817 Rubel Ave
Property Description
Exceptional Quadplex Investment in the Original Highlands - Welcome to 817 Rubel Ave, a rare opportunity to own a well maintained quadplex in the vibrant Original Highlands-one of Louisville's most sought after neighborhoods. Held by the same family for more than 50 years, this property offers both history and strong income potential in a location that continues to attract long term renters. This fully occupied four unit property features reliable tenants and a current monthly rent roll of $2,550, with one unit vacant. Investors will appreciate the diversified unit mix and consistent rental performance. Unit Breakdown - Apartment 1: 1 Bedroom | Tenant pays personal electric - Apartment 2: Large Open Studio All utilities included. Apartments 3 : 1 Bedroom All utilities included - Apartment 4 Large Open Studio, All utilities included. The owner currently covers water and gas, and tenants benefit from shared washer and dryer access in the basement, adding convenience and value for residents. Outside, the spacious backyard provides a welcoming shared space-perfect for tenant gatherings and community enjoyment. On street parking is readily available. Located near Rubel Park, the property offers convenient access to downtown Louisville, the University of Louisville, major medical centers, restaurants, and entertainment districts, making it highly desirable for renters seeking an urban lifestyle. Investment Highlights - Fully occupied quadplex - Prime Highlands location - Long term ownership history - Shared laundry and outdoor common area - Close proximity to parks, employment hubs, and entertainment This is a turnkey income producing property in one of Louisville's most dynamic neighborhoods-an opportunity investors will not want to miss.
Broker Details
Berkshire Hathaway HomeServices Parks & Weisberg, Realtors (502) 459-1928
MLS ID: 28552
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $415,000 |
| No. of Units: | 4 |
| Year Built: | 1900 |
| Lot Size: | 2,493.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $103,750 |
| Property Website | Click Here |
| Number of Bedrooms: | 4 |
| Number of Bathrooms: | 1 |
ID: 3yd-GLARKY-1727256
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