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Excellent opportunity to acquire a performing single-family rental in a strong South Louisville location with immediate income and future upside. The property is currently rented at $1,150/month, providing stable cash flow from day one. Based on FY26 Section 8 rent guidelines, a new owner would be eligible to apply for rent adjustments that could push monthly rents to approximately $1,500/month, subject to Housing Authority approval and inspection. This creates a clear path to increased returns without the need for major renovations or repositioning. The home features a practical layout, solid condition, and strong rental demand, making it well-suited for long-term hold investors or buyers looking to add dependable income to their portfolio.
Property Type(s):
Single Family
| Last Updated | 12/29/2025 | Tract | GARDEN ACRES |
|---|---|---|---|
| Year Built | 1937 | 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 | Aluminum Siding, Vinyl Siding |
| HEAT | Forced Air, None |
| LOT | 6098 sq ft |
| LOT DESCRIPTION | Cleared, Level |
| LOT DIMENSIONS | 0 |
| PARKING | Driveway |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Ranch |
| SUBDIVISION | GARDEN ACRES |
| 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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