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339 N 42nd St

Louisville, KY 40212
  • $259,000
  • STATUS: Active
  • ON SITE: 376 Days
  • ID#: 1696938
UPDATED: 26 min ago
$259,000
  • 0
    BEDS
  • 0.32
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,166
    SQFT
  • $120
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1937
County:

School Ratings & Info

Description

Unique Louisville investment opportunity featuring THREE separate rental homes on ONE parcel! Priced at $259,000, this package offers an attractive combination of existing income and immediate upside. One home is currently occupied at $995/month, one is vacant and RENT READY for immediate lease-up, and another tenant is scheduled to vacate, giving the next owner an additional opportunity to reposition the property and increase future rental income. The currently vacant home is in great condition and ready for a new tenant without the need for a major renovation. Ideal for a buy-and-hold investor looking to acquire multiple rental homes in a single transaction while having immediate control over future rents. Three houses. One parcel. One purchase. A unique opportunity to stabilize the portfolio at today's market rents and build long-term cash flow.

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© 2026 Metro Search Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by brokerage firms other than The Yenshaw Team | Century 21 Advantage Realty are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about each listing includes the name of the listing broker. Data last updated: 2026-09-14T06:58:14.317.
www.yenshawkentuckyrealestate.com/homes/167517583
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339 N 42nd St Louisville, KY 40212

  • Price: $259,000
  • Status: Active
  • On Site: 376 Days
  • Updated: 26 min ago
  • ID#: 1696938
0
Beds
0
Baths
0
½ Baths
0.32
Acres
2,166
SQFT
$120
$/SQFT
1937
Built
Neighborhood:
None
County:
Jefferson
Area:
Dtwn Old Louisville/Shively/West Lou
Property Description
Unique Louisville investment opportunity featuring THREE separate rental homes on ONE parcel! Priced at $259,000, this package offers an attractive combination of existing income and immediate upside. One home is currently occupied at $995/month, one is vacant and RENT READY for immediate lease-up, and another tenant is scheduled to vacate, giving the next owner an additional opportunity to reposition the property and increase future rental income. The currently vacant home is in great condition and ready for a new tenant without the need for a major renovation. Ideal for a buy-and-hold investor looking to acquire multiple rental homes in a single transaction while having immediate control over future rents. Three houses. One parcel. One purchase. A unique opportunity to stabilize the portfolio at today's market rents and build long-term cash flow.
Exterior Features

Architectural Style Ranch Construction Materials Vinyl Siding Exterior Features None Roof Shingle

Interior Features

Above Grade Finished Area 2166 Below Grade Finished Area 0 Building Area Total 2166 Cooling [] Heating Forced Air Heating YN Yes

Property Features

1st Level Rent 995 1st Level Total Units 3 2nd Level Rent 924 3rd Level Rent 999 Association Amenities [] Association Fee 0 Association YN No Garage YN No Lot Features [] Lot Size Area 13939 Lot Size Dimensions 0 Municipality Louisville Other Structures [] Property Description Parking Spaces 0 Property Description Term Lease 0 Property Sub Type Triplex Utilities Electricity Connected Waterfront Features []

Listing provided courtesy of Real Broker, LLC: . © 2026 Metro Search, Inc. All rights reserved.


© 2026 Metro Search Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by brokerage firms other than The Yenshaw Team | Century 21 Advantage Realty are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about each listing includes the name of the listing broker. Data last updated: 2026-09-14T06:58:14.317.
 
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The Yenshaw Team | Century 21 Advantage Realty
Shelbyville KY, 40065