1429 Morton Ave Louisville, KY $ 469,900
1429 Morton Ave
$ 469,900
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1429 Morton Ave

Louisville, KY, 40204
$ 469,900
Bedrooms3 Baths2.0 Sq 2,252

Monthly Estimate*

$ 3,245

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Multi-Family Home for sale in Louisville, KY

for $469,900 with 3 bedrooms and 2 full baths. This 2,252 square foot home was built in 1900 on a lot size of 0.08.

TURNKEY INVESTMENT OPPORTUNITY IN THE HEART OF THE HIGHLANDS! Beautifully remodeled duplex offering 2,252 square feet of updated living space in one of Louisville's most desirable neighborhoods! Priced at $469,900, this income-producing property generates $3,100 in monthly rental income ($37,200 annually), with reported annual operating expenses of just $6,350. That's an estimated Net Operating Income (NOI) of $30,850 and an attractive 6.57% CAP RATE! Extensively renovated and move-in ready, this duplex offers two separate residential units, making it an excellent opportunity for investors seeking immediate rental income or owner-occupants looking to live in one unit while generating income from the other. Located in the vibrant Highlands neighborhood, residents enjoy convenient access to popular restaurants, boutiques, coffee shops, nightlife, parks, and entertainment. Just minutes from downtown Louisville and UofL! PRIME LOCATION + EXTENSIVE RENOVATIONS + ESTABLISHED RENTAL INCOME! A fantastic opportunity to own an income-producing property in the Highlands. See attached improvements for extensive remodel performed on this property. Schedule your private showing today!

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Multi-Family Active

Price

$ 469,900

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Traditional

Lot Size

0.08

Year Built

1900

Town/City

Louisville

County/Region

Jefferson

MLS | Web ID

1731542

Features
General
Heating Forced Air Natural Gas
Cooling Central Air
Utilities Electricity Connected Fuel:Natural
Roof Shingle
HOA Fee 0
Architectural Style Traditional
Construction Materials Vinyl Siding Wood Frame
Year Built 1900
Tenant Pays Cable TV Electricity Gas See Remarks
Property Subtype Duplex
County Jefferson
Property Type Multi Family
HOA false
Subdivision Name NONE
Garage Y/N false
Status Active
Directions Bardstown Rd to Baxter Ave; left onto Morton Ave; building is on the right
City Louisville
Number Of Units Total 2
MLS Area 02-Butchertwn/Hghlnds/Germantwn
Lot Size Units Square Feet
Lot Size Square Feet 3284.42
MLS Area Minor 02-Butchertwn/Hghlnds/Germantwn
Standard Status Active
Tax Lot 0123
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Interior
Air Conditioning Y/N true
Heating Y/N true
Above Grade Finished Area 2252
Total Bedrooms 3
Below Grade Finished Area 0
Total Baths 2
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Exterior
Exterior Amenities See Remarks
Lot Features Sidewalk
Water Source Public
Lot Size Area 3284.42
Building Area Total 2252
Lot Dimensions 32.5X100
Lot Size Acres 0.08
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* Excluded Features
List By
Caperton Realty

Broker

deborahknowshomes@gmail.com

Email

Affordability Calculator

$3,245
Per Month
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Monthly Principal & Interest
$3,245
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Default based on a 30-year fixed rate of 7.375% 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
0 Elementary School
0 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/10/2026$469,900 Listed Price

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1429 Morton Ave, Louisville, KY, 40204 is a Multi-Family Home for sale at $469,900 with 2,252 sqft and a lot size of 0.08. 1429 Morton Ave has 3 bedrooms, 2.0 baths, and was built in 1900. The property's zip code is 40204 which is in Louisville, KY