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2307 W Chestnut St

Louisville, KY

$855,000

28 Beds 12 Baths

Scoop up this Fully Leased, 10-Unit Residential Portfolio that exceeds the 1% Rule. Attractively priced at $85,500/unit this package includes 8 SFHs, 1 Duplex and a Vacant Lot, this value-add investment opportunity comes with mostly long-term, M2M tenants at below-market rental rates that provides another investor a strong basis to incrementally increase rents.

This reasonable entry-point provides a solid foundation with stable returns to build upon, regardless if you're a seasoned investor or just entering the market. Don't miss out on this rare chance to acquire a fully rented, income-producing asset in a growing market. The 10 doors generate ~$9,000/month:

6216 Hackberry Way: $1,175/mo - tenant M2M since 2008 (3 Bed, 1 Bath, 925 sqft w/ newer roof, cabinets, flooring)

Status: Active
MLS #: 1687905
Type: Apartment
Sq. Feet: 11,866
On Site: 1890
Agent Office: RE/MAX Premier Properties
Agent Name: Sean S Williams
Agent Email: sean@buysellky.com

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Architecture

Bedrooms: 28
Bathrooms: 12
Year Built: 1890
Stories: ********
Style: Other
Roof: Shingle
Exterior: See Remarks
Climate control: Electric, Forced Air, Natural Gas (Heating); Central Air, Wall/Window Unit(s) (Cooling)
Utilities: Electricity Connected, Fuel:Natural
Fence: ********

Nearby Schools

Information deemed reliable but not guaranteed. All measurements are approximate. Last updated: Tuesday, 27 May 2025

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