4400 S 2nd St, Louisville KY 40214
Fourplex Apartment Building for Sale Listed at $385,000
Property Details
Quadplex
Fireplace
Outdoor gazebo
Off-street parking
(4) 1 bedroom, 1 bath apartments
Detailed trim work
On-site laundry
2 units on each floor
New roof - 2025
Additional storage for units in basement
Property description
Located in convenient Churchill neighborhood close to expressway, grocery, gas station and we can’t forget to mention the prestigious Churchill Downs!
Want to learn the FULL scoop about this property?
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, and three of the four units are currently leased, providing immediate income. A fantastic opportunity to own a classic, updated multi-family property in a highly desirable location.
