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1382 Ouerbacker Ct

1382 Ouerbacker Ct, Louisville, KY 40208

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Overview

Located on a quiet walking court in historic Old Louisville, this 5-unit multifamily property offers a solid investment opportunity on a highly desirable walking court and in a well-established rental market. The asset features a one 2-bedroom unit, two 1-bedroom units and two studios, providing flexibility and appeal to a broad tenant base. The property benefits from consistent demand due to its proximity to the University of Louisville, attracting students, faculty, and area residents. This location supports stable occupancy and long-term rental potential.

Currently under professional management, the asset offers operational stability and a streamlined ownership experience. It has coin-operated laundry, boiler heat, and window unit air conditioning. It is well-suited for both first-time investors entering the multifamily sector and experienced owners seeking to expand their presence in this sub-market.

  • Quiet walking court in historic Old Louisville
  • Proximate to UofL with strong and stable tenant base
  • Coin-operated laundry
  • Boiler / window AC
  • Five Units (one 2-bedroom, two 1-bedroom, two studios)

For Sale

Multifamily
Sale Price
$497,000
Price Per SF
$149.7/SF
Building Size
3,320 SF
Acres
0.0939 ac
Zoning
TNZD
Zoning Desc.
Traditional Neighborhood Zoning District
Building Name
Five-Unit Old Louisville Multifamily For Sale
Year Built
1920
Total Units
5
Laundry
Shared
County
Jefferson
Available
04/08/2026
Listed
04/09/2026
Updated
04/15/2026
Listing ID
be42aa75
Parcel APN
032F00160000