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Shively, KY Multifamily Homes & Duplexes for Sale

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  • /24

    $1,200,000

    1908 Crums Ln, Shively, KY 40216

    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

    Jenny Perron EXP Realty, LLC

    1908 Crums Ln, Shively, KY 40216
  • /31

    $625,000

    • 4,928 Sq Ft

    4143 Hillview Ave, Louisville, KY 40216

    Great opportunity to own a cash flowing 8-plex. Located in the heart of Shively This property has 4-One bedroom One bathroom units and 4-Two Bedroom One Bathroom Units. Units have been updated when tenants move out, with new carpet, paint, and several new appliances. This professionally managed property makes for a great addition to any portfolio. 1 vacant unit currently being advertised to

    Joe Barnett PML Real Estate Group LLC

    4143 Hillview Ave, Louisville, KY 40216

Why Live in Shively

Shively, KY, located on the west side of Louisville, is a home-rule city with a rich history dating back to the 1930s when it was established to host bourbon distilleries. Today, Shively features a mix of mid-century ranchers, Cape Cod, and Craftsman-style homes, many of which have undergone interior renovations. Shopping and dining are concentrated along Dixie Highway, with options ranging from fast food chains like McDonald’s and Krispy Kreme to local eateries such as Wing Station and Big Hopp’s Southern Eatery. Residents can shop at nearby stores like Kroger Marketplace and Aldi in the Pleasure Ridge Park area. Shively is well-connected to greater Louisville via US-60/Dixie Highway and Interstate 264, with downtown Louisville just 6 miles away and Louisville International Airport 5 miles east. The area is served by Jefferson County Public Schools, though local schools have mixed ratings. Shively Park offers 21 acres of green space, tennis courts, and a playground, while Leeds Park and Watterson Lake Park provide additional recreational options. The community maintains its bourbon heritage with distillery tours at Stitzel-Weller Distillery and local bars like Bud’s Tavern. Potential home buyers should be aware of ongoing concerns about air quality due to nearby industrial plants.

Home Trends in Shively, KY

Housing Trends

Median Sale Price
$197,500
Median Single Family Sale Price
$200,000
Average Price Per Sq Ft
$134
Number of Homes for Sale
11
Last 12 months Home Sales
68
Months of Supply
1.90
Median List Price
$202,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
7%
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