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1518 W Oak St

1518 W Oak St, Louisville, KY 40210

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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

Multifamily
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