4203 Norene Ln
Louisville, KY 40219
8
Bed
4
Bath
3,395Sqft
0.26Acre(Lot)
Cash-flowing 4-plex generating approximately $4,800 per month, offering immediate in-place income in one of South Louisville's most reliable rental corridors. Fully leased and stabilized, this property presents a strong opportunity for investors seeking consistent cash flow with minimal upfront work. Each unit features 2 bedrooms and 1 bathroom with updated interiors, LVP flooring, washer and dryer hookups, and renovated kitchens and baths. Separate furnaces and central air systems for each unit allow for efficient operation and simplified long-term management. Positioned just off Preston Hwy near the Outer Loop with quick access to I-65, retail, and dining, this location continues to support strong tenant demand and stable occupancy. Well-maintained multi-family assets at this price poi
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 8Bathroom Information
Total Baths: 4 Full Baths: 4Room Information
Rooms Total: 8 Basement: None, Crawl Space -
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: 1961 Building Area Total: 3395 Construction Materials: Stone Veneer Stories: 2 Patio And Porch Features: Porch Private Pool: No
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Lot Information
Lot Dimensions: 0.2557 Main Square Feet: 0.26 Acres Lot Size Acres: 0.26 Lot Size Square Feet: 11138Property Information
Subdivision: NONE Source Property Type: Residential MLS Area Minor: 06-Buechel/Hghvw/okolona/FernCreek Property SubType: Single Family Residence Property Age: 65
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Listing Price Information
Listing Price: $458988
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Tax Information
Parcel Number: 23087000870079 Tax Lot: 0087 Tax Block: 0870
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Parking Information
Off Street
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Utility Information
Natural Gas Available, Electricity Connected -
Location Information
Direction: From Downtown Louisville, take I-65 South to the Outer Loop exit. Turn left onto Outer Loop, then right onto Preston Hwy. Continue south, then turn left onto Norene Ln. Property will be on your right. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 6200 Whispering Hills B.., Louisville, KY, 40219 | $339,000 | 3 | 2 | 2,080 | 0.31 Acre |
| 6215 Bay Pine Dr, Louisville, KY, 40219 | $304,500 | 3 | 2 | 1,508 | 0.22 Acre |
| 6107 Ledgerock Cove Pl, Louisville, KY, 40219 | $399,300 | 5 | 3 | 2,550 | 0.25 Acre |
| 6218 Applegate Ln, Louisville, KY, 40219 | $350,000 | 3 | 2 | 2,046 | 0.70 Acre |
| 6211 Lynnchester Dr, Louisville, KY, 40219 | $287,000 | 3 | 2 | 1,596 | 0.18 Acre |
| 6002 Ledgerock Cove Pl, Louisville, KY, 40219 | $460,000 | 4 | 4 | 2,913 | 0.26 Acre |
| 6018 Bay Pine Dr, Louisville, KY, 40219 | $259,900 | 3 | 3 | 1,823 | 0.28 Acre |
| 5810 Applegate Ln, Louisville, KY, 40219 | $410,000 | 4 | 3 | 2,321 | 0.39 Acre |
| 8105 Michael Ray Dr, Louisville, KY, 40219 | $549,000 | 4 | 3 | 2,790 | 1.10 Acres |
| 5900 Bluestone Rd, Louisville, KY, 40219 | $239,900 | 3 | 1 | 1,335 | 0.20 Acre |
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ByOwner last updated this listing 09/05/2026 @ 03:56
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