6614 Evangeline Ave, Louisville, KY 40214 | MLS# 1612395

$ 3,350,000
6614 Evangeline Ave, Louisville, KY 40214, ,
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Overview

  • Updated On:
  • May 18, 2022
  • 49,231 ft2

This offering includes a portfolio of 15 duplexes, all concentrated within a few blocks of an established South Louisville neighborhood, plus four single family rental homes, for a total of 34 rental units. Significant upgrades have been made to most of the properties, including bathroom and kitchen remodels, new roofs, new mechanicals and new flooring.

The portfolio has been professionally managed, with new leases being put in place that demonstrate the potential to raise rents to market rate. Vacancies have been quick to fill, with quality tenants. Due to the nature of the assets, operating expenses are low.

The Louisville single-family and residential investment market is enjoying strong demand due to extraordinary rent growth, home value appreciation, low housing supply, and hi

Address: 6614 Evangeline Ave, Louisville, KY 40214
Area:
State/County:
Zip: 40214
Open In Google Maps
Property Id : 73533
Price: $ 3,350,000
Property Size: 49,231 ft2
Tax Lot: 0
Internet Consumer Comment YN: yes
Above Grade Finished Area: 49231
Building Area Source: Other
Internet Automated Valuation Display YN: yes
List Agent Key: 20210416152008197956000000
Roof: Shingle
Street Number Numeric: 6614
Construction Materials: Vinyl Siding
List Agent Full Name: Jenny Johnston
Internet Address Display YN: yes
On Market Date: 2022-05-17
Internet Entire Listing Display YN: yes
List Office Key: 20150507142002322473000000
List AgentLast Name: Johnston
Status Change Timestamp: 2022-05-17T22:52:38Z
List Agent First Name: Jenny
Major Change Type: New Listing
Listing Id: 1612395
Source System Name: Greater Louisville Association of REALTORS®
Source System Key: 20220517223622151103000000
Architectural Style: Traditional
State Or Province: KY
List Office Name: PRG Commercial Property Advisors
Originating System Key: 20220517223622151103000000
Photos Count: 11
Photos Change Timestamp: 2022-05-17T23:02:50Z
Building AreaTotal: 49231
Originating System Name: Greater Louisville Association of REALTORS®
Utilities: City Sewer
Original List Price: 3350000
Listing Contract Date: 2022-05-17
Street Suffix: Ave
Originating System ID: M00000290
Lot Size Dimensions: 0
Street Number: 6614
Street Name: Evangeline
Modification Timestamp: 2022-05-18T11:56:27Z
List Office Mls Id: 1672101
Mls Status: Active
Tax Block: 0
Source System ID: M00000290
Parcel Number: 0
List Agent Mls Id: 26529
Heating: Forced Air
Major Change Timestamp: 2022-05-17T22:52:38Z
Directions: I-65 S Follow I-65 S to Crittenden Dr. Take exit 132 from I-65 S Follow Crittenden Dr and E Woodlawn Ave to S 2nd St Follow Southside Dr to Evangeline Ave Turn left onto Evangeline Ave
Number Of Units Total: 2
MLS Area Major: 05-Auburndale/Fairdale/IroquoisPrk/Shively
MLS Area Minor: 05-Auburndale/Fairdale/IroquoisPrk/Shively
Other Features
Deck
Has Heating System
$ 12,988.61
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 12,988.61

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