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551 S Shelby St Louisville, KY $ 295,000
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$ 295,000 Get more info
551 S Shelby St
$ 295,000
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551 S Shelby St

Louisville, KY, 40202
$ 295,000
Baths0.0 Sq 5,380

Monthly Estimate*

$ 1,863

551 S Shelby St, Louisville, KY 40202 - Image 1
551 S Shelby St, Louisville, KY 40202 - Image 2
551 S Shelby St, Louisville, KY 40202 - Image 3
551 S Shelby St, Louisville, KY 40202 - Image 4
Studio

Multi-Family Home for sale in Louisville, KY

for $295,000. This 5,380 square foot home was built in 1995.

Unique investment opportunity in Phoenix Hill! This 6-plex offers the potential to continue generating rental income or renovate and reposition the property for increased returns. It consists of 4 three bedroom units and 2 two bedroom units. Four of the six units are currently occupied, providing immediate rental income. The remaining units offer additional opportunity, however repairs are needed. Each unit is separately metered for LGE. Owner pays water/sewer/trash. The building is in need of foundation repairs; see the seller's disclosure for additional information. Property is being sold as-is. Buyer to verify square footage.

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Multi-Family Active

Price

$ 295,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Traditional

Year Built

1995

Town/City

Louisville

County/Region

Jefferson

MLS | Web ID

1727867
Features
General
Heating Forced Air
Cooling Central Air
Utilities Electricity Connected
Roof Shingle
HOA Fee 0
Architectural Style Traditional
Construction Materials Vinyl Siding
Year Built 1995
Tenant Pays Cable TV Electricity Gas
Property Subtype Apartment
County Jefferson
Property Type Multi Family
HOA false
Subdivision Name PHOENIX HILL
Garage Y/N false
Status Active
Directions Two blocks north of Broadway at the corner of S. Shelby and E. Chestnut.
City Louisville
Number Of Units Total 6
MLS Area 00-Central Downtown District/Old Louisville
Lot Size Square Feet 0
MLS Area Minor 00-Central Downtown District/Old Louisville
Standard Status Active
Tax Lot 0001
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Interior
Air Conditioning Y/N true
Heating Y/N true
Above Grade Finished Area 5380
Total Bedrooms 0
Below Grade Finished Area 0
Total Baths 0
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Exterior
Exterior Amenities None
Lot Features Corner Lot
Building Area Total 5380
Lot Dimensions 0
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* Excluded Features
List By
Schempp Realty Company

Broker

katieschempp@gmail.com

Email

Affordability Calculator

$1,863
Per Month
100%
0%
0%
Monthly Principal & Interest
$1,863
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.
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Nearby
0 Elementary School
0 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
9/1/2026$295,000 Listed Price

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551 S Shelby St, Louisville, KY, 40202 is a Multi-Family Home for sale at $295,000 with 5,380 sqft. 551 S Shelby St is a studio with 0.0 baths and was built in 1995. The property's zip code is 40202 which is in Louisville, KY

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