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Listing provided courtesy of Real Broker, LLCMLS# 1717424MLS ProviderSource MLS Verified
  • 12 days on site
  • 3 views

Turnkey 8-unit multifamily opportunity with all units vacant and rent ready—allowing investors to lease at current market rents from day one instead of inheriting under-market tenants. Property consists of eight 2BR/1BA units in a strong rental corridor with nearby rental comps supporting approximately $1000-$1,200+ monthly rents depending on finishes and strategy (aka it should surpass the 1% rule pretty easily). Ideal for investors seeking immediate lease-up potential, strong cash flow upside, and operational flexibility. Perfect value-add opportunity without heavy rehab needs. Great fit for buy-and-hold investors, BRRRR strategies, or portfolio expansion. Rare chance to stabilize an entire 8-unit building at today's market rates.

Source: Louisville MLS, MLS#: 1717424

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  • Property Type
    Residential Income

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 1439 Thornberry Ave

Schools

School data unavailable,
School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/19/2026Source: Louisville MLS Price Reduction
$550,000 -6.0%
6/19/2026Source: Louisville MLS Status Change
Active Under Contract
6/18/2026Source: Louisville MLS Status Change
Active
6/1/2026Source: Louisville MLS Status Change
Active Under Contract
5/29/2026Source: Louisville MLS Price Reduction
$585,000 -2.2%
5/14/2026Source: Louisville MLS Added to Database
May 14, 2026
5/29/2024Source: Louisville MLS Status Change
Rented