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Portland Multifamily Homes & Duplexes for Sale

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    $120,000

    • 4 Beds
    • 2 Baths
    • 2,589 Sq Ft

    1822 Duncan St, Louisville, KY 40203

    High-Cash Flow Duplex for Sale in Louisville KY - Fully Rented 2 Bed 1 Bath Units with Strong Rent Roll! Located in the booming Louisville real estate market, where home values are already up nearly 5% this year, this fully occupied duplex is a prime opportunity for any serious investor. At a list price of $120K with a monthly rent roll of $1,578, this property crushes the 1% rule—a rare feat in

    WSG Homes Keller Williams Louisville East

    1822 Duncan St, Louisville, KY 40203
  • /29

    $247,500

    • 4 Beds
    • 4 Baths

    3123 Bank St, Louisville, KY 40212

    Add this darling to your investment portfolio! 4plex is fully occupied with MTM tenants. Rents total at 2900 per month! 2 units were renovated 2+ years ago. Landlord pays all utilities. Buyers to verify square footage and zoning. Please do not disturb tenants. 24 hour notice minimum to show. Selling as-is, but inspections are welcome!Agent/Owner

    Kristina Beasley ERA Select Real Estate

    3123 Bank St, Louisville, KY 40212
  • /35

    $118,900

    • 2 Baths
    • 1,379 Sq Ft

    3120 Bank St Unit 1 & 2, Louisville, KY 40212

    Charming Duplex with a Backyard So Big, You Might Need a Map Welcome to your next investment, multi-generational haven, or clever way to keep the in-laws close—but not too close. This delightful duplex features a 2 bed/1 bath unit upstairs and a 1 bed/1 bath unit downstairs, perfect for renters and relatives. Step onto the welcoming covered front porch—ideal for sipping something

    Anna Johnson Keller Williams Realty- Louisville

    3120 Bank St Unit 1 & 2, Louisville, KY 40212
  • /12

    $139,000

    • 3 Beds
    • 3 Baths
    • 3,674 Sq Ft

    2747 Bank St, Louisville, KY 40212

    2427 Bank Street: For the Visionaries, Not the Vague. Welcome to your next bold move, or at least your next shell of a building. Sitting loud and proud on a corner lot with C2 zoning, this all-brick beauty offers max visibility and minimal excuses. Yes, it's been gutted. Yes, it's basically a brick box with dreams. But for the right investor it's a blank canvas with zoning flexibility that

    Barrett Goff Allodium Real Estate

    2747 Bank St, Louisville, KY 40212
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    $210,000

    • 8 Beds
    • 4 Baths
    • 2,432 Sq Ft

    333 N 29th St, Louisville, KY 40212

    The investment property you have been waiting for in the booming Louisville, KY market! This quadplex of all 2 bedroom, 1 bathroom units are ready to be finished with your touches. Boasting a new roof, new siding, and new windows once you are done with this rehab your capital expenses will be minimal because you will basically have new construction. Located right across from a school AND across

    WSG Homes Keller Williams Louisville East

    333 N 29th St, Louisville, KY 40212
  • /48

    $169,000

    • 2,800 Sq Ft

    3225 Northwestern Pkwy, Louisville, KY 40212

    Great investment opportunity on this 4-plex with good cashflow. Total monthly rent is $2975; Apt 1 $700.00, Apt 2 $775.00, Apt 3 $800.00, Apt 4 $700.00

    Timothy Woods EXP Realty LLC

    3225 Northwestern Pkwy, Louisville, KY 40212

Why Live in Portland

Historic Portland, located just northwest of downtown Louisville, is a neighborhood with a rich history and diverse community. Originally founded in 1811 and later annexed by Louisville in the 1850s, Portland has seen significant changes over the years. The neighborhood is known for its pre-Civil War buildings and wood-framed shotgun-style houses, which are closely spaced and feature small yards, appealing to those who prefer minimal yard work. Despite its past economic challenges, Portland is undergoing revitalization, attracting higher-income residents while remaining affordable for first-time homebuyers. Portland offers a variety of features, including proximity to the Ohio River, which provides access to green spaces and water views. Lannan Memorial Park, Boone Square Park, and Portland Wharf Park offer walking trails, playgrounds, and basketball courts. The Portland Museum provides insights into the neighborhood's historical significance. Local businesses such as Shaheen’s Department Store and Janes Brothers Hardware serve the community, while new dining options like McQuixote Books and Coffee and The Table Café add to the neighborhood's charm. Portland is well-connected, with Interstate 64 running through the top of the community and I-264 flanking its western border. The neighborhood is less than 2 miles from downtown Louisville and 9 miles from Louisville International Airport, with bus service available throughout the metro area. The area is considered walkable, enhancing its appeal. Annual events like the Portland Festival and the nearby Kentucky Derby at Churchill Downs add to the vibrant community life.

Home Trends in Portland, KY

Housing Trends

Median Sale Price
$460,000
Median Single Family Sale Price
$370,000
Median Townhouse Sale Price
$499,000
Median 2 Bedroom Sale Price
$270,000
Median 1 Bedroom Sale Price
$215,000
Average Price Per Sq Ft
$313
Number of Homes for Sale
25
Last 12 months Home Sales
169
Months of Supply
1.80
Median List Price
$498,295
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
16%
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