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About This Home
This 4-bedroom, 2-bathroom single family at 1022 Carlisle Ave in Louisville, KY is listed for $155,000 ($81 per sqft). Built in 1949, the home offers 1,915 sqft of living space on a 0.13 acres lot.
Excellent opportunity to acquire a cash-flowing 4-bedroom single-family rental with a current Section 8 tenant in place and immediate upside potential. The property is presently rented at $1,691/month, providing strong, reliable income supported by the Housing Authority.
The owner is currently completing the annual Section 8 inspection, and upon completion, the property is expected to be eligible for a rent increase within the next few months under updated Housing Authority guidelines. This creates a clear path to enhanced returns without the need for vacancy or major capital improvements. The home offers a functional layout with four bedrooms, good living space, and a location with consistent tenant demand, making it an ideal turnkey addition to any rental portfolio.
Key Features
- Built in 1949
- 0.13 acre lot
Property Details
Amenities
Monthly Cost Estimate
$829/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1022 Carlisle Ave
Louisville, KY 40215
HH THORNBERRY
Features & Amenities
Exterior Features
Property Details
Construction
Pool Features
Parking
Heating
Cooling
Questions & Answers
This 4-bedroom, 2-bathroom single family at 1022 Carlisle Ave is listed at $155,000 ($81/sqft). The estimated monthly payment is $672 based on 20% down at 6.5% interest.
Key features include: Built in 1949, 0.13 acre lot. Exterior Features: Hot Tub.
This property is listed by James Brown and can be reached at (502) 384-5944 or ryan@ryanbrownrealestate.com.