38 House, 40 door, Single Family Investment Portfolio
3507 Bells Ln, Louisville, KY 40211

Overview
38 house investment package, 40 doors, would make a great addition to any investors portfolio. Numerous updates to the homes over the last several years, with most having luxury vinyl flooring updated upon change over. Most all of these homes are priced at the 1% rule. Seller prefers to sell as a package but will listen to anything that makes sense. We can add more homes for the right investor that's really looking to scale, up to 100 more possibly. The seller has ongoing efforts to fill any active vacancies, and this we be updated with any of those changes. Home values have continued to rise in these areas, and hopefully will continue to do so with the shortage of affordable housing available in the city. Several of these homes are paying below market rent, and the new owner can see an immediate return by bringing the rents up to current market rates. Consider adding this income producing portfolio to your investment catalogue.
810 S 37th St 3/1 1500sq ft $800.00 rent unit 1A, Unit 1B 950sq ft Vacant $109,000
3507 Bells Ln 2/1 700sq ft $900.00 rent $89,000
3312 Bank St 4/1 1300sq ft $1441.00 rent $139,000
3103 Dumesnil 3/1 1100sq ft vacant $85,000
3039 Dumesnil 3/1 1300sq ft $1100.00 rent $109,000
1713 St Louis 2/1 912sq ft $790.00 rent $79,000
1233 S 16th St 2/1 1200sq ft $925.00 $89,000
118 Dr WJ Hodge 2/1 1000sq ft $755.00 $79,000
200 S 43rd St 4/1 870sq ft $1500.00 rent $145,000
915 S 32nd St 2/2 850sq ft $850.00 rent $86,000
122 S 38th St $981.00 rent 2/1 720sq ft $95,000
1707 Hale Ave $900.00 rent 3/2 1257sq ft $89,000
2329 W Hill St $1115.00 rent 2/1 982sq ft $109,000
2333 W Hill St $817.00 rent 2/1 800 Sq Ft $79,000
2426 Griffiths Ave $760.00 rent 3/1 1215sq ft $69,000
3118 W Jefferson St 2/1 900sq ft $975 rent $95,000
3410 Garland Ave Vacant 1bd 1ba 882sq ft $75,000
2811 w Jefferson St Vacant 3bd 1ba 1200sq ft $1000 rent $95,000
1738 St Louis Ave 2bd 1ba 800sq ft $800 rent $79,000
1111 Louis Coleman Jr Dr 2bd 1ba 882sq ft $600 rent $ 70,000
1543 Dumesnil St 2/1 893sq ft $915 rent $89,000
1701 W Oak St 2/1 984sq ft $750 rent $75,000
1719 W Oak St 2/1 1100sq ft $750 rent $75,000
2337 W Hill St Vacant 2br 1.5ba 1300sq ft $110,000
1723 1/2 Hale Ave 2bd 1ba 1003sq ft $900 rent $89,000
1816 Greenwood Ave 2br 1ba 977sq ft $850 rent $85,000
2124 Griffiths Ave 3ba 1ba 1100sq ft $1300 rent $125,000
2213 W Kentucky 3bbr 1ba 1182sq ft $1000 rent $95,000
3515 Del Park Terrace 3br 1ba 975sq ft $1099 rent $105,000
520 E Ormsby Ave 3br 1ba 750sq ft $775 rent Unit 1. Unit 2 is $800 rent 3br $175,000
3423 Duncan St 2br 1ba 1119sq ft Vacant $78,000
1626 W Ormsby Ave 4br 2ba 1463sq ft Vacant $109,000
641 S 35th St 2br 1ba 978sq ft $1067 rent $95,000
412 S 28th St 3br 1ba 1152sq ft Vacant $75000
643 S 39th St. 3br 1ba 131sq ft Vacant $115,000
411 Dr WJ Hodge St 3br 1ba 1002sq ft $1200.00 rent $110,000
660 S 26th St 3br 2ba 1019sq ft $600 rent $69,000
2811 Madison St 4br 1ba 1744sq ft $1250 rent $129,000
For Sale
Secondary Uses: Duplex/Quadplex
- Sale Price
- $3,579,100
- Price Per SF
- $94.2/SF
- Cap Rate
- 10.15%
- Building Size
- 38,000 SF
- Acres
- 0.1263 ac
- Zoning
- R5
- Zoning Desc.
- Single Family Residential
- NOI
- $363,180
- Property Use Type
- Investment
- Avg. Occupancy
- 90%
- Total Units
- 38
- Laundry
- In Each Unit
- County
- Jefferson
- Available
- 02/05/2026
- Listed
- 02/05/2026
- Updated
- 04/03/2026
- Listing ID
- 41a6ed0e
- Parcel APN
- 047G00860000














