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601 Revolutionary Rd
Louisville, KY 40214
Yorktown · Multifamily Property For Sale
·
32 Units
Executive Summary
This offering includes 601 Revolutionary Road and 7602 Garrison Road
This well-positioned 32-unit multifamily property is located in a mature, stable South Louisville neighborhood, offering both immediate income and long-term upside.
The investment includes two apartment buildings, featuring extensive renovations in most apartments, a new roof on one building and an upgraded parking lot. Each of the spacious 1-bedroom, 1-bathroom units is individually metered for gas and electric, providing efficient utility management. On-site laundry facilities add convenience for residents.
Ideally situated adjacent to a large industrial park and near major employment centers, this property caters perfectly to the workforce housing segment — a consistently strong performer in the Louisville market. The community also borders a quiet single-family neighborhood, offering tenants a comfortable residential environment. With steady demand for workforce housing and continued rent growth across the market, investors can expect high occupancy and reliable cash flow.
Deal Room:
https://connect.prgproperty.com/deal-room/336?signature=a585468e3dfc895c09d5549823c07e8dfe1f88ce1d259dbb3a712b3e706aef8d
This well-positioned 32-unit multifamily property is located in a mature, stable South Louisville neighborhood, offering both immediate income and long-term upside.
The investment includes two apartment buildings, featuring extensive renovations in most apartments, a new roof on one building and an upgraded parking lot. Each of the spacious 1-bedroom, 1-bathroom units is individually metered for gas and electric, providing efficient utility management. On-site laundry facilities add convenience for residents.
Ideally situated adjacent to a large industrial park and near major employment centers, this property caters perfectly to the workforce housing segment — a consistently strong performer in the Louisville market. The community also borders a quiet single-family neighborhood, offering tenants a comfortable residential environment. With steady demand for workforce housing and continued rent growth across the market, investors can expect high occupancy and reliable cash flow.
Deal Room:
https://connect.prgproperty.com/deal-room/336?signature=a585468e3dfc895c09d5549823c07e8dfe1f88ce1d259dbb3a712b3e706aef8d
Property Facts
| Price Per Unit | $78,125 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.70 AC |
| No. Units | 32 | Building Size | 14,304 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1970 |
| Apartment Style | Low-Rise | Parking Ratio | 1.75/1,000 SF |
| Zoning | R7 - Residential Multi-Family | ||
| Price Per Unit | $78,125 |
| Sale Type | Investment |
| No. Units | 32 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.70 AC |
| Building Size | 14,304 SF |
| No. Stories | 2 |
| Year Built | 1970 |
| Parking Ratio | 1.75/1,000 SF |
| Zoning | R7 - Residential Multi-Family |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Kitchen
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 32 | - | 841 |
Property Taxes
| Parcel Number | 139303110000 | Improvements Assessment | $871,310 |
| Land Assessment | $160,000 | Total Assessment | $1,031,310 |
Property Taxes
Parcel Number
139303110000
Land Assessment
$160,000
Improvements Assessment
$871,310
Total Assessment
$1,031,310
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