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227 Ottawa Ave Louisville, KY $ 145,000
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$ 145,000 Get more info
227 Ottawa Ave
$ 145,000
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227 Ottawa Ave

Louisville, KY, 40209
$ 145,000
Bedrooms3 Baths2.0 Sq 1,359

Monthly Estimate*

$ 893

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Multi-Family Home for sale in Louisville, KY

for $145,000 with 3 bedrooms and 2 full baths. This 1,359 square foot home was built in 1900 on a lot size of 0.07.

FANTASTIC INVESTOR OPPORTUNITY- Value-Add Duplex at below market price! This duplex has strong upside potential! Unit 1 is 1-bedroom with laundry hook up, recently getting $950 per month but is now vacant. Unit 2 is 2-bedrooms, with a market rent of $1100 per month. Both units will need cosmetic updates. Pro Forma: $2000/month ($24,000/year). Increase NOI through light renovations and stabilize for strong cash flow or future refinance potential. Ideal for investors looking to force appreciation or house hackers wanting rental income to offset the mortgage. Opportunities at this price point in this area with built-in upside move quickly. Don't let this one pass you by!

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Multi-Family Active

Price

$ 145,000

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Traditional

Lot Size

0.07

Year Built

1900

Town/City

Louisville

County/Region

Jefferson

MLS | Web ID

1713600
Features
General
Heating Forced Air Natural Gas
Cooling Wall/Window Unit(s)
Utilities Electricity Connected Fuel:Natural
Roof Shingle
HOA Fee 0
Architectural Style Traditional
Construction Materials Vinyl Siding Aluminum Siding
Year Built 1900
Property Subtype Duplex
County Jefferson
Property Type Multi Family
HOA false
Subdivision Name HIGHLAND PARK
Garage Y/N false
Status Active
Directions 264 to 3rd street and then left on 3rd street. Take 1st left next to the on ramp and take a right on 1st street. Ottawa is the first street on the left. House is almost at the end on left.
City Louisville
Number Of Units Total 2
MLS Area 05-Auburndale/Fairdale/IroquoisPrk/Shively
Lot Size Units Square Feet
Lot Size Square Feet 3123
MLS Area Minor 05-Auburndale/Fairdale/IroquoisPrk/Shively
Standard Status Active
Tax Lot 0171
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Interior
Air Conditioning Y/N true
Heating Y/N true
Above Grade Finished Area 1359
Total Bedrooms 3
Below Grade Finished Area 0
Total Baths 2
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Exterior
Exterior Amenities None
Lot Features See Remarks
Water Source Public
Lot Size Area 3123
Building Area Total 1359
Lot Dimensions 25x125
Lot Size Acres 0.07
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* Excluded Features
List By
Totally About Houses

Broker

jason@totallyabouthouses.com

Email

Affordability Calculator

$893
Per Month
100%
0%
0%
Monthly Principal & Interest
$893
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% 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
0 Elementary School
0 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
4/7/2026$145,000 Listed Price

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227 Ottawa Ave, Louisville, KY, 40209 is a Multi-Family Home for sale at $145,000 with 1,359 sqft and a lot size of 0.07. 227 Ottawa Ave has 3 bedrooms, 2.0 baths, and was built in 1900. The property's zip code is 40209 which is in Louisville, KY

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