1507 E Breckinridge St, Louisville, KY 40204

Excellent investment opportunity with strong owner-occupant potential in a prime location just off Bardstown Road, within walking distance to popular restaurants, parks, and local events. This well-maintained property features two main units plus a separate rear cottage home, offering multiple income streams and flexibility for future use.

The first and second floor units are both spacious 2-bedroom, 1-bath layouts, providing functional and desirable living spaces. The second-floor unit has been owner-occupied since purchase and is now vacant, making it ideal for an owner-occupant or immediate leasing at market rent.

The first-floor unit is currently rented on a month-to-month basis. The rear cottage home is a 1-bedroom currently rented month-to-month, with tenant scheduled to vacate at the end of April 2026. Recent improvements to the front building include a new roof and gutters (2025), fresh exterior paint (2025), updated landscaping, renovated interiors (2020), and updated HVAC systems (2020), helping reduce near-term maintenance and capital expenses.

Current rents are below market, presenting clear upside potential for increased cash flow. Ideal for investors or owner-occupants looking to offset living expenses. Open house Sunday from 1:00-3:00 PM to view occupied units. Showings available by appointment only. Pre-qualified buyers required.