of Rooms 5 2nd Level Bedrooms 2 2nd Level No Of Rooms 5 Above Grade Finished Area 2464 Below Grade Finished Area 0 Building Area Total 2464 Cooling [] Heating Natural Gas Heating YN Yes

Property Features

1st Level Total Units 1 2nd Level Total Units 1 Association Amenities [] Association Fee 0 Association YN No Garage YN No Lot Features Sidewalk Lot Size Area 6534 Lot Size Dimensions 0 Other Structures [] Property Description Parking Spaces 0 Property Description Term Lease 0 Property Sub Type Duplex Utilities Electricity ConnectedFuel:Natural Waterfront Features []

Listing provided courtesy of Real Broker, LLC: . © 2026 Metro Search, Inc. All rights reserved.


© 2026 Metro Search Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by brokerage firms other than WSG Homes and Properties | Real Broker LLC are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about each listing includes the name of the listing broker. Data last updated: 2026-02-14T23:57:57.253.
 
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WSG Homes and Properties | Real Broker LLC
9700 Park Plaza Ave, #108
Louisville KY, 40241