$490,000
 $2,782 est/mo Sourced by Back At You
Source MLS Verified

918 Ash St,Louisville, KY 40217

Louisville, KY 40217

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Description

Investor opportunity in the heart of Germantown! This 5-unit multifamily is a value-add play with most of the heavy lifting already done. Four of the five units have been completely renovated within the last 2-3 years turnkey, low-maintenance, and ready to perform from day one. The mix features two spacious 2-bedroom units and two 1-bedroom units, plus a fifth unit on the top level awaiting completion: your built-in upside to add income and force appreciation on your terms. Central heat and air throughout keeps operations efficient, and a shared laundry on the first level adds tenant convenience and an extra revenue stream. All of this sits in one of Louisville's most walkable, in-demand neighborhoods, surrounded by the restaurants, breweries, and everyday amenities that keep Germantow rental demand strong. Cash-flowing assets with real upside rarely hit the market here. Come see the opportunity to own a piece of Germantown and finish the story on the top floor. Bring your vision; the value is already in place.

Details

MLS #1726604
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1905
Days On Site30
Listing Provided ByEXP Realty LLC | Ethan J Adams

Features

Bed(s)7
Bath(s)1
SQ Feet3,540
Units5
Acreage0.14

Area Information

StateKY
CountyJefferson
CityLouisville
Zip Code40217
Area02 Butchertwn | Hghlnds | Germantwn
Community NameGERMANTOWN
Listing VS Median (in GERMANTOWN)
Price:
$490,000
low | high
Med:
$270,000
94.897959183673% of Average
sqft:
3,540
low | high
Med:
1,056
100% of Average
$ / sqft:
$138
low | high
Med:
$256
34.71706864564% of Average
On site:
30
low | high
Med:
30
100% of Average
Sourced by Back At You

Market Activity 40217

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Learn More About This Property

StateKY
CountyJefferson
CityLouisville
Zip Code40217
Area02 Butchertwn | Hghlnds | Germantwn
Community NameGERMANTOWN
Listing VS Median (in GERMANTOWN)
Price:
$490,000
low | high
Med:
$270,000
94.897959183673% of Average
sqft:
3,540
low | high
Med:
1,056
100% of Average
$ / sqft:
$138
low | high
Med:
$256
34.71706864564% of Average
On site:
30
low | high
Med:
30
100% of Average
Sourced by Back At You
Listing Updated: August 25, 2026 at 7:40:32 AM PDT