729 S 39th St Louisville, KY $ 240,000
729 S 39th St
$ 240,000
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729 S 39th St

Louisville, KY, 40211
$ 240,000
Bedrooms4 Baths2.0 Sq 3,217

Monthly Estimate*

$ 1,497

729 S 39th St, Louisville, KY 40211 - Image 1

Multi-Family Home for sale in Louisville, KY

for $240,000 with 4 bedrooms and 2 full baths. This 3,217 square foot home was built in 1935 on a lot size of 0.15.

This Louisville triplex for sale offers a strong value-add investment opportunity with one vacant unit ready to be leased. Current income is $1,700/month ($500 + $1,200 + vacant), with pro forma rents significantly higher once stabilized-easily beating the 1% rule. Investors can immediately boost returns by filling the vacancy and capturing upside potential. Louisville's multifamily market has shown double-digit appreciation with a 19.47% increase in median sales price year-over-year, proving the strength of this location. Whether you're expanding your portfolio or entering the market, this triplex investment property in Louisville, KY is positioned for cash flow and appreciation.

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Multi-Family Contingent

Price

$ 240,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.15

Year Built

1935

Town/City

Louisville

County/Region

Jefferson

MLS | Web ID

1699740

Features
General
Heating Forced Air Natural Gas
Cooling Central Air
Utilities Electricity Connected Fuel:Natural
Roof Composition Shingle
HOA Fee 0.0
Construction Materials Brick
Year Built 1935
Property Subtype Triplex
County Jefferson
Property Type Multi Family
HOA N
Subdivision Name DOERHOEFERS
Garage Y/N N
Status Active Under Contract
Directions I-264 toTake 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 39th St.
City Louisville
Number Of Units Total 3
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 0062
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Exterior
Exterior Amenities None
Lot Features Sidewalk
Water Source Public
Lot Size Area 6534.0
Spa N
Building Area Total 2340.0
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
Air Conditioning Y/N Y
Heating Y/N Y
Above Grade Finished Area 2340.0
Total Bedrooms 5
Below Grade Finished Area 877.0
Total Baths 2
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Internal Only
Street Number 1 729
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* Excluded Features
List By
Real Broker, Llc

Broker

denise@wsghomesandproperties.com

Email

Affordability Calculator

$1,497
Per Month
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Monthly Principal & Interest
$1,497
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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
Pricing History
DatePricePrice ChangeDescription
10/2/2025$240,000 Listed Price

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729 S 39th St, Louisville, KY, 40211 is a Multi-Family Home for sale at $240,000 with 3,217 sqft and a lot size of 0.15. 729 S 39th St has 4 bedrooms, 2.0 baths, and was built in 1935. The property's zip code is 40211 which is in Louisville, KY