4608 S 3rd St

A new price and a new opportunity for investors! Now offered at $265,000, this Beechmont-area duplex at 4608 S 3rd Street combines existing rental income with the flexibility to establish a new lease in the vacant second-floor unit. The first-floor unit features 2 bedrooms, 1.5 bathrooms, in-unit laundry, and access to a partially finished basement offering additional recreation space. Currently leased at $1,400 per month through March 2027, this unit provides an existing income stream from day one. The vacant second-floor unit offers 2 bedrooms, 1 bathroom, its own laundry, and the opportunity to select a new tenant and establish rental terms. Based on Rentometer comparisons, potential upstairs rent is estimated at up to $1,200 per month, creating a projected combined gross rental income of $2,600 monthly or $31,200 annually, if achieved. Buyers to verify. Additional features include a roof replaced in 2024. There is a covered front porch, rear deck, long driveway, alley access, and a four-car covered carport. With 2,448 square feet above grade plus approximately 475 finished square feet in the basement, this property offers space, parking, existing income, and future rental flexibility. Explore traditional long-term leasing or the potential for a furnished mid-term rental, subject to applicable requirements. An end of the year opportunity to add a versatile duplex to your Louisville investment portfolio!