1908 Crums Ln Shively, KY 40216
Estimated payment $6,518/month
Highlights
- No HOA
- Mini Split Heat Pump
- High-Rise Community
- Ductless Heating Or Cooling System
About This Home
Discover an exceptional turnkey investment opportunity in the heart of Louisville. This fully occupied, well maintained 12 unit apartment building is a solid mix of comfort, convenience, and income potential. Located in a high-demand rental area with easy access to public transportation, schools, shopping, and major highways. Each of the 12 units has approximately 950 sf of living space, featuring two spacious bedrooms, dine in kitchens, and one full bathroom. The units have functional layouts, large living areas, natural light, their own PTAC units, and are separately metered for gas & electric. Plenty of off street parking designated for the building. Whether you're a seasoned investor or looking to expand your multi family portfolio, be sure to check out this fully leased income producing asset.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1964
Lot Details
- Lot Dimensions are 83 x 171 x 88 x 171
Home Design
- 11,400 Sq Ft Home
- Triplex
- Flat Roof Shape
- Brick Exterior Construction
Bedrooms and Bathrooms
- 24 Bedrooms
- 12 Bathrooms
Utilities
- Ductless Heating Or Cooling System
- Mini Split Heat Pump
Additional Features
- Basement
Community Details
- No Home Owners Association
- High-Rise Community
- Wessel Subdivision
Listing and Financial Details
- The owner pays for trash collection, sewer, water
- Legal Lot and Block 0209 / 1015
- Assessor Parcel Number 101502090000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,234 | $875,000 | $58,350 | $816,650 |
| 2024 | $8,444 | $875,000 | $58,350 | $816,650 |
| 2023 | $8,623 | $864,000 | $58,350 | $805,650 |
| 2022 | $5,010 | $500,000 | $58,350 | $441,650 |
| 2021 | $5,475 | $500,000 | $58,350 | $441,650 |
| 2020 | $5,035 | $500,000 | $58,350 | $441,650 |
| 2019 | $3,914 | $397,800 | $58,350 | $339,450 |
| 2018 | $1,322 | $390,000 | $86,250 | $303,750 |
| 2017 | $3,703 | $390,000 | $86,250 | $303,750 |
| 2013 | $3,900 | $390,000 | $86,250 | $303,750 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/02/2025 10/02/25 | Price Changed | $1,100,000 | -8.3% | $96 / Sq Ft |
| 08/27/2025 08/27/25 | For Sale | $1,200,000 | -- | $105 / Sq Ft |
Source: Metro Search, Inc.
MLS Number: 1696471
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Ask me questions while you tour the home.