421 E Ormsby Ave Louisville, KY 40203

Multi-Family (2-4 Units) MLS #: 1681291 Courtesy Of HomePage Realty

$215,000

4 beds | 1,760 sq ft
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Estimated monthly payments: $940/mo.* (recalculate)

Property InformationDescription

This exceptional investment opportunity features a package of single-family and small multi-family rental homes, all strategically located in Louisville, KY. The properties are currently fully rented, with tenants paying near-market value, ensuring immediate cash flow for the next investor. Each home has been well-maintained and is ready for a seamless transition, offering a turn-key solution for any buyer looking to expand or diversify their portfolio. Whether you are a seasoned investor or just entering the rental market, these homes provide a fantastic opportunity for stable, long-term returns. Don't miss out on this rare opportunity to acquire a fully rented, low-maintenance, and income-producing asset in a growing market. This property is only for sale as a package at this time. Addresses included in this sale:

-421 E Ormsby Ave, Louisville, KY 40203- 2 units: each with 2 beds, 1 bath

-2733 Taylor Blvd, Louisville, KY 40208-4 units: each with 1 bed, 1 bath

-2104 W Burnett Ave, Louisville, KY 40210-SF: 3 beds, 1 bath

-1848 Portland Ave, Louisville, KY 40203-2 units: each with 1 bed, 1 bath

-122 N 39th St, Louisville, KY 40212- SF: 2 beds, 1 bath

-4722 Granada Dr, Louisville, KY 40272-SF: 3 beds, 1 bath

Features

  • Age: Over 50 Years Old
  • Architecture Style: Other
  • Cooling System: Window Unit(s) A/C
  • Exterior Type: Vinyl Siding
  • Heating System: Forced Air
  • Lot Size: 0.08 Acres

MAP & DIRECTIONS

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421 E Ormsby Ave, Louisville, KY 40203
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School Information

421 E Ormsby Ave, Louisville, KY 40203

Elementary School
Grades KG-5 | Public School
ENGELHARD ELEMENTARY SCHOOL
Louisville, KY 40203
1004 S 1st St
502.­485.8246
Distance: 0.6 mi
School Rating
D-
Student:Teacher Ratio
12:1
Total Students
310
Middle School
Grades 6-8 | Public School
MEYZEEK MIDDLE SCHOOL
Louisville, KY 40203
828 S Jackson St
502.­485.8299
Distance: 0.7 mi
School Rating
B+
Student:Teacher Ratio
21:1
Total Students
1062
High School
Grades 9-12 | Public School
ATHERTON HIGH SCHOOL
Louisville, KY 40205
3000 Dundee Rd
502.­485.8202
Distance: 3.5 mi
School Rating
B+
Student:Teacher Ratio
19:1
Total Students
1495
Other Nearby Schools Distance Type Grades School Rating
Shelby Elementary School 0.6 mi Public KG-5 F
Heuser Hearing & Language Academy 0.6 mi Private PK-KG
Jefferson County High School 0.6 mi Public 7-12 D
Heuser Hearing & Language Academy 0.6 mi Public PK-KG
Dawson Orman Education Center 0.6 mi Public PK
Dupont Manual High School 0.7 mi Public 9-12 A+
Noe Middle School 0.7 mi Public 6-8 B-
Presentation Academy 0.9 mi Private 9-12
Cochran Elementary School 1.0 mi Public KG-5 D+
U Of L Pact Program 1.0 mi Public 12
St Francis School 1.1 mi Private KG-12
Ackerly 1.2 mi Public 5-12
Breckinridge Metropolitan High School 1.2 mi Public 9-12 F
Ahrens Educational Resource Center 1.3 mi Public 12
Jefferson County Traditional Middle School 1.3 mi Public 6-8 B-
J. Graham Brown School 1.3 mi Public KG-12 A
Nativity Academy At St Boniface 1.4 mi Private 6-8
Kentucky Tech - Jefferson Campus 1.5 mi Public UG
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Louisville, KY 40203

Median Age: 37.8
Married: 14%
Number of Households: 7,345
Households with Children: 21.8%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2025 Greater Louisville Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.