Active

1314 Highland Ave

Louisville, KY 40204

$520,000 $2,192/Mo

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Overview

Bed

Bath

3,718

Sqft

8,600

Sqft(Lot)

Description

This 3,781-square-foot tri-plex, with 3 units - 5BR and 3BA, is positioned inside that demand base, with the scale and architectural character that attract and hold qualified tenants. The income structure is straightforward. Two 2BR / 1BA bath units and one 1BR / 1BA unit combine for five bedrooms and three baths across 3,781 square feet. Two units are currently occupied, delivering cash flow at closing. The third unit is currently owner occupied and represents immediate upside for an investor ready to bring it online at current market rents. Expense management is structurally favorable. Tenants pay their own electric. Landlord utility obligations are limited to water, gas, and common-area costs. The pet policy, up to two animals per unit with a monthly fee, brings supplemental income. Thr ee off-street parking spaces accessed from the rear alley address one of the most consistent pain points in urban Louisville rentals and meaningfully widen the qualified applicant pool. Retention-driving amenities are in place. First and second floor units have laundry hookups, a premium feature in this segment that narrows vacancy and narrows it further each lease cycle. A dedicated tenant storage area in the basement solves a friction point that competing units without it cannot. Window air conditioning units convey. Original hardwood floors and soaring ceilings throughout the building deliver a rental aesthetic that photographs well, attracts quality applicants, and produces a measurably different showing experience than a renovated box from the same era. The fenced rear yard and the building's Victorian presence on one of Louisville's most photographed residential streets combine to create a product that is genuinely difficult to replicate at any price point.

Property Details

Property Type : Residential Income

Price : $520,000

AD Id : 85015080

MLS Id : 1720634

Beds : 5

Lot Size : 8,600 Sqft

Living Area Size : 3,718

Year Built : 1900

County : Jefferson

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 5

Bathroom Information

Total Baths: 3
Roofing Information

Shingle
Interior Features

Roof: Shingle
Heating & Cooling

Has Heating: Yes Heating: Forced Air, Natural Gas Has Cooling: Yes Cooling: Wall/Window Unit(s)

Building Information

Year Built: 1900 Building Area Total: 3718 Construction Materials: Aluminum Siding Patio And Porch Features: Deck, Porch Private Pool: No
Exterior Features

Exterior Features: None

Lot Information

Lot Dimensions: 40 x 215 Main Square Feet: 8600 Square Feet Lot Size Acres: 0.2 Lot Size Square Feet: 8600

Property Information

Subdivision: NONE Source Property Type: Residential Income MLS Area Minor: 02-Butchertwn/Hghlnds/Germantwn Property SubType: Triplex Property Age: 126

Listing Price Information

Listing Price: $520000

Tax Information

Parcel Number: 09027B01040000 Tax Lot: 0104 Tax Block: 027B

Parking Information

Parking Total: 3

Utility Information

Natural Gas Available, Electricity Connected
Location Information

Direction: 1314 Highland Ave (40204) is located in the heart of Louisville's Original Highlands, just blocks from Bardstown Rd and Barrett Ave. From Bardstown Rd, the property will be on your left. From Barrett Ave, the property will be on your right. WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
2468 Grinstead Dr, Louisville, KY, 40204	$575,000	5	4	2,771	2,771 SqFt
1801 Rosewood Ave, Louisville, KY, 40204	$434,000	6	3	2,237	2,237 SqFt
1700 Rosewood Ave, Louisville, KY, 40204	$425,000	5	5	2,933	2,933 SqFt
1634 Lucia Ave, Louisville, KY, 40204	$430,000	5	2	2,330	2,330 SqFt
1079 Cherokee Rd, Louisville, KY, 40204	$698,000	5	4	2,804	2,804 SqFt
920 Cherokee Rd, Louisville, KY, 40204	$500,000	4	3	3,059	3,058.60 SqFt
1014 Schiller Ave, Louisville, KY, 40204	$380,000	5	3	2,311	2,311 SqFt
916 Shelby Pkwy, Louisville, KY, 40204	$390,000	--	--	2,694	2,694 SqFt
1103 Logan St, Louisville, KY, 40204	$350,000	3	3	1,751	1,751 SqFt
1110 Logan St, Louisville, KY, 40204	$949,000	--	--	3,432	3,432 SqFt

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ByOwner last updated this listing 06/17/2026 @ 06:16

MLS: 1720634 LISTED BY: Lesa Seibert, simpler.realestate 502-425-6000 SOURCE: Greater Louisville Association of REALTORS