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1836 Algonquin Pkwy

Louisville, KY 40210
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Bed 4

Bed

Bath 1

Bath

SqFt3,767

Sqft

Excellent opportunity to own an income-producing multi-unit property with immediate cash flow and future upside. Two of the three units are currently leased, providing rental income from day one, while the third unit is vacant and ready for an owner-occupant or new tenant. Live in one unit while tenants help offset your mortgage, or lease the vacant unit for additional income. The property has been well improved and offers an additional value-add opportunity in the unfinished basement, where much of the groundwork has already been completed for a potential fourth unit, including a separate entrance (subject to approvals and permitting). With two income-producing units, one vacant unit, and future expansion potential, this is an ideal opportunity for both cash flow and long-term upside Exce llent opportunity to own an income-producing multi-unit property with immediate cash flow and future upside. Two of the three units are currently leased, providing rental income from day one, while the third unit is vacant and ready for an owner-occupant or new tenant. Live in one unit while tenants help offset your mortgage, or lease the vacant unit for additional income. The property has been well improved and offers an additional value-add opportunity in the unfinished basement, where much of the groundwork has already been completed for a potential fourth unit, including a separate entrance (subject to approvals and permitting). With two income-producing units, one vacant unit, and future expansion potential, this is an ideal opportunity for both investors and owner-occupants seeking cash flow and long-term upside.

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Detail Ic Property Details

Property Type : Residential Income

Price : $230,000

AD Id : 77994610

MLS Id : 1716326

Beds : 4

Living Area Size : 3,767

Year Built : 1940

County : Jefferson

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Map

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Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Total Baths: 1
  • Roofing Information

    Shingle
  • Interior Features

    Roof: Shingle

  • Building Information

    Year Built: 1940 Building Area Total: 2279 Construction Materials: Brick, Frame Patio And Porch Features: Porch Private Pool: No
  • Exterior Features

    Exterior Features: Balcony

  • Lot Information

    Lot Dimensions: -

    Property Information

    Subdivision: NONE Source Property Type: Residential Income MLS Area Minor: 01-Dtwn Old Louisville/Shively/West Lou Property SubType: Quadruplex Property Age: 86

  • Listing Price Information

    Listing Price: $230000

  • Tax Information

    Parcel Number: 07279500090000 Tax Lot: 57 Tax Block: 12583

  • Parking Information

    Parking Total: 6

  • Utility Information

    Electricity Connected
  • Location Information

    Direction: Dixie Hwy to Algonquin Pkwy west to property WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1301 Baldwin St, Louisville, KY, 40210 $450,000 15 6 5,520 5,520 SqFt
1700 Bolling Ave, Louisville, KY, 40210 $190,000 8 4 2,563 2,563 SqFt
1720 Gallagher St, Louisville, KY, 40210 $176,000 2 2 2,304 2,304 SqFt

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ByOwner last updated this listing 06/19/2026 @ 11:27

MLS: 1716326 LISTED BY: Quan Watts, Commitment Real Estate Group 502-792-2052 SOURCE: Greater Louisville Association of REALTORS

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