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551 S Shelby St

Louisville, KY 40202
  • $295,000
  • STATUS: Active Under Contract
  • ON SITE: 12 Days
  • ID#: 1727867
Under Contract
UPDATED: 27 min ago
$295,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,380
    SQFT
  • $55
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1995
County:

School Ratings & Info

Description

Unique investment opportunity in Phoenix Hill! This 6-plex offers the potential to continue generating rental income or renovate and reposition the property for increased returns. It consists of 4 three bedroom units and 2 two bedroom units. Four of the six units are currently occupied, providing immediate rental income. The remaining units offer additional opportunity, however repairs are needed. Each unit is separately metered for LGE. Owner pays water/sewer/trash. The building is in need of foundation repairs; see the seller's disclosure for additional information. Property is being sold as-is. Buyer to verify square footage.

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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: 2026-09-14T07:57:59.147.
www.yenshawkentuckyrealestate.com/homes/180747710
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551 S Shelby St Louisville, KY 40202

  • Price: $295,000
  • Status: Active Under Contract
  • On Site: 12 Days
  • Updated: 27 min ago
  • ID#: 1727867
0
Beds
0
Baths
0
½ Baths
N/A
Acres
5,380
SQFT
$55
$/SQFT
1995
Built
Neighborhood:
Phoenix Hill
County:
Jefferson
Area:
Central Downtown District/Old Louisville
Property Description
Unique investment opportunity in Phoenix Hill! This 6-plex offers the potential to continue generating rental income or renovate and reposition the property for increased returns. It consists of 4 three bedroom units and 2 two bedroom units. Four of the six units are currently occupied, providing immediate rental income. The remaining units offer additional opportunity, however repairs are needed. Each unit is separately metered for LGE. Owner pays water/sewer/trash. The building is in need of foundation repairs; see the seller's disclosure for additional information. Property is being sold as-is. Buyer to verify square footage.
Exterior Features

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

Interior Features

Above Grade Finished Area 5380 Below Grade Finished Area 0 Building Area Total 5380 Cooling Central Air Cooling YN Yes Heating Forced Air Heating YN Yes

Property Features

1st Level Total Units 4 2nd Level Total Units 2 Association Amenities [] Association Fee 0 Association YN No Garage YN No Lot Features Corner Lot Lot Size Dimensions 0 Other Structures [] Property Description Parking Spaces 4 Property Description Term Lease Month to month Property Sub Type Apartment Utilities Electricity Connected Waterfront Features []

Listing provided courtesy of Schempp Realty Company: (502) 562-0016. © 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: 2026-09-14T07:57:59.147.
 
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The Yenshaw Team | Century 21 Advantage Realty
Shelbyville KY, 40065