1155 S 28th St
Louisville, KY, 40211 $ 799,000
Bedrooms15 Baths10.0 Sq 7,959 Monthly Estimate*
$ 5,045
for $799,000 with 15 bedrooms and 10 full baths. This 7,959 square foot home was built in 1900 on a lot size of 0.18.
Parkland 6-Plex - Prime Investment Opportunity in the Heart of Louisville's Urban Revitalization Don't miss this exceptional 6-unit multifamily property located in Louisville's historic Parkland neighborhood, one of the city's most active areas of revitalization and redevelopment. Positioned in the heart of Louisville, this property offers investors an outstanding opportunity to own a cash-flowing asset in a neighborhood experiencing significant public and private investment. The Parkland Neighborhood Plan envisions a vibrant, walkable community with restored commercial corridors, expanded housing options, improved public spaces, and continued economic development. This six-plex is ideally situated near the newly reopened Parkland Library, Parkland Medical Plaza, the historic business district, downtown Louisville, public transportation, The Norton Full Service hospital, The Goodwill Opportunity Campus, restaurants, shopping, and major employers. The neighborhood continues to benefit from infrastructure improvements and community-focused redevelopment, making it an attractive location for both residents and long-term investors. Whether you're looking to expand your rental portfolio, execute a value-add strategy, or invest in one of Louisville's emerging neighborhoods, this property offers strong potential in a market where demand for quality rental housing continues to grow. Investment Highlights: • Six-unit multifamily property with spacious three-bedroom apartments • Each apartment is individually metered for gas and electricity, allowing tenants to pay their own utilities while helping reduce owner operating expenses. • On-street parking is conveniently available directly in front of the building. • Located in Louisville's historic Parkland neighborhood • Minutes from Downtown Louisville • Quick access to the expressway for an easy commute throughout Louisville and Southern Indiana • Located on a TARC bus line, Kroger, shopping, dining, Norton Healthcare, and Goodwill employment centers • Positioned within an area of ongoing neighborhood revitalization and redevelopment • Excellent opportunity for cash flow and long-term appreciation This is your chance to invest in a turnkey multifamily in a neighborhood with a rich history, strong community support, and an exciting future. Schedule your private tour today.
See more
FeaturesGeneralHeating Forced Air Natural Gas
Cooling Wall/Window Unit(s)
Utilities Fuel:Natural
Roof Flat Rolled/Hot Mop
HOA Fee 0
Architectural Style Contemporary
Construction Materials Brick
Year Built 1900
Tenant Pays Cable TV Electricity Gas
Property Subtype Apartment
County Jefferson
Property Type Multi Family
HOA false
Subdivision Name NONE
Garage Y/N false
Status Active
Directions South on 28th Street at Virginia Ave
City Louisville
Number Of Units Total 6
MLS Area 01-Dtwn Old Louisville/Shively/West Lou
Lot Size Units Square Feet
Lot Size Square Feet 7928
MLS Area Minor 01-Dtwn Old Louisville/Shively/West Lou
Standard Status Active
Tax Lot 0057
See more
InteriorAir Conditioning Y/N true
Heating Y/N true
Above Grade Finished Area 7959
Total Bedrooms 15
Below Grade Finished Area 0
Total Baths 10
See more
ExteriorExterior Amenities None
Lot Features Corner Lot
Water Source Public
Lot Size Area 7928
Building Area Total 7959
Lot Dimensions 00 x 00
Lot Size Acres 0.18
See more
* Excluded FeaturesList Bysharon@sharongazawaybell.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $5,045
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyMulti-family listings in Louisville, KY
Average List Price $547,413
Percent of Sale Price 31%
About Louisville, KY 240,969 Population
-5% Since 2002
$ 37,029 Median Income
37.52 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
0 Elementary School
0 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/14/2026 | $799,000 | | Listed Price |