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Shively 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, a home-rule city surrounded by Louisville, has evolved from its origins as a hub for Kentucky bourbon distilleries in the 1930s to a diverse residential community. The neighborhood features a mix of ranchers, Cape Cod, and Craftsman-style homes, primarily built between the 1940s and 1960s, many of which have undergone interior renovations. Shively is well-connected via US-60/Dixie Highway, Interstate 264, and Cane Run Road, with downtown Louisville just 6 miles away. The University of Louisville Health Mary & Elizabeth Hospital is 2 miles from the neighborhood, and Louisville International Airport is 5 miles east. Shopping and dining options are concentrated along Dixie Highway, including fast food chains like McDonald’s and local eateries such as Wing Station and Big Hopp’s Southern Eatery. Shively Park and Leeds Park offer recreational spaces with amenities like tennis courts and playgrounds, while Watterson Lake Park is ideal for fishing. The neighborhood is part of the Jefferson County Public Schools district, though local schools have mixed ratings. Shively's historical connection to the bourbon industry remains, with attractions like the Stitzel-Weller Distillery. However, residents have raised concerns about air quality due to nearby industrial plants, despite significant reductions in toxic emissions since 2005.

Home Trends in Shively, KY

Housing Trends

Median Sale Price
$200,000
Median Single Family Sale Price
$200,000
Average Price Per Sq Ft
$135
Number of Homes for Sale
22
Last 12 months Home Sales
163
Months of Supply
1.60
Median List Price
$200,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
11%
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