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About This Home

This 0-bedroom, 0-bathroom residential multi family at 916 Shelby Pkwy in Louisville, KY is listed for $390,000 ($145 per sqft). Built in 1948, the home offers 2,694 sqft of living space on a N/A lot.

Agent Description

Excellent investment opportunity in the Germantown area featuring two duplexes on one parcel with frontage on both Shelby Pkwy and Dandridge Ave. Property includes four total units: 916 Shelby Pkwy (Units A & B) and 917 Dandridge Ave (Units A & B), offering strong income potential and value-add upside.

916 Shelby Pkwy Unit A is a spacious 1BR/1BA with a loft area often used as a second bedroom. Unit includes in-unit washer and dryer. Currently rented at $1,015/month, well below market, with prior rents exceeding $1,300/month. 916 Shelby Pkwy Unit B is a 1BR/1BA unit and is currently vacant, providing immediate lease-up opportunity at market rent.

917 Dandridge Ave Unit A is a 2BR/1BA currently rented at $1,000/month, below market value. In-unit washer and dryer 917 Dandridge Ave Unit B is an efficiency-style 1BR/1BA unit and is currently vacant. In-unit washer and dryer Two vacant units allow for immediate income optimization. Strong upside through rent increases and potential improvements. Unique dual-street access enhances tenant appeal and leasing flexibility. Ideal for investors seeking cash flow with value-add potential.

Key Features

  • Built in 1948

Property Details

1948

Amenities

A/C

Monthly Cost Estimate

$2,086/mo

20% down · 6.5% · 30 years

Principal$282
Interest$1,690
Insurance$114

Estimates only. Actual payments may vary.

Location

916 Shelby Pkwy

Louisville, KY 40204

Property Details

Construction

Wood Frame Block Brick

Pool Features

Porch

Heating

Natural GasForced Air

Cooling

Central AirWindow Unit(s)Wall/Window Unit(s)

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 916 Shelby Pkwy is listed at $390,000 ($145/sqft). The estimated monthly payment is $1,690 based on 20% down at 6.5% interest.

Key features include: Built in 1948.

This property is listed by Shawn Owens and can be reached at 5026406890 or realtorshawnowens@gmail.com.

SO

Shawn Owens

Agent at Beck Realty Group

(502) 640-6890

Listed by Beck Realty Group · View on Broker Site

MLS# 1715574· Source: listhub· Updated 62 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.

916 Shelby Pkwy, Louisville, KY 40204

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