Active

1155 S 28th St

Louisville, KY 40211
Mark as Favorite
Bed 15

Bed

Bath 10

Bath

SqFt7,959

Sqft

SqFt7,928

Sqft(Lot)

Parkland 6-Plex - Prime Investment Opportunity in the Heart of Louisville's Urban Revitalization Don't miss this exceptional 6-unit multifamily property located in Louisville's historic Parkland neighborhood, one of the city's most active areas of revitalization and redevelopment. Positioned in the heart of Louisville, this property offers investors an outstanding opportunity to own a cash-flowing asset in a neighborhood experiencing significant public and private investment. The Parkland Neighborhood Plan envisions a vibrant, walkable community with restored commercial corridors, expanded housing options, improved public spaces, and continued economic development. This six-plex is ideally situated near the newly reopened Parkland Library, Parkland Medical Plaza, the historic business dis trict, downtown Louisville, public transportation, The Norton Full Service hospital, The Goodwill Opportunity Campus, restaurants, shopping, and major employers. The neighborhood continues to benefit from infrastructure improvements and community-focused redevelopment, making it an attractive location for both residents and long-term investors. Whether you're looking to expand your rental portfolio, execute a value-add strategy, or invest in one of Louisville's emerging neighborhoods, this property offers strong potential in a market where demand for quality rental housing continues to grow. Investment Highlights: • Six-unit multifamily property with spacious three-bedroom apartments • Each apartment is individually metered for gas and electricity, allowing tenants to pay their own utilities while helping reduce owner operating expenses. • On-street parking is conveniently available directly in front of the building. • Located in Louisville's historic Parkland neighborhood • Minutes from Downtown Louisville • Quick access to the expressway for an easy commute throughout Louisville and Southern Indiana • Located on a TARC bus line, Kroger, shopping, dining, Norton Healthcare, and Goodwill employment centers • Positioned within an area of ongoing neighborhood revitalization and redevelopment • Excellent opportunity for cash flow and long-term appreciation This is your chance to invest in a turnkey multifamily in a neighborhood with a rich history, strong community support, and an exciting future. Schedule your private tour today.

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Detail Ic Property Details

Property Type : Residential Income

Price : $799,000

AD Id : 88023015

MLS Id : 1723199

Beds : 15

Lot Size : 7,928 Sqft

Living Area Size : 7,959

Year Built : 1900

County : Jefferson

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Feature Features

  • Bedroom Information

    Total beds: 15

    Bathroom Information

    Total Baths: 10

    Room Information

    Has Basement: Yes
  • Roofing Information

    Built-Up, Flat, Rolled/Hot Mop
  • Interior Features

    Roof: Built-Up, Flat, Rolled/Hot Mop
  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air, Natural Gas Has Cooling: Yes Cooling: Wall/Window Unit(s)

  • Building Information

    Year Built: 1900 Building Area Total: 7959 Construction Materials: Brick Patio And Porch Features: Porch Private Pool: No
  • Exterior Features

    Exterior Features: None

  • Lot Information

    Lot Dimensions: 00 x 00 Main Square Feet: 7928 Square Feet Lot Size Acres: 0.18 Lot Size Square Feet: 7928 Lot Description: Corner Lot

    Property Information

    Subdivision: NONE Source Property Type: Residential Income MLS Area Minor: 01-Dtwn Old Louisville/Shively/West Lou Property SubType: Apartment Property Age: 126

  • Listing Price Information

    Listing Price: $799000

  • Tax Information

    Parcel Number: 06046K00570000 Tax Lot: 0057 Tax Block: 046K

  • Utility Information

    Natural Gas Available
  • Location Information

    Direction: South on 28th Street at Virginia Ave WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2112 W Madison St, Louisville, KY, 40211 $130,000 3 1 1,434 1,434 SqFt
2226 Magazine St, Louisville, KY, 40211 $200,000 3 2 1,374 1,374 SqFt
2300 W Madison St, Louisville, KY, 40211 $90,000 2 1 880 880 SqFt
2324 Magazine St, Louisville, KY, 40211 $149,900 4 2 1,542 1,542 SqFt
2337 Magazine St, Louisville, KY, 40211 $115,000 2 1 1,270 1,270 SqFt
666 S 24th St, Louisville, KY, 40211 $50,000 2 1 905 905 SqFt
2421 W Chestnut St, Louisville, KY, 40211 $54,900 1 1 962 962 SqFt
870 S 25th St, Louisville, KY, 40211 $145,000 2 2 1,764 1,764 SqFt
2506 Howard St, Louisville, KY, 40211 $172,500 3 2 1,104 1,104 SqFt
634 S 26th St, Louisville, KY, 40211 $50,000 3 2 1,092 1,092 SqFt

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ByOwner last updated this listing 07/30/2026 @ 14:38

MLS: 1723199 LISTED BY: Sharon Gazaway-Bell, BellMan Realty LLC 502-561-4191 SOURCE: Greater Louisville Association of REALTORS

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