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724 S 38th St Louisville, KY $ 220,000
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$ 220,000 Get more info
724 S 38th St
$ 220,000
Back to search
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724 S 38th St

Louisville, KY, 40211
$ 220,000
Bedrooms4 Baths0.0 Sq 2,464

Monthly Estimate*

$ 1,373

724 S 38th St, Louisville, KY 40211 - Image 1

Multi-Family Home for sale in Louisville, KY

for $220,000 with 4 bedrooms. This 2,464 square foot home was built in 1925 on a lot size of 0.15.

Currently generating $2,500/month ($1,400 + $1,100), this brick duplex rental property in Louisville easily beats the 1% rule. Both units are well-sized, fully occupied, and in demand, offering immediate cash flow and long-term equity growth. The all-brick construction ensures easy maintenance and strong tenant appeal. Backed by Louisville's appreciation metrics—7.14% YTD increase in average sale price and nearly 20% annual growth in median sales price—this property is a strong performer in one of the nation's most resilient housing markets.

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Multi-Family Contingent

Price

$ 220,000

Bedrooms

4

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.15

Year Built

1925

Town/City

Louisville

County/Region

Jefferson

MLS | Web ID

1699736
Features
General
Heating Natural Gas
Utilities Electricity Connected Fuel:Natural
Roof Shingle
HOA Fee 0.0
Construction Materials Brick
Year Built 1925
Property Subtype Duplex
County Jefferson
Property Type Multi Family
HOA N
Subdivision Name NONE
Garage Y/N N
Status Active Under Contract
Directions I-264 to exit 2 toward Muhammad Ali Blvd onto W Muhammad Ali Blvd. Turn left onto S 34th St. Turn right onto W Broadway. Turn left onto S 38th St.
City Louisville
Number Of Units Total 2
MLS Area 01-Dtwn Old Louisville/Shively/West Lou
Lot Size Units Square Feet
Lot Size Square Feet 6534.0
Carport Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor 01-Dtwn Old Louisville/Shively/West Lou
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active Under Contract
Tax Lot 0082
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Exterior
Exterior Amenities None
Lot Features Sidewalk
Water Source Public
Lot Size Area 6534.0
Spa N
Building Area Total 2464.0
Lot Dimensions 0
Lot Size Acres 0.15
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Heating Y/N Y
Above Grade Finished Area 2464.0
Total Bedrooms 4
Below Grade Finished Area 0.0
Total Baths 0
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Internal Only
Street Number 1 724
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* Excluded Features
List By
Real Broker, Llc

Broker

denise@wsghomesandproperties.com

Email

Affordability Calculator

$1,373
Per Month
100%
0%
0%
Monthly Principal & Interest
$1,373
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
518801 Elementary School
518802 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/2/2025$220,000 Listed Price

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724 S 38th St, Louisville, KY, 40211 is a Multi-Family Home for sale at $220,000 with 2,464 sqft and a lot size of 0.15. 724 S 38th St has 4 bedrooms, 0.0 baths, and was built in 1925. The property's zip code is 40211 which is in Louisville, KY

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