3610 Del Park Terrace
Louisville, KY 40211
16
Bed
14
Bath
9,824Sqft
0.15Acre(Lot)
Value-add 14-unit multifamily investment opportunity in West Louisville. The property consists entirely of 1-bedroom, 1-bath units, with 12 units approximately 550+ SF and 2 units approximately 800+ SF. Currently generating ~$8,000/month in gross income with four vacancies, including two recently renovated units now in lease-up, offering immediate upside through stabilization and rent normalization. Market rents are $800+ for market tenants (tenant-paid gas and electric) and $950+ for Section 8 (gross). Each unit is individually metered for LG&E, with water/sewer common. Recent ownership upgrades help reduce near-term CAPEX. Convenient location with quick access to I-264 and major Louisville corridors, positioned in an area seeing continued community investment and redevelopment.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 16Bathroom Information
Total Baths: 14Room Information
Has Basement: Yes -
Roofing Information
Asphalt -
Interior Features
Roof: Asphalt -
Heating & Cooling
Has Heating: Yes Heating: Radiant, Other Has Cooling: Yes Cooling: Central Air, Wall/Window Unit(s)
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Building Information
Year Built: 1929 Building Area Total: 9824 Construction Materials: Brick Veneer Private Pool: No -
Exterior Features
Exterior Features: None
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Lot Information
Lot Dimensions: .15 Main Square Feet: 0.15 Square Feet Lot Size Square Feet: 0.15Property Information
Subdivision: LINDELL Source Property Type: Residential Income MLS Area Minor: 01-Dtwn Old Louisville/Shively/West Lou Property SubType: Quadruplex Property Age: 97
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Listing Price Information
Listing Price: $980000
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Tax Information
Parcel Number: 01006G00370000 Tax Lot: 0037 Tax Block: 006G
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Utility Information
Electricity Connected, Other -
Location Information
Direction: From Downtown Louisville, take W Broadway west, turn right on Lindell Ave, then right on Del Park Terrace. Property will be on the right at 3610 Del Park Terrace. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2324 Magazine St, Louisville, KY, 40211 | $154,999 | 4 | 2 | 1,542 | 1,542 SqFt |
| 2519 Magazine St, Louisville, KY, 40211 | $89,900 | 4 | 2 | 1,640 | 1,640 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 |
| 1052 S 26th St, Louisville, KY, 40211 | $184,900 | 3 | 2 | 1,762 | 1,762 SqFt |
| 2616 Hale Ave, Louisville, KY, 40211 | $55,000 | 4 | 1 | 1,175 | 1,175 SqFt |
| 2707 W Madison St, Louisville, KY, 40211 | $144,500 | 3 | 2 | 1,332 | 1,332 SqFt |
| 2621 Virginia Ave, Louisville, KY, 40211 | $420,000 | 12 | 6 | 5,500 | 5,500 SqFt |
| 2710 Elliott Ave, Louisville, KY, 40211 | $117,562 | 2 | 1 | 1,275 | 1,275 SqFt |
| 2730 Chase Ct, Louisville, KY, 40211 | $95,000 | 2 | 1 | 810 | 810 SqFt |
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ByOwner last updated this listing 06/21/2026 @ 18:27
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