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About This Home
This 8-bedroom, 8-bathroom multi-family at 1909 San Jose Ave in Louisville, KY is listed for $950,000 ($157 per sqft). Built in 1963, the home offers 6,048 sqft of living space on a N/A lot.
Strong Performing 12-Unit Investment Opportunity on Corner Lot! This well-maintained 12-plex sits on a desirable corner lot with ample off-street parking, making it highly attractive to tenants. The property has seen numerous updates, including the addition of a coin-operated laundry facility in the basement-providing both tenant convenience and an additional income stream.
The current rent roll is $9,050/month, with scheduled increases bringing it to $9,400/month as of June 1, 2026. Over the past two years, ownership has successfully increased rents from $6,575 to current levels, demonstrating proven upside and continued value-add potential.
Operating at a solid 7.8% cap rate, this asset offers strong cash flow with room for further growth. Operating at a solid 7.8% cap rate, this asset offers strong cash flow with room for further growth. A turnkey investment that is easy to manage and positioned for continued income expansion.
Key Features
- Built in 1963
Property Details
Amenities
Monthly Cost Estimate
$5,081/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1909 San Jose Ave
Louisville, KY 40216
ROGGENKAMP PLACE
Property Details
Construction
Cooling
Questions & Answers
This 8-bedroom, 8-bathroom multi-family at 1909 San Jose Ave is listed at $950,000 ($157/sqft). The estimated monthly payment is $4,117 based on 20% down at 6.5% interest.
Key features include: Built in 1963.
This property is listed by Heather L Allen and can be reached at 5024687553 or heather@genesisrealtyonline.com.
