3405 Prestwood Dr Louisville, KY 40219
Newburg NeighborhoodEstimated payment $6,270/month
Total Views
40,839
24
Beds
12
Baths
10,206
Sq Ft
$97
Price per Sq Ft
Highlights
- Traditional Architecture
- No HOA
- Forced Air Heating and Cooling System
About This Home
This listing includes 3403 and 3405, Prestwood Drive. All 12 units are 2 bedrooms, 1 bath, with living room, dining area and kitchen. The units have all been renovated by the current owners with updated kitchens & baths, Luxury Vinyl plank flooring in majority of units. Baths all consist of tub/shower combinations with linen closets, 4 total closets (one of which is a walk-in with automatic lighting) in each unit. Kitchens & Bath with ceramic flooring. All units have either electric or gas furnaces with central air. There are 6 tandem paved parking spaces in front of each building. Secure entries to each building. Neutral paint throughout most units. These 2 buildings are in the 100-year flood plain (see attached rent roll sheet for breakdowns of of current expenses). These buildings have been self-managed and therefore no official documentation of updates or maintenance is available. The average house meters $50 per building. The total insurance cost in the listing includes approximately $6,000 total flood insurance premium. Lots of long-term tenants most are on mo. to mo. at this time. Super clean buildings. These listings can also be packaged with 7509 & 7511 Garrison Rd. and 3407 & 3411 Prestwood - also for sale in KCREA.
Flood Insurance approx. $6000/yr. 2024 - property/liability insurance $15,283. 2024 - taxes on 2 buildings $5148. Water/sewer $600/mo.
A full package purchase of MLS#1693210 (3407 & 3411 Prestwood), MLS#1693209 (3403 & 3405 Prestwood) and MLS#1690987 (7509 & 7511 Garrison) can be purchased for $2,950,000.
Property Details
Home Type
- Apartment
Year Built
- Built in 1968
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Shingle Roof
Bedrooms and Bathrooms
- 24 Bedrooms
- 12 Bathrooms
Utilities
- Forced Air Heating and Cooling System
Additional Features
- Basement
Community Details
- No Home Owners Association
Listing and Financial Details
- The owner pays for trash collection, sewer, water
- Legal Lot and Block 54, 55, 56, 58 / 0941
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/17/2025 09/17/25 | Price Changed | $995,000 | -2.9% | $97 / Sq Ft | |
| 07/22/2025 07/22/25 | For Sale | $1,025,000 | +469.4% | $100 / Sq Ft | |
| 08/22/2016 08/22/16 | Sold | $180,000 | -7.7% | $35 / Sq Ft | View Prior Sale |
| 06/08/2016 06/08/16 | Pending | -- | -- | -- | |
| 08/26/2015 08/26/15 | For Sale | $195,000 | -- | $38 / Sq Ft |
Source: Metro Search, Inc.
About the Listing Agent
Michael is a full time Realtor with over 33 years' experience negotiating for his clients' best interests with both buyers and sellers. He is also a member of KCREA (Kentucky Commercial Real Estate) which gives him the upper hand in commercial and investment properties. Michael works tirelessly throughout the entire Metro Louisville area & surrounding counties, but especially loves opportunities to work within the area's urban, historic neighborhoods of Old Louisville, The Highlands, Cherokee
Michael's Other Listings
Source: Metro Search, Inc.
MLS Number: 1693209
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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about each listing includes the name of the listing broker. Copyright 2025 Metro Search, Inc.
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