$1,200,000

1908 Crums Ln Shively, KY 40216

Estimated payment $7,827/month

Total Views 4,539
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Fully renovated and fully occupied, this 12-unit multifamily property in Louisville is a turnkey investment bringing in strong cash flow from day one. All units are 2-bedroom apartments, each remodeled with updated flooring, fresh paint, modern lighting, upgraded kitchens and bathrooms, and washer/dryer hookups. Every unit rents for $950/month, totaling $11,400 in gross monthly income. Tenants pay their own utilities, while the owner covers water, sewer, dumpster service, and insurance. The building features a stable mix of traditional and Section 8 tenants, ensuring steady and reliable rental payments. Located in a high-demand area with easy access to downtown Louisville, major highways, and key employers, this property is perfectly positioned for continued rental success. With all major systems updated and fully leased, this is a low-maintenance, high-return opportunity ideal for investors looking to expand their portfolio in a growing market.

Listing Agent

Jenny Perron

EXP Realty, LLC License #218043 Listed on: 07/04/2025

EXP Realty, LLC

Property Details

Home Type

  • Apartment

Lot Details

  • 0.94 Acre Lot

Parking

  • Parking Available

Schools

  • Not Applicable Middle School

Community Details

  • 12 Units
  • Commercial Subdivision

Property Details

Home Type

Apartment

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Structure Type: Apartments
  • Year Built: 9999
  • Location Tax Legal Info:Intermediate School: Not Applicable
  • Contract Info:On Market Date: 2025-07-03
  • General Property Description:Lot Size Acres: 0.943
  • Unit Info:_pound_ of Units: 12
  • Structure Type:Apartments: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Lot Size Area: 0.94

Exterior Features

  • List Price: 1200000.0

Garage/Parking

  • Parking 11 - 20 Spaces: Yes

Lot Info

  • Lot Size Acres: 0.94
  • Lot Size Sq Ft: 41078.0
  • Zoning Description: multifamily

Multi Family

  • Number of Units Total: 12

Map

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
07/04/2025 07/04/25 For Sale $1,200,000 -- --
Source: ImagineMLS (Bluegrass REALTORS®)

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 25014406

ImagineMLS (Bluegrass REALTORS®)