Cash flowing 4 flex for sale. This corner lot multifamily opportunity is a great addition to any portfolio. The property has 2 - 1 bedroom 1 bathroom units and 2 - 2 bedroom 1 bathroom units. Professionally managed by Property Management of Louisville. Rent roll and 12 month financials available upon request.
Property Details
Property Features
Property Information:
Architectural Style: Other
Year Built: 1960
Living Area: 2,700 SqFt
Listing Office:
Office Name: PML Real Estate Group LLC
Exterior Features
Exterior Information:
Exterior: Deck
Utilities
Utilities Information:
Heating: Natural Gas
Other
Directions Information:
Directions: Take Virginia Ave exit off I-264. Turn right onto Hale. Turn right onto S 40th. Turn right onto Garland. Property is on the left.
Price Information
Listing Price Info
Price Summary:
List Price: $300,000
Price Per SqFt: $111/SqFt
Tax Information:
Annual Amount: $1,294
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Louisville, KY.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,565
Per Month
Principal & Interest
$1,498
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$966
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
1
/10
Foster Elementary School
1401 S 41st St
Distance between this listing and this school0.71 miles
Public Magnet Grades KG-5
1
/10
Young Elementary School
3526 W Muhammad Ali Blvd
Distance between this listing and this school0.76 miles
Public Magnet Grades KG-5
6
/10
Brandeis Elementary School
2817 W Kentucky St
Distance between this listing and this school0.89 miles
Public Magnet Grades PK-5
Nearby Schools
3
/10
Johnson Traditional Middle School
2509 Wilson Ave
Distance between this listing and this school1.40 miles
Public Magnet Grades 6-8
3
/10
Western Middle School for the Arts
2201 W Main St
Distance between this listing and this school1.92 miles
Public Magnet Grades 6-8
4
/10
Scribner Middle School
910 Old Vincennes Rd
Distance between this listing and this school3.25 miles
Public District Grades 5-8
Nearby Schools
1
/10
The Academy at Shawnee High School
4001 Herman St
Distance between this listing and this school1.07 miles
Public Magnet Grades 6-12
4
/10
Central High Magnet Career Academy
1130 W Chestnut St
Distance between this listing and this school2.52 miles
Public Magnet Grades 9-12
10
/10
J. Graham Brown School
546 S 1st St
Distance between this listing and this school3.48 miles
The neighbors living near this home have an average income of $24,820. The majority of Louisville, KY residents have income less than $35k annually. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
This home is located at 3901 Garland Ave in Louisville, KY and zip code 40211 in the Chickasaw neighborhood. This 2,700 square foot home was built in 1960. It has been listed on Rocket Homes since November 13, 2024 and is currently priced at $300,000.
Over 211 listings were sold over their listed price in October 2024 in Louisville, KY. In the same period over 346 listings were sold below the listed price and 193 listings were sold for the listed price. The inventory of homes for sale in Louisville, KY between September 2024 and October 2024 increased by 6.9%. The median list price of listings available in October 2024 was $252,697, while the average time on the real estate market was 15 days.
From Rocket Homes Real Estate and based on county public records data.