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2512 Portland Ave 9 Unit Apartment Building $1,900,000 ($211,111/Unit) Louisville, KY 40212



INVESTMENT HIGHLIGHTS
- Fully Leased
- Quality Leases
- New Construction
EXECUTIVE SUMMARY
Investment Highlights
Fully leased mixed-use property with residential and commercial units
New construction – all units, systems, and finishes are brand new
Immediate cash flow with stabilized occupancy
Low maintenance asset with minimal near-term CapEx
Diversified income stream from residential and commercial tenants
Located in an active urban corridor with continued neighborhood growth
This is a rare opportunity to acquire a newly built, fully stabilized mixed-use asset in Louisville. The property is 100% occupied, providing investors with day-one income and reduced lease-up risk. Designed for modern tenants, the building features efficient layouts and contemporary systems throughout.
With all major components new, this asset offers long-term durability and operational efficiency, making it ideal for investors seeking a hands-off, turnkey acquisition. The combination of residential and commercial tenancy supports consistent performance and long-term demand.
Fully leased mixed-use property with residential and commercial units
New construction – all units, systems, and finishes are brand new
Immediate cash flow with stabilized occupancy
Low maintenance asset with minimal near-term CapEx
Diversified income stream from residential and commercial tenants
Located in an active urban corridor with continued neighborhood growth
This is a rare opportunity to acquire a newly built, fully stabilized mixed-use asset in Louisville. The property is 100% occupied, providing investors with day-one income and reduced lease-up risk. Designed for modern tenants, the building features efficient layouts and contemporary systems throughout.
With all major components new, this asset offers long-term durability and operational efficiency, making it ideal for investors seeking a hands-off, turnkey acquisition. The combination of residential and commercial tenancy supports consistent performance and long-term demand.
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Air Conditioning
1 1
Walk Score®
Very Walkable (75)
PROPERTY TAXES
| Parcel Number | 004C00860000 | Improvements Assessment | $1,030,190 (2025) |
| Land Assessment | $130,000 (2025) | Total Assessment | $1,160,190 (2025) |
PROPERTY TAXES
Parcel Number
004C00860000
Land Assessment
$130,000 (2025)
Improvements Assessment
$1,030,190 (2025)
Total Assessment
$1,160,190 (2025)
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2512 Portland Ave
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