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1325 Hepburn Ave 3 Unit Apartment Building $449,000 ($149,667/Unit) Louisville, KY 40204
INVESTMENT HIGHLIGHTS
- Great Location, Desirable Neighborhood
- Each Unit Has Their Own Washer/Dryer Area.
- Off Street Parking for 2 cars
EXECUTIVE SUMMARY
Situated on charming Hepburn Avenue, known for its wide, tree-lined streets, this Highlands triplex is a rare find. Each unit is equipped with its own laundry space, offering convenience for tenants or owner-occupants. The property provides off-alley parking in the rear for two cars, with potential to expand or even add a garage. The first-floor unit opens with a bright living room featuring an arched window at the front of the home, and continues with two bedrooms, a full bath, and a kitchen that leads to the fully fenced backyard. On the second floor, you’ll find another two-bedroom, one-bath layout with an open-concept kitchen and living area set at the back of the house. The third-floor unit is a cozy retreat, complete with one bedroom, a full bath, and a kitchen that walks out to a private deck. All three units currently have tenants with leases. $1300, $1300 & $1000 Thoughtful updates made have further enhanced the property, making this a versatile and move-in-ready investment opportunity. There were 3 new HVAC units installed in 2025.
PROPERTY FACTS
| Price | $449,000 | Apartment Style | Single-Family Home |
| Price Per Unit | $149,667 | Lot Size | 0.13 AC |
| Sale Type | Investment | Building Size | 2,771 SF |
| No. Units | 3 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1900 |
| Zoning | R6-RESIDEN | ||
| Price | $449,000 |
| Price Per Unit | $149,667 |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Lot Size | 0.13 AC |
| Building Size | 2,771 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1900 |
| Zoning | R6-RESIDEN |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Eat-in Kitchen
- Kitchen
- Yard
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 5+3 | 3 | $1,150 | - |
1 1
Walk Score®
Very Walkable (88)
Bike Score®
Very Bikeable (78)
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1325 Hepburn Ave
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