4400 S 2nd St

Well-maintained and full of character, this charming quadplex offers a prime investment opportunity just minutes from Churchill Downs. The property features (4) 1-bedroom apartments with two units on the first floor and two units on the second floor, each offering a spacious living room with a fireplace, kitchen with dining area, one bedroom, and one full bath. Original hardwood floors, arched doorways, and rich wood trim provide timeless architectural appeal throughout. Tenants enjoy convenient on-site laundry located in the basement with a new washer and dryer, along with private storage closets for each unit. Recent improvements include new plumbing in all unit bathrooms (2025), three new water heaters (2025), a new roof (2025), new blinds in Apartment #1, and fresh paint and new lighting in the basement. Secure entry has been enhanced with new front and rear security doors featuring coded access. Building is being sold as-is.

Additional highlights include off-street parking in the rear lot and a gazebo perfect for relaxing during warmer months. Current rents are $900 per unit with $500 security deposits providing immediate income. A fantastic opportunity to own a classic, updated multi-family property in a highly desirable location.

Meters are separate. Tenants pay for electric. Owner pays for electric in common areas and water for entire building. Trash is included in property taxes.

PVA has square footage noted as 3,280 above grade and 1,632 in below grade. Recent appraisal notes 2,954 above grade and 1,597 below grade.