1836 Algonquin Pkwy, Louisville, KY 40210 | MLS# 1667879

Description

Quadplex at 1836 Algonquin Pkwy – Investment Property

This quadplex offers a solid investment opportunity in Louisville, priced at $250,000. The property consists of three stabilized rental units and a fourth basement unit that has been framed out for potential future use.

Unit 1: 1 Bed / 1 Bath – Rented at $750/month
Unit 2: 2 Bed / 1 Bath – Rented at $850/month
Unit 3: 2 Bed / 1 Bath – Rented at $850/month
Basement Unit: Framed, not yet finished
The property currently generates $2,450 per month in rental income from the three occupied units. The framed basement unit provides an opportunity for additional income with further investment.

Located on Algonquin Pkwy, this quadplex is close to local amenities, parks, and transportation options. It’s a straightforward investment with current cash flow and potential for growth.