1439 Thornberry Ave
Louisville, KY 40215
16
Bed
8
Bath
7,200Sqft
0.39Acre(Lot)
Turnkey 8-unit multifamily opportunity with all units vacant and rent ready—allowing investors to lease at current market rents from day one instead of inheriting under-market tenants. Property consists of eight 2BR/1BA units in a strong rental corridor with nearby rental comps supporting approximately $1000-$1,200+ monthly rents depending on finishes and strategy (aka it should surpass the 1% rule pretty easily). Ideal for investors seeking immediate lease-up potential, strong cash flow upside, and operational flexibility. Perfect value-add opportunity without heavy rehab needs. Great fit for buy-and-hold investors, BRRRR strategies, or portfolio expansion. Rare chance to stabilize an entire 8-unit building at today's market rates.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 16Bathroom Information
Total Baths: 8 -
Roofing Information
Shingle -
Interior Features
Roof: Shingle -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas Has Cooling: Yes Cooling: Central Air
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Building Information
Year Built: 1952 Building Area Total: 7200 Construction Materials: Brick, Frame Patio And Porch Features: Porch Private Pool: No -
Exterior Features
Exterior Features: None
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Lot Information
Lot Dimensions: 17079 Main Square Feet: 0.39 Square Feet Lot Size Square Feet: 0.39 Lot Description: Corner LotProperty Information
Subdivision: CHURCHILL Source Property Type: Residential Income MLS Area Minor: 01-Dtwn Old Louisville/Shively/West Lou Property SubType: Apartment Property Age: 74
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Listing Price Information
Listing Price: $585000 Original Price: $598000
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Tax Information
Parcel Number: 11063M00920000 Tax Lot: 0092 Tax Block: 063M
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Utility Information
Natural Gas Available, Electricity Connected -
Location Information
Direction: 264 West, Exit Right on Taylor Blvd, Left on Thornberry Ave, Building on Right. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 509 W Evelyn Ave, Louisville, KY, 40215 | $110,000 | 2 | 1 | 816 | 816 SqFt |
| 706 Camden Ave, Louisville, KY, 40215 | $155,000 | 2 | 1 | 1,022 | 1,022 SqFt |
| 4625 Southcrest Dr, Louisville, KY, 40215 | $355,000 | 3 | 2 | 2,184 | 2,184 SqFt |
| 4718 Bellevue Ave, Louisville, KY, 40215 | $195,000 | 2 | 1 | 1,197 | 1,197 SqFt |
| 905 Camden Ave, Louisville, KY, 40215 | $140,000 | 2 | 1 | 784 | 784 SqFt |
| 922 W Evelyn Ave, Louisville, KY, 40215 | $170,000 | 2 | 1 | 964 | 964 SqFt |
| 929 Beecher St, Louisville, KY, 40215 | $99,999 | 1 | 1 | 594 | 594 SqFt |
| 929 Denmark St, Louisville, KY, 40215 | $140,000 | 2 | 1 | 976 | 976 SqFt |
| 936 Brentwood Ave, Louisville, KY, 40215 | $110,000 | 2 | 1 | 814 | 814 SqFt |
| 1014 Lynnhurst Ave, Louisville, KY, 40215 | $180,000 | 3 | 1 | 1,109 | 1,109 SqFt |
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ByOwner last updated this listing 06/19/2026 @ 21:45
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