Overview
- Updated On:
- October 10, 2025
- 5 Bedrooms
- 2 Bathrooms
- 3,217 ft2
Description
This Louisville triplex for sale offers a strong value-add investment opportunity with one vacant unit ready to be leased. Current income is $1,700/month ($500 + $1,200 + vacant), with pro forma rents significantly higher once stabilized-easily beating the 1% rule. Investors can immediately boost returns by filling the vacancy and capturing upside potential. Louisville’s multifamily market has shown double-digit appreciation with a 19.47% increase in median sales price year-over-year, proving the strength of this location. Whether you’re expanding your portfolio or entering the market, this triplex investment property in Louisville, KY is positioned for cash flow and appreciation.
Address: 729 S 39th St, Louisville, KY 40211
City: Louisville
State/County: Jefferson
Zip: 40211
Country: United States
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Property Id : 4265239
Price: $ 240,000
Property Size: 3,217 ft2
Property Lot Size: 0 ft2
Bedrooms: 5
Bathrooms: 2
TaxLot: 0062
AboveGradeFinishedArea: 2340
BuildingAreaSource: Other
InternetAutomatedValuationDisplayYN: 1
BelowGradeFinishedArea: 877
StreetNumberNumeric: 729
Roof: Composition, Shingle
ConstructionMaterials: Brick
ListAgentFullName: WSG Homes
InternetAddressDisplayYN: 1
CoListAgentKey: 20160715152003073773000000
ListAgentMobilePhone: 502-264-1908
OnMarketDate: 2025-10-02
InternetEntireListingDisplayYN: 1
ListOfficeKey: 20211209152010374477000000
CoListAgentFullName: Drew Wisdom
Cooling: Central Air
ListAgentFirstName: WSG Homes
MajorChangeType: New Listing
LotSizeUnits: Square Feet
DocumentsCount: 2
PatioAndPorchFeatures: Porch
LotSizeSquareFeet: 6534
ListingId: 1699740
CoListAgentFirstName: Drew
YearBuilt: 1935
SourceSystemName: APEX MLS (Greater Louisville Association of REALTORS®)
SourceSystemKey: 20250930204317369522000000
StateOrProvince: KY
CoListAgentLastName: Wisdom
ListOfficeName: Real Broker, LLC
LotFeatures: Sidewalk
OriginatingSystemKey: 20250930204317369522000000
VideosCount: 0
PhotosCount: 1
CoListAgentMlsId: 24415
BuildingAreaTotal: 2340
OriginatingSystemName: APEX MLS (Greater Louisville Association of REALTORS®)
Utilities: Electricity Connected, Fuel:Natural
OriginalListPrice: 240000
Sewer: Public Sewer
ListingContractDate: 2025-10-02
StreetSuffix: St
OriginatingSystemID: M00000290
LotSizeDimensions: 0
StreetNumber: 729
StreetName: 39th
ListAgentEmail: denise@wsghomesandproperties.com
ListOfficeMlsId: 2281901
MlsStatus: Active Under Contract
TaxBlock: 043C
LotSizeArea: 6534
SourceSystemID: M00000290
ParcelNumber: 043E00620000
ListAgentMlsId: wsgteam
AssociationFee: 0
Heating: Forced Air, Natural Gas
StreetDirPrefix: S
Directions: I-264 toTake exit 2 toward Muhammad Ali Blvd onto W Muhammad Ali Blvd. Turn left onto S 34th St.Turn right onto W Broadway. Turn left onto S 39th St.
NumberOfUnitsTotal: 3
MLSAreaMajor: 01-Dtwn Old Louisville/Shively/West Lou
MLSAreaMinor: 01-Dtwn Old Louisville/Shively/West Lou
WaterSource: Public
Other Features
Has Cooling System
Has Heating System
None
$ 1,230.53
per month- Principal and Interest
- Property Tax
- HOA fee
$ 930.53
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