Listed by Colliers
$774,000
12 Unit Multifamily For Sale
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 10,848
Units 12
Occupancy 75%
Price per SqFt $71
Broker Co-Op Yes
Class C
Year Built 1949
Buildings 1
Stories 2
Acreage 0.545
Multifamily | 12 Units | $64,500/unit
Marketing description
This 12 unit workforce housing opportunity is located in Louisville's Shawnee neighborhood. The all-brick buildings are just one block from Shawnee Park and are situated in the midst of a dense single-family residential neighborhood.
The property is well maintained and has undergone improvements over the past several years that include unit turns, new roofs and many windows. It is separately metered for gas and electric, so there is limited landlord utility exposure.
Virtual deal room link below
Investment highlights
12 2bd/1ba units
High demand location for workforce housing
Upside potential via the below market rents and vacancies
Separately metered for gas & electric service
Listing Contacts
Listed by Colliers
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Zoning
R7 ResidentialMulti FamilyResidential Multifamily District
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View all 446 uses Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics
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