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Excellent opportunity to acquire a cash-flowing single-family rental with a long-term tenant in place and built-in rent growth potential. This property has been occupied by the same tenant for over 5 years, providing stability and consistent income. The home is currently rented through Section 8 at $1,397/month, with payments reliably supported by the Housing Authority. Under current guidelines, a new owner would be eligible to apply for FY26 Section 8 rent increases, with projected rents up to approximately $1,900/month, subject to Housing Authority approval and inspection. The property offers a functional layout, solid condition, and low turnover history, making it an ideal buy-and-hold investment for investors seeking dependable income with upside.
Property Type(s):
Single Family
| Last Updated | 12/29/2025 | Tract | PARKDALE |
|---|---|---|---|
| Year Built | 1939 | Community | 01-Dtwn Old Louisville/Shively/West Lou |
| County | Jefferson |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 01-Dtwn Old Louisville/Shively/West Lou |
| BASEMENT | Unfinished, Yes |
| CONSTRUCTION | Frame |
| HEAT | Natural Gas, None |
| LOT | 6098 sq ft |
| LOT DIMENSIONS | 0.14 |
| PARKING | On Street |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Traditional |
| SUBDIVISION | PARKDALE |
| UTILITIES | Electricity Connected |
| WATER | Public |
Location
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Listed with RE/MAX Premier Properties
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of APEX MLS. Real estate listings held by IDX Brokerage firms other than Metro Realty and Management Inc. are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers Information Deemed Reliable but Not Guaranteed. Copyright 2025 APEX MLS. All rights reserved Data last updated: 12/30/25 8:10 AM PST 
This IDX solution is (c) Diverse Solutions 2025.
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