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4342 Newport Rd

Louisville, KY 40218
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$430,000 $1,812/Mo
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Bed 8

Bed

Bath 4

Bath

SqFt3,430

Sqft

SqFt9,457

Sqft(Lot)

Great investment opportunity featuring four fully occupied 2 bedroom, 1 bath apartments with a solid rental history and dependable cash flow. Several long term tenants have called this property home for over seven years, providing excellent stability for investors. Each unit offers laundry hookups, with additional laundry hookups located in the basement and private storage areas in the basement that present potential for additional income. Major improvements completed in 2018 include the roof, HVAC systems, appliances, and pavement, helping reduce future maintenance expenses. Conveniently located within walking distance of GE, FedEX TARC bus lines, ALDI and other everyday amenities, making it an attractive location for tenants. Owner pays water, sewer, electric and trash pickup, tenants ar e responsible to pay electric and gas service. May be purchased together with 4920 Cawood Drive, just down the street, for an excellent portfolio opportunity.

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Detail Ic Property Details

Property Type : Residential Income

Price : $430,000

AD Id : 88092336

MLS Id : 1723408

Beds : 8

Lot Size : 9,457 Sqft

Living Area Size : 3,430

Year Built : 1972

County : Jefferson

Subdivision: Norfolk Estates

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total beds: 8

    Bathroom Information

    Total Baths: 4

    Room Information

    Has Basement: Yes

  • Roofing Information

    Asphalt

  • Interior Features

    Roof: Asphalt

  • Heating & Cooling

    Has Cooling: Yes Cooling: Central Air

  • Building Information

    Year Built: 1972 Building Area Total: 3430 Construction Materials: Brick Veneer Private Pool: No

  • Exterior Features

    Exterior Features: None

  • Lot Information

    Lot Dimensions: 59x135x57x136 Main Square Feet: 9457 Square Feet Lot Size Acres: 0.22 Lot Size Square Feet: 9457

    Property Information

    Subdivision: NORFOLK ESTATES Source Property Type: Residential Income MLS Area Minor: 06-Buchel/Hghvw/okolona/FernCreek Property SubType: Quadruplex Property Age: 54

  • Listing Price Information

    Listing Price: $430000 Original Price: $400000

  • Tax Information

    Parcel Number: 23201801680004 Tax Lot: 0168 Tax Block: 0004

  • Parking Information

    Parking Total: 4
    Homeowners Association Information
    Has Association: Yes HOA: $200.00

  • Utility Information

    Natural Gas Available, Electricity Connected

  • Location Information

    Direction: I-264 Exit South on Bardstown Rd Turn Right on Fegenbush Lane Turn Right on Newport Road WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
4920 Cawood Dr, Louisville, KY, 40218 $430,000 8 8 3,770 3,770 SqFt
2203 Gerald Ct, Louisville, KY, 40218 $399,000 8 4 3,688 3,688 SqFt

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by IDX Brokerage firms other than ByOwner are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 Metro Search, Inc. All Rights Reserved.

ByOwner last updated this listing 07/29/2026 @ 15:48

MLS: 1723408 LISTED BY: Terry Golladay, Schuler Bauer Real Estate Services ERA Powered 502-426-3600 SOURCE: Greater Louisville Association of REALTORS

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