OWNER-OCCUPANT OR INVESTMENT OPPORTUNITY in a well-located Louisville duplex with immediate income already in place. The first-floor 2-bedroom, 1-bath unit is currently rented for $1,075 per month, while the second-floor 2-bedroom, 1-bath unit is vacant, renovated, and ready for a new owner or tenant. With separate utilities, off-street parking, and more than $29,000 in recent improvements, this property offers a compelling combination of current income and future flexibility. An owner-occupant can live in one unit while collecting rent from the other, or an investor can lease both units and add a centrally located multifamily property to their portfolio. The vacant upper unit offers a move-in-ready opportunity, while the occupied lower unit provides income from day one. NEW water heater in 2022, NEW furnace in 2023, NEW A/C in 2023, NEW sewage cleanout in 2025, NEW vinyl plank flooring in 2026, NEW carpet in the bedrooms in 2026, NEW refrigerator and range in 2026, NEWLY remodeled bathroom in 2026, including NEW flooring, NEW tub, NEW tiled shower, NEW lighting, NEW toilet, and NEW vanity. Conveniently located near UofL, Shelby Park, Germantown, downtown Louisville, and major employment and entertainment areas. Whether you're a first-time investor, experienced landlord, or buyer looking for an income-producing property with an owner-occupant option, 1352 S Preston Street offers flexibility, location, and long-term potential.
Details
MLS #
1726631
Listing Type
For Sale
Sub-Type
Resale
Status
Active Under Contract
Year
1974
Days On Site
47
Listing Provided By
United Real Estate Louisville | Steve Ullum
Features
Bed(s)
4
Bath(s)
2
SQ Feet
2,014
Units
2
Acreage
0.07
Area Information
State
KY
County
Jefferson
City
Louisville
Zip Code
40208
Area
02 Butchertwn | Hghlnds | Germantwn
Community Name
SHELBY PARK
Listing VS Median (in SHELBY PARK)
Price: $280,000
low | high
Med: $284,300
48.464285714286% of Average
sqft: 2,014
low | high
Med: 1,682
66.48460774578% of Average
$ / sqft: $139
low | high
Med: $176
23.116349206349% of Average
On site: 47
low | high
Med: 39
100% of Average
Sourced by Back At You
Market Activity 40208
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Sep 2026
Sales: 1
Avg $ Per SqFt: $297.5
Min Sale Price: $155,000
Max Sale Price: $155,000
Med Sale Price: $155,000
Date: Aug 2026
Sales: 3
Avg $ Per SqFt: $148.1
Min Sale Price: $165,000
Max Sale Price: $400,000
Med Sale Price: $165,000
Date: Jul 2026
Sales: 8
Avg $ Per SqFt: $118.55
Min Sale Price: $110,000
Max Sale Price: $380,000
Med Sale Price: $174,500
Date: Jun 2026
Sales: 9
Avg $ Per SqFt: $82.36
Min Sale Price: $10,000
Max Sale Price: $405,000
Med Sale Price: $87,000
Date: May 2026
Sales: 11
Avg $ Per SqFt: $144.82
Min Sale Price: $90,000
Max Sale Price: $660,000
Med Sale Price: $199,000
Date: Apr 2026
Sales: 13
Avg $ Per SqFt: $141.73
Min Sale Price: $9,000
Max Sale Price: $1,030,000
Med Sale Price: $168,000
Date: Mar 2026
Sales: 16
Avg $ Per SqFt: $128.24
Min Sale Price: $57,500
Max Sale Price: $830,000
Med Sale Price: $159,950
Date: Feb 2026
Sales: 10
Avg $ Per SqFt: $134.52
Min Sale Price: $120,000
Max Sale Price: $305,000
Med Sale Price: $153,500
Date: Jan 2026
Sales: 12
Avg $ Per SqFt: $131.76
Min Sale Price: $60,000
Max Sale Price: $745,000
Med Sale Price: $152,500
Date: Dec 2025
Sales: 7
Avg $ Per SqFt: $122.62
Min Sale Price: $20,000
Max Sale Price: $643,225
Med Sale Price: $360,000
Date: Nov 2025
Sales: 8
Avg $ Per SqFt: $97.91
Min Sale Price: $650
Max Sale Price: $195,000
Med Sale Price: $130,000
Date: Oct 2025
Sales: 13
Avg $ Per SqFt: $120.81
Min Sale Price: $39,000
Max Sale Price: $375,000
Med Sale Price: $160,000
Sourced by Back At You
Sep 2026
Sales:
1
Avg $ Per SqFt:
$297.5
Min Sale Price:
$155,000
Max Sale Price:
$155,000
Med Sale Price:
$155,000
Aug 2026
Sales:
3
Avg $ Per SqFt:
$148.1
Min Sale Price:
$165,000
Max Sale Price:
$400,000
Med Sale Price:
$165,000
Jul 2026
Sales:
8
Avg $ Per SqFt:
$118.55
Min Sale Price:
$110,000
Max Sale Price:
$380,000
Med Sale Price:
$174,500
Jun 2026
Sales:
9
Avg $ Per SqFt:
$82.36
Min Sale Price:
$10,000
Max Sale Price:
$405,000
Med Sale Price:
$87,000
May 2026
Sales:
11
Avg $ Per SqFt:
$144.82
Min Sale Price:
$90,000
Max Sale Price:
$660,000
Med Sale Price:
$199,000
Apr 2026
Sales:
13
Avg $ Per SqFt:
$141.73
Min Sale Price:
$9,000
Max Sale Price:
$1,030,000
Med Sale Price:
$168,000
Mar 2026
Sales:
16
Avg $ Per SqFt:
$128.24
Min Sale Price:
$57,500
Max Sale Price:
$830,000
Med Sale Price:
$159,950
Feb 2026
Sales:
10
Avg $ Per SqFt:
$134.52
Min Sale Price:
$120,000
Max Sale Price:
$305,000
Med Sale Price:
$153,500
Jan 2026
Sales:
12
Avg $ Per SqFt:
$131.76
Min Sale Price:
$60,000
Max Sale Price:
$745,000
Med Sale Price:
$152,500
Dec 2025
Sales:
7
Avg $ Per SqFt:
$122.62
Min Sale Price:
$20,000
Max Sale Price:
$643,225
Med Sale Price:
$360,000
Nov 2025
Sales:
8
Avg $ Per SqFt:
$97.91
Min Sale Price:
$650
Max Sale Price:
$195,000
Med Sale Price:
$130,000
Oct 2025
Sales:
13
Avg $ Per SqFt:
$120.81
Min Sale Price:
$39,000
Max Sale Price:
$375,000
Med Sale Price:
$160,000
MLS Number: 1726631
Steve Ullum – (502) 500-5952 – steveullum@gmail.com
United Real Estate Louisville – (502) 509-4498 – bmays@urelouisville.com
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The information is being provided by Greater Louisville MLS. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 Greater Louisville MLS. All Rights Reserved.
MLS Number: 1726631
Steve Ullum – (502) 500-5952 – steveullum@gmail.com
United Real Estate Louisville – (502) 509-4498 – bmays@urelouisville.com