7-Door SFR Portfolio | Iroquois | Louisville, KY
SFR Portfolio | $94,320 Gross Annual Income
Marketing description
We are pleased to present a 7-property single-family rental portfolio located in Louisville’s established Iroquois submarket.
This portfolio is 100% occupied and currently generating $7,860 per month ($94,320 annually). Offered at $905,000 ($129,286 per home), the portfolio delivers immediate in-place income with proven tenant stability.
The homes total 6,760 SF and consist of 2- and 3-bedroom, 1-bath layouts—a highly liquid rental product type in South Louisville. Average tenant tenure is approximately 3 years (36.6 months), reflecting consistent demand and retention.
All homes feature LVP or hardwood flooring, with multiple properties receiving HVAC upgrades, roof replacements, and kitchen improvements. Tenancy is market rate and tenants pay all utilities.
This is a clean, stabilized portfolio with strong occupancy history, durable housing stock, and an efficient 7-asset footprint that can be managed with minimal operational complexity.
Recent comparable sales in 40214 range from approximately $130,000 to $185,000 per home, supporting pricing within current neighborhood market activity.
Portfolio is offered as a package only. Please reach out with questions and interest.
Investment highlights
Purchase Price: $905,000
Price Per Home: $129,286
Total Units: 7 Single-Family Homes
Total SF: 6,760
Current Monthly Rent: $7,860
Annual Gross Income: $94,320
Occupancy: 100%
Average Tenant Tenure: 3 Years
Unit Mix: 2BR / 3BR Homes
Year Built Range: 1923 – 1946
Utilities: Tenants Pay All Utilities
Demographics:
Median HH Income: $54,900/annually
Median Age: ~35.4 years
Average HH Size: ~2.5 persons
Renter-Occupied Housing: ~45%
Nearby Employment & Economic Drivers
UPS Worldport (major global air logistics hub)
Louisville Muhammad Ali International Airport (SDF)
Ford Louisville Assembly Plant
UofL Health – Mary & Elizabeth Hospital
Churchill Downs (year-round operations + Kentucky Derby)
Transportation & Access
Interstate 264 (Watterson Expressway)
Interstate 65
~10–15 minutes to Downtown Louisville
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.
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