3409 Shanks Ln, Louisville, KY 40216 | MLS# 1701313

$ 550,000
3409 Shanks Ln, Louisville, KY 40216,
Active

Overview

  • Updated On:
  • October 22, 2025
  • 12 Bedrooms
  • 6 Bathrooms
  • 5,180 ft2

Description

Excellent Multi-Family Investment Opportunity in 40216! Discover this solid six-unit brick building just off Cane Run Road, offering dependable rental income and a well-maintained layout. Each unit is fully updated and features 2 bedrooms, 1 full bath, a living room, dining area, and eat-in kitchen—designed for comfortable tenant living. Inside, residents enjoy modern gray walls, medium-tone LVP flooring, and white shaker-style cabinets for an updated look. The property includes separate furnaces and water heaters for each unit, plus six dedicated parking spaces. Tenants currently pay sewer and water, while the owner covers electricity and gas. This property presents an excellent opportunity for investors seeking a stable, income-producing six-plex in a convenient Louisville location.

Address: 3409 Shanks Ln, Louisville, KY 40216
State/County:
Zip: 40216
Country: United States
Open In Google Maps
Property Id : 4317219
Price: $ 550,000
Property Size: 5,180 ft2
Property Lot Size: 0 ft2
Bedrooms: 12
Bathrooms: 6
InternetConsumerCommentYN: 1
TaxLot: 0085
AboveGradeFinishedArea: 3430
BuildingAreaSource: Other
InternetAutomatedValuationDisplayYN: 1
BelowGradeFinishedArea: 1750
StreetNumberNumeric: 3409
Roof: Shingle
ConstructionMaterials: Brick
ListAgentFullName: Jay Arora
InternetAddressDisplayYN: 1
ListAgentMobilePhone: 502-619-3739
OnMarketDate: 2025-10-20
InternetEntireListingDisplayYN: 1
ListOfficeKey: 20250616152013203064000000
ListAgentLastName: Arora
StatusChangeTimestamp: October 20, 2025 at 08:04pm
ListAgentFirstName: Jay
MajorChangeType: New Listing
LotSizeUnits: Square Feet
DocumentsCount: 0
LotSizeSquareFeet: 9147.6
ListingId: 1701313
YearBuilt: 1969
SourceSystemName: APEX MLS (Greater Louisville Association of REALTORS®)
SourceSystemKey: 20251016172513990691000000
ArchitecturalStyle: Other
StateOrProvince: KY
ListOfficeName: 85W Real Estate
OriginatingSystemKey: 20251016172513990691000000
VideosCount: 0
PhotosCount: 41
PhotosChangeTimestamp: October 20, 2025 at 08:04pm
BuildingAreaTotal: 3430
OriginatingSystemName: APEX MLS (Greater Louisville Association of REALTORS®)
Utilities: Electricity Connected, Fuel:Natural
OriginalListPrice: 550000
Sewer: Public Sewer
ListingContractDate: 2025-10-20
StreetSuffix: Ln
OriginatingSystemID: M00000290
LotSizeDimensions: 0x0
StreetNumber: 3409
StreetName: Shanks
ListAgentEmail: jay@migmove.com
ModificationTimestamp: October 22, 2025 at 05:24pm
ListOfficeMlsId: 1921802
MlsStatus: Active
TaxBlock: 1398
LotSizeArea: 9147.6
SourceSystemID: M00000290
ParcelNumber: 0
ListAgentMlsId: 30051
AssociationFee: 0
DocumentsChangeTimestamp: 2025-10-20T20:04:39Z
MajorChangeTimestamp: October 20, 2025 at 08:04pm
Directions: I-264 to Cane Run Road to Shanks Ln. Home on the right.
NumberOfUnitsTotal: 6
MLSAreaMajor: 04-Pleasure Rdg/Valley Station/Shively
MLSAreaMinor: 04-Pleasure Rdg/Valley Station/Shively
WaterSource: Public
Other Features
None
$ 2,819.96
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 2,132.46
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