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 |
|---|---|---|---|---|---|
| 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 |
| 2318 Garland Ave, Louisville, KY, 40211 | $145,000 | 3 | 2 | 1,504 | 1,504 SqFt |
| 2421 W Chestnut St, Louisville, KY, 40211 | $54,900 | 1 | 1 | 962 | 962 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 08/11/2026 @ 05:22
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