$325,000
UNDER CONTRACT

Estimated payment $2,125/month

Total Views 1,618
4 Beds
4 Baths
2,750 Sq Ft
$118 Price per Sq Ft

About This Home

Investor Alert - Two Updated 4-Plexes in High-Growth Area! Don't miss this incredible opportunity to add two income-producing 4-plexes—12511 & 12513 Orell Rd—to your investment portfolio for just $650,000. Professionally managed by LREI Property Management, these properties are primed for strong returns. Each building features four spacious 1-bedroom, 1-bath units, and over the last 3.5 years, more than $100K in updates have been completed. 7 of the 8 units have been renovated, with improvements including, 4 new HVAC units, luxury vinyl plank flooring, updated kitchen appliances, some new hot water heaters, fresh interior paint, new blinds, refinished bathtubs, some updated vanities, painted kitchen cabinets and some new gutters and window repairs. With the major capital expenses already addressed, you'll benefit from low maintenance costs and increased rental appeal. There's also significant upside potential as leases turn over, you can align rents with local market rates. Comparable 1BR/1BA units in the area are renting for upwards of $800/month, giving you room to grow the rent roll and maximize ROI. Located in zip code 40272, a high-demand area fueled by economic growth from the new factory in Hardin County, this property is also convenient to transit services, interstates, restaurants, shopping and entertainment. Whether you're a seasoned investor, looking to expand your portfolio or looking to get started with your first investment property purchase, this is a prime opportunity with strong cash flow potential and long-term value. Schedule your showing today!

Listing Agent

Shawn Owens

Beck Realty Group License #217950 Listed on: 05/26/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Home Design

  • 2,750 Sq Ft Home
  • Brick Exterior Construction
  • Shingle Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • The owner pays for trash collection, sewer, water
  • Assessor Parcel Number 138000370000

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Cooling System: Central Air
  • Lot Dimensions: 0
  • Property Sub Type: Quadruplex
  • Property Type: Multi Family
  • Garage Yn: No
  • Subdivision Name: NONE
  • Above Grade Finished Sq Ft: 2750.0
  • Architectural Style: Other
  • Utilities Electricity Connected: Yes
  • Roof:Shingle: Yes
  • Cooling Central Air: Yes
  • Owner Pays:Trash Removal: Yes
  • Water and Sewer:City Sewer: Yes
  • Special Features: UnderContract

Interior Features

  • Basement YN: No
  • Total Bedrooms: 4

Exterior Features

  • Roof: Shingle
  • Acres: 0.26
  • Construction Type: Brick
  • Exterior Features: None
  • Construction:Brick3: Yes

Garage/Parking

  • General Property Description:_pound_ Parking Spaces: 4.0

Utilities

  • Utilities: Electricity Connected, Fuel:Natural
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 11255.0
  • ResoLotSizeUnits: Square Feet
  • Parcel #: 138000370000

Rental Info

  • Owner Pays: Trash Collection, Sewer, Water
  • Tenant Pays: Electricity, Gas

Building Info

  • Year Built: 1973

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Block: 0
  • Tax Lot: 00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2025 05/26/25 For Sale $325,000 -- $118 / Sq Ft
Source: Metro Search (Greater Louisville Association of REALTORS®)

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Source: Metro Search (Greater Louisville Association of REALTORS®)

MLS Number: 1687861

Metro Search (Greater Louisville Association of REALTORS®)