8-Door SFR Portfolio | Beechmont | Louisville, KY
Value-Add SFR Portfolio | 2 Vacancies | Stabilize to $123K+ Annual Gross
Marketing description
We are pleased to present a 9-home single-family rental portfolio located in Louisville’s Beechmont and Hazelwood submarkets.
The portfolio totals 8,340 SF and is offered at $1,200,000 ($133,333 per home). The homes feature a mix of 2, 3, and 4-bedroom layouts, providing broad rental appeal in an established South Louisville neighborhood.
The portfolio currently produces $7,724 in monthly in-place rent, with two rent-ready vacancies actively being marketed, bringing total gross potential rent to $10,274 per month ($123,288 annually) upon stabilization.
Tenant tenure averages approximately 24 months, reflecting retention and demand within the submarket. Tenants pay all utilities, and most homes have been improved with new AC units, roof replacements, kitchen updates, and LVP or wood flooring throughout.
The properties were built between 1919 and 1965, and have been professionally managed for the last ~5 years.
With a manageable 9-asset footprint, immediate lease-up upside, and strong comparable sales support in the surrounding area, this offering presents a balanced opportunity for investors seeking stabilized cash flow with measurable near-term income growth.
Portfolio is offered as a package only.
Please contact the listing team with questions and interest. Rent roll and tax bills to be shared upon execution of NDA. Leases and tours requests are available upon execution of an LOI.
Investment highlights
Purchase Price: $1,200,000
Price Per Home: $133,333
Total Units: 9 Single-Family Homes
Total SF: 8,340
Current Monthly Rent: $7,724
Gross Potential Rent: $10,274/month
Gross Potential Annual Income: $123,288
Average Tenant Tenure: ~24 Months
Unit Mix: 2BR / 3BR / 4BR Homes
Year Built Range: 1919 – 1965
Tenancy: Market Rate
Utilities: Tenants Pay All Utilities
Flooring: All homes feature LVP or wood flooring
Recent Improvements: HVAC upgrades, roof replacements, kitchen updates
Demographics:
Area Demographics (40214 & 40215)
Median Age: ~36.5 years
Median HH Income: ~$48,000 - $54,900/annually
Average HH Size: ~2.45 Persons
Renter Occupied Housing: ~45%
Nearby Points of Interest:
UPS Worldport
Louisville Muhammad Ali International Airport
Churchill Downs
U of L Health
Form Louisville Assembly Plant
Interstate 264
Interstate 65
Financials:
Individual financials are not available as the properties are part of a larger portfolio, purchasers to underwrite expenses independently
Supporting Due Diligence:
Rent roll and tax bills will be shared upon NDA execution, Leases to be shared upon LOI execution.
Disclaimer:
All property information contained herein has been obtained from sources believed to be reliable; however, Seller, eXp Commercial, LLC, and their respective affiliates, agents, and representatives make no warranty or representation, express or implied, as to the accuracy or completeness of any such information. Any projections, opinions, assumptions, or estimates are provided for illustrative purposes only. Prices, terms, availability, and other details are subject to change or withdrawal without notice.
Photographs, renderings, and other images are provided for illustrative purposes only and may depict finishes, fixtures, dimensions, or views that differ from the actual property. All square footages, acreage, income, expenses, NOI, rent figures, lease terms, zoning, and other property characteristics should be independently verified. Prospective purchasers and tenants are encouraged to conduct their own independent investigations, inspections, and due diligence and shall rely solely upon the results thereof.
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Is there information that looks off?
