NOT LISTED FOR SALE
4 Beds
4 Baths
7,950 Sq Ft
0.73 Acres

Last Sold August 30, 2022

Last sale price $325,000 $41 Per Sq Ft

1 Day on Market

About This Home

As of August 2022

This listing includes 12613, 12615, and 12617 E Orell Rd and the 12+ spot parking lot adjoining them. 12 one-bedroom units all in need of lots of love. Separately metered except water. Tenants pay gas/ electric. Most tenants are behind on rent, owner moved out of state handed it off to a PM and it's now in a poor state. Sale is as-is. His loss is your gain. P&L not available. Rent roll not available due to most tenants being far behind, but current rents are $400-450/ month. Best strategy will likely to be to vacate most or all units and renovate and re-rent. Structurally, the buildings appear to be sound. Newer roofs. Will likely not qualify for traditional financing. Likely hard money or cash only. NO SHOWINGS UNTIL AFTER AN ACCEPTED OFFER. Agents, see notes. DO NOT DISTURB TENANTS!

Last Agent to Sell the Property

Ben Helms

United Real Estate Louisville License #218032 Listed on: 07/08/2022

United Real Estate Louisville

Last Buyer's Agent

Ben Helms

RE/MAX Associates of Louisville

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1967

Lot Details

  • 0.73

Home Design

  • 7,950 Sq Ft Home
  • Quadruplex
  • Brick Exterior Construction
  • Shingle Roof

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tenant pays for gas, electric, cable
  • The owner pays for water, trash removal, sewer
  • Legal Lot and Block 0013 / 1380
  • Assessor Parcel Number 138000130000
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Cooling System: None
  • Property Sub Type: Quadplex
  • Property Type: MultiFamily
  • Garage Yn: No
  • Subdivision Name: NONE
  • Above Grade Finished Sq Ft: 7950.0
  • Architectural Style: Other
  • ResoBuildingAreaSource: Other
  • Utilities Electricity Connected: Yes
  • Roof:Shingle: Yes
  • Utilities City Sewer: Yes
  • Owner Pays:Trash Removal: Yes
  • Special Features: None

Interior Features

  • Basement YN: No

Exterior Features

  • Roof: Shingle
  • Acres: 0.74
  • Construction Type: Brick
  • Exterior Features: None
  • Construction:Brick3: Yes

Garage/Parking

  • General Property Description:_pound_ Parking Spaces: 12.0

Utilities

  • Utilities: City Sewer, City Water, Electricity Connected
  • Cooling Y N: No
  • Heating: Forced Air
  • HeatingYN: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 32234.0
  • ResoLotSizeUnits: Square Feet
  • Parcel #: 138000130000
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Owner Pays: Water, Trash Removal, Sewer
  • Tenant Pays: Gas, Electric, Cable

Building Info

  • Year Built: 1967

Multi Family

  • Number Of Units Total: 12

Tax Info

  • Tax Block: 1380
  • Tax Lot: 0013

Range of Values:

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Average Value
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List Price
Sold Price
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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
08/30/2022 08/30/22 Sold $325,000 +3.2% $41 / Sq Ft
07/09/2022 07/09/22 Pending -- -- --
07/08/2022 07/08/22 For Sale $315,000 -- $40 / Sq Ft
Source: Metro Search (Greater Louisville Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1617061

Metro Search (Greater Louisville Association of REALTORS®)

APN: 24138000130000