3409 Shanks Ln Louisville, KY $ 550,000
3409 Shanks Ln
$ 550,000
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3409 Shanks Ln

Louisville, KY, 40216
$ 550,000
Bedrooms12 Baths6.0 Sq 5,180

Monthly Estimate*

$ 3,431

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Multi-Family Home for sale in Louisville, KY

for $550,000 with 12 bedrooms and 6 full baths. This 5,180 square foot home was built in 1969 on a lot size of 0.21.

Excellent Multi-Family Investment Opportunity in 40216! Discover this solid six-unit brick building just off Cane Run Road, offering dependable rental income and a well-maintained layout. Each unit is fully updated and features 2 bedrooms, 1 full bath, a living room, dining area, and eat-in kitchen—designed for comfortable tenant living. Inside, residents enjoy modern gray walls, medium-tone LVP flooring, and white shaker-style cabinets for an updated look. The property includes separate furnaces and water heaters for each unit, plus six dedicated parking spaces. Tenants currently pay sewer and water, while the owner covers electricity and gas. This property presents an excellent opportunity for investors seeking a stable, income-producing six-plex in a convenient Louisville location.

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Multi-Family Active

Price

$ 550,000

Bedrooms

12

Full Bath

6

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.21

Year Built

1969

Town/City

Louisville

County/Region

Jefferson

MLS | Web ID

1701313

Features
General
Utilities Electricity Connected Fuel:Natural
Roof Shingle
HOA Fee 0.0
Architectural Style Other
Construction Materials Brick
Year Built 1969
Tenant Pays Electricity Gas
Property Subtype Apartment
County Jefferson
Property Type Multi Family
HOA N
Subdivision Name NONE
Garage Y/N N
Status Active
Directions I-264 to Cane Run Road to Shanks Ln. Home on the right.
City Louisville
Number Of Units Total 6
MLS Area 04-Pleasure Rdg/Valley Station/Shively
Lot Size Units Square Feet
Lot Size Square Feet 9147.6
Carport Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor 04-Pleasure Rdg/Valley Station/Shively
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Lot 0085
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Exterior
Exterior Amenities None
Water Source Public
Lot Size Area 9147.6
Spa N
Building Area Total 3430.0
Lot Size Acres 0.21
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Above Grade Finished Area 3430.0
Total Bedrooms 12
Below Grade Finished Area 1750.0
Total Baths 6
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Internal Only
Street Number 1 3409
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* Excluded Features
List By
85W Real Estate

Broker

Jay@85wrealestate.com

Email

Affordability Calculator

$3,431
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,431
Monthly Property Taxes
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Monthly Home Insurance
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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
10/20/2025$550,000 Listed Price

Map


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3409 Shanks Ln, Louisville, KY, 40216 is a Multi-Family Home for sale at $550,000 with 5,180 sqft and a lot size of 0.21. 3409 Shanks Ln has 12 bedrooms, 6.0 baths, and was built in 1969. The property's zip code is 40216 which is in Louisville, KY