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About This Home

This 5-bedroom, 2-bathroom residential multi family at 3759 Southern Pkwy in Louisville, KY is listed for $340,000 ($148 per sqft). Built in 1900, the home offers 2,296 sqft of living space on a 0.17 acres lot.

Agent Description

Positioned on picturesque Southern Parkway, this fully furnished duplex at 3759 Southern Pkwy in Louisville, Kentucky is a rare, registered owner occupied short term rental (STR) opportunity just steps from Churchill Downs. Offering proven income performance and flexible rental potential, this property suits both owner-occupied STR operators and investors targeting the strong mid term furnished rental market in Louisville's urban core.

The main level offers 3 bedrooms and 1 bath, featuring generous living areas and classic architectural charm. The upstairs unit includes 2 bedrooms, 1 bath, and a private entrance with full kitchen-ideal for guests, traveling professionals, or university visitors seeking extended stays.

The property conveys fully furnished, complete with stylish decor and all rental essentials. Investors benefit from a true turnkey setup that's ready to generate income from day one, with minimal setup or overhead. With approximately $30,000 in annual gross revenue, this property delivers steady returns and room for optimization.

It's currently set up for owner occupied STR use, and non owner investors can capitalize on the mid term rental market by offering fully furnished stays of 30 days or longer-an increasingly popular segment among medical staff, corporate travelers, and relocation clients.

Directly across from Churchill Downs and steps from U of L, this property sits in one of Louisville's most dynamic, high traffic corridors. Guests enjoy quick access to downtown, the airport, and major employers, while the nearby expressway, grocery, and coffee shops enhance its everyday appeal.

Year round draws-racing events, festivals, and university activities-support consistent rental demand across both short and mid term segments. This Louisville duplex investment offers compliance, flexibility, and immediate cash flow potential. Whether operated as an owner occupied STR or furnished mid term rental, 3759 Southern Pkwy delivers a turnkey foothold in a prime location with strong, diverse tenant demand.

Key Features

  • Built in 1900
  • 0.17 acre lot

Property Details

2 full
1900

Amenities

A/C

Monthly Cost Estimate

$1,818/mo

20% down · 6.5% · 30 years

Principal$246
Interest$1,473
Insurance$99

Estimates only. Actual payments may vary.

Location

3759 Southern Pkwy

Louisville, KY 40214

WILDER PARK

Property Details

Construction

Vinyl Siding

Pool Features

DeckPatioPorch

Heating

Natural GasForced Air

Cooling

Central Air

Questions & Answers

This 5-bedroom, 2-bathroom residential multi family at 3759 Southern Pkwy is listed at $340,000 ($148/sqft). The estimated monthly payment is $1,473 based on 20% down at 6.5% interest.

Key features include: Built in 1900, 0.17 acre lot.

This property is listed by Jonathan D Klunk and can be reached at (188) 862-4644 x8 or jonathan@gokeysource.com.

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JK

Jonathan D Klunk

Agent at EXP Realty LLC

(888) 624-6448

Listed by EXP Realty LLC

MLS# 1712742· Source: listhub· Updated 14 days ago

Copyright © 2026 Greater Louisville Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

3759 Southern Pkwy, Louisville, KY 40214

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