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About This Home
This 4-bedroom, 1-bathroom residential multi family at 817 Rubel Ave in Louisville, KY is listed for $430,000 ($172 per sqft). Built in 1900, the home offers 2,493 sqft of living space on a 0.11 acres lot.
Exceptional Quadplex Investment in the Original Highlands - Welcome to 817 Rubel Ave, a rare opportunity to own a well-maintained quadplex in the vibrant Original Highlands-one of Louisville's most sought after neighborhoods. Held by the same family for more than 50 years, this property offers both history and strong income potential in a location that continues to attract long term renters.
This fully occupied four unit property features reliable tenants and a current monthly rent roll of $3,250.00, making it an attractive addition to any real estate portfolio. Investors will appreciate the diversified unit mix and consistent rental performance.
Unit Breakdown - Apartment 1: 1 Bedroom | Tenant pays personal electric - Apartment 2: Large Open Studio All utilities included Apartments 3 : 1 Bedroom All utilities included - Apartment 4 Large Open Studio, All utilities included. The owner currently covers water and gas, and tenants benefit from shared washer and dryer access in the basement, adding convenience and value for residents.
Outside, the spacious backyard provides a welcoming shared space-perfect for tenant gatherings and community enjoyment. On street parking is readily available. Located near Rubel Park, the property offers convenient access to downtown Louisville, the University of Louisville, major medical centers, restaurants, and entertainment districts, making it highly desirable for renters seeking an urban lifestyle.
Investment Highlights - Fully occupied quadplex - Prime Highlands location - Long term ownership history - Shared laundry and outdoor common area - Close proximity to parks, employment hubs, and entertainment This is a turnkey income producing property in one of Louisville's most dynamic neighborhoods-an opportunity investors will not want to miss.
Key Features
- Built in 1900
- 0.11 acre lot
Property Details
Amenities
Monthly Cost Estimate
$2,300/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
817 Rubel Ave
Louisville, KY 40204
Property Details
Construction
Pool Features
Heating
Cooling
Questions & Answers
This 4-bedroom, 1-bathroom residential multi family at 817 Rubel Ave is listed at $430,000 ($172/sqft). The estimated monthly payment is $1,863 based on 20% down at 6.5% interest.
Key features include: Built in 1900, 0.11 acre lot.
This property is listed by Remire M Heinze and can be reached at 5026411816 or rheinze@bhhspw.com.
