$200,000
SOLD JAN 13, 2025
-- Bed
-- Bath
2,396 Sq Ft
3,485 Sq Ft Lot

Recently Sold

$83 Per Sq Ft

8% Below List Price

109 Days on Market

Highlights

  • No HOA
  • Porch
  • Forced Air Heating and Cooling System
  • Atherton High School Rated A
  • Cooling System Mounted To A Wall/Window

About This Home

As of January 2025

Welcome to 2411 S. Shelby Street. This 5-plex apartment building presents an excellent investment opportunity. Convenient to UofL, downtown Louisville, Audubon Park, Germantown, and the Highlands, potential tenants will love the central location. This property is zoned C-1 and has endless possibilities for end use. You could keep the current apartment layout as-is (5 one bedroom, one bath units), and potentially renting units 1, 2, and 5 to high paying Section 8 tenants and enjoying a cash-cow. You could live in one of the units and rent out the others to house hack. Or convert the main floor to a short-term rental or storefront space while keeping three one bedroom apartments above and below. The roof, siding, windows, and storm windows are all updated. New kitchen cabinets for all 5 units (not yet installed) are included and convey with the property. All 5 units have separate electric meters while the gas and water are each on one shared meter. The whole building is serviced by one HVAC system and one water heater, saving potential headaches and costs from multiple systems. This property is being sold "as-is."

Last Agent to Sell the Property

Aidan Miller

May Team REALTORS License #286944 Listed on: 09/06/2024

Last Buyer's Agent

Senahid Bektas

Key Point Realty License #295475

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1922

Home Design

  • Shingle Roof
  • Vinyl Siding

Outdoor Features

  • Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Basement

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • The owner pays for sewer, water
  • Legal Lot and Block 0004 / 024K
  • Assessor Parcel Number 024K00040000
  • Seller Concessions Not Offered

Property Details

Home Type

Apartment

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Cooling System: Central Air, Wall/Window Unit(s)
  • Lot Dimensions: < 1/4 Acre
  • Property Sub Type: Apartment
  • Property Type: Multi Family
  • Garage Yn: No
  • Subdivision Name: NONE
  • Above Grade Finished Sq Ft: 1536.0
  • Architectural Style: Bungalow
  • Utilities Electricity Connected: Yes
  • Roof:Shingle: Yes
  • Cooling Central Air: Yes
  • Construction:Wood Frame: Yes
  • Water and Sewer:City Sewer: Yes
  • Architectural Style Bungalow: Yes
  • Special Features: None

Interior Features

  • Basement YN: Yes
  • Below Grade Sq Ft: 860.0

Exterior Features

  • Roof: Shingle
  • Acres: 0.09
  • Construction Type: Vinyl Siding, Wood Frame
  • Patio And Porch Features: Porch
  • Construction:Vinyl Siding: Yes
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • General Property Description:_pound_ Parking Spaces: 5.0

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: 3746.0
  • ResoLotSizeUnits: Square Feet
  • Parcel #: 024K00040000
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Owner Pays: Sewer, Water, See Remarks
  • Tenant Pays: Cable TV, Electricity, Gas, See Remarks

Building Info

  • Year Built: 1922

Multi Family

  • Number Of Units Total: 5

Tax Info

  • Tax Block: 024K
  • Tax Lot: 0004

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
01/13/2025 01/13/25 Sold $200,000 -7.8% $83 / Sq Ft
12/24/2024 12/24/24 Pending -- -- --
09/06/2024 09/06/24 For Sale $216,900 -- $91 / Sq Ft
Source: Metro Search, Inc.

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro Search, Inc.

MLS Number: 1669826

Metro Search, Inc.