1518 W Oak St
1518 W Oak St, Louisville, KY 40210

Overview
Exceptional investment opportunity in Louisville's Park Hill neighborhood! This fully leased 6-unit (all 3BR/1BA) multifamily property offers potential for immediate day-one cash flow. Built in 2001, this well-maintained 3-story building features 4,800 sq ft of living space on an 8,028 sq ft lot, zoned R7 Residential Multi-Family, with heating and cooling throughout all units. Off street parking for tenants. Adding to the income potential, the property also generates additional revenue through on-site billboard advertising. Whether you're a seasoned investor or just getting started, this turnkey asset is primed for anyone looking to add a stabilized income-producing property to their portfolio. This listing includes additional lot at 1522 W Oak.
Signed offer or LOI is required prior to scheduling a showing. Please allow 24 hours for the listing agent to respond to all offers. Additional Notes: All showing requests must go through the listing agent. Current leases and rent rolls available upon request. Property is being sold as-is with tenants in place. All leases will transfer to the new owner at closing. Buyers are encouraged to perform their own due diligence regarding income, expenses, and current lease terms.
- 6-unit fully leased multifamily property — day-one cash flow potential
- 4,800 sq ft of living space across 3 stories
- Built in 2001 and well-maintained
- Zoned R7 Residential Multi-Family on 8,028 sq ft lot
- Heating and cooling throughout all units
- Additional billboard advertising income on-site
- Turnkey investment — all leases transfer to new owner at closing
- Ideal for both new and seasoned investors
- Conveniently located in Louisville's Park Hill neighborhood
- Strong rental market in the 40210 zip code
For Sale
- Sale Price
- $599,000
- Price Per SF
- $124.79/SF
- Building Size
- 4,800 SF
- Acres
- 0.1843 ac
- Zoning
- R7
- Zoning Desc.
- Residential Multifamily District
- Year Built
- 2001
- Parking Spaces
- 6
- Nearest MSA
- Louisville-Jefferson County, KY-IN
- Tax ID Number
- 039B01660000
- Property Use Type
- Investment
- Property Status
- Existing
- Total Units
- 6
- Laundry
- In Each Unit
- Power Provider
- LG&E
- Water Provider
- Louisville Water Company
- Sewer Provider
- MSD
- County
- Jefferson
- Listed
- 05/12/2026
- Updated
- 05/14/2026
- Listing ID
- 3ae7e316
- Parcel APN
- 039B01660000








