1352 S Preston St
Louisville, KY, 40208 $ 280,000
Bedrooms4 Baths2.0 Sq 2,014 Monthly Estimate*
$ 1,768
for $280,000 with 4 bedrooms and 2 full baths. This 2,014 square foot home was built in 1974 on a lot size of 0.07.
One property - multiple possibilities! Ease into homeownership by moving into the newly updated upstairs unit and using the downstairs tenant to help pay your mortgage. And it's a tenant who has been there for years, which minimizes your risk of tenant turnover and vacancy. Wanting to pick up an additional investment property? This property offers instant cash flow from the downstairs tenant that has been there for years, plus you can charge premium rent in the newly renovated upstairs unit. It's turnkey and ready to go right now. Maybe you are purchasing your first investment property. The current owners have invested over $29,000 in improvements just since 2022. That includes a New A/C and Furnace in 2023, a New Water Heater in 2022, New LVP Flooring, New Carpet in the Bedrooms, New Vanity, New Tub, New Tiled Shower, New Lighting, New Bathroom Flooring, New Toilet, New Refrigerator, New Range, and New Blinds all in 2026, plus a New Sewer Cleanout in 2025. That's over $29,000 that you save so you can benefit from instant cash flow without a major investment of cash. Save that money. Maybe you are a student at the University of Louisville, working downtown, or someone who wants to be close to the most historic and sought after places in town like Old Louisville, Frankfort Avenue, the Waterfront, the Highlands, or Nulu. Get to all those places in just minutes! This property has been meticulously maintained and loved for over 24 years by the current owners with a significant amount invested in its care, upkeep, and improvements. Combine that with its prime location, instant cash flow, and your choice of either a residence of your own or additional rental income, and you have a rare and golden opportunity with this property. Whatever your needs or goals are, you have it here!
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FeaturesGeneralHeating Forced Air Natural Gas
Cooling Central Air
Utilities Electricity Connected Fuel:Natural
Roof Shingle
HOA Fee 0
Architectural Style Traditional
Construction Materials Wood Frame Brick Veneer
Year Built 1974
Tenant Pays Cable TV Electricity Gas Sewer Water
Property Subtype Duplex
County Jefferson
Property Type Multi Family
HOA false
Subdivision Name SHELBY PARK
Garage Y/N false
Status Active
Directions Interstate 65 South to Jefferson St/Brook Street exit; merge onto South Brook Street; go about 0.3 miles and turn RIGHT onto Market Street; go 0.2 miles and turn RIGHT onto South Preston Street; house is on the RIGHT; park on the street or on the parking pad in the back of the house.
City Louisville
Number Of Units Total 2
MLS Area 02-Butchertwn/Hghlnds/Germantwn
Lot Size Units Square Feet
Lot Size Square Feet 2910
MLS Area Minor 02-Butchertwn/Hghlnds/Germantwn
Standard Status Active
Tax Lot 0092
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InteriorAir Conditioning Y/N true
Heating Y/N true
Above Grade Finished Area 2014
Total Bedrooms 4
Below Grade Finished Area 0
Total Baths 2
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ExteriorExterior Amenities None
Lot Features Sidewalk
Water Source Public
Lot Size Area 2910
Building Area Total 2014
Lot Dimensions 25X116
Lot Size Acres 0.07
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* Excluded FeaturesList ByUnited Real Estate LouisvilleBroker
steveullum@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,768
- 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 $502,898
Percent of Sale Price 80%
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 |
|---|
| 8/18/2026 | $280,000 | | Listed Price |