1909 San Jose Ave
Louisville, KY 40216
12
Bed
12
Bath
6,048Sqft
Strong Performing 12-Unit Investment Opportunity on Corner Lot! This well-maintained 12-plex sits on a desirable corner lot with ample off-street parking, making it highly attractive to tenants. The property has seen numerous updates, including the addition of a coin-operated laundry facility in the basement—providing both tenant convenience and an additional income stream. The current rent roll is $9,050/month, with scheduled increases bringing it to $9,400/month as of June 1, 2026. Over the past two years, ownership has successfully increased rents from $6,575 to current levels, demonstrating proven upside and continued value-add potential. Operating at a solid 7.8% cap rate, this asset offers strong cash flow with room for further growth. Operating at a solid 7.8% cap rate, this asset o
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 12Bathroom Information
Total Baths: 12Room Information
Has Basement: Yes -
Roofing Information
Shingle -
Interior Features
Roof: Shingle -
Heating & Cooling
Has Heating: Yes Heating: Other Has Cooling: Yes Cooling: Wall/Window Unit(s)
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Building Information
Year Built: 1963 Building Area Total: 6048 Construction Materials: Brick Private Pool: No -
Exterior Features
Exterior Features: None
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Lot Information
Lot Dimensions: 152X160 Lot Description: Corner LotProperty Information
Subdivision: ROGGENKAMP PLACE Source Property Type: Residential Income MLS Area Minor: 04-Pleasure Rdg/Valley Station/Shively Property SubType: Apartment Property Age: 63
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Listing Price Information
Listing Price: $950000
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Tax Information
Parcel Number: 109300230000 Tax Lot: 0023 Tax Block: 1093
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Parking Information
Parking Total: 20
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Utility Information
Electricity Connected -
Location Information
Direction: I264 Watterson Expwy to Dixie Hwy then turn right onto San Jose Ave WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| Sanders Ln, Louisville, KY, 40216 | $30,000 | -- | -- | -- | |
| 1721 Model Rd, Louisville, KY, 40216 | $179,999 | 3 | 2 | 1,718 | 1,718 SqFt |
| 720 Gagel Ave, Louisville, KY, 40216 | $170,000 | 1 | 1 | 630 | 630 SqFt |
| 1316 Joni Dr, Louisville, KY, 40216 | $279,000 | 3 | 3 | 2,459 | 2,459 SqFt |
| 1324 Lance Dr, Louisville, KY, 40216 | $250,000 | 2 | 2 | 1,674 | 1,674 SqFt |
| 1719 Nobel Pl, Louisville, KY, 40216 | $195,000 | 3 | 2 | 1,220 | 1,220 SqFt |
| 2296 Ralph Ave, Louisville, KY, 40216 | $199,900 | 3 | 2 | 1,566 | 1,566 SqFt |
| 3639 Robin Dr, Louisville, KY, 40216 | $319,900 | 4 | 3 | 3,182 | 3,182 SqFt |
| 4308 Sadie Ln, Louisville, KY, 40216 | $350,000 | 5 | 4 | 2,907 | 2,907 SqFt |
| 4201 Dixie Hwy, Louisville, KY, 40216 | $300,000 | -- | -- | 23,876 | 23,876 SqFt |
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ByOwner last updated this listing 06/22/2026 @ 10:11
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