NOT LISTED FOR SALE

3324 Breckenridge Ln Louisville, KY 40220

-- Bed
-- Bath
8,640 Sq Ft
0.46 Acres

Last Sold October 22, 2024

Last sale price $975,000 $113 Per Sq Ft

6 Days on Market

About This Home

As of October 2024

This stable 12 unit apartment complex is located in the mature, Hikes Point area. Prominently situated on a corner off Breckenridge Lane, this well-maintained asset contains 2 BR units that are all rented at below market rates. Over the years the kitchens and bathrooms have been upgraded in all units.

An investor should be able to enjoy immediate upside in rents without significant investment. Louisville continues to experience very high demand for workforce housing, and an investor can enjoy immediate upside in a high-demand submarket.

>> 12 2BR/1BA units
>> Remodeled kitchens and baths with dishwashers
>> Washer/dryer hookups in each unit
>> All units under-rented on short-term leases
>> Separate LG and E

Last Agent to Sell the Property

Reed Weinberg

PRG Commercial Property Advisors License #203845 Listed on: 08/09/2024

Last Buyer's Agent

Tim Bowman

PML Real Estate Group LLC License #243302

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1971

Lot Details

  • Lot Dimensions are 118x40

Home Design

  • 8,640 Sq Ft Home
  • Brick Exterior Construction
  • Shingle Roof

Utilities

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

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 0653 / 1873
  • Assessor Parcel Number 187306530000
  • Seller Concessions Not Offered

Property Details

Home Type

Apartment

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Cooling System: Central Air
  • Lot Dimensions: 118x40
  • Property Sub Type: Apartment
  • Property Type: MultiFamily
  • Garage Yn: No
  • Subdivision Name: NONE
  • Above Grade Finished Sq Ft: 8640.0
  • Architectural Style: Other
  • ResoBuildingAreaSource: Other
  • Roof:Shingle: Yes
  • Cooling Central Air: Yes
  • Utilities City Sewer: Yes
  • Owner Pays:Trash Removal: Yes
  • Special Features: None

Interior Features

  • Basement YN: No

Exterior Features

  • Roof: Shingle
  • Acres: 0.47
  • Construction Type: Brick
  • Exterior Features: None
  • Construction:Brick3: Yes

Garage/Parking

  • General Property Description:_pound_ Parking Spaces: 24.0

Utilities

  • Utilities: City Sewer, City Water
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • HeatingYN: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 20473.0
  • ResoLotSizeUnits: Square Feet
  • Parcel #: 187306530000
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Building Info

  • Year Built: 1971

Tax Info

  • Tax Block: 1873
  • Tax Lot: 0653

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 List to Sale Price per Sq Ft
10/22/2024 10/22/24 Sold $975,000 0.0% $113 / Sq Ft
08/15/2024 08/15/24 Pending -- -- --
08/09/2024 08/09/24 For Sale $975,000 -- $113 / Sq Ft
Source: Metro Search, Inc.

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2024

    Reed Weinberg

    PRG Commercial Property Advisors

    (502) 299-0548

    2 in this area

    18 Total Sales

    Reed Weinberg
    Section Image

  • T

    Buyer's Agent in 2024

    Tim Bowman

    PML Real Estate Group LLC

    (502) 553-3302

    4 in this area

    200 Total Sales

    Tim Bowman
    Section Image
See All Agents

Map

Source: Metro Search, Inc.

MLS Number: 1667677

Metro Search, Inc.
Kentucky Jefferson County Louisville 40220

3324 Breckenridge Ln, Louisville, KY

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