1429 Morton Ave
Louisville, KY 40204
3
Bed
2
Bath
2,252Sqft
3,284.42Sqft(Lot)
TURNKEY INVESTMENT OPPORTUNITY IN THE HEART OF THE HIGHLANDS! Beautifully remodeled duplex offering 2,252 square feet of updated living space in one of Louisville's most desirable neighborhoods! Priced at $469,900, this income-producing property generates $3,100 in monthly rental income ($37,200 annually), with reported annual operating expenses of just $6,350. That's an estimated Net Operating Income (NOI) of $30,850 and an attractive 6.57% CAP RATE! Extensively renovated and move-in ready, this duplex offers two separate residential units, making it an excellent opportunity for investors seeking immediate rental income or owner-occupants looking to live in one unit while generating income from the other. Located in the vibrant Highlands neighborhood, residents enjoy convenient access to
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 3Bathroom Information
Total Baths: 2Room Information
Has Basement: Yes -
Roofing Information
Shingle -
Interior Features
Roof: Shingle -
Heating & Cooling
Has Heating: Yes Heating: Forced Air, Natural Gas Has Cooling: Yes Cooling: Central Air
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Building Information
Year Built: 1900 Building Area Total: 2252 Construction Materials: Vinyl Siding, Frame Patio And Porch Features: Deck, Porch Private Pool: No
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Lot Information
Lot Dimensions: 32.5X100 Main Square Feet: 3284.42 Square Feet Lot Size Acres: 0.08 Lot Size Square Feet: 3284.42Property Information
Subdivision: NONE Source Property Type: Residential Income MLS Area Minor: 02-Butchertwn/Hghlnds/Germantwn Property SubType: Duplex Property Age: 126
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Listing Price Information
Listing Price: $469900
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Tax Information
Parcel Number: 09027A01230000 Tax Lot: 0123 Tax Block: 027A
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Parking Information
Parking Total: 1
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Utility Information
Natural Gas Available, Electricity Connected -
Location Information
Direction: Bardstown Rd to Baxter Ave; left onto Morton Ave; building is on the right WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2044 Midland Ave, Louisville, KY, 40204 | $450,000 | 4 | 4 | 3,000 | 4,800 Sq. Ft |
| 2217 Grinstead Dr, Louisville, KY, 40204 | $550,000 | 5 | 3 | 2,950 | 10,132.05 Sq. Ft |
| 1522 Rosewood Ave, Louisville, KY, 40204 | $545,200 | 5 | 3 | 3,032 | -- |
| 1079 Cherokee Rd, Louisville, KY, 40204 | $599,000 | 5 | 4 | 2,804 | 5,898 Sq. Ft |
| 1072 Baxter Ave, Louisville, KY, 40204 | $529,500 | -- | -- | 2,000 | 0.32 Acre |
| 920 Cherokee Rd, Louisville, KY, 40204 | $475,000 | 4 | 3 | 3,059 | 6,124.54 Sq. Ft |
| 1521 Morton Ave, Louisville, KY, 40204 | $400,000 | 4 | 2 | 1,978 | -- |
| 1313 Highland Ave, Louisville, KY, 40204 | $500,000 | -- | 2 | 2,860 | 4,151 Sq. Ft |
| 935 Samuel St, Louisville, KY, 40204 | $270,000 | 2 | 1 | 1,056 | 4,650 Sq. Ft |
| 938 Samuel St, Louisville, KY, 40204 | $195,000 | 2 | 2 | 1,020 | 4,125 Sq. Ft |
Similar Multifamily To 1429 Morton Ave
Nearby For Sale
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ByOwner last updated this listing 10/11/2026 @ 14:53
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