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38 House, 40 door, Single Family Investment Portfolio

3507 Bells Ln, Louisville, KY 40211

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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

Investment
Multifamily

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